Kazakhstan (KAZ) and Italy (ITA) Trade | The Observatory of Economic Complexity

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Kazakhstan-Italy Trade: In 2023, Kazakhstan exported $4.63B to Italy. The main products that Kazakhstan exported to Italy were Crude Petroleum ($3.95B), Wheat ($151M), and Raw Aluminium ($141M). Over the past 5 years the exports of Kazakhstan to Italy have increased at an annualized rate of 16.3%, from $2.18B in 2018 to $4.63B in 2023.

In 2023, Kazakhstan did not export any services to Italy.

Italy-Kazakhstan Trade: In 2023, Italy exported $1.12B to Kazakhstan. The main products that Italy exported to Kazakhstan were Valves ($81.5M), Packaged Medicaments ($76.5M), and Other Edible Preparations ($32.5M). Over the past 5 years the exports of Italy to Kazakhstan have decreased at an annualized rate of 4.92%, from $1.44B in 2018 to $1.12B in 2023.

In 2023, Italy did not export any services to Kazakhstan.

Comparison: In 2023, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B). That same year, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Kazakhstan exported $4.63B to Italy. The main products exported from Kazakhstan to Italy were Crude Petroleum ($3.95B), Wheat ($151M), and Raw Aluminium ($141M). During the last 5 years the exports of Kazakhstan to Italy have increased at an annualized rate of 16.3%, from $2.18B in 2018 to $4.63B in 2023.

In 2018, Italy exported $1.12B to Kazakhstan. The main products exported from Italy to Kazakhstan were Valves ($81.5M), Packaged Medicaments ($76.5M), and Other Edible Preparations ($32.5M). During the last 5 years the exports of Italy to Kazakhstan have decreased at an annualized rate of 4.92%, from $1.44B in 2023 to $1.12B in 2018.

Exports from Kazakhstan () to Italy () (2023)

Exports from Italy () to Kazakhstan () (2023)

Latest Data

Trade between Kazakhstan () and Italy ()

Kazakhstan Exports

Date

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kazakhstan
Top DestinationChina$15.2B

Italy
Top DestinationGermany$71.4B

This map shows whether countries import more from Kazakhstan or Italy. Each country is colored based on the difference in imports they receive from Kazakhstan and Italy or the difference in the growth in imports.

In 2023, countries that imported more from Kazakhstan than Italy included Russia ($9.78B), Uzbekistan ($3.04B), and Kyrgyzstan ($1.09B).

In 2023, countries that imported more from Italy than Kazakhstan included United States ($70.9B), Germany ($71.4B), and France ($61.1B).

Difference in imports from Italy () and Kazakhstan () (2023)

Comparative Advantage Kazakhstan - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Kazakhstan and Italy by product, considering products traded by both, Kazakhstan and Italy.

During 2023, Kazakhstan had a large net trade with Italy in the exports of Mineral Products ($4.05B), Metals ($376M), and Vegetable Products ($152M).

During 2018, Italy had a large net trade with Kazakhstan in the exports of Machines ($431M), Chemical Products ($168M), and Metals ($96M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kazakhstan Italy+$110MGold

Top Product Potential Italy Kazakhstan+$30.8MPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Kazakhstan and Italy. This means that a dot/product with the flag of Kazakhstan indicates it has a comparative advantage over Italy. Similarly, a dot/product with the flag of Italy indicates it has a comparative advantage over Kazakhstan.

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Historical Data

Bilateral Trade by Products

Exports from Kazakhstan () to Italy () (2023)

Exports from Italy () to Kazakhstan () (2023)

Latest Data

Trade between Kazakhstan () and Italy ()

Kazakhstan Exports

Italy Exports

Market Competitiveness

Difference in imports from Italy () and Kazakhstan () (2023)

Comparative Advantage Kazakhstan - Italy

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kazakhstan () and Italy () (2023)

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