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Trade between Kazakhstan and South Korea

In 2024, Kazakhstan exported $1.3 billion to South Korea and imported $2 billion. Kazakhstan ran a deficit of $737 million with South Korea, compared with a deficit of $823 million in 2019. South Korea was Kazakhstan’s 13th largest trading partner (2% of its trade), and Kazakhstan was South Korea’s 45th (0.2%).

Summary

Kazakhstan → South Korea
$1.3billion
South Korea → Kazakhstan
$2billion
Kazakhstan’s balance
-$737million

Balance

Kazakhstan’s trade balance with South Korea

Trade between Kazakhstan and South Korea grew 25.8-fold since 1995

USD billions (current). Kazakhstan’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 1.3
  • Imports 2
  • Balance -0.7

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$73 million$53 million$21 million
1996$125 million$105 million$19 million
1997$83 million$92 million-$9 million
1998$43 million$126 million-$83 million
1999$51 million$57 million-$5 million
2000$49 million$83 million-$33 million
2001$80 million$137 million-$57 million
2002$88 million$129 million-$40 million
2003$158 million$151 million$7 million
2004$216 million$301 million-$85 million
2005$235 million$295 million-$60 million
2006$262 million$392 million-$131 million
2007$251 million$644 million-$394 million
2008$334 million$439 million-$105 million
2009$173 million$397 million-$224 million
2010$374 million$613 million-$239 million
2011$389 million$747 million-$359 million
2012$317 million$961 million-$644 million
2013$246 million$1.3 billion-$1 billion
2014$518 million$1.1 billion-$560 million
2015$592 million$615 million-$23 million
2016$290 million$464 million-$173 million
2017$1.2 billion$587 million$585 million
2018$1.2 billion$912 million$332 million
2019$2.4 billion$3.2 billion-$823 million
2020$1.1 billion$2 billion-$890 million
2021$2.3 billion$734 million$1.5 billion
2022$4.5 billion$1.7 billion$2.8 billion
2023$3.6 billion$2.2 billion$1.4 billion
2024$1.3 billion$2 billion-$737 million

What they sell each other

What Kazakhstan sells to South Korea

The top 10 headings in 2024, with their share of the total.

  1. Crude petroleum$991 million · 78.5%
    1.6 million tonnes · Kazakhstan’s destinations
  2. Ferroalloys$89 million · 7%
    51 thousand tonnes · Kazakhstan’s destinations
  3. Radioactive elements$65 million · 5.1%
    101 tonnes
  4. Titanium$37 million · 2.9%
    5 thousand tonnes
  5. Molybdenum ore$22 million · 1.8%
    1 thousand tonnes
  6. Turbojets and gas turbines$7 million · 0.58%
    3 tonnes · South Korea’s sources
  7. Unwrought zinc$7 million · 0.57%
    3 thousand tonnes
  8. Tantalum$3 million · 0.25%
    8 tonnes
  9. Unwrought lead$1 million · 0.11%
    609 tonnes

What South Korea sells to Kazakhstan

The top 10 headings in 2024, with their share of the total.

  1. Vehicle bodies and cabs$469 million · 23.4%
    30 thousand tonnes
  2. Auto parts$352 million · 17.6%
    28 thousand tonnes · South Korea’s destinations
  3. Cars$230 million · 11.5%
    31 thousand tonnes · South Korea’s destinations
  4. Spark-ignition engines$185 million · 9.3%
    13 thousand tonnes
  5. 509 tonnes
  6. Other industrial machines$38 million · 1.9%
    526 tonnes
  7. Other plastic articles$34 million · 1.7%
    2 thousand tonnes
  8. Bulldozers and excavators$24 million · 1.2%
    8 thousand tonnes · South Korea’s destinations
  9. Tobacco processing machines$23 million · 1.2%
    193 tonnes
  10. Seats and chairs$23 million · 1.2%
    1 thousand tonnes

How it travels

Estimated sea route from Novorossiysk (Russia) to Busan.

The estimated sea route between Novorossiysk (Russia) and Busan is 15,703 nautical miles (29,082 km) long: ≈ 36.5–46.5 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Bosporus, the Dardanelles, the Strait of Gibraltar, the Cape of Good Hope and the Strait of Malacca and Singapore (15,703 nautical miles); and 15% via the Bosporus, the Dardanelles, the Suez Canal, the Bab-el-Mandeb Strait and the Strait of Malacca and Singapore (8,926 nautical miles).

Kazakhstan is landlocked: it ships through Novorossiysk (Russia).

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$2.9 billion · 88.1%
  2. Air$388 million · 11.9%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

South Korea was Kazakhstan’s 13th largest trading partner (2% of its trade), and Kazakhstan was South Korea’s 45th (0.2%).

South Korea in Kazakhstan’s trade
2.1%
South Korea’s rank among Kazakhstan’s partners
13th
Kazakhstan in South Korea’s trade
0.2%
Kazakhstan’s rank among South Korea’s partners
45th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.