India / Kazakhstan

Overview In January 2024, India exported $17.9M and imported $700k from Kazakhstan, resulting in a positive trade balance of $17.2M. Between January 2023 and January 2024 the exports of India have decreased by $-13.5M (-43%) from $31.3M to $17.9M, while imports decreased by $-1.89M (-73%) from $2.59M to $700k.

Trade In January 2024, the top exports of India to Kazakhstan were Telecom Instruments ($13.9M), Drug Formulations, Biologicals ($9.89M), Tea ($1.72M), Atm, Injctng Mlding Mchnry Etc ($950k), and Medical And Scientific Instrum ($456k). In January 2024 the top imports of India from Kazakhstan were Other Crude Minerals ($1.41M), Inorganic Chemicals ($257k), Iron And Steel ($256k), Plastic Raw Materials ($188k), and Spices ($183k).

Growth In January 2024, the decrease in India's year-by-year exports to Kazakhstan was explained primarily by an decrease in product exports in Telecom Instruments ($-1.22M or -8.07%), Bulk Drugs, Drug Intermediates ($-269k or -90.1%), and Electronics Components ($-195k or -88%). In January 2024, the decrease in India's year-by-year imports  from Kazakhstan was explained primarily by an decrease in product imports  in Inorganic Chemicals ($-1.13M or -81.5%) and Spices ($-114k or -38.4%).