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2022
Flag → Flag
Exports $495MRnk 93 / 217
2022
Flag → Flag
Top Product $184MBroadcasting Equipment
2022
Flag → Flag
Exports $1.98BRnk 14 / 146
2022
Flag → Flag
Top Product $1.7BCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.17Rnk 73 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP$221BCURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP GROWTH6.07%CURRENT US$
Rnk 150 / 186
2022
Flag
GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC$11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH-9.23%CURRENT US$
Rnk 161 / 186

About

India-Kazakhstan Trade: In 2022, India exported $495M to Kazakhstan. The main products that India exported to Kazakhstan were Broadcasting Equipment ($184M), Packaged Medicaments ($83M), and Raw Sugar ($21.4M). Over the past 5 years the exports of India to Kazakhstan have increased at an annualized rate of 21.5%, from $187M in 2017 to $495M in 2022.

In 2022, India did not export any services to Kazakhstan.

Kazakhstan-India Trade: In 2022, Kazakhstan exported $1.98B to India. The main products that Kazakhstan exported to India were Crude Petroleum ($1.7B), Silver ($152M), and Hydrogen ($61.8M). Over the past 5 years the exports of Kazakhstan to India have increased at an annualized rate of 20%,  from $797M in 2017 to $1.98B in 2022.

In 2022, Kazakhstan did not export any services to India.

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B).

Latest Trends

August, 2024

About

Overview In August 2024, India exported $21.4M and imported $48.2M from Kazakhstan, resulting in a negative trade balance of $26.8M. Between August 2023 and August 2024 the exports of India have decreased by $-10.4M (-32.8%) from $31.9M to $21.4M, while imports increased by $43.7M (976%) from $4.48M to $48.2M.

Trade In August 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 August 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 August 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 August 2024, the increase in India's year-by-year imports  from Kazakhstan was explained primarily by an increase in product imports  in Other Crude Minerals ($338k or 31.4%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)$-10.4M(-32.8%)
IMPORT GROWTH (August 2023 - August 2024)$43.7M(976%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check Kazakhstan and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Kazakhstan and India Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $495M to Kazakhstan. The main products exported from India to Kazakhstan were Broadcasting Equipment ($184M), Packaged Medicaments ($83M), and Raw Sugar ($21.4M). During the last 5 years the exports of India to Kazakhstan have increased at an annualized rate of 21.5%, from $187M in 2017 to $495M in 2022.

In 2017, Kazakhstan exported $1.98B to India. The main products exported from Kazakhstan to India were Crude Petroleum ($1.7B), Silver ($152M), and Hydrogen ($61.8M). During the last 5 years the exports of Kazakhstan to India have increased at an annualized rate of 20%, from $797M in 2022 to $1.98B in 2017.

Exports from India (Flag) to Kazakhstan (Flag) (2022)

Exports from Kazakhstan (Flag) to India (Flag) (2022)

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
Kazakhstan
Top DestinationChina$13.4B

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

In 2022, countries that imported more from India than Kazakhstan included United States ($82.9B), United Arab Emirates ($31.6B), and Bangladesh ($13.8B).

In 2022, countries that imported more from Kazakhstan than India included Russia ($8.78B), Uzbekistan ($3.68B), and Italy ($12.4B).

Difference in imports from Kazakhstan (Flag) and India (Flag) (2022)

Comparative Advantage India - Kazakhstan

Flow
Scale

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

During 2022, India had a large net trade with Kazakhstan in the exports of Machines ($251M), Chemical Products ($118M), and Foodstuffs ($24.3M).

During 2017, Kazakhstan had a large net trade with India in the exports of Mineral Products ($1.73B), Precious Metals ($152M), and Chemical Products ($65.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Kazakhstan+$72.4MTelephones
Top Product Potential Kazakhstan India+$1.55BCrude Petroleum

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

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

Product Space of India (Flag) and Kazakhstan (Flag) (2022)

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