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2023
Flag → Flag
Exports $656MRnk 83 / 220
2023
Flag → Flag
Top Product $281MPackaged Medicaments
2023
Flag → Flag
Exports $119MRnk 21 / 132
2023
Flag → Flag
Top Product $53.5MUranium and Thorium Ore
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.22Rnk 74 / 132
2023
Flag  
GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
 GDP$102BCURRENT US$
Rnk 70 / 195
2013-2023
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 95 / 195
2023
Flag
GDP PC $2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC$2,850CURRENT US$
Rnk 144 / 196
2013-2023
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GDP PC GROWTH15.7%CURRENT US$
Rnk 116 / 195

About

India-Uzbekistan Trade: In 2023, India exported $656M to Uzbekistan. The main products that India exported to Uzbekistan were Packaged Medicaments ($281M), Frozen Bovine Meat ($48.5M), and Textile Fiber Machinery ($37.5M). Over the past 5 years the exports of India to Uzbekistan have increased at an annualized rate of 20%, from $264M in 2018 to $656M in 2023.

In 2023, India did not export any services to Uzbekistan.

Uzbekistan-India Trade: In 2023, Uzbekistan exported $119M to India. The main products that Uzbekistan exported to India were Uranium and Thorium Ore ($53.5M), Raw Copper ($23.4M), and Insect Resins ($11.7M). Over the past 5 years the exports of Uzbekistan to India have increased at an annualized rate of 2.8%,  from $103M in 2018 to $119M in 2023.

In 2023, Uzbekistan did not export any services to India.

Comparison: In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B). That same year, Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22), and 72 in total exports ($24.3B).

Latest Trends

November, 2024

About

Overview In November 2024, India exported $47.2M and imported $1.24M from Uzbekistan, resulting in a positive trade balance of $46M. Between November 2023 and November 2024 the exports of India have increased by $14.5M (44.3%) from $32.7M to $47.2M, while imports increased by $410k (49.4%) from $830k to $1.24M.

Trade In November 2024, the top exports of India to Uzbekistan were Drug Formulations, Biologicals ($5.44M), Fresh Fruits ($2.47M), Indl. Machnry For Dairy Etc ($1.79M), Dyes ($1.41M), and Buffalo Meat ($1.04M). In November 2024 the top imports of India from Uzbekistan were Spices ($803k), Pulp And Waste Paper ($223k), Optical Items (Incl.Lens Etc) ($53.2k), Silk,Raw ($40.9k), and Fertilezers Manufactured ($24.3k).

Growth In November 2024, the increase in India's year-by-year exports to Uzbekistan was explained primarily by an increase in product exports in Fresh Fruits ($1.45M or 142%), Paper, Paper Board And Product ($755k or 17.6k%), and Surgicals ($571k or 6.88k%). In November 2024, the increase in India's year-by-year imports  from Uzbekistan was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)$14.5M(44.3%)
IMPORT GROWTH (November 2023 - November 2024)$410k(49.4%)

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 Uzbekistan and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Uzbekistan and India Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, India exported $656M to Uzbekistan. The main products exported from India to Uzbekistan were Packaged Medicaments ($281M), Frozen Bovine Meat ($48.5M), and Textile Fiber Machinery ($37.5M). During the last 5 years the exports of India to Uzbekistan have increased at an annualized rate of 20%, from $264M in 2018 to $656M in 2023.

In 2018, Uzbekistan exported $119M to India. The main products exported from Uzbekistan to India were Uranium and Thorium Ore ($53.5M), Raw Copper ($23.4M), and Insect Resins ($11.7M). During the last 5 years the exports of Uzbekistan to India have increased at an annualized rate of 2.8%, from $103M in 2023 to $119M in 2018.

Exports from India (Flag) to Uzbekistan (Flag) (2023)

Exports from Uzbekistan (Flag) to India (Flag) (2023)

Market Competitiveness

Color
India
Top DestinationUnited States$85.5B
Uzbekistan
Top DestinationSwitzerland$8.18B

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

In 2023, countries that imported more from India than Uzbekistan included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

In 2023, countries that imported more from Uzbekistan than India included Switzerland ($8.18B), Kazakhstan ($1.37B), and Kyrgyzstan ($769M).

Difference in imports from Uzbekistan (Flag) and India (Flag) (2023)

Comparative Advantage India - Uzbekistan

Flow
Scale

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

During 2023, India had a large net trade with Uzbekistan in the exports of Chemical Products ($368M), Machines ($121M), and Animal Products ($49.9M).

During 2018, Uzbekistan had a large net trade with India in the exports of Mineral Products ($54M), Metals ($28.7M), and Vegetable Products ($13.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Uzbekistan+$62.3MPackaged Medicaments
Top Product Potential Uzbekistan India+$16MSilver

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 Uzbekistan. This means that a dot/product with the flag of India indicates it has a comparative advantage over Uzbekistan. Similarly, a dot/product with the flag of Uzbekistan indicates it has a comparative advantage over India.

Product Space of India (Flag) and Uzbekistan (Flag) (2023)

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