India (IND) and Uzbekistan (UZB) Trade | The Observatory of Economic Complexity

About

India-Uzbekistan In 2022, India exported $512M to Uzbekistan. The main products that India exported to Uzbekistan are Packaged Medicaments ($220M), Raw Sugar ($34.7M), and Vaccines, blood, antisera, toxins and cultures ($18.9M). During the last 27 years the exports of India to Uzbekistan have increased at an annualized rate of 17%, from $7.44M in 1995 to $512M in 2022.

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

Uzbekistan-India In 2022, Uzbekistan exported $88.2M to India. The main products that Uzbekistan exported to India were Silver ($55M), Insect Resins ($10.4M), and Raw Silk ($4.32M). During the last 27 years the exports of Uzbekistan to India have increased at an annualized rate of 8.12%, from $10.7M in 1995 to $88.2M in 2022.

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

Comparison In 2022, India ranked 42 in the Economic Complexity Index (ECI 0.57), and 15 in total exports ($468B). That same year, Uzbekistan ranked 75 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B).

Latest Trends

January, 2024

About

Overview In January 2024, India exported $35.3M and imported $1.5M from Uzbekistan, resulting in a positive trade balance of $33.8M. Between January 2023 and January 2024 the exports of India have increased by $14.2M (67.4%) from $21.1M to $35.3M, while imports increased by $326k (27.8%) from $1.17M to $1.5M.

Trade In January 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 January 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 January 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 January 2024, the increase in India's year-by-year imports from Uzbekistan was explained primarily by an increase in product imports in .

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$14.2M(67.4%)

IMPORT GROWTH (January 2023 - January 2024)$326k(27.8%)

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

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, India exported $512M to Uzbekistan. The main products exported from India to Uzbekistan were Packaged Medicaments ($220M), Raw Sugar ($34.7M), and Vaccines, blood, antisera, toxins and cultures ($18.9M). During the last 27 years the exports of India to Uzbekistan have increased at an annualized rate of 17%, from $7.44M in 1995 to $512M in 2022.

In 2022, Uzbekistan exported $88.2M to India. The main products exported from Uzbekistan to India were Silver ($55M), Insect Resins ($10.4M), and Raw Silk ($4.32M). During the last 27 years the exports of Uzbekistan to India have increased at an annualized rate of 8.12%, from $10.7M in 1995 to $88.2M in 2022.

Exports from India () to Uzbekistan () (2022)

Exports from Uzbekistan () to India () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

India
Top DestinationUnited States$82.9B

Uzbekistan
Top DestinationSwitzerland$4.29B

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 2021, countries that imported more from India than Uzbekistan were United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2021, countries that imported more from Uzbekistan than India were Switzerland ($4.29B), Kyrgyzstan ($926M), and Kazakhstan ($1.25B).

Difference in imports from Uzbekistan () and India () (2022)

Comparative Advantage India - Uzbekistan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, India had a large net trade with Uzbekistan in the exports of Chemical Products ($278M), Machines ($85.9M), and Foodstuffs ($40.5M).

During 2022, Uzbekistan had a large net trade with India in the exports of Precious Metals ($55M), Vegetable Products ($12.3M), and Metals ($5.09M).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more India has comparative advantage over Uzbekistan. Similarly, the more yellow a dot/product is, the more Uzbekistan has comparative advantage over India.

About

Latest Trends

About

Latest Trade

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Historical Data

Bilateral Trade by Products

Exports from India () to Uzbekistan () (2022)

Exports from Uzbekistan () to India () (2022)

Market Competitiveness

Difference in imports from Uzbekistan () and India () (2022)

Comparative Advantage India - Uzbekistan

Economic Complexity

Competitive Landscape

Product Space of India () and Uzbekistan () (2022)

Keep Exploring