2023
Flag  
GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
 GDP
$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH
11%CURRENT US$
Rnk 153 / 195
2023
Flag
GDP PC 
$2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC
$12,919CURRENT US$
Rnk 79 / 196
2013-2023
Flag
GDP PC GROWTH
-4.15%CURRENT US$
Rnk 158 / 195

About

India-Kazakhstan Trade: In 2023, India exported $568M to Kazakhstan. The main products that India exported to Kazakhstan were Packaged Medicaments ($108M), Broadcasting Equipment ($96.4M), and Tea ($36.3M). Over the past 5 years the exports of India to Kazakhstan have increased at an annualized rate of 18.7%, from $242M in 2018 to $568M in 2023.

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

Kazakhstan-India Trade: In 2023, Kazakhstan exported $596M to India. The main products that Kazakhstan exported to India were Crude Petroleum ($284M), Hydrogen ($90.8M), and Silver ($87.7M). Over the past 5 years the exports of Kazakhstan to India have decreased at an annualized rate of 10.6%,  from $1.04B in 2018 to $596M in 2023.

In 2023, Kazakhstan 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, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, India exported $568M to Kazakhstan. The main products exported from India to Kazakhstan were Packaged Medicaments ($108M), Broadcasting Equipment ($96.4M), and Tea ($36.3M). During the last 5 years the exports of India to Kazakhstan have increased at an annualized rate of 18.7%, from $242M in 2018 to $568M in 2023.

In 2018, Kazakhstan exported $596M to India. The main products exported from Kazakhstan to India were Crude Petroleum ($284M), Hydrogen ($90.8M), and Silver ($87.7M). During the last 5 years the exports of Kazakhstan to India have decreased at an annualized rate of 10.6%, from $1.04B in 2023 to $596M in 2018.

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

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

Market Competitiveness

Color
India
Top Destination
United States$85.5B
Kazakhstan
Top Destination
China$15.2B

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 2023, countries that imported more from India than Kazakhstan included United States ($85.5B), United Arab Emirates ($28.8B), and Germany ($15B).

In 2023, countries that imported more from Kazakhstan than India included Russia ($9.78B), Greece ($3.56B), and Uzbekistan ($3.04B).

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

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 2023, India had a large net trade with Kazakhstan in the exports of Machines ($197M), Chemical Products ($164M), and Vegetable Products ($45.7M).

During 2018, Kazakhstan had a large net trade with India in the exports of Mineral Products ($377M), Chemical Products ($98M), and Precious Metals ($87.7M).

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) (2023)

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