Kazakhstan (KAZ) and India (IND) Trade | The Observatory of Economic Complexity

About

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.

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.

Comparison: In 2023, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B). That same year, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, 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 2018 to $596M in 2023.

In 2018, 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 2023 to $568M in 2018.

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

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

Latest Data

Trade between Kazakhstan () and India ()

Kazakhstan Exports

Date

India Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kazakhstan
Top DestinationChina$15.2B

India
Top DestinationUnited States$85.5B

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

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

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

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

Comparative Advantage Kazakhstan - India

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Kazakhstan had a large net trade with India in the exports of Mineral Products ($377M), Chemical Products ($98M), and Precious Metals ($87.7M).

During 2018, India had a large net trade with Kazakhstan in the exports of Machines ($197M), Chemical Products ($164M), and Vegetable Products ($45.7M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kazakhstan India+$1.55BCrude Petroleum

Top Product Potential India Kazakhstan+$72.4MTelephones

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Kazakhstan () and India ()

Kazakhstan Exports

India Exports

Market Competitiveness

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

Comparative Advantage Kazakhstan - India

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Kazakhstan () and India () (2023)

Keep Exploring