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2022
Flag → Flag
Exports $512MRnk 92 / 217
2022
Flag → Flag
Top Product $220MPackaged Medicaments
2022
Flag → Flag
Exports $88.2MRnk 22 / 139
2022
Flag → Flag
Top Product $55MSilver
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.28Rnk 79 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP$80.4BCURRENT US$
Rnk 72 / 186
2012-2022
Flag
GDP GROWTH19.1%CURRENT US$
Rnk 123 / 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$2,255CURRENT US$
Rnk 143 / 186
2012-2022
Flag
GDP PC GROWTH-0.55%CURRENT US$
Rnk 146 / 186

About

India-Uzbekistan Trade: In 2022, India exported $512M to Uzbekistan. The main products that India exported to Uzbekistan were Packaged Medicaments ($220M), Raw Sugar ($34.7M), and Vaccines, blood, antisera, toxins and cultures ($18.9M). Over the past 5 years the exports of India to Uzbekistan have increased at an annualized rate of 18.9%, from $215M in 2017 to $512M in 2022.

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

Uzbekistan-India Trade: 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). Over the past 5 years the exports of Uzbekistan to India have increased at an annualized rate of 0.17%,  from $87.4M in 2017 to $88.2M in 2022.

In 2022, Uzbekistan 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, Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B).

Latest Trends

June, 2024

About

Overview In June 2024, India exported $40.4M and imported $1.18M from Uzbekistan, resulting in a positive trade balance of $39.2M. Between June 2023 and June 2024 the exports of India have increased by $16.1M (66.5%) from $24.2M to $40.4M, while imports decreased by $-31.3k (-2.59%) from $1.21M to $1.18M.

Trade In June 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 June 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 June 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 ($571k or 6.88k%). In June 2024, the decrease in India's year-by-year imports  from Uzbekistan was explained primarily by an decrease in product imports  in Spices ($-475k or -37.2%), Silk,Raw ($-190k or -82.3%), and Other Commodities ($-7.75k or -100%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (June 2023 - June 2024)$16.1M(66.5%)
IMPORT GROWTH (June 2023 - June 2024)$-31.3k(-2.59%)

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 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 5 years the exports of India to Uzbekistan have increased at an annualized rate of 18.9%, from $215M in 2017 to $512M in 2022.

In 2017, 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 5 years the exports of Uzbekistan to India have increased at an annualized rate of 0.17%, from $87.4M in 2022 to $88.2M in 2017.

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

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

Market Competitiveness

Color
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 2022, countries that imported more from India than Uzbekistan included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, countries that imported more from Uzbekistan than India included Switzerland ($4.29B), Kyrgyzstan ($926M), and Kazakhstan ($1.25B).

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

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

During 2017, Uzbekistan had a large net trade with India in the exports of Precious Metals ($55M), Vegetable Products ($12.3M), and Metals ($5.09M).

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) (2022)

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