Kazakhstan and India
are strengthening economic cooperation. In the first six months of 2025 alone,
trade between the two countries amounted to $505 million, with Kazakhstan’s
exports accounting for almost half - $250 million. A surge in shipments to the
Indian market was recorded in June, when goods worth $180 million were
exported. Kazakhstan mainly supplies
oil, phosphorus, and metals to India,
while India exports
medicines, tea, and industrial equipment to Kazakhstan. By the end of last
year, the total trade volume between the two countries reached $900 million,
and both sides expect further growth. Diplomats identify pharmaceuticals,
healthcare, IT, energy, and metals as promising areas of cooperation.
«As
I said Kazakhstan
is richly blessed with natural resources like gold, for example. India is known as the largest consumer of gold; Kazakhstan is
one major gold producing country. Kazakhstan is one of big producers of
petroleum, I mean crude oil. India
is a big importer of petroleum and petroleum products. So, there is a huge
potential for enhancing our trade and commerce relations,» noted Sailas Thangal, Ambassador of India to Kazakhstan.