This article sets out the trade figures between India and the Kyrgyz Republic, the main goods traded, investment, and the agreements and mechanisms that support commercial ties. It is based on the Ministry of External Affairs (MEA) bilateral brief of June 2026, and all figures are given as they appear in that brief.
Bilateral trade
According to the MEA brief of June 2026, India-Kyrgyz Republic bilateral trade during the year 2025 was nearly US$ 86.33 million. India's exports to the Kyrgyz Republic were US$ 76.38 million, while India's imports were US$ 9.94 million.
The brief gives the following year-by-year figures for trade from India, in millions of US dollars:
- 2020: exports 41.72, imports 6.75, turnover 48.47
- 2021: exports 45.48, imports 5.17, turnover 50.65
- 2022: exports 107.39, imports 10.47, turnover 117.86
- 2023: exports 88.40, imports 7.50, turnover 95.90
- 2024: exports 89.48, imports 27.40, turnover 116.88
- 2025: exports 76.38, imports 9.94, turnover 86.33
Main items of trade
The brief states that India's exports to the Kyrgyz Republic comprise, among others, pharmaceuticals, electrical machines, nuclear reactors, apparel and clothing, and ceramic materials. The Kyrgyz Republic's exports to India include precious metals, vegetables and edible roots, and mineral fuel.
Investment
The Kyrgyz Republic has received a small investment from Indian businessmen in the mining and hospitality sectors, according to the brief. It names agro-processing, education, pharmaceuticals, IT and textiles as some other areas of opportunity. The brief gives no investment figures in either direction.
Investment and tax treaties
A Bilateral Investment Treaty and a Protocol amending the Agreement on Avoidance of Double Taxation and Fiscal Evasion were among the documents signed during Prime Minister Shri Narendra Modi's visit to the Kyrgyz Republic in June 2019. On the sidelines of the 4th Meeting of the India-Central Asia Dialogue in New Delhi on 5-6 June 2025, Kyrgyz Foreign Minister Mr. Zheenbek Kulubaev and Indian Minister of Finance Smt. Nirmala Sitharaman signed the Protocol and exchanged the Instrument of Ratification of the Bilateral Investment Treaty.
Roadmap for trade and economic cooperation
A five-year Road-map for Trade and Economic Cooperation was adopted during the Prime Minister's June 2019 visit. According to the brief, the Roadmap is aimed at the creation of favourable conditions for accelerated growth of bilateral trade, diversification of products and an increase in foreign investment.
Business forums and exhibitions
Then Kyrgyz President Mr. Sooronbay Jeenbekov and Prime Minister Modi jointly inaugurated the India-Kyrgyz Business Forum on 14 June 2019. During the Prime Minister's visit, an India-Kyrgyz Joint Textile Exhibition was held in Bishkek from 13 to 26 June 2019.
Implementing an announcement the Prime Minister made during that visit, an India-Kyrgyz Trade Expo titled 'Namaskar Eurasia' was organised in Bishkek from 9 to 11 October 2019. It was organised by FICCI in partnership with the Embassy of India, the Department of Commerce and the Kyrgyz Government. A Joint India-Kyrgyz Symposium on Defence Production was also organised during the Expo.
More recently, an India-Central Asia Business Forum was held in New Delhi on 5 June 2025, and the Kyrgyz side participated in it.
India-Kyrgyz Republic Inter-Governmental Commission
The India-Kyrgyz Republic Inter-Governmental Commission on Trade, Economic, Scientific and Technological Cooperation (IKIGC) was set up in 1992. Its 10th session was held in a virtual format on 3 November 2022, and a Protocol of the session was signed between the two countries.
The 10th session was co-chaired by Shri Piyush Goyal, Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Government of India, and Mr. Talantbek Oruskulovich Imanov, Minister of Digital Development of the Kyrgyz Republic.
Ministerial meetings on the economy
Several ministerial meetings recorded in the brief dealt with commerce and industry:
- A virtual meeting was held on 30 May 2023 between Commerce and Industry Minister Mr. Piyush Goyal and the Minister of Economy and Commerce of the Kyrgyz Republic, Daniyar Joldoshevich Amangeldiev. They discussed a wide range of issues related to bilateral trade, e-commerce, pharma, education and food processing.
- Mr. Edil Baisalov, Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic, visited India for the 9th edition of iPHEX-2023, held from 05 to 07 July 2023 at the HITEX Exhibition Center, Hyderabad. On 5 July 2023 he held a bilateral meeting on cooperation with Shri Piyush Goyal, Commerce and Industry Minister and co-Chairperson of the IKIGC, and he also met Minister of State for External Affairs and Culture Smt. Meenakashi Lekhi.
- Kyrgyz Transport and Communications Minister Mr. Tekebaev Tilek Kydyrmaevich, with three delegates, participated in the 10th Session of the Transport Ministers of the Member States of the Shanghai Cooperation Organization (SCO), held in New Delhi on 28 April 2023.
- Minister of Heavy Industries and Minister of Steel Shri H.D. Kumaraswamy visited the Kyrgyz Republic from 2 to 6 June 2026 for the Meeting of Ministers of Industry of the SCO Member States. He held a bilateral meeting with the Minister of Economy and Commerce of the Kyrgyz Republic, Mr. Bakyt Sydykov.
Energy
The Minister of Energy of the Kyrgyz Republic, Mr. Taalaibek Ibraev, participated in the 1st Edition of India's flagship energy event, "India Energy Week-2023". It was held under the patronage of the Ministry of Petroleum and Natural Gas at the Bangalore International Exhibition Center from 6 to 8 February 2023.
Mr. Ibraev also participated in the Bharat Electricity Summit 2026 in India from 19 to 21 March 2026, and met the Minister of Power, Shri Manohar Lal.