Cyprus (CYP) and Kuwait (KWT) Trade | The Observatory of Economic Complexity

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Cyprus-Kuwait Trade: In 2022, Cyprus exported $36.3M to Kuwait. The main products that Cyprus exported to Kuwait were Cheese ($16.9M), Soap ($6.73M), and Cleaning Products ($3.12M). Over the past 5 years the exports of Cyprus to Kuwait have increased at an annualized rate of 15.8%, from $17.5M in 2017 to $36.3M in 2022.

In 2022, Cyprus did not export any services to Kuwait.

Kuwait-Cyprus Trade: In 2022, Kuwait exported $3.02M to Cyprus. The main products that Kuwait exported to Cyprus were Ethylene Polymers ($1.86M), Sodium or Potassium Peroxides ($650k), and Glass Fibers ($382k). Over the past 5 years the exports of Kuwait to Cyprus have increased at an annualized rate of 5.75%, from $2.28M in 2017 to $3.02M in 2022.

In 2022, Kuwait did not export any services to Cyprus.

Comparison In 2022, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index. That same year, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cyprus exported $36.3M to Kuwait. The main products exported from Cyprus to Kuwait were Cheese ($16.9M), Soap ($6.73M), and Cleaning Products ($3.12M). During the last 5 years the exports of Cyprus to Kuwait have increased at an annualized rate of 15.8%, from $17.5M in 2017 to $36.3M in 2022.

In 2017, Kuwait exported $3.02M to Cyprus. The main products exported from Kuwait to Cyprus were Ethylene Polymers ($1.86M), Sodium or Potassium Peroxides ($650k), and Glass Fibers ($382k). During the last 5 years the exports of Kuwait to Cyprus have increased at an annualized rate of 5.75%, from $2.28M in 2022 to $3.02M in 2017.

Exports from Cyprus () to Kuwait () (2022)

Exports from Kuwait () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Kuwait ()

Cyprus Exports

Date

Kuwait Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cyprus
Top DestinationHong Kong$482M

Kuwait
Top DestinationChina$24.3B

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

In 2022, countries that imported more from Cyprus than Kuwait included Greece ($471M), Hong Kong ($482M), and Liberia ($255M).

In 2022, countries that imported more from Kuwait than Cyprus included China ($24.3B), India ($15B), and South Korea ($10.8B).

Difference in imports from Kuwait () and Cyprus () (2022)

Comparative Advantage Cyprus - Kuwait

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Cyprus and Kuwait by product, considering products traded by both, Cyprus and Kuwait.

During 2022, Cyprus had a large net trade with Kuwait in the exports of Animal Products ($16.9M), Chemical Products ($13.8M), and Foodstuffs ($1.93M).

During 2017, Kuwait had a large net trade with Cyprus in the exports of Plastics and Rubbers ($1.86M), Chemical Products ($651k), and Stone And Glass ($386k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Cyprus () to Kuwait () (2022)

Exports from Kuwait () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Kuwait ()

Cyprus Exports

Kuwait Exports

Market Competitiveness

Difference in imports from Kuwait () and Cyprus () (2022)

Comparative Advantage Cyprus - Kuwait

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cyprus () and Kuwait () (2022)

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