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

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 2017 to $3.02M in 2022.

In 2017, 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 2022 to $36.3M in 2017.

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

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

Latest Data

Trade between Kuwait () and Cyprus ()

Kuwait Exports

Date

Cyprus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$24.3B

Cyprus
Top DestinationHong Kong$482M

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

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

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

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

Comparative Advantage Kuwait - Cyprus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, 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).

During 2017, Cyprus had a large net trade with Kuwait in the exports of Animal Products ($16.9M), Chemical Products ($13.8M), and Foodstuffs ($1.93M).

Potential Exports

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 Kuwait and Cyprus. This means that a dot/product with the flag of Kuwait indicates it has a comparative advantage over Cyprus. Similarly, a dot/product with the flag of Cyprus indicates it has a comparative advantage over Kuwait.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Kuwait () and Cyprus ()

Kuwait Exports

Cyprus Exports

Market Competitiveness

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

Comparative Advantage Kuwait - Cyprus

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 Kuwait () and Cyprus () (2022)

Keep Exploring