Kuwait (KWT) and Kazakhstan (KAZ) Trade | The Observatory of Economic Complexity

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Kuwait-Kazakhstan Trade: In 2022, Kuwait exported $3.37M to Kazakhstan. The main products that Kuwait exported to Kazakhstan were Iron Pipes ($1.11M), Liquid Pumps ($638k), and Iron Pipe Fittings ($541k). Over the past 5 years the exports of Kuwait to Kazakhstan have increased at an annualized rate of 141%, from $41.7k in 2017 to $3.37M in 2022.

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

Kazakhstan-Kuwait Trade: In 2022, Kazakhstan exported $2.71M to Kuwait. The main products that Kazakhstan exported to Kuwait were Sheep and Goat Meat ($1.97M), Linseed ($320k), and Perfumes ($119k). Over the past 5 years the exports of Kazakhstan to Kuwait have increased at an annualized rate of 12.5%, from $1.51M in 2017 to $2.71M in 2022.

In 2022, Kazakhstan 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, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Kuwait exported $3.37M to Kazakhstan. The main products exported from Kuwait to Kazakhstan were Iron Pipes ($1.11M), Liquid Pumps ($638k), and Iron Pipe Fittings ($541k). During the last 5 years the exports of Kuwait to Kazakhstan have increased at an annualized rate of 141%, from $41.7k in 2017 to $3.37M in 2022.

In 2017, Kazakhstan exported $2.71M to Kuwait. The main products exported from Kazakhstan to Kuwait were Sheep and Goat Meat ($1.97M), Linseed ($320k), and Perfumes ($119k). During the last 5 years the exports of Kazakhstan to Kuwait have increased at an annualized rate of 12.5%, from $1.51M in 2022 to $2.71M in 2017.

Exports from Kuwait () to Kazakhstan () (2022)

Exports from Kazakhstan () to Kuwait () (2022)

Latest Data

Trade between Kuwait () and Kazakhstan ()

Kuwait Exports

Date

Kazakhstan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$24.3B

Kazakhstan
Top DestinationChina$13.4B

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

In 2022, countries that imported more from Kuwait than Kazakhstan included India ($15B), China ($24.3B), and Japan ($8.64B).

In 2022, countries that imported more from Kazakhstan than Kuwait included Italy ($12.4B), Russia ($8.78B), and United Kingdom ($8.01B).

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

Comparative Advantage Kuwait - Kazakhstan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Kuwait had a large net trade with Kazakhstan in the exports of Metals ($2.04M), Machines ($834k), and Textiles ($227k).

During 2017, Kazakhstan had a large net trade with Kuwait in the exports of Animal Products ($2.02M), Vegetable Products ($422k), and Chemical Products ($135k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kuwait Kazakhstan+$497kIron Pipes

Top Product Potential Kazakhstan Kuwait+$151kDried Legumes

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Kuwait () to Kazakhstan () (2022)

Exports from Kazakhstan () to Kuwait () (2022)

Latest Data

Trade between Kuwait () and Kazakhstan ()

Kuwait Exports

Kazakhstan Exports

Market Competitiveness

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

Comparative Advantage Kuwait - Kazakhstan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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