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2022
Flag → Flag
Exports $828MRnk 60 / 224
2022
Flag → Flag
Top Product $157MConcentrated Milk
2022
Flag → Flag
Exports $243MRnk 27 / 156
2022
Flag → Flag
Top Product $175MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
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Economic Complexity (ECI) ECI 0.44Rnk 46 / 133
2022
Flag  
GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
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GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH6.04%CURRENT US$
Rnk 152 / 186
2022
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GDP PC $55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC$43,233CURRENT US$
Rnk 24 / 186
2012-2022
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GDP PC GROWTH-15.7%CURRENT US$
Rnk 166 / 186

About

Netherlands-Kuwait Trade: In 2022, Netherlands exported $828M to Kuwait. The main products that Netherlands exported to Kuwait were Concentrated Milk ($157M), Packaged Medicaments ($44.2M), and Medical Instruments ($39.7M). Over the past 5 years the exports of Netherlands to Kuwait have increased at an annualized rate of 5.36%, from $638M in 2017 to $828M in 2022.

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

Kuwait-Netherlands Trade: In 2022, Kuwait exported $243M to Netherlands. The main products that Kuwait exported to Netherlands were Refined Petroleum ($175M), Cyclic Hydrocarbons ($18.5M), and Cars ($13.9M). Over the past 5 years the exports of Kuwait to Netherlands have decreased at an annualized rate of 28.1%,  from $1.26B in 2017 to $243M in 2022.

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

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Latest Trends

October, 2022

About

Overview In October 2022, Netherlands exported €52M and imported €28M from Kuwait, resulting in a positive trade balance of €24M. Between October 2021 and October 2022 the exports of Netherlands have increased by €19M (57.6%) from €33M to €52M, while imports decreased by €-177M (-86.3%) from €205M to €28M.

Trade In October 2022, the top exports of Netherlands to Kuwait were Medicinal and pharmaceutical products, other than... (€18M), Milk and cream and milk products... (€5M), Instruments and appliances, n.e.s., for medical,... (€4M), Medicaments (including veterinary medicaments) (€3M), and Vegetables, fresh, chilled, frozen or simply... (€2M). In October 2022 the top imports of Netherlands from Kuwait were .

Growth In October 2022, the increase in Netherlands's year-by-year exports to Kuwait was explained primarily by an increase in product exports in Medicinal and pharmaceutical products, other than... (€4M or 28.6%) and Medicaments (including veterinary medicaments) (€1M or 50%). In October 2022, the decrease in Netherlands's year-by-year imports  from Kuwait was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2021 - October 2022)€19M(57.6%)
IMPORT GROWTH (October 2021 - October 2022)€-177M(-86.3%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Kuwait and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Kuwait and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $828M to Kuwait. The main products exported from Netherlands to Kuwait were Concentrated Milk ($157M), Packaged Medicaments ($44.2M), and Medical Instruments ($39.7M). During the last 5 years the exports of Netherlands to Kuwait have increased at an annualized rate of 5.36%, from $638M in 2017 to $828M in 2022.

In 2017, Kuwait exported $243M to Netherlands. The main products exported from Kuwait to Netherlands were Refined Petroleum ($175M), Cyclic Hydrocarbons ($18.5M), and Cars ($13.9M). During the last 5 years the exports of Kuwait to Netherlands have decreased at an annualized rate of 28.1%, from $1.26B in 2022 to $243M in 2017.

Exports from Netherlands (Flag) to Kuwait (Flag) (2022)

Exports from Kuwait (Flag) to Netherlands (Flag) (2022)

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
Kuwait
Top DestinationChina$24.3B

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

In 2022, countries that imported more from Netherlands than Kuwait included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from Kuwait than Netherlands included India ($15B), China ($24.3B), and Vietnam ($5.7B).

Difference in imports from Kuwait (Flag) and Netherlands (Flag) (2022)

Comparative Advantage Netherlands - Kuwait

Flow
Scale

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

During 2022, Netherlands had a large net trade with Kuwait in the exports of Animal Products ($178M), Foodstuffs ($133M), and Chemical Products ($125M).

During 2017, Kuwait had a large net trade with Netherlands in the exports of Mineral Products ($175M), Chemical Products ($20.6M), and Transportation ($16.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Kuwait+$20.3MPackaged Medicaments
Top Product Potential Kuwait Netherlands+$164MRefined Petroleum

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

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

Product Space of Netherlands (Flag) and Kuwait (Flag) (2022)

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