2022
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GDP
$185BCURRENT US$
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2012-2022
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GDP GROWTH
6.04%CURRENT US$
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2022
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 GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
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GDP PC 
$43,233CURRENT US$
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2012-2022
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GDP PC GROWTH
-15.7%CURRENT US$
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2022
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GDP PC
$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH
77.9%CURRENT US$
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About

Kuwait-Romania In 2022, Kuwait exported $738k to Romania. The main products that Kuwait exported to Romania are Ethylene Polymers ($156k), Large Construction Vehicles ($97.3k), and Cars ($96.3k). During the last 27 years the exports of Kuwait to Romania have increased at an annualized rate of 10.7%, from $46.9k in 1995 to $738k in 2022.

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

Romania-Kuwait In 2022, Romania exported $127M to Kuwait. The main products that Romania exported to Kuwait were Sawn Wood ($17.2M), Low-voltage Protection Equipment ($11.1M), and Air Pumps ($9.11M). During the last 27 years the exports of Romania to Kuwait have increased at an annualized rate of 10.2%, from $9.31M in 1995 to $127M in 2022.

In 2022, Romania 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, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $738k to Romania. The main products exported from Kuwait to Romania were Ethylene Polymers ($156k), Large Construction Vehicles ($97.3k), and Cars ($96.3k). During the last 27 years the exports of Kuwait to Romania have increased at an annualized rate of 10.7%, from $46.9k in 1995 to $738k in 2022.

In 2022, Romania exported $127M to Kuwait. The main products exported from Romania to Kuwait were Sawn Wood ($17.2M), Low-voltage Protection Equipment ($11.1M), and Air Pumps ($9.11M). During the last 27 years the exports of Romania to Kuwait have increased at an annualized rate of 10.2%, from $9.31M in 1995 to $127M in 2022.

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

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

Latest Data

Trade between Kuwait (Flag) and Romania (Flag)

Kuwait Exports

Romania Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Romania
Top Destination
Germany$18.8B

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

In 2021, countries that imported more from Kuwait than Romania were China ($24.3B), India ($15B), and South Korea ($10.8B).

In 2021, countries that imported more from Romania than Kuwait were Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

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

Comparative Advantage Kuwait - Romania

Flow
Scale

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

During 2022, Kuwait had a large net trade with Romania in the exports of Plastics and Rubbers ($156k), Transportation ($148k), and Machines ($145k).

During 2022, Romania had a large net trade with Kuwait in the exports of Machines ($46.2M), Wood Products ($21.7M), and Textiles ($15M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Kuwait has comparative advantage over Romania. Similarly, the more yellow a dot/product is, the more Romania has comparative advantage over Kuwait.

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

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