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Pricing

2022
Flag → Flag
Exports $1.46BRnk 65 / 223
2022
Flag → Flag
Top Product $297MCars
2022
Flag → Flag
Exports $54.1MRnk 48 / 156
2022
Flag → Flag
Top Product $31.5MRefined Petroleum
2022
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Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
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Economic Complexity (ECI) ECI 0.44Rnk 46 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
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 GDP$185BCURRENT US$
Rnk 56 / 186
2012-2022
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GDP GROWTH6.04%CURRENT US$
Rnk 152 / 186
2022
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GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
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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

Germany-Kuwait Trade: In 2022, Germany exported $1.46B to Kuwait. The main products that Germany exported to Kuwait were Cars ($297M), Packaged Medicaments ($76M), and Medical Instruments ($57.8M). Over the past 5 years the exports of Germany to Kuwait have decreased at an annualized rate of 1.17%, from $1.55B in 2017 to $1.46B in 2022.

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

Kuwait-Germany Trade: In 2022, Kuwait exported $54.1M to Germany. The main products that Kuwait exported to Germany were Refined Petroleum ($31.5M), Ethylene Polymers ($5.39M), and Ferroalloys ($2.19M). Over the past 5 years the exports of Kuwait to Germany have decreased at an annualized rate of 0.57%,  from $55.7M in 2017 to $54.1M in 2022.

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

Comparison: In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Latest Trends

August, 2024

About

Overview In August 2024, Germany exported €88.7M and imported €56.8M from Kuwait, resulting in a positive trade balance of €31.9M. Between August 2023 and August 2024 the exports of Germany have increased by €565k (0.64%) from €88.1M to €88.7M, while imports decreased by €-16.6M (-22.7%) from €73.4M to €56.8M.

Trade In August 2024, the top exports of Germany to Kuwait were Motor cars and motor caravans (€23.6M), Pharmaceutical products (€7.93M), Lorries and special purpose motor vehicles (€6M), Other machinery (€5.34M), and Medical, surgical equipment, orthopaedic apparatus (€4.53M). In August 2024 the top imports of Germany from Kuwait were Mineral oil products (€37.2M), Engines (excl. for tractor,aircraft, road vehicle) (€383k), Returned goods (€309k), Plastics (€174k), and Other electric machinery, apparatus and appliances (€61k).

Origins In August 2024 the exports of Germany were mainly from Baden-Württemberg (€13.7M), Bavaria (€10.1M), North Rhine-Westphalia (€9.09M), Lower Saxony (€6.4M), and Bremen (€4.76M), while imports destinations were mainly Hamburg (€55.6M), Lower Saxony (€365k), Bavaria (€243k), North Rhine-Westphalia (€228k), and Saxony-Anhalt (€169k).

Growth In August 2024, the increase in Germany's year-by-year exports to Kuwait was explained primarily by an increase in product exports in Lorries and special purpose motor vehicles (€5.39M or 893%), Motor cars and motor caravans (€4.69M or 24.9%), and Other machinery (€2.67M or 100%). In August 2024, the decrease in Germany's year-by-year imports  from Kuwait was explained primarily by an decrease in product imports  in Ferro-alloys (€-847k or -95.7%), Other raw materials inclusive waste (€-331k or -98.5%), and Plastics (€-135k or -43.7%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€565k(0.64%)
IMPORT GROWTH (August 2023 - August 2024)€-16.6M(-22.7%)
MAIN EXPORTER (August 2024)Baden-Württemberg€13.7M

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

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

For full datasets download visit Bulk Download page.

Explore Kuwait and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $1.46B to Kuwait. The main products exported from Germany to Kuwait were Cars ($297M), Packaged Medicaments ($76M), and Medical Instruments ($57.8M). During the last 5 years the exports of Germany to Kuwait have decreased at an annualized rate of 1.17%, from $1.55B in 2017 to $1.46B in 2022.

In 2017, Kuwait exported $54.1M to Germany. The main products exported from Kuwait to Germany were Refined Petroleum ($31.5M), Ethylene Polymers ($5.39M), and Ferroalloys ($2.19M). During the last 5 years the exports of Kuwait to Germany have decreased at an annualized rate of 0.57%, from $55.7M in 2022 to $54.1M in 2017.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Kuwait
Top DestinationChina$24.3B

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

In 2022, countries that imported more from Germany than Kuwait included United States ($153B), France ($120B), and Netherlands ($109B).

In 2022, countries that imported more from Kuwait than Germany included Pakistan ($3.97B), Vietnam ($5.7B), and Ethiopia ($316M).

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

Comparative Advantage Germany - Kuwait

Flow
Scale

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

During 2022, Germany had a large net trade with Kuwait in the exports of Transportation ($414M), Machines ($298M), and Chemical Products ($231M).

During 2017, Kuwait had a large net trade with Germany in the exports of Mineral Products ($32.1M), Plastics and Rubbers ($6.32M), and Chemical Products ($3.84M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Kuwait+$146MCars
Top Product Potential Kuwait Germany+$72.6MRefined 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 Germany and Kuwait. This means that a dot/product with the flag of Germany indicates it has a comparative advantage over Kuwait. Similarly, a dot/product with the flag of Kuwait indicates it has a comparative advantage over Germany.

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

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