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2023
Flag → Flag
Exports $2.37MRnk 82 / 159
2023
Flag → Flag
Top Product $2.05MEthylene Polymers
2023
Flag → Flag
Exports $27MRnk 35 / 196
2023
Flag → Flag
Top Product $15MCheese
2023
Flag
Economic Complexity (ECI) ECI 0.21Rnk 53 / 132
2023
Flag  
GDP$164BCURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP GROWTH-6.01%CURRENT US$
Rnk 178 / 195
2023
Flag
 GDP$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
GDP PC $33,730CURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP PC GROWTH-32.1%CURRENT US$
Rnk 187 / 195
2023
Flag
GDP PC$36,551CURRENT US$
Rnk 35 / 196
2013-2023
Flag
GDP PC GROWTH31.5%CURRENT US$
Rnk 76 / 195

About

Kuwait-Cyprus Trade: In 2023, Kuwait exported $2.37M to Cyprus. The main products that Kuwait exported to Cyprus were Ethylene Polymers ($2.05M), Glass Fibers ($91.1k), and Packaged Medicaments ($37.6k). Over the past 5 years the exports of Kuwait to Cyprus have decreased at an annualized rate of 6.2%, from $3.26M in 2018 to $2.37M in 2023.

In 2023, Kuwait did not export any services to Cyprus.

Cyprus-Kuwait Trade: In 2023, Cyprus exported $27M to Kuwait. The main products that Cyprus exported to Kuwait were Cheese ($15M), Packaged Medicaments ($2.64M), and Soap ($2.41M). Over the past 5 years the exports of Cyprus to Kuwait have increased at an annualized rate of 2.86%,  from $23.4M in 2018 to $27M in 2023.

In 2023, Cyprus did not export any services to Kuwait.

Comparison In 2023,  Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21),  and 47 in total exports ($71B). That same year, Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Kuwait exported $2.37M to Cyprus. The main products exported from Kuwait to Cyprus were Ethylene Polymers ($2.05M), Glass Fibers ($91.1k), and Packaged Medicaments ($37.6k). During the last 5 years the exports of Kuwait to Cyprus have decreased at an annualized rate of 6.2%, from $3.26M in 2018 to $2.37M in 2023.

In 2018, Cyprus exported $27M to Kuwait. The main products exported from Cyprus to Kuwait were Cheese ($15M), Packaged Medicaments ($2.64M), and Soap ($2.41M). During the last 5 years the exports of Cyprus to Kuwait have increased at an annualized rate of 2.86%, from $23.4M in 2023 to $27M in 2018.

Exports from Kuwait (Flag) to Cyprus (Flag) (2023)

Exports from Cyprus (Flag) to Kuwait (Flag) (2023)

Latest Data

Trade between Kuwait (Flag) and Cyprus (Flag)

Kuwait Exports

Cyprus Exports

Market Competitiveness

Color
Kuwait
Top DestinationChina$17.4B
Cyprus
Top DestinationLibya$775M

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 2023, countries that imported more from Kuwait than Cyprus included China ($17.4B), India ($9.51B), and Japan ($9.13B).

In 2023, countries that imported more from Cyprus than Kuwait included Libya ($775M), Greece ($626M), and Lebanon ($438M).

Difference in imports from Cyprus (Flag) and Kuwait (Flag) (2023)

Comparative Advantage Kuwait - Cyprus

Flow
Scale

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

During 2023, Kuwait had a large net trade with Cyprus in the exports of Plastics and Rubbers ($2.07M), Stone And Glass ($98.3k), and Machines ($70.3k).

During 2018, Cyprus had a large net trade with Kuwait in the exports of Animal Products ($15.2M), Chemical Products ($5.47M), and Foodstuffs ($2.88M).

Economic Complexity

Competitive Landscape

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.

Product Space of Kuwait (Flag) and Cyprus (Flag) (2023)

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