Kuwait (KWT) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

About

Kuwait-New Zealand In 2022, Kuwait exported $14.8M to New Zealand. The main products that Kuwait exported to New Zealand are Petroleum Coke ($14.7M), Motor vehicles; parts and accessories (8701 to 8705) ($49.2k), and Engine Parts ($44.5k). During the last 26 years the exports of Kuwait to New Zealand have increased at an annualized rate of 30.6%, from $14.3k in 1996 to $14.8M in 2022.

In 2022, Kuwait did not export any services to New Zealand.

New Zealand-Kuwait In 2022, New Zealand exported $124M to Kuwait. The main products that New Zealand exported to Kuwait were Concentrated Milk ($53.3M), Butter ($28.6M), and Bovine Meat ($7.57M). During the last 26 years the exports of New Zealand to Kuwait have increased at an annualized rate of 10%, from $10.4M in 1996 to $124M in 2022.

In 2018, New Zealand exported services to Kuwait worth $16.6M, with Travel ($16.6M) being the largest in terms of value.

Comparison In 2022, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.16), and 42 in total exports ($101B). That same year, New Zealand ranked 44 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Kuwait exported $14.8M to New Zealand. The main products exported from Kuwait to New Zealand were Petroleum Coke ($14.7M), Motor vehicles; parts and accessories (8701 to 8705) ($49.2k), and Engine Parts ($44.5k). During the last 26 years the exports of Kuwait to New Zealand have increased at an annualized rate of 30.6%, from $14.3k in 1996 to $14.8M in 2022.

In 2022, New Zealand exported $124M to Kuwait. The main products exported from New Zealand to Kuwait were Concentrated Milk ($53.3M), Butter ($28.6M), and Bovine Meat ($7.57M). During the last 27 years the exports of New Zealand to Kuwait have increased at an annualized rate of 10%, from $10.4M in 1995 to $124M in 2022.

Exports from Kuwait () to New Zealand () (2022)

Exports from New Zealand () to Kuwait () (2022)

Latest Data

Trade between Kuwait () and New Zealand ()

Kuwait Exports

Date

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$24.3B

New Zealand
Top DestinationChina$13.1B

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

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

In 2021, countries that imported more from New Zealand than Kuwait were Australia ($5.35B), United States ($5.07B), and Indonesia ($1.33B).

Difference in imports from New Zealand () and Kuwait () (2022)

Comparative Advantage Kuwait - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Kuwait had a large net trade with New Zealand in the exports of Mineral Products ($14.7M), Transportation ($49.2k), and Machines ($46.7k).

During 2022, New Zealand had a large net trade with Kuwait in the exports of Animal Products ($105M), Vegetable Products ($7.85M), and Foodstuffs ($5.52M).

Service Trade

Bilateral Service Trade

Nzl Year

In 2018, New Zealand exported services to Kuwait worth $16.6M, with Travel ($16.6M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from New Zealand () to Kuwait () (2018)

Economic Complexity

Competitive Landscape

Year

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 New Zealand. Similarly, the more yellow a dot/product is, the more New Zealand has comparative advantage over Kuwait.

About

Historical Data

Bilateral Trade by Products

Exports from Kuwait () to New Zealand () (2022)

Exports from New Zealand () to Kuwait () (2022)

Latest Data

Trade between Kuwait () and New Zealand ()

Kuwait Exports

New Zealand Exports

Market Competitiveness

Difference in imports from New Zealand () and Kuwait () (2022)

Comparative Advantage Kuwait - New Zealand

Service Trade

Bilateral Service Trade

Services Exports from New Zealand () to Kuwait () (2018)

Economic Complexity

Competitive Landscape

Product Space of Kuwait () and New Zealand () (2022)

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