2022
Flag  
GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
 GDP
$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP GROWTH
33.4%CURRENT US$
Rnk 92 / 186
2022
Flag
GDP PC 
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186
2022
Flag
GDP PC
$29,457CURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP PC GROWTH
30.1%CURRENT US$
Rnk 63 / 186

About

Kuwait-Slovenia Trade: In 2022, Kuwait exported $12.3M to Slovenia. The main products that Kuwait exported to Slovenia were Ethylene Polymers ($4.49M), Ferroalloys ($4.46M), and Broadcasting Equipment ($1.7M). Over the past 5 years the exports of Kuwait to Slovenia have increased at an annualized rate of 31.5%, from $3.14M in 2017 to $12.3M in 2022.

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

Slovenia-Kuwait Trade: In 2022, Slovenia exported $46.7M to Kuwait. The main products that Slovenia exported to Kuwait were Sawn Wood ($11.2M), Packaged Medicaments ($6.49M), and Industrial Fatty Acids, Oils and Alcohols ($2.19M). Over the past 5 years the exports of Slovenia to Kuwait have increased at an annualized rate of 8.74%,  from $28.2M in 2017 to $46.7M in 2022.

In 2022, Slovenia 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, Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $12.3M to Slovenia. The main products exported from Kuwait to Slovenia were Ethylene Polymers ($4.49M), Ferroalloys ($4.46M), and Broadcasting Equipment ($1.7M). During the last 5 years the exports of Kuwait to Slovenia have increased at an annualized rate of 31.5%, from $3.14M in 2017 to $12.3M in 2022.

In 2017, Slovenia exported $46.7M to Kuwait. The main products exported from Slovenia to Kuwait were Sawn Wood ($11.2M), Packaged Medicaments ($6.49M), and Industrial Fatty Acids, Oils and Alcohols ($2.19M). During the last 5 years the exports of Slovenia to Kuwait have increased at an annualized rate of 8.74%, from $28.2M in 2022 to $46.7M in 2017.

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

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

Latest Data

Trade between Kuwait (Flag) and Slovenia (Flag)

Kuwait Exports

Slovenia Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Slovenia
Top Destination
Switzerland$9.92B

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

In 2022, countries that imported more from Kuwait than Slovenia included China ($24.3B), India ($15B), and South Korea ($10.8B).

In 2022, countries that imported more from Slovenia than Kuwait included Switzerland ($9.92B), Germany ($7.92B), and Italy ($6.28B).

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

Comparative Advantage Kuwait - Slovenia

Flow
Scale

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

During 2022, Kuwait had a large net trade with Slovenia in the exports of Plastics and Rubbers ($4.49M), Metals ($4.46M), and Machines ($3.1M).

During 2017, Slovenia had a large net trade with Kuwait in the exports of Wood Products ($11.3M), Chemical Products ($10.8M), and Machines ($10.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kuwait Slovenia+$1.13MEthylene Polymers
Top Product Potential Slovenia Kuwait+$7.79MPackaged Medicaments

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 Kuwait and Slovenia. This means that a dot/product with the flag of Kuwait indicates it has a comparative advantage over Slovenia. Similarly, a dot/product with the flag of Slovenia indicates it has a comparative advantage over Kuwait.

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

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