Kuwait (KWT) and Slovenia (SVN) Trade | The Observatory of Economic Complexity

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Kuwait-Slovenia Trade: In 2023, Kuwait exported $8.04M to Slovenia. The main products that Kuwait exported to Slovenia were Ethylene Polymers ($2.98M), Ferroalloys ($2.81M), and Refined Petroleum ($1.78M). Over the past 5 years the exports of Kuwait to Slovenia have increased at an annualized rate of 24.5%, from $2.69M in 2018 to $8.04M in 2023.

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

Slovenia-Kuwait Trade: In 2023, Slovenia exported $31.7M to Kuwait. The main products that Slovenia exported to Kuwait were Packaged Medicaments ($8.45M), Sawn Wood ($6.08M), and Soil Preparation Machinery ($2.04M). Over the past 5 years the exports of Slovenia to Kuwait have increased at an annualized rate of 10%, from $19.7M in 2018 to $31.7M in 2023.

In 2023, Slovenia 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, Slovenia ranked 12 in the Economic Complexity Index (ECI 1.48), and 53 in total exports ($60.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Kuwait exported $8.04M to Slovenia. The main products exported from Kuwait to Slovenia were Ethylene Polymers ($2.98M), Ferroalloys ($2.81M), and Refined Petroleum ($1.78M). During the last 5 years the exports of Kuwait to Slovenia have increased at an annualized rate of 24.5%, from $2.69M in 2018 to $8.04M in 2023.

In 2018, Slovenia exported $31.7M to Kuwait. The main products exported from Slovenia to Kuwait were Packaged Medicaments ($8.45M), Sawn Wood ($6.08M), and Soil Preparation Machinery ($2.04M). During the last 5 years the exports of Slovenia to Kuwait have increased at an annualized rate of 10%, from $19.7M in 2023 to $31.7M in 2018.

Exports from Kuwait () to Slovenia () (2023)

Exports from Slovenia () to Kuwait () (2023)

Latest Data

Trade between Kuwait () and Slovenia ()

Kuwait Exports

Date

Slovenia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$17.4B

Slovenia
Top DestinationSwitzerland$13.5B

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

In 2023, countries that imported more from Slovenia than Kuwait included Switzerland ($13.5B), Germany ($7.21B), and Italy ($6.23B).

Difference in imports from Slovenia () and Kuwait () (2023)

Comparative Advantage Kuwait - Slovenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Kuwait had a large net trade with Slovenia in the exports of Plastics and Rubbers ($2.99M), Metals ($2.81M), and Mineral Products ($1.78M).

During 2018, Slovenia had a large net trade with Kuwait in the exports of Chemical Products ($11.6M), Wood Products ($6.12M), and Machines ($5.73M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Kuwait () to Slovenia () (2023)

Exports from Slovenia () to Kuwait () (2023)

Latest Data

Trade between Kuwait () and Slovenia ()

Kuwait Exports

Slovenia Exports

Market Competitiveness

Difference in imports from Slovenia () and Kuwait () (2023)

Comparative Advantage Kuwait - Slovenia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kuwait () and Slovenia () (2023)

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