North Macedonia (MKD) and Kuwait (KWT) Trade | The Observatory of Economic Complexity

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North Macedonia-Kuwait Trade: In 2022, North Macedonia exported $2.11M to Kuwait. The main products that North Macedonia exported to Kuwait were Knit T-shirts ($613k), Knit Sweaters ($490k), and Non-Knit Women's Suits ($288k). Over the past 5 years the exports of North Macedonia to Kuwait have increased at an annualized rate of 9.91%, from $1.32M in 2017 to $2.11M in 2022.

In 2022, North Macedonia did not export any services to Kuwait.

Kuwait-North Macedonia Trade: In 2022, Kuwait exported $338k to North Macedonia. The main products that Kuwait exported to North Macedonia were Ethylene Polymers ($221k), Propylene Polymers ($114k), and Non-Knit Men's Coats ($1.71k). Over the past 5 years the exports of Kuwait to North Macedonia have increased at an annualized rate of 32.7%, from $6.43k in 2017 to $338k in 2022.

In 2022, Kuwait did not export any services to North Macedonia.

Comparison: In 2022, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B). That same year, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, North Macedonia exported $2.11M to Kuwait. The main products exported from North Macedonia to Kuwait were Knit T-shirts ($613k), Knit Sweaters ($490k), and Non-Knit Women's Suits ($288k). During the last 5 years the exports of North Macedonia to Kuwait have increased at an annualized rate of 9.91%, from $1.32M in 2017 to $2.11M in 2022.

In 2017, Kuwait exported $338k to North Macedonia. The main products exported from Kuwait to North Macedonia were Ethylene Polymers ($221k), Propylene Polymers ($114k), and Non-Knit Men's Coats ($1.71k). During the last 5 years the exports of Kuwait to North Macedonia have increased at an annualized rate of 32.7%, from $6.43k in 2022 to $338k in 2017.

Exports from North Macedonia () to Kuwait () (2022)

Exports from Kuwait () to North Macedonia () (2022)

Latest Data

Trade between North Macedonia () and Kuwait ()

North Macedonia Exports

Date

Kuwait Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Macedonia
Top DestinationGermany$3.96B

Kuwait
Top DestinationChina$24.3B

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

In 2022, countries that imported more from North Macedonia than Kuwait included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

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

Difference in imports from Kuwait () and North Macedonia () (2022)

Comparative Advantage North Macedonia - Kuwait

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, North Macedonia had a large net trade with Kuwait in the exports of Textiles ($1.78M), Machines ($99.4k), and Transportation ($92.8k).

During 2017, Kuwait had a large net trade with North Macedonia in the exports of Plastics and Rubbers ($335k), Textiles ($3.29k), and Instruments ($118).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential North Macedonia Kuwait+$452kNon-Knit Women's Suits

Top Product Potential Kuwait North Macedonia+$337kEthylene Polymers

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

About

Historical Data

Bilateral Trade by Products

Exports from North Macedonia () to Kuwait () (2022)

Exports from Kuwait () to North Macedonia () (2022)

Latest Data

Trade between North Macedonia () and Kuwait ()

North Macedonia Exports

Kuwait Exports

Market Competitiveness

Difference in imports from Kuwait () and North Macedonia () (2022)

Comparative Advantage North Macedonia - Kuwait

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of North Macedonia () and Kuwait () (2022)

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