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2022
Flag → Flag
Exports $356MRnk 69 / 138
2022
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Top Product $124MIron Pipes
2022
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Exports $2.63MRnk 91 / 156
2022
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Top Product $1.1MSurveying Equipment
2022
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Economic Complexity (ECI) ECI 0.42Rnk 45 / 124
2022
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Economic Complexity (ECI) ECI 0.16Rnk 53 / 124
2022
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GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
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 GDP$185BCURRENT US$
Rnk 56 / 186
2012-2022
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GDP GROWTH6.04%CURRENT US$
Rnk 152 / 186
2022
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GDP PC $15,345CURRENT US$
Rnk 63 / 186
2012-2022
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GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186
2022
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GDP PC$43,233CURRENT US$
Rnk 24 / 186
2012-2022
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GDP PC GROWTH-15.7%CURRENT US$
Rnk 166 / 186

About

Russia-Kuwait In 2022, Russia exported $356M to Kuwait. The main products that Russia exported to Kuwait are Iron Pipes ($124M), Copper Wire ($97.9M), and Chocolate ($26.7M). During the last 26 years the exports of Russia to Kuwait have increased at an annualized rate of 10.2%, from $28.2M in 1996 to $356M in 2022.

In 2020, Russia exported services to Kuwait worth $19.7M, with Other business services ($16.4M), Computer and information services ($1.67M), and Communications services ($1.03M) being the largest in terms of value.

Kuwait-Russia In 2022, Kuwait exported $2.63M to Russia. The main products that Kuwait exported to Russia were Surveying Equipment ($1.1M), Video Displays ($475k), and Motor vehicles; parts and accessories (8701 to 8705) ($235k). During the last 26 years the exports of Kuwait to Russia have increased at an annualized rate of 6.92%, from $463k in 1996 to $2.63M in 2022.

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

Comparison In 2022,  Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B). That same year, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.16), and 42 in total exports ($101B).

Latest Trends

N/A

About

Overview In N/A, Russia exported $N/A and imported $N/A from Kuwait, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of Russia have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of Russia to Kuwait were Copper Wire ($44.1M), Refined Copper ($9.86M), Prepr binder for foundry ($117k), Uncoated Paper ($97.1k), and Chocolate ($65.3k). In N/A the top imports of Russia from Kuwait were .

Origins In N/A the exports of Russia were mainly from CHELYABINSK REGION ($50.6M), MOSCOW REGION ($777k), LENINGRAD REGION ($348k), TYUMEN REGION ($281k), and NOVGOROD REGION ($158k), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($515k).

Growth In N/A, the N/A in Russia's year-by-year exports to Kuwait was explained primarily by an decrease in product exports in Refined Copper ($-17.3M or -63.7%), Copper Wire ($-2.21M or -4.77%), and Kraft Paper ($-594k or -93.8%). In N/A, the N/A in Russia's year-by-year imports  from Kuwait was explained primarily by an decrease in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value
MAIN EXPORTER (N/A)CHELYABINSK REGION$50.6M

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check Kuwait and Russia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $356M to Kuwait. The main products exported from Russia to Kuwait were Iron Pipes ($124M), Copper Wire ($97.9M), and Chocolate ($26.7M). During the last 26 years the exports of Russia to Kuwait have increased at an annualized rate of 10.2%, from $28.2M in 1996 to $356M in 2022.

In 2022, Kuwait exported $2.63M to Russia. The main products exported from Kuwait to Russia were Surveying Equipment ($1.1M), Video Displays ($475k), and Motor vehicles; parts and accessories (8701 to 8705) ($235k). During the last 26 years the exports of Kuwait to Russia have increased at an annualized rate of 6.92%, from $463k in 1996 to $2.63M in 2022.

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

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

Market Competitiveness

Color
Russia
Top DestinationChina$101B
Kuwait
Top DestinationChina$24.3B

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

In 2021, countries that imported more from Russia than Kuwait were China ($101B), Germany ($27.7B), and India ($40.4B).

In 2021, countries that imported more from Kuwait than Russia were Vietnam ($5.7B), Pakistan ($3.97B), and Saudi Arabia ($2.75B).

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

Comparative Advantage Russia - Kuwait

Flow
Scale

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

During 2022, Russia had a large net trade with Kuwait in the exports of Metals ($235M), Foodstuffs ($40.7M), and Machines ($24.8M).

During 2022, Kuwait had a large net trade with Russia in the exports of Instruments ($1.1M), Machines ($980k), and Transportation ($391k).

Service Trade

Bilateral Service Trade

In 2020, Russia exported services to Kuwait worth $19.7M, with Other business services ($16.4M), Computer and information services ($1.67M), and Communications services ($1.03M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Kuwait (Flag) (2020)

Economic Complexity

Competitive Landscape

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

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

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