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

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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 10.6%, from $28.2M in 2017 to $46.7M in 2022.

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

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.

Comparison: In 2022, Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B). 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, 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 10.6%, from $28.2M in 2017 to $46.7M in 2022.

In 2017, 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 2022 to $12.3M in 2017.

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

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

Latest Data

Trade between Slovenia () and Kuwait ()

Slovenia Exports

Date

Kuwait Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Slovenia
Top DestinationSwitzerland$9.92B

Kuwait
Top DestinationChina$24.3B

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

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

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

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

Comparative Advantage Slovenia - Kuwait

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Slovenia had a large net trade with Kuwait in the exports of Wood Products ($11.3M), Chemical Products ($10.8M), and Machines ($10.7M).

During 2017, Kuwait had a large net trade with Slovenia in the exports of Plastics and Rubbers ($4.49M), Metals ($4.46M), and Machines ($3.1M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Slovenia Kuwait+$7.79MPackaged Medicaments

Top Product Potential Kuwait Slovenia+$1.13MEthylene 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 Slovenia and Kuwait. This means that a dot/product with the flag of Slovenia indicates it has a comparative advantage over Kuwait. Similarly, a dot/product with the flag of Kuwait indicates it has a comparative advantage over Slovenia.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Slovenia () and Kuwait ()

Slovenia Exports

Kuwait Exports

Market Competitiveness

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

Comparative Advantage Slovenia - Kuwait

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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