Ukraine (UKR) and Kuwait (KWT) Trade | The Observatory of Economic Complexity

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Ukraine-Kuwait Trade: In 2022, Ukraine exported $47.4M to Kuwait. The main products that Ukraine exported to Kuwait were Poultry Meat ($16.8M), Electric Heaters ($3.82M), and Hot-Rolled Iron ($2.89M). Over the past 5 years the exports of Ukraine to Kuwait have increased at an annualized rate of 11.1%, from $28M in 2017 to $47.4M in 2022.

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

Kuwait-Ukraine Trade: In 2022, Kuwait exported $1.33M to Ukraine. The main products that Kuwait exported to Ukraine were Ethylene Polymers ($1.18M), Poultry Meat ($59k), and Ethers ($32.5k). Over the past 5 years the exports of Kuwait to Ukraine have decreased at an annualized rate of 36.9%, from $13.3M in 2017 to $1.33M in 2022.

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

Comparison: In 2022, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). 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, Ukraine exported $47.4M to Kuwait. The main products exported from Ukraine to Kuwait were Poultry Meat ($16.8M), Electric Heaters ($3.82M), and Hot-Rolled Iron ($2.89M). During the last 5 years the exports of Ukraine to Kuwait have increased at an annualized rate of 11.1%, from $28M in 2017 to $47.4M in 2022.

In 2017, Kuwait exported $1.33M to Ukraine. The main products exported from Kuwait to Ukraine were Ethylene Polymers ($1.18M), Poultry Meat ($59k), and Ethers ($32.5k). During the last 5 years the exports of Kuwait to Ukraine have decreased at an annualized rate of 36.9%, from $13.3M in 2022 to $1.33M in 2017.

Exports from Ukraine () to Kuwait () (2022)

Exports from Kuwait () to Ukraine () (2022)

Latest Data

Trade between Ukraine () and Kuwait ()

Ukraine Exports

Date

Kuwait Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ukraine
Top DestinationPoland$6.7B

Kuwait
Top DestinationChina$24.3B

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

In 2022, countries that imported more from Ukraine than Kuwait included Poland ($6.7B), Romania ($3.94B), and Germany ($2.43B).

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

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

Comparative Advantage Ukraine - Kuwait

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ukraine had a large net trade with Kuwait in the exports of Animal Products ($17.8M), Machines ($7.64M), and Metals ($6.14M).

During 2017, Kuwait had a large net trade with Ukraine in the exports of Plastics and Rubbers ($1.18M), Chemical Products ($99.7k), and Animal Products ($59k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ukraine Kuwait+$4.12MIron Pipes

Top Product Potential Kuwait Ukraine+$101kSodium or Potassium Peroxides

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

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Historical Data

Bilateral Trade by Products

Exports from Ukraine () to Kuwait () (2022)

Exports from Kuwait () to Ukraine () (2022)

Latest Data

Trade between Ukraine () and Kuwait ()

Ukraine Exports

Kuwait Exports

Market Competitiveness

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

Comparative Advantage Ukraine - Kuwait

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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