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2023
Flag → Flag
Exports $5.53MRnk 83 / 192
2023
Flag → Flag
Top Product $1.52MPeat
2023
Flag → Flag
Exports $18.7kRnk 138 / 159
2023
Flag → Flag
Top Product $13.6kBroadcasting Equipment
2023
Flag
Economic Complexity (ECI) ECI 0.21Rnk 53 / 132
2023
Flag  
GDP$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH62.2%CURRENT US$
Rnk 49 / 195
2023
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 GDP$164BCURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP GROWTH-6.01%CURRENT US$
Rnk 178 / 195
2023
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GDP PC $30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH56%CURRENT US$
Rnk 35 / 195
2023
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GDP PC$33,730CURRENT US$
Rnk 39 / 196
2013-2023
Flag
GDP PC GROWTH-32.1%CURRENT US$
Rnk 187 / 195

About

Estonia-Kuwait Trade: In 2023, Estonia exported $5.53M to Kuwait. The main products that Estonia exported to Kuwait were Peat ($1.52M), Electrical Transformers ($892k), and Broadcasting Equipment ($511k). Over the past 5 years the exports of Estonia to Kuwait have increased at an annualized rate of 7.93%, from $3.77M in 2018 to $5.53M in 2023.

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

Kuwait-Estonia Trade: In 2023, Kuwait exported $18.7k to Estonia. The main products that Kuwait exported to Estonia were Broadcasting Equipment ($13.6k), Computers ($1.97k), and Trunks and Cases ($1.08k). Over the past 5 years the exports of Kuwait to Estonia have decreased at an annualized rate of 19.7%,  from $56k in 2018 to $18.7k in 2023.

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

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index. That same year, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21), and 47 in total exports ($71B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Estonia exported $5.53M to Kuwait. The main products exported from Estonia to Kuwait were Peat ($1.52M), Electrical Transformers ($892k), and Broadcasting Equipment ($511k). During the last 5 years the exports of Estonia to Kuwait have increased at an annualized rate of 7.93%, from $3.77M in 2018 to $5.53M in 2023.

In 2018, Kuwait exported $18.7k to Estonia. The main products exported from Kuwait to Estonia were Broadcasting Equipment ($13.6k), Computers ($1.97k), and Trunks and Cases ($1.08k). During the last 5 years the exports of Kuwait to Estonia have decreased at an annualized rate of 19.7%, from $56k in 2023 to $18.7k in 2018.

Exports from Estonia (Flag) to Kuwait (Flag) (2023)

Exports from Kuwait (Flag) to Estonia (Flag) (2023)

Latest Data

Trade between Estonia (Flag) and Kuwait (Flag)

Estonia Exports

Kuwait Exports

Date

Market Competitiveness

Color
Estonia
Top DestinationFinland$2.71B
Kuwait
Top DestinationChina$17.4B

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

In 2023, countries that imported more from Estonia than Kuwait included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

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

Difference in imports from Kuwait (Flag) and Estonia (Flag) (2023)

Comparative Advantage Estonia - Kuwait

Flow
Scale

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

During 2023, Estonia had a large net trade with Kuwait in the exports of Machines ($2.05M), Mineral Products ($1.52M), and Instruments ($438k).

During 2018, Kuwait had a large net trade with Estonia in the exports of Machines ($15.8k), Animal Hides ($1.08k), and Chemical Products ($767).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Estonia and Kuwait. This means that a dot/product with the flag of Estonia indicates it has a comparative advantage over Kuwait. Similarly, a dot/product with the flag of Kuwait indicates it has a comparative advantage over Estonia.

Product Space of Estonia (Flag) and Kuwait (Flag) (2023)

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