Croatia (HRV) and Kuwait (KWT) Trade | The Observatory of Economic Complexity

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Croatia-Kuwait Trade: In 2022, Croatia exported $17.7M to Kuwait. The main products that Croatia exported to Kuwait were Sawn Wood ($8.11M), Chocolate ($2.36M), and Excavation Machinery ($1.14M). Over the past 5 years the exports of Croatia to Kuwait have increased at an annualized rate of 15%, from $8.81M in 2017 to $17.7M in 2022.

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

Kuwait-Croatia Trade: In 2022, Kuwait exported $408k to Croatia. The main products that Kuwait exported to Croatia were Cars ($257k), Other Domestic Electric Housewares ($71.2k), and Awnings, Tents, and Sails ($21.1k). Over the past 5 years the exports of Kuwait to Croatia have decreased at an annualized rate of 0.91%, from $427k in 2017 to $408k in 2022.

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

Comparison: In 2022, Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B). 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, Croatia exported $17.7M to Kuwait. The main products exported from Croatia to Kuwait were Sawn Wood ($8.11M), Chocolate ($2.36M), and Excavation Machinery ($1.14M). During the last 5 years the exports of Croatia to Kuwait have increased at an annualized rate of 15%, from $8.81M in 2017 to $17.7M in 2022.

In 2017, Kuwait exported $408k to Croatia. The main products exported from Kuwait to Croatia were Cars ($257k), Other Domestic Electric Housewares ($71.2k), and Awnings, Tents, and Sails ($21.1k). During the last 5 years the exports of Kuwait to Croatia have decreased at an annualized rate of 0.91%, from $427k in 2022 to $408k in 2017.

Exports from Croatia () to Kuwait () (2022)

Exports from Kuwait () to Croatia () (2022)

Latest Data

Trade between Croatia () and Kuwait ()

Croatia Exports

Date

Kuwait Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Croatia
Top DestinationItaly$3.44B

Kuwait
Top DestinationChina$24.3B

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

In 2022, countries that imported more from Croatia than Kuwait included Italy ($3.44B), Slovenia ($2.87B), and Germany ($2.82B).

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

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

Comparative Advantage Croatia - Kuwait

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Croatia had a large net trade with Kuwait in the exports of Wood Products ($8.12M), Machines ($3.01M), and Foodstuffs ($2.61M).

During 2017, Kuwait had a large net trade with Croatia in the exports of Transportation ($257k), Machines ($71.2k), and Textiles ($26.5k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Croatia Kuwait+$872kChocolate

Top Product Potential Kuwait Croatia+$807kCars

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

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Historical Data

Bilateral Trade by Products

Exports from Croatia () to Kuwait () (2022)

Exports from Kuwait () to Croatia () (2022)

Latest Data

Trade between Croatia () and Kuwait ()

Croatia Exports

Kuwait Exports

Market Competitiveness

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

Comparative Advantage Croatia - Kuwait

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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