Kuwait-Azerbaijan Trade: In 2022, Kuwait exported $184k to Azerbaijan. The main products that Kuwait exported to Azerbaijan were Acyclic Alcohols ($106k), Other Small Iron Pipes ($32.8k), and Cyclic Hydrocarbons ($25k). Over the past 5 years the exports of Kuwait to Azerbaijan have decreased at an annualized rate of 51.4%, from $6.81M in 2017 to $184k in 2022.
In 2022, Kuwait did not export any services to Azerbaijan.
Azerbaijan-Kuwait Trade: In 2022, Azerbaijan exported $2.12M to Kuwait. The main products that Azerbaijan exported to Kuwait were Apples and Pears ($519k), Forage Crops ($418k), and Antiques ($352k). Over the past 5 years the exports of Azerbaijan to Kuwait have increased at an annualized rate of 74.9%, from $129k in 2017 to $2.12M in 2022.
In 2022, Azerbaijan did not export any services to Kuwait.
Comparison: In 2022, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B). That same year, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).