Kuwait (KWT) and Czechia (CZE) Trade | The Observatory of Economic Complexity

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Kuwait-Czechia Trade: In 2022, Kuwait exported $4.11M to Czechia. The main products that Kuwait exported to Czechia were Ethylene Polymers ($1.57M), Ferroalloys ($1.48M), and Inedible Fats and Oils ($296k). Over the past 5 years the exports of Kuwait to Czechia have increased at an annualized rate of 35%, from $919k in 2017 to $4.11M in 2022.

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

Czechia-Kuwait Trade: In 2022, Czechia exported $142M to Kuwait. The main products that Czechia exported to Kuwait were Cars ($42.6M), Barley ($13.3M), and Rolled Tobacco ($7.31M). Over the past 5 years the exports of Czechia to Kuwait have increased at an annualized rate of 5.88%, from $107M in 2017 to $142M in 2022.

In 2022, Czechia 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, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Kuwait exported $4.11M to Czechia. The main products exported from Kuwait to Czechia were Ethylene Polymers ($1.57M), Ferroalloys ($1.48M), and Inedible Fats and Oils ($296k). During the last 5 years the exports of Kuwait to Czechia have increased at an annualized rate of 35%, from $919k in 2017 to $4.11M in 2022.

In 2017, Czechia exported $142M to Kuwait. The main products exported from Czechia to Kuwait were Cars ($42.6M), Barley ($13.3M), and Rolled Tobacco ($7.31M). During the last 5 years the exports of Czechia to Kuwait have increased at an annualized rate of 5.88%, from $107M in 2022 to $142M in 2017.

Exports from Kuwait () to Czechia () (2022)

Exports from Czechia () to Kuwait () (2022)

Latest Data

Trade between Kuwait () and Czechia ()

Kuwait Exports

Date

Czechia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$24.3B

Czechia
Top DestinationGermany$75.3B

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

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

In 2022, countries that imported more from Czechia than Kuwait included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

Comparative Advantage Kuwait - Czechia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Kuwait had a large net trade with Czechia in the exports of Plastics and Rubbers ($1.7M), Metals ($1.48M), and Machines ($379k).

During 2017, Czechia had a large net trade with Kuwait in the exports of Transportation ($43.9M), Machines ($35.4M), and Vegetable Products ($14M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kuwait Czechia+$2.01MEthylene Polymers

Top Product Potential Czechia Kuwait+$37.2MCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Kuwait () to Czechia () (2022)

Exports from Czechia () to Kuwait () (2022)

Latest Data

Trade between Kuwait () and Czechia ()

Kuwait Exports

Czechia Exports

Market Competitiveness

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

Comparative Advantage Kuwait - Czechia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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