Kuwait (KWT) and Germany (DEU) Trade | The Observatory of Economic Complexity

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Kuwait-Germany Trade: In 2023, Kuwait exported $752M to Germany. The main products that Kuwait exported to Germany were Refined Petroleum ($738M), Ethylene Polymers ($2.87M), and Gas Turbines ($2.53M). Over the past 5 years the exports of Kuwait to Germany have increased at an annualized rate of 75.1%, from $45.6M in 2018 to $752M in 2023.

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

Germany-Kuwait Trade: In 2023, Germany exported $1.43B to Kuwait. The main products that Germany exported to Kuwait were Cars ($282M), Packaged Medicaments ($116M), and Vaccines, blood, antisera, toxins and cultures ($72.5M). Over the past 5 years the exports of Germany to Kuwait have decreased at an annualized rate of 4.75%, from $1.82B in 2018 to $1.43B in 2023.

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

Comparison: In 2023, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21), and 47 in total exports ($71B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Kuwait exported $752M to Germany. The main products exported from Kuwait to Germany were Refined Petroleum ($738M), Ethylene Polymers ($2.87M), and Gas Turbines ($2.53M). During the last 5 years the exports of Kuwait to Germany have increased at an annualized rate of 75.1%, from $45.6M in 2018 to $752M in 2023.

In 2018, Germany exported $1.43B to Kuwait. The main products exported from Germany to Kuwait were Cars ($282M), Packaged Medicaments ($116M), and Vaccines, blood, antisera, toxins and cultures ($72.5M). During the last 5 years the exports of Germany to Kuwait have decreased at an annualized rate of 4.75%, from $1.82B in 2023 to $1.43B in 2018.

Exports from Kuwait () to Germany () (2023)

Exports from Germany () to Kuwait () (2023)

Latest Data

Trade between Kuwait () and Germany ()

Kuwait Exports

Date

Germany Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$17.4B

Germany
Top DestinationUnited States$157B

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

In 2023, countries that imported more from Kuwait than Germany included Pakistan ($2.13B), Ethiopia ($1.33B), and Oman ($1.74B).

In 2023, countries that imported more from Germany than Kuwait included United States ($157B), France ($118B), and Netherlands ($108B).

Difference in imports from Germany () and Kuwait () (2023)

Comparative Advantage Kuwait - Germany

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Kuwait had a large net trade with Germany in the exports of Mineral Products ($738M), Machines ($6.06M), and Plastics and Rubbers ($3.2M).

During 2018, Germany had a large net trade with Kuwait in the exports of Transportation ($415M), Machines ($292M), and Chemical Products ($279M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kuwait Germany+$72.6MRefined Petroleum

Top Product Potential Germany Kuwait+$146MCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Kuwait () to Germany () (2023)

Exports from Germany () to Kuwait () (2023)

Latest Data

Trade between Kuwait () and Germany ()

Kuwait Exports

Germany Exports

Market Competitiveness

Difference in imports from Germany () and Kuwait () (2023)

Comparative Advantage Kuwait - Germany

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kuwait () and Germany () (2023)

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