2022
Flag  
GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
 GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
GDP PC 
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186
2022
Flag
GDP PC
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186

About

Kuwait-Estonia Trade: In 2022, Kuwait exported $35.7M to Estonia. The main products that Kuwait exported to Estonia were Refined Petroleum ($35.7M), Broadcasting Equipment ($11.8k), and Computers ($2.56k). Over the past 6 years the exports of Kuwait to Estonia have increased at an annualized rate of 324%, from $6.16k in 2016 to $35.7M in 2022.

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

Estonia-Kuwait Trade: In 2022, Estonia exported $11.3M to Kuwait. The main products that Estonia exported to Kuwait were N/A. Over the past 6 years the exports of Estonia to Kuwait have increased at an annualized rate of 0.05%,  from $11.3M in 2016 to $11.3M in 2022.

In 2022, Estonia 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, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $35.7M to Estonia. The main products exported from Kuwait to Estonia were Refined Petroleum ($35.7M), Broadcasting Equipment ($11.8k), and Computers ($2.56k). During the last 6 years the exports of Kuwait to Estonia have increased at an annualized rate of 324%, from $6.16k in 2016 to $35.7M in 2022.

In 2017, Estonia exported $11.3M to Kuwait. There were not main exports from Estonia to Kuwait in 2017. During the last 5 years the exports of Estonia to Kuwait have increased at an annualized rate of 0.05%, from $11.3M in 2022 to $11.3M in 2017.

Exports from Kuwait (Flag) to Estonia (Flag) (2022)

Exports from Estonia (Flag) to Kuwait (Flag) (2022)

Latest Data

Trade between Kuwait (Flag) and Estonia (Flag)

Kuwait Exports

Date

Estonia Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Estonia
Top Destination
Finland$3B

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

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

In 2022, countries that imported more from Estonia than Kuwait included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

Difference in imports from Estonia (Flag) and Kuwait (Flag) (2022)

Comparative Advantage Kuwait - Estonia

Flow
Scale

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

During 2022, Kuwait had a large net trade with Estonia in the exports of Mineral Products ($35.7M), Machines ($14.5k), and Instruments ($597).

During 2017, Estonia had a large net trade with Kuwait in the exports of Machines ($3.88M), Mineral Products ($1.19M), and Instruments ($1.12M).

Economic Complexity

Competitive Landscape

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

Product Space of Kuwait (Flag) and Estonia (Flag) (2022)

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