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

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Kuwait-Croatia Trade: In 2023, Kuwait exported $467k to Croatia. The main products that Kuwait exported to Croatia were Reaction and Catalytic Products ($226k), Cars ($191k), and Sports Equipment ($29.3k). Over the past 5 years the exports of Kuwait to Croatia have decreased at an annualized rate of 8.88%, from $744k in 2018 to $467k in 2023.

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

Croatia-Kuwait Trade: In 2023, Croatia exported $13.2M to Kuwait. The main products that Croatia exported to Kuwait were Sawn Wood ($6.35M), Other Stone Articles ($1.12M), and Gas Turbines ($1.04M). Over the past 5 years the exports of Croatia to Kuwait have increased at an annualized rate of 17%, from $6.02M in 2018 to $13.2M in 2023.

In 2023, Croatia 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, Croatia ranked 34 in the Economic Complexity Index (ECI 0.76), and 75 in total exports ($22.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Kuwait exported $467k to Croatia. The main products exported from Kuwait to Croatia were Reaction and Catalytic Products ($226k), Cars ($191k), and Sports Equipment ($29.3k). During the last 5 years the exports of Kuwait to Croatia have decreased at an annualized rate of 8.88%, from $744k in 2018 to $467k in 2023.

In 2018, Croatia exported $13.2M to Kuwait. The main products exported from Croatia to Kuwait were Sawn Wood ($6.35M), Other Stone Articles ($1.12M), and Gas Turbines ($1.04M). During the last 5 years the exports of Croatia to Kuwait have increased at an annualized rate of 17%, from $6.02M in 2023 to $13.2M in 2018.

Exports from Kuwait () to Croatia () (2023)

Exports from Croatia () to Kuwait () (2023)

Latest Data

Trade between Kuwait () and Croatia ()

Kuwait Exports

Date

Croatia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$17.4B

Croatia
Top DestinationItaly$3.05B

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

In 2023, countries that imported more from Kuwait than Croatia included China ($17.4B), India ($9.51B), and Japan ($9.13B).

In 2023, countries that imported more from Croatia than Kuwait included Italy ($3.05B), Slovenia ($2.45B), and Germany ($2.58B).

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

Comparative Advantage Kuwait - Croatia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Kuwait had a large net trade with Croatia in the exports of Chemical Products ($226k), Transportation ($191k), and Miscellaneous ($29.3k).

During 2018, Croatia had a large net trade with Kuwait in the exports of Wood Products ($6.35M), Machines ($2.08M), and Stone And Glass ($1.23M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kuwait Croatia+$807kCars

Top Product Potential Croatia Kuwait+$872kChocolate

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

About

Historical Data

Bilateral Trade by Products

Exports from Kuwait () to Croatia () (2023)

Exports from Croatia () to Kuwait () (2023)

Latest Data

Trade between Kuwait () and Croatia ()

Kuwait Exports

Croatia Exports

Market Competitiveness

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

Comparative Advantage Kuwait - Croatia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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