2022
Flag  
GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
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GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
 GDP
$221BCURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP GROWTH
6.07%CURRENT US$
Rnk 150 / 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
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GDP PC
$11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH
-9.23%CURRENT US$
Rnk 161 / 186

About

Kuwait-Kazakhstan Trade: In 2022, Kuwait exported $3.37M to Kazakhstan. The main products that Kuwait exported to Kazakhstan were Iron Pipes ($1.11M), Liquid Pumps ($638k), and Iron Pipe Fittings ($541k). Over the past 5 years the exports of Kuwait to Kazakhstan have increased at an annualized rate of 141%, from $41.7k in 2017 to $3.37M in 2022.

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

Kazakhstan-Kuwait Trade: In 2022, Kazakhstan exported $2.71M to Kuwait. The main products that Kazakhstan exported to Kuwait were Sheep and Goat Meat ($1.97M), Linseed ($320k), and Perfumes ($119k). Over the past 5 years the exports of Kazakhstan to Kuwait have increased at an annualized rate of 12.5%,  from $1.51M in 2017 to $2.71M in 2022.

In 2022, Kazakhstan 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, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $3.37M to Kazakhstan. The main products exported from Kuwait to Kazakhstan were Iron Pipes ($1.11M), Liquid Pumps ($638k), and Iron Pipe Fittings ($541k). During the last 5 years the exports of Kuwait to Kazakhstan have increased at an annualized rate of 141%, from $41.7k in 2017 to $3.37M in 2022.

In 2017, Kazakhstan exported $2.71M to Kuwait. The main products exported from Kazakhstan to Kuwait were Sheep and Goat Meat ($1.97M), Linseed ($320k), and Perfumes ($119k). During the last 5 years the exports of Kazakhstan to Kuwait have increased at an annualized rate of 12.5%, from $1.51M in 2022 to $2.71M in 2017.

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

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

Latest Data

Trade between Kuwait (Flag) and Kazakhstan (Flag)

Kuwait Exports

Kazakhstan Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Kazakhstan
Top Destination
China$13.4B

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

In 2022, countries that imported more from Kuwait than Kazakhstan included India ($15B), China ($24.3B), and Japan ($8.64B).

In 2022, countries that imported more from Kazakhstan than Kuwait included Italy ($12.4B), Russia ($8.78B), and United Kingdom ($8.01B).

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

Comparative Advantage Kuwait - Kazakhstan

Flow
Scale

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

During 2022, Kuwait had a large net trade with Kazakhstan in the exports of Metals ($2.04M), Machines ($834k), and Textiles ($227k).

During 2017, Kazakhstan had a large net trade with Kuwait in the exports of Animal Products ($2.02M), Vegetable Products ($422k), and Chemical Products ($135k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kuwait Kazakhstan+$497kIron Pipes
Top Product Potential Kazakhstan Kuwait+$151kDried Legumes

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

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

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

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