Kuwait (KWT) and Netherlands (NLD) Trade | The Observatory of Economic Complexity

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Kuwait-Netherlands Trade: In 2023, Kuwait exported $672M to Netherlands. The main products that Kuwait exported to Netherlands were Refined Petroleum ($604M), Crude Petroleum ($46.7M), and Inedible Fats and Oils ($5.41M). Over the past 5 years the exports of Kuwait to Netherlands have decreased at an annualized rate of 16%, from $1.61B in 2018 to $672M in 2023.

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

Netherlands-Kuwait Trade: In 2023, Netherlands exported $535M to Kuwait. The main products that Netherlands exported to Kuwait were Scrap Iron ($86.1M), Concentrated Milk ($77.8M), and Other Frozen Vegetables ($41.8M). Over the past 5 years the exports of Netherlands to Kuwait have decreased at an annualized rate of 7.65%, from $797M in 2018 to $535M in 2023.

In 2023, Netherlands 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, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Kuwait exported $672M to Netherlands. The main products exported from Kuwait to Netherlands were Refined Petroleum ($604M), Crude Petroleum ($46.7M), and Inedible Fats and Oils ($5.41M). During the last 5 years the exports of Kuwait to Netherlands have decreased at an annualized rate of 16%, from $1.61B in 2018 to $672M in 2023.

In 2018, Netherlands exported $535M to Kuwait. The main products exported from Netherlands to Kuwait were Scrap Iron ($86.1M), Concentrated Milk ($77.8M), and Other Frozen Vegetables ($41.8M). During the last 5 years the exports of Netherlands to Kuwait have decreased at an annualized rate of 7.65%, from $797M in 2023 to $535M in 2018.

Exports from Kuwait () to Netherlands () (2023)

Exports from Netherlands () to Kuwait () (2023)

Latest Data

Trade between Kuwait () and Netherlands ()

Kuwait Exports

Date

Netherlands Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$17.4B

Netherlands
Top DestinationGermany$96.9B

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

In 2023, countries that imported more from Kuwait than Netherlands included India ($9.51B), Japan ($9.13B), and Pakistan ($2.13B).

In 2023, countries that imported more from Netherlands than Kuwait included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

Comparative Advantage Kuwait - Netherlands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Kuwait had a large net trade with Netherlands in the exports of Mineral Products ($650M), Animal and Vegetable Bi-Products ($5.41M), and Transportation ($5.08M).

During 2018, Netherlands had a large net trade with Kuwait in the exports of Foodstuffs ($107M), Metals ($90.9M), and Animal Products ($90.8M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kuwait Netherlands+$164MRefined Petroleum

Top Product Potential Netherlands Kuwait+$20.3MPackaged Medicaments

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

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Historical Data

Bilateral Trade by Products

Exports from Kuwait () to Netherlands () (2023)

Exports from Netherlands () to Kuwait () (2023)

Latest Data

Trade between Kuwait () and Netherlands ()

Kuwait Exports

Netherlands Exports

Market Competitiveness

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

Comparative Advantage Kuwait - Netherlands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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