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

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Kuwait-Netherlands Trade: In 2022, Kuwait exported $243M to Netherlands. The main products that Kuwait exported to Netherlands were Refined Petroleum ($175M), Cyclic Hydrocarbons ($18.5M), and Cars ($13.9M). Over the past 5 years the exports of Kuwait to Netherlands have decreased at an annualized rate of 28.1%, from $1.26B in 2017 to $243M in 2022.

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

Netherlands-Kuwait Trade: In 2022, Netherlands exported $828M to Kuwait. The main products that Netherlands exported to Kuwait were Concentrated Milk ($157M), Packaged Medicaments ($44.2M), and Medical Instruments ($39.7M). Over the past 5 years the exports of Netherlands to Kuwait have increased at an annualized rate of 3.31%, from $638M in 2017 to $828M in 2022.

In 2022, Netherlands 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, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Kuwait exported $243M to Netherlands. The main products exported from Kuwait to Netherlands were Refined Petroleum ($175M), Cyclic Hydrocarbons ($18.5M), and Cars ($13.9M). During the last 5 years the exports of Kuwait to Netherlands have decreased at an annualized rate of 28.1%, from $1.26B in 2017 to $243M in 2022.

In 2017, Netherlands exported $828M to Kuwait. The main products exported from Netherlands to Kuwait were Concentrated Milk ($157M), Packaged Medicaments ($44.2M), and Medical Instruments ($39.7M). During the last 5 years the exports of Netherlands to Kuwait have increased at an annualized rate of 3.31%, from $638M in 2022 to $828M in 2017.

Exports from Kuwait () to Netherlands () (2022)

Exports from Netherlands () to Kuwait () (2022)

Latest Data

Trade between Kuwait () and Netherlands ()

Kuwait Exports

Date

Netherlands Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$24.3B

Netherlands
Top DestinationGermany$131B

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 2022, countries that imported more from Kuwait than Netherlands included India ($15B), China ($24.3B), and Vietnam ($5.7B).

In 2022, countries that imported more from Netherlands than Kuwait included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

Difference in imports from Netherlands () and Kuwait () (2022)

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 2022, Kuwait had a large net trade with Netherlands in the exports of Mineral Products ($175M), Chemical Products ($20.6M), and Transportation ($16.7M).

During 2017, Netherlands had a large net trade with Kuwait in the exports of Animal Products ($178M), Foodstuffs ($133M), and Chemical Products ($125M).

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.

About

Historical Data

Bilateral Trade by Products

Exports from Kuwait () to Netherlands () (2022)

Exports from Netherlands () to Kuwait () (2022)

Latest Data

Trade between Kuwait () and Netherlands ()

Kuwait Exports

Netherlands Exports

Market Competitiveness

Difference in imports from Netherlands () and Kuwait () (2022)

Comparative Advantage Kuwait - Netherlands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kuwait () and Netherlands () (2022)

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