Kuwait (KWT) and Ukraine (UKR) Trade | The Observatory of Economic Complexity

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Kuwait-Ukraine Trade: In 2023, Kuwait exported $96.5M to Ukraine. The main products that Kuwait exported to Ukraine were Refined Petroleum ($95.3M), Ethylene Polymers ($932k), and Propylene Polymers ($242k). Over the past 5 years the exports of Kuwait to Ukraine have increased at an annualized rate of 77.6%, from $5.46M in 2018 to $96.5M in 2023.

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

Ukraine-Kuwait Trade: In 2023, Ukraine exported $28.9M to Kuwait. The main products that Ukraine exported to Kuwait were Poultry Meat ($15.5M), Seed Oils ($2.29M), and Margarine ($1.3M). Over the past 5 years the exports of Ukraine to Kuwait have increased at an annualized rate of 2.95%, from $25M in 2018 to $28.9M in 2023.

In 2023, Ukraine 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, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Kuwait exported $96.5M to Ukraine. The main products exported from Kuwait to Ukraine were Refined Petroleum ($95.3M), Ethylene Polymers ($932k), and Propylene Polymers ($242k). During the last 5 years the exports of Kuwait to Ukraine have increased at an annualized rate of 77.6%, from $5.46M in 2018 to $96.5M in 2023.

In 2018, Ukraine exported $28.9M to Kuwait. The main products exported from Ukraine to Kuwait were Poultry Meat ($15.5M), Seed Oils ($2.29M), and Margarine ($1.3M). During the last 5 years the exports of Ukraine to Kuwait have increased at an annualized rate of 2.95%, from $25M in 2023 to $28.9M in 2018.

Exports from Kuwait () to Ukraine () (2023)

Exports from Ukraine () to Kuwait () (2023)

Latest Data

Trade between Kuwait () and Ukraine ()

Kuwait Exports

Date

Ukraine Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$17.4B

Ukraine
Top DestinationPoland$4.83B

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

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

In 2023, countries that imported more from Ukraine than Kuwait included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

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

Comparative Advantage Kuwait - Ukraine

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Kuwait had a large net trade with Ukraine in the exports of Mineral Products ($95.3M), Plastics and Rubbers ($1.17M), and Chemical Products ($13.4k).

During 2018, Ukraine had a large net trade with Kuwait in the exports of Animal Products ($15.9M), Animal and Vegetable Bi-Products ($4.91M), and Machines ($1.92M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kuwait Ukraine+$101kSodium or Potassium Peroxides

Top Product Potential Ukraine Kuwait+$4.12MIron Pipes

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

About

Historical Data

Bilateral Trade by Products

Exports from Kuwait () to Ukraine () (2023)

Exports from Ukraine () to Kuwait () (2023)

Latest Data

Trade between Kuwait () and Ukraine ()

Kuwait Exports

Ukraine Exports

Market Competitiveness

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

Comparative Advantage Kuwait - Ukraine

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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