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2022
Flag → Flag
Exports $15.4MRnk 59 / 196
2022
Flag → Flag
Top Product $3.91MBeauty Products
2022
Flag → Flag
Exports $1.1MRnk 100 / 156
2022
Flag → Flag
Top Product $901kCars
2022
Flag
Economic Complexity (ECI) ECI 0.44Rnk 46 / 133
2022
Flag  
GDP$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP GROWTH37.6%CURRENT US$
Rnk 87 / 186
2022
Flag
 GDP$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
GDP PC $126,426CURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP PC GROWTH12.3%CURRENT US$
Rnk 108 / 186
2022
Flag
GDP PC$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH-15.7%CURRENT US$
Rnk 166 / 186

About

Luxembourg-Kuwait Trade: In 2022, Luxembourg exported $15.4M to Kuwait. The main products that Luxembourg exported to Kuwait were Beauty Products ($3.91M), Aircraft Parts ($1.32M), and Liquid Pumps ($1.12M). Over the past 5 years the exports of Luxembourg to Kuwait have increased at an annualized rate of 9.74%, from $9.7M in 2017 to $15.4M in 2022.

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

Kuwait-Luxembourg Trade: In 2022, Kuwait exported $1.1M to Luxembourg. The main products that Kuwait exported to Luxembourg were Cars ($901k), Motor vehicles; parts and accessories (8701 to 8705) ($91.8k), and Horses ($78.1k). Over the past 5 years the exports of Kuwait to Luxembourg have increased at an annualized rate of 43.3%,  from $127k in 2017 to $1.1M in 2022.

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

Comparison In 2022,  Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index. That same year, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Luxembourg exported $15.4M to Kuwait. The main products exported from Luxembourg to Kuwait were Beauty Products ($3.91M), Aircraft Parts ($1.32M), and Liquid Pumps ($1.12M). During the last 5 years the exports of Luxembourg to Kuwait have increased at an annualized rate of 9.74%, from $9.7M in 2017 to $15.4M in 2022.

In 2017, Kuwait exported $1.1M to Luxembourg. The main products exported from Kuwait to Luxembourg were Cars ($901k), Motor vehicles; parts and accessories (8701 to 8705) ($91.8k), and Horses ($78.1k). During the last 5 years the exports of Kuwait to Luxembourg have increased at an annualized rate of 43.3%, from $127k in 2022 to $1.1M in 2017.

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

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

Latest Data

Trade between Luxembourg (Flag) and Kuwait (Flag)

Luxembourg Exports

Kuwait Exports

Market Competitiveness

Color
Luxembourg
Top DestinationGermany$4.15B
Kuwait
Top DestinationChina$24.3B

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

In 2022, countries that imported more from Luxembourg than Kuwait included Germany ($4.15B), Belgium ($2.09B), and France ($3.07B).

In 2022, countries that imported more from Kuwait than Luxembourg included China ($24.3B), India ($15B), and South Korea ($10.8B).

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

Comparative Advantage Luxembourg - Kuwait

Flow
Scale

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

During 2022, Luxembourg had a large net trade with Kuwait in the exports of Machines ($4.78M), Chemical Products ($4.59M), and Transportation ($1.71M).

During 2017, Kuwait had a large net trade with Luxembourg in the exports of Transportation ($995k), Animal Products ($79.4k), and Machines ($18.6k).

Economic Complexity

Competitive Landscape

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

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

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