2022
Flag  
GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
GDP PC 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 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

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 5.36%, from $638M in 2017 to $828M in 2022.

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

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 13.9%,  from $1.26B in 2017 to $243M in 2022.

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

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). 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, 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 5.36%, from $638M in 2017 to $828M in 2022.

In 2017, 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 13.9%, from $1.26B in 2022 to $243M in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
Kuwait
Top Destination
China$24.3B

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

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

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

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

Comparative Advantage Netherlands - Kuwait

Flow
Scale

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

During 2022, Netherlands had a large net trade with Kuwait in the exports of Animal Products ($178M), Foodstuffs ($133M), and Chemical Products ($125M).

During 2017, Kuwait had a large net trade with Netherlands in the exports of Mineral Products ($175M), Chemical Products ($20.6M), and Transportation ($16.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Kuwait+$20.3MPackaged Medicaments
Top Product Potential Kuwait Netherlands+$164MRefined Petroleum

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

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

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