Turkey (TUR) and Kuwait (KWT) Trade | The Observatory of Economic Complexity

About

Turkey-Kuwait Trade: In 2022, Turkey exported $957M to Kuwait. The main products that Turkey exported to Kuwait were Non-fillet Fresh Fish ($50M), Non-Knit Women's Suits ($42M), and Building Stone ($39M). Over the past 5 years the exports of Turkey to Kuwait have increased at an annualized rate of 13.7%, from $504M in 2017 to $957M in 2022.

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

Kuwait-Turkey Trade: In 2022, Kuwait exported $680M to Turkey. The main products that Kuwait exported to Turkey were Sulfonated, Nitrated or Nitrosated Hydrocarbons ($371M), Cyclic Hydrocarbons ($132M), and Acyclic Alcohols ($75.8M). Over the past 5 years the exports of Kuwait to Turkey have increased at an annualized rate of 23.4%, from $238M in 2017 to $680M in 2022.

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

Comparison: In 2022, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Turkey exported $957M to Kuwait. The main products exported from Turkey to Kuwait were Non-fillet Fresh Fish ($50M), Non-Knit Women's Suits ($42M), and Building Stone ($39M). During the last 5 years the exports of Turkey to Kuwait have increased at an annualized rate of 13.7%, from $504M in 2017 to $957M in 2022.

In 2017, Kuwait exported $680M to Turkey. The main products exported from Kuwait to Turkey were Sulfonated, Nitrated or Nitrosated Hydrocarbons ($371M), Cyclic Hydrocarbons ($132M), and Acyclic Alcohols ($75.8M). During the last 5 years the exports of Kuwait to Turkey have increased at an annualized rate of 23.4%, from $238M in 2022 to $680M in 2017.

Exports from Turkey () to Kuwait () (2022)

Exports from Kuwait () to Turkey () (2022)

Latest Data

Trade between Turkey () and Kuwait ()

Turkey Exports

Date

Kuwait Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkey
Top DestinationGermany$21.9B

Kuwait
Top DestinationChina$24.3B

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

In 2022, countries that imported more from Turkey than Kuwait included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

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

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

Comparative Advantage Turkey - Kuwait

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Turkey had a large net trade with Kuwait in the exports of Textiles ($201M), Animal Products ($132M), and Machines ($113M).

During 2017, Kuwait had a large net trade with Turkey in the exports of Chemical Products ($587M), Plastics and Rubbers ($44M), and Metals ($23.4M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Turkey Kuwait+$16MCars

Top Product Potential Kuwait Turkey+$21.5MEthylene Polymers

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Turkey () to Kuwait () (2022)

Exports from Kuwait () to Turkey () (2022)

Latest Data

Trade between Turkey () and Kuwait ()

Turkey Exports

Kuwait Exports

Market Competitiveness

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

Comparative Advantage Turkey - Kuwait

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring