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Pricing

2022
Flag → Flag
Exports $47.4MRnk 72 / 191
2022
Flag → Flag
Exports $1.33MRnk 98 / 156
2022
Flag → Flag
Top Product $1.18MEthylene Polymers
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.44Rnk 46 / 133
2022
Flag  
GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
 GDP$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
GDP PC $4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 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

Ukraine-Kuwait Trade: In 2022, Ukraine exported $47.4M to Kuwait. The main products that Ukraine exported to Kuwait were N/A. Over the past 5 years the exports of Ukraine to Kuwait have increased at an annualized rate of 11.1%, from $28M in 2017 to $47.4M in 2022.

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

Kuwait-Ukraine Trade: In 2022, Kuwait exported $1.33M to Ukraine. The main products that Kuwait exported to Ukraine were Ethylene Polymers ($1.18M), Poultry Meat ($59k), and Ethers ($32.5k). Over the past 5 years the exports of Kuwait to Ukraine have decreased at an annualized rate of 31.9%,  from $13.3M in 2017 to $1.33M in 2022.

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

Comparison: In 2022,  Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). 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, Ukraine exported $47.4M to Kuwait. There were not main exports from Ukraine to Kuwait in 2022. During the last 5 years the exports of Ukraine to Kuwait have increased at an annualized rate of 11.1%, from $28M in 2017 to $47.4M in 2022.

In 2017, Kuwait exported $1.33M to Ukraine. The main products exported from Kuwait to Ukraine were Ethylene Polymers ($1.18M), Poultry Meat ($59k), and Ethers ($32.5k). During the last 5 years the exports of Kuwait to Ukraine have decreased at an annualized rate of 31.9%, from $13.3M in 2022 to $1.33M in 2017.

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

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

Latest Data

Trade between Ukraine (Flag) and Kuwait (Flag)

Ukraine Exports

Kuwait Exports

Market Competitiveness

Color
Ukraine
Top DestinationPoland$6.7B
Kuwait
Top DestinationChina$24.3B

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

In 2022, countries that imported more from Ukraine than Kuwait included Poland ($6.7B), Romania ($3.94B), and Germany ($2.43B).

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

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

Comparative Advantage Ukraine - Kuwait

Flow
Scale

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

During 2022, Ukraine had a large net trade with Kuwait in the exports of Animal Products ($17.8M), Machines ($7.64M), and Metals ($6.14M).

During 2017, Kuwait had a large net trade with Ukraine in the exports of Plastics and Rubbers ($1.18M), Chemical Products ($99.7k), and Animal Products ($59k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ukraine Kuwait+$4.12MIron Pipes
Top Product Potential Kuwait Ukraine+$101kSodium or Potassium Peroxides

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

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

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