Uzbekistan (UZB) and Kuwait (KWT) Trade | The Observatory of Economic Complexity

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Uzbekistan-Kuwait Trade: In 2023, Uzbekistan exported $2.75M to Kuwait. The main products that Uzbekistan exported to Kuwait were Refined Petroleum ($2.17M), Copper Wire ($216k), and Grapes ($100k). Over the past 5 years the exports of Uzbekistan to Kuwait have increased at an annualized rate of 76.5%, from $160k in 2018 to $2.75M in 2023.

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

Kuwait-Uzbekistan Trade: In 2023, Kuwait exported $36.5k to Uzbekistan. The main products that Kuwait exported to Uzbekistan were Other Measuring Instruments ($21.6k), Interchangeable Tool Parts ($8.22k), and Lubricating Products ($6.28k). Over the past 5 years the exports of Kuwait to Uzbekistan have decreased at an annualized rate of 20.2%, from $113k in 2018 to $36.5k in 2023.

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

Comparison: In 2023, Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22), and 72 in total exports ($24.3B). That same year, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21), and 47 in total exports ($71B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Uzbekistan exported $2.75M to Kuwait. The main products exported from Uzbekistan to Kuwait were Refined Petroleum ($2.17M), Copper Wire ($216k), and Grapes ($100k). During the last 5 years the exports of Uzbekistan to Kuwait have increased at an annualized rate of 76.5%, from $160k in 2018 to $2.75M in 2023.

In 2018, Kuwait exported $36.5k to Uzbekistan. The main products exported from Kuwait to Uzbekistan were Other Measuring Instruments ($21.6k), Interchangeable Tool Parts ($8.22k), and Lubricating Products ($6.28k). During the last 5 years the exports of Kuwait to Uzbekistan have decreased at an annualized rate of 20.2%, from $113k in 2023 to $36.5k in 2018.

Exports from Uzbekistan () to Kuwait () (2023)

Exports from Kuwait () to Uzbekistan () (2023)

Latest Data

Trade between Uzbekistan () and Kuwait ()

Uzbekistan Exports

Date

Kuwait Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uzbekistan
Top DestinationSwitzerland$8.18B

Kuwait
Top DestinationChina$17.4B

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

In 2023, countries that imported more from Uzbekistan than Kuwait included Switzerland ($8.18B), Russia ($3.02B), and Kazakhstan ($1.37B).

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

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

Comparative Advantage Uzbekistan - Kuwait

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Uzbekistan had a large net trade with Kuwait in the exports of Mineral Products ($2.17M), Metals ($218k), and Textiles ($201k).

During 2018, Kuwait had a large net trade with Uzbekistan in the exports of Instruments ($21.6k), Metals ($8.22k), and Chemical Products ($6.28k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uzbekistan Kuwait+$348kGrapes

Top Product Potential Kuwait Uzbekistan+$5.76kRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Uzbekistan () to Kuwait () (2023)

Exports from Kuwait () to Uzbekistan () (2023)

Latest Data

Trade between Uzbekistan () and Kuwait ()

Uzbekistan Exports

Kuwait Exports

Market Competitiveness

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

Comparative Advantage Uzbekistan - Kuwait

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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