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Pricing

2022
Flag → Flag
Exports $1.46BRnk 65 / 223
2022
Flag → Flag
Top Product $297MCars
2022
Flag → Flag
Exports $54.1MRnk 48 / 156
2022
Flag → Flag
Top Product $31.5MRefined Petroleum
2022
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Economic Complexity (ECI) ECI 1.75Rnk 3 / 124
2022
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Economic Complexity (ECI) ECI 0.16Rnk 53 / 124
2022
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GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
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 GDP$185BCURRENT US$
Rnk 56 / 186
2012-2022
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GDP GROWTH6.04%CURRENT US$
Rnk 152 / 186
2022
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GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC$43,233CURRENT US$
Rnk 24 / 186
2012-2022
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GDP PC GROWTH-15.7%CURRENT US$
Rnk 166 / 186

About

Germany-Kuwait In 2022, Germany exported $1.46B to Kuwait. The main products that Germany exported to Kuwait are Cars ($297M), Packaged Medicaments ($76M), and Medical Instruments ($57.8M). During the last 27 years the exports of Germany to Kuwait have increased at an annualized rate of 4.29%, from $469M in 1995 to $1.46B in 2022.

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

Kuwait-Germany In 2022, Kuwait exported $54.1M to Germany. The main products that Kuwait exported to Germany were Refined Petroleum ($31.5M), Ethylene Polymers ($5.39M), and Ferroalloys ($2.19M). During the last 27 years the exports of Kuwait to Germany have decreased at an annualized rate of 1.99%, from $93.2M in 1995 to $54.1M in 2022.

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

Comparison In 2022,  Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T). That same year, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.16), and 42 in total exports ($101B).

Latest Trends

January, 2024

About

Overview In January 2024, Germany exported €70.1M and imported €1.83M from Kuwait, resulting in a positive trade balance of €68.2M. Between January 2023 and January 2024 the exports of Germany have decreased by €-18.6M (-21%) from €88.7M to €70.1M, while imports decreased by €-36.5M (-95.2%) from €38.3M to €1.83M.

Trade In January 2024, the top exports of Germany to Kuwait were Motor cars and motor caravans (€23.6M), Pharmaceutical products (€7.93M), Lorries and special purpose motor vehicles (€6M), Other machinery (€5.34M), and Medical, surgical equipment, orthopaedic apparatus (€4.53M). In January 2024 the top imports of Germany from Kuwait were Mineral oil products (€37.2M), Engines (excl. for tractor,aircraft, road vehicle) (€383k), Returned goods (€309k), Plastics (€174k), and Other electric machinery, apparatus and appliances (€61k).

Origins In January 2024 the exports of Germany were mainly from North Rhine-Westphalia (€10M), Bavaria (€8M), Baden-Württemberg (€7.28M), Berlin (€4.45M), and Lower Saxony (€4.32M), while imports destinations were mainly North Rhine-Westphalia (€1.03M), Bavaria (€329k), Lower Saxony (€134k), and Saxony (€65k).

Growth In January 2024, the decrease in Germany's year-by-year exports to Kuwait was explained primarily by an decrease in product exports in Pumps and compressors (€-2.02M or -77%), Other electric machinery, apparatus and appliances (€-717k or -63.7%), and Machinery for electricity production, distribution (€-685k or -15.9%). In January 2024, the decrease in Germany's year-by-year imports  from Kuwait was explained primarily by an decrease in product imports  in Ferro-alloys (€-847k or -95.7%), Other raw materials inclusive waste (€-331k or -98.5%), and Plastics (€-135k or -43.7%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (January 2023 - January 2024)€-18.6M(-21%)
IMPORT GROWTH (January 2023 - January 2024)€-36.5M(-95.2%)
MAIN EXPORTER (January 2024)North Rhine-Westphalia€10M

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Kuwait and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $1.46B to Kuwait. The main products exported from Germany to Kuwait were Cars ($297M), Packaged Medicaments ($76M), and Medical Instruments ($57.8M). During the last 27 years the exports of Germany to Kuwait have increased at an annualized rate of 4.29%, from $469M in 1995 to $1.46B in 2022.

In 2022, Kuwait exported $54.1M to Germany. The main products exported from Kuwait to Germany were Refined Petroleum ($31.5M), Ethylene Polymers ($5.39M), and Ferroalloys ($2.19M). During the last 27 years the exports of Kuwait to Germany have decreased at an annualized rate of 1.99%, from $93.2M in 1995 to $54.1M in 2022.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Kuwait
Top DestinationChina$24.3B

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

In 2021, countries that imported more from Germany than Kuwait were United States ($153B), France ($120B), and Netherlands ($109B).

In 2021, countries that imported more from Kuwait than Germany were Pakistan ($3.97B), Vietnam ($5.7B), and Ethiopia ($316M).

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

Comparative Advantage Germany - Kuwait

Flow
Scale

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

During 2022, Germany had a large net trade with Kuwait in the exports of Transportation ($414M), Machines ($298M), and Chemical Products ($231M).

During 2022, Kuwait had a large net trade with Germany in the exports of Mineral Products ($32.1M), Plastics and Rubbers ($6.32M), and Chemical Products ($3.84M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Germany has comparative advantage over Kuwait. Similarly, the more yellow a dot/product is, the more Kuwait has comparative advantage over Germany.

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

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