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2022
Flag → Flag
Exports $968MRnk 48 / 224
2022
Flag → Flag
Top Product $228MCars
2022
Flag → Flag
Exports $2.22BRnk 12 / 156
2022
Flag → Flag
Top Product $2.17BRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.44Rnk 46 / 133
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 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

United Kingdom-Kuwait Trade: In 2022, United Kingdom exported $968M to Kuwait. The main products that United Kingdom exported to Kuwait were Cars ($228M), Gas Turbines ($41.6M), and Packaged Medicaments ($41.6M). Over the past 5 years the exports of United Kingdom to Kuwait have increased at an annualized rate of 2.75%, from $845M in 2017 to $968M in 2022.

In 2022, United Kingdom did not export any services to Kuwait.

Kuwait-United Kingdom Trade: In 2022, Kuwait exported $2.22B to United Kingdom. The main products that Kuwait exported to United Kingdom were Refined Petroleum ($2.17B), Ethylene Polymers ($23.9M), and Aircraft Parts ($3.82M). Over the past 5 years the exports of Kuwait to United Kingdom have increased at an annualized rate of 17.9%,  from $974M in 2017 to $2.22B in 2022.

In 2022, Kuwait did not export any services to United Kingdom.

Comparison: In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B). That same year, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Latest Trends

June, 2024

About

Overview In June 2024, United Kingdom exported £30.1M and imported £245M from Kuwait, resulting in a negative trade balance of £215M. Between June 2023 and June 2024 the exports of United Kingdom have decreased by £-35.2M (-53.9%) from £65.3M to £30.1M, while imports increased by £135M (122%) from £110M to £245M.

Trade In June 2024, the top exports of United Kingdom to Kuwait were Cars (£14.4M), Packaged Medicaments (£1.62M), Non-Knit Women's Suits (£1.37M), Chocolate (£1.2M), and Special purpose motor vehicles (£1.15M). In June 2024 the top imports of United Kingdom from Kuwait were Refined Petroleum (£169M), Ethylene Polymers (£1.59M), Other Electrical Machinery (£913k), Aircraft parts including unmanned craft (£229k), and Valves (£217k).

Origins In June 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£9.78M), London Gateway (£8.81M), East Midlands Airport (£2.57M), Southampton (£2.35M), and Belfast (£1.8M), while imports destinations were mainly London (£124M), Avonmouth (£106M), Milford (£7.88M), Killingholme (£5.61M), and London Heathrow Airport (£852k).

Growth In June 2024, the decrease in United Kingdom's year-by-year exports to Kuwait was explained primarily by an decrease in product exports in Felt or Coated Fabric Garments (£-519k or -91.5%), Gas and Liquid Flow Measuring Instruments (£-426k or -55.2%), and Electrical Ignitions (£-373k or -98.1%). In June 2024, the increase in United Kingdom's year-by-year imports  from Kuwait was explained primarily by an increase in product imports  in Refined Petroleum (£33.9M or 25.1%), Other Electrical Machinery (£865k or 1.79k%), and Valves (£148k or 212%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)£-35.2M(-53.9%)
IMPORT GROWTH (June 2023 - June 2024)£135M(122%)
MAIN EXPORTER (June 2024)London Heathrow Airport£9.78M

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

To check Kuwait and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Kuwait and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $968M to Kuwait. The main products exported from United Kingdom to Kuwait were Cars ($228M), Gas Turbines ($41.6M), and Packaged Medicaments ($41.6M). During the last 5 years the exports of United Kingdom to Kuwait have increased at an annualized rate of 2.75%, from $845M in 2017 to $968M in 2022.

In 2017, Kuwait exported $2.22B to United Kingdom. The main products exported from Kuwait to United Kingdom were Refined Petroleum ($2.17B), Ethylene Polymers ($23.9M), and Aircraft Parts ($3.82M). During the last 5 years the exports of Kuwait to United Kingdom have increased at an annualized rate of 17.9%, from $974M in 2022 to $2.22B in 2017.

Exports from United Kingdom (Flag) to Kuwait (Flag) (2022)

Exports from Kuwait (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$61.8B
Kuwait
Top DestinationChina$24.3B

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

In 2022, countries that imported more from United Kingdom than Kuwait included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

In 2022, countries that imported more from Kuwait than United Kingdom included India ($15B), Chinese Taipei ($7.34B), and South Korea ($10.8B).

Difference in imports from Kuwait (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Kuwait

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Kuwait in the exports of Transportation ($263M), Machines ($191M), and Chemical Products ($106M).

During 2017, Kuwait had a large net trade with United Kingdom in the exports of Mineral Products ($2.17B), Plastics and Rubbers ($24.1M), and Machines ($8.21M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Kuwait+$42.2MCars
Top Product Potential Kuwait United Kingdom+$15.2MEthylene 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.

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Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Kuwait (Flag) (2022)

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