2022
Flag  
GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
 GDP
$22BCURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP GROWTH
-49.1%CURRENT US$
Rnk 185 / 186
2022
Flag
GDP PC 
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186
2022
Flag
GDP PC
$31,618CURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP PC GROWTH
-57.3%CURRENT US$
Rnk 184 / 186

About

Kuwait-Macau Trade: In 2021, Kuwait exported $2.49k to Macau. The main products that Kuwait exported to Macau were N/A. Over the past 18 years the exports of Kuwait to Macau have increased at an annualized rate of 0.48%, from $2.29k in 2003 to $2.49k in 2021.

In 2021, Kuwait did not export any services to Macau.

Macau-Kuwait Trade: In 2021, Macau exported $2.28M to Kuwait. The main products that Macau exported to Kuwait were Knit Men's Undergarments ($1.04M), Knit Active Wear ($750k), and Non-Knit Women's Suits ($191k). Over the past 18 years the exports of Macau to Kuwait have increased at an annualized rate of 67.8%,  from $171k in 2003 to $2.28M in 2021.

In 2021, Macau did not export any services to Kuwait.

Comparison In 2022,  Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44),  and 42 in total exports ($101B). That same year, Macau ranked 146 in total exports ($1.88B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Kuwait exported $2.49k to Macau. There were not main exports from Kuwait to Macau in 2021. During the last 18 years the exports of Kuwait to Macau have increased at an annualized rate of 0.48%, from $2.29k in 2003 to $2.49k in 2021.

In 2017, Macau exported $2.28M to Kuwait. The main products exported from Macau to Kuwait were Knit Men's Undergarments ($1.04M), Knit Active Wear ($750k), and Non-Knit Women's Suits ($191k). During the last 5 years the exports of Macau to Kuwait have increased at an annualized rate of 67.8%, from $171k in 2022 to $2.28M in 2017.

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

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

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Macau
Top Destination
Hong Kong$1.22B

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

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

In 2022, countries that imported more from Macau than Kuwait included Hong Kong ($1.22B), Israel ($37.4M), and Switzerland ($56.4M).

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

Comparative Advantage Kuwait - Macau

Flow
Scale

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

During 2021, Kuwait had a large net trade with Macau in the exports of .

During 2017, Macau had a large net trade with Kuwait in the exports of Textiles ($2.16M), Footwear and Headwear ($47.9k), and Stone And Glass ($38k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with