2022
Flag  
GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 186
2022
Flag
 GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
GDP PC 
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 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

Israel-Kuwait Trade: In 2013, Israel exported $293k to Kuwait. The main products that Israel exported to Kuwait were N/A. Over the past 5 years the exports of Israel to Kuwait have decreased at an annualized rate of 34.7%, from $2.47M in 2008 to $293k in 2013.

In 2013, Israel did not export any services to Kuwait.

Kuwait-Israel Trade: In 2013, Kuwait exported $939 to Israel. The main products that Kuwait exported to Israel were N/A. Over the past 5 years the exports of Kuwait to Israel have decreased at an annualized rate of 44.7%,  from $18.2k in 2008 to $939 in 2013.

In 2013, Kuwait did not export any services to Israel.

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). 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 2013, Israel exported $293k to Kuwait. There were not main exports from Israel to Kuwait in 2013. During the last 5 years the exports of Israel to Kuwait have decreased at an annualized rate of 34.7%, from $2.47M in 2008 to $293k in 2013.

In 2007, Kuwait exported $939 to Israel. There were not main exports from Kuwait to Israel in 2007. During the last 5 years the exports of Kuwait to Israel have decreased at an annualized rate of 44.7%, from $18.2k in 2012 to $939 in 2007.

Exports from Israel (Flag) to Kuwait (Flag) (2013)

Exports from Kuwait (Flag) to Israel (Flag) (2013)

Latest Data

Trade between Israel (Flag) and Kuwait (Flag)

Israel Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Kuwait
Top Destination
China$24.3B

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

In 2022, countries that imported more from Israel than Kuwait included United States ($20.3B), Palestine ($4.6B), and Ireland ($3.86B).

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

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

Comparative Advantage Israel - Kuwait

Flow
Scale

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

During 2013, Israel had a large net trade with Kuwait in the exports of .

During 2007, Kuwait had a large net trade with Israel in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Kuwait+$4.89kTelephones
Top Product Potential Kuwait Israel+$9.75kCrude 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

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

Product Space of Israel (Flag) and Kuwait (Flag) (2013)

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