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2022
Flag → Flag
Exports $3.43BRnk 8 / 156
2022
Flag → Flag
Top Product $1.68BRefined Petroleum
2022
Flag → Flag
Exports $13BRnk 9 / 219
2022
Flag → Flag
Top Product $2.63BGold
2022
Flag
Economic Complexity (ECI) ECI 0.44Rnk 46 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag  
GDP$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
 GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH32%CURRENT US$
Rnk 93 / 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$53,758CURRENT US$
Rnk 16 / 186
2012-2022
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GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186

About

Kuwait-United Arab Emirates Trade: In 2022, Kuwait exported $3.43B to United Arab Emirates. The main products that Kuwait exported to United Arab Emirates were Refined Petroleum ($1.68B), Cars ($427M), and Delivery Trucks ($147M). Over the past 5 years the exports of Kuwait to United Arab Emirates have increased at an annualized rate of 11.1%, from $2.02B in 2017 to $3.43B in 2022.

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

United Arab Emirates-Kuwait Trade: In 2022, United Arab Emirates exported $13B to Kuwait. The main products that United Arab Emirates exported to Kuwait were Gold ($2.63B), Jewellery ($2.43B), and Air Conditioners ($703M). Over the past 5 years the exports of United Arab Emirates to Kuwait have increased at an annualized rate of 27.4%,  from $3.87B in 2017 to $13B in 2022.

In 2022, United Arab Emirates 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, United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $3.43B to United Arab Emirates. The main products exported from Kuwait to United Arab Emirates were Refined Petroleum ($1.68B), Cars ($427M), and Delivery Trucks ($147M). During the last 5 years the exports of Kuwait to United Arab Emirates have increased at an annualized rate of 11.1%, from $2.02B in 2017 to $3.43B in 2022.

In 2017, United Arab Emirates exported $13B to Kuwait. The main products exported from United Arab Emirates to Kuwait were Gold ($2.63B), Jewellery ($2.43B), and Air Conditioners ($703M). During the last 5 years the exports of United Arab Emirates to Kuwait have increased at an annualized rate of 27.4%, from $3.87B in 2022 to $13B in 2017.

Exports from Kuwait (Flag) to United Arab Emirates (Flag) (2022)

Exports from United Arab Emirates (Flag) to Kuwait (Flag) (2022)

Latest Data

Trade between Kuwait (Flag) and United Arab Emirates (Flag)

Kuwait Exports

United Arab Emirates Exports

Market Competitiveness

Color
Kuwait
Top DestinationChina$24.3B
United Arab Emirates
Top DestinationIndia$51B

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

In 2022, countries that imported more from Kuwait than United Arab Emirates included Vietnam ($5.7B), Chinese Taipei ($7.34B), and Iceland ($111M).

In 2022, countries that imported more from United Arab Emirates than Kuwait included India ($51B), Japan ($40.9B), and Saudi Arabia ($27.8B).

Difference in imports from United Arab Emirates (Flag) and Kuwait (Flag) (2022)

Comparative Advantage Kuwait - United Arab Emirates

Flow
Scale

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

During 2022, Kuwait had a large net trade with United Arab Emirates in the exports of Mineral Products ($1.75B), Transportation ($705M), and Machines ($287M).

During 2017, United Arab Emirates had a large net trade with Kuwait in the exports of Precious Metals ($5.07B), Machines ($1.71B), and Metals ($1.6B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kuwait United Arab Emirates+$14.7MEthylene Polymers
Top Product Potential United Arab Emirates Kuwait+$32.3MCars

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 Kuwait and United Arab Emirates. This means that a dot/product with the flag of Kuwait indicates it has a comparative advantage over United Arab Emirates. Similarly, a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Kuwait.

Product Space of Kuwait (Flag) and United Arab Emirates (Flag) (2022)

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