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

About

Kuwait-Israel Trade: In 2012, Kuwait exported $939 to Israel. The main products that Kuwait exported to Israel were N/A. Over the past 9 years the exports of Kuwait to Israel have decreased at an annualized rate of 28.8%, from $20k in 2003 to $939 in 2012.

In 2012, Kuwait did not export any services to Israel.

Israel-Kuwait Trade: In 2012, Israel exported $293k to Kuwait. The main products that Israel exported to Kuwait were N/A. Over the past 9 years the exports of Israel to Kuwait have decreased at an annualized rate of 34.7%,  from $2.47M in 2003 to $293k in 2012.

In 2012, Israel 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, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2012, Kuwait exported $939 to Israel. There were not main exports from Kuwait to Israel in 2012. During the last 9 years the exports of Kuwait to Israel have decreased at an annualized rate of 28.8%, from $20k in 2003 to $939 in 2012.

In 2008, Israel exported $293k to Kuwait. There were not main exports from Israel to Kuwait in 2008. During the last 5 years the exports of Israel to Kuwait have decreased at an annualized rate of 34.7%, from $2.47M in 2013 to $293k in 2008.

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

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

Latest Data

Trade between Kuwait (Flag) and Israel (Flag)

Israel Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Kuwait - Israel

Flow
Scale

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

During 2012, Kuwait had a large net trade with Israel in the exports of .

During 2008, Israel had a large net trade with Kuwait in the exports of .

Potential Exports

Potential Exports

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

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

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

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