Kuwait (KWT) and Palestine (PSE) Trade | The Observatory of Economic Complexity

About

Kuwait-Palestine Trade: In 2022, Kuwait exported $15M to Palestine. The main products that Kuwait exported to Palestine were Aluminium Cans ($7.95M), Metal Stoppers ($948k), and Organic Composite Solvents ($941k). Over the past 5 years the exports of Kuwait to Palestine have increased at an annualized rate of 85.9%, from $675k in 2017 to $15M in 2022.

In 2022, Kuwait did not export any services to Palestine.

Palestine-Kuwait Trade: In 2022, Palestine exported $14.5M to Kuwait. The main products that Palestine exported to Kuwait were Pure Olive Oil ($9.91M), Building Stone ($1.26M), and Milling Stones ($1.13M). Over the past 5 years the exports of Palestine to Kuwait have increased at an annualized rate of 9.56%, from $9.19M in 2017 to $14.5M in 2022.

In 2022, Palestine 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, Palestine ranked 150 in total exports ($1.61B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Kuwait exported $15M to Palestine. The main products exported from Kuwait to Palestine were Aluminium Cans ($7.95M), Metal Stoppers ($948k), and Organic Composite Solvents ($941k). During the last 5 years the exports of Kuwait to Palestine have increased at an annualized rate of 85.9%, from $675k in 2017 to $15M in 2022.

In 2017, Palestine exported $14.5M to Kuwait. The main products exported from Palestine to Kuwait were Pure Olive Oil ($9.91M), Building Stone ($1.26M), and Milling Stones ($1.13M). During the last 5 years the exports of Palestine to Kuwait have increased at an annualized rate of 9.56%, from $9.19M in 2022 to $14.5M in 2017.

Exports from Kuwait () to Palestine () (2022)

Exports from Palestine () to Kuwait () (2022)

Latest Data

Trade between Kuwait () and Palestine ()

Kuwait Exports

Date

Palestine Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$24.3B

Palestine
Top DestinationIsrael$1.3B

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

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

In 2022, countries that imported more from Palestine than Kuwait included Israel ($1.3B), Malta ($202k), and Uzbekistan ($187k).

Difference in imports from Palestine () and Kuwait () (2022)

Comparative Advantage Kuwait - Palestine

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Kuwait had a large net trade with Palestine in the exports of Metals ($9.39M), Chemical Products ($1.75M), and Foodstuffs ($1.57M).

During 2017, Palestine had a large net trade with Kuwait in the exports of Animal and Vegetable Bi-Products ($9.95M), Stone And Glass ($2.47M), and Foodstuffs ($1.03M).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Kuwait () to Palestine () (2022)

Exports from Palestine () to Kuwait () (2022)

Latest Data

Trade between Kuwait () and Palestine ()

Kuwait Exports

Palestine Exports

Market Competitiveness

Difference in imports from Palestine () and Kuwait () (2022)

Comparative Advantage Kuwait - Palestine

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Kuwait () and Palestine () (2022)

Keep Exploring