2022
Flag  
GDP
$237BCURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP GROWTH
27%CURRENT US$
Rnk 105 / 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 
$88,046CURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP PC GROWTH
-10.2%CURRENT US$
Rnk 163 / 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

Qatar-Kuwait Trade: In 2022, Qatar exported $820M to Kuwait. The main products that Qatar exported to Kuwait were Iron Reductions ($601M), Valves ($78M), and Insulated Wire ($34.3M). Over the past 5 years the exports of Qatar to Kuwait have increased at an annualized rate of 10.6%, from $495M in 2017 to $820M in 2022.

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

Kuwait-Qatar Trade: In 2022, Kuwait exported $704M to Qatar. The main products that Kuwait exported to Qatar were Cars ($54.8M), Electrical Control Boards ($53M), and Prefabricated Buildings ($40.3M). Over the past 5 years the exports of Kuwait to Qatar have increased at an annualized rate of 13.8%,  from $369M in 2017 to $704M in 2022.

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

Comparison: In 2022,  Qatar ranked 71 in the Economic Complexity Index (ECI -0.15), and 38 in total exports ($119B). 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 2022, Qatar exported $820M to Kuwait. The main products exported from Qatar to Kuwait were Iron Reductions ($601M), Valves ($78M), and Insulated Wire ($34.3M). During the last 5 years the exports of Qatar to Kuwait have increased at an annualized rate of 10.6%, from $495M in 2017 to $820M in 2022.

In 2017, Kuwait exported $704M to Qatar. The main products exported from Kuwait to Qatar were Cars ($54.8M), Electrical Control Boards ($53M), and Prefabricated Buildings ($40.3M). During the last 5 years the exports of Kuwait to Qatar have increased at an annualized rate of 13.8%, from $369M in 2022 to $704M in 2017.

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

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

Latest Data

Trade between Qatar (Flag) and Kuwait (Flag)

Qatar Exports

Kuwait Exports

Market Competitiveness

Color
Qatar
Top Destination
China$21.1B
Kuwait
Top Destination
China$24.3B

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

In 2022, countries that imported more from Qatar than Kuwait included Belgium ($5.51B), United Kingdom ($7.5B), and Italy ($5.38B).

In 2022, countries that imported more from Kuwait than Qatar included Vietnam ($5.7B), Chinese Taipei ($7.34B), and China ($24.3B).

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

Comparative Advantage Qatar - Kuwait

Flow
Scale

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

During 2022, Qatar had a large net trade with Kuwait in the exports of Metals ($620M), Machines ($113M), and Chemical Products ($42.5M).

During 2017, Kuwait had a large net trade with Qatar in the exports of Machines ($109M), Foodstuffs ($97.3M), and Chemical Products ($81M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Qatar Kuwait+$4.11MRefined Petroleum
Top Product Potential Kuwait Qatar+$8.42MCars

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

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

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