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2022
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GDP$1.68TCURRENT US$
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2012-2022
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GDP GROWTH8.3%CURRENT US$
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2022
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 GDP$185BCURRENT US$
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2012-2022
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GDP GROWTH6.04%CURRENT US$
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2022
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GDP PC $64,491CURRENT US$
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2012-2022
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GDP PC GROWTH-5.23%CURRENT US$
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2022
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GDP PC$43,233CURRENT US$
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2012-2022
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GDP PC GROWTH-15.7%CURRENT US$
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About

Australia-Kuwait Trade: In 2022, Australia exported $500M to Kuwait. The main products that Australia exported to Kuwait were Concentrated Milk ($173M), Barley ($154M), and Wheat ($136M). Over the past 5 years the exports of Australia to Kuwait have increased at an annualized rate of 55.6%, from $54.7M in 2017 to $500M in 2022.

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

Kuwait-Australia In N/A, Kuwait did not export any products to Australia.

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

Comparison: In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). 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

N/A

N/A

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

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

Latest Data

Trade between Australia (Flag) and Kuwait (Flag)

Australia Exports

Kuwait Exports

Market Competitiveness

Color
Australia
Top DestinationChina$123B
Kuwait
Top DestinationChina$24.3B

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

In 2022, countries that imported more from Australia than Kuwait included China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2022, countries that imported more from Kuwait than Australia included Pakistan ($3.97B), Egypt ($2.84B), and Saudi Arabia ($2.75B).

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

Comparative Advantage Australia - Kuwait

Flow
Scale

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

During 2022, Australia had a large net trade with Kuwait in the exports of Vegetable Products ($334M), Animal Products ($281M), and Foodstuffs ($15.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Australia Kuwait+N/AN/A
Top Product Potential Kuwait Australia+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

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

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