2022
Flag  
GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
12.7%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 GROWTH
6.04%CURRENT US$
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2022
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GDP PC 
$15,356CURRENT US$
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2012-2022
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GDP PC GROWTH
-0.33%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

Chile-Kuwait In 2022, Chile exported $6.41M to Kuwait. The main products that Chile exported to Kuwait are Other Nuts ($2.34M), Sowing Seeds ($619k), and Mixed Mineral or Chemical Fertilizers ($498k). During the last 27 years the exports of Chile to Kuwait have increased at an annualized rate of 2.93%, from $2.94M in 1995 to $6.41M in 2022.

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

Kuwait-Chile In 2022, Kuwait exported $28.4k to Chile. The main products that Kuwait exported to Chile were Sodium or Potassium Peroxides ($22.1k), Perfumes ($1.56k), and Used Clothing ($1.07k). During the last 27 years the exports of Kuwait to Chile have decreased at an annualized rate of 0.39%, from $31.6k in 1995 to $28.4k in 2022.

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

Comparison In 2022,  Chile ranked 71 in the Economic Complexity Index (ECI -0.22), and 44 in total exports ($99B). That same year, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.16), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $6.41M to Kuwait. The main products exported from Chile to Kuwait were Other Nuts ($2.34M), Sowing Seeds ($619k), and Mixed Mineral or Chemical Fertilizers ($498k). During the last 27 years the exports of Chile to Kuwait have increased at an annualized rate of 2.93%, from $2.94M in 1995 to $6.41M in 2022.

In 2022, Kuwait exported $28.4k to Chile. The main products exported from Kuwait to Chile were Sodium or Potassium Peroxides ($22.1k), Perfumes ($1.56k), and Used Clothing ($1.07k). During the last 27 years the exports of Kuwait to Chile have decreased at an annualized rate of 0.39%, from $31.6k in 1995 to $28.4k in 2022.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Kuwait
Top Destination
China$24.3B

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

In 2021, countries that imported more from Chile than Kuwait were China ($38.5B), United States ($13.9B), and Brazil ($4.55B).

In 2021, countries that imported more from Kuwait than Chile were India ($15B), Chinese Taipei ($7.34B), and Vietnam ($5.7B).

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

Comparative Advantage Chile - Kuwait

Flow
Scale

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

During 2022, Chile had a large net trade with Kuwait in the exports of Vegetable Products ($4.61M), Chemical Products ($781k), and Foodstuffs ($656k).

During 2022, Kuwait had a large net trade with Chile in the exports of Chemical Products ($25k), Textiles ($1.19k), and Transportation ($906).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Chile has comparative advantage over Kuwait. Similarly, the more yellow a dot/product is, the more Kuwait has comparative advantage over Chile.

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

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