2022
Flag  
GDP
$192BCURRENT US$
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2012-2022
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GDP GROWTH
-8.2%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 
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
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GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 186
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

Algeria-Kuwait Trade: In 2022, Algeria exported $3.08M to Kuwait. The main products that Algeria exported to Kuwait were Hydrogen ($1.92M), Other Vegetables ($660k), and Margarine ($199k). Over the past 5 years the exports of Algeria to Kuwait have decreased at an annualized rate of 47.9%, from $80M in 2017 to $3.08M in 2022.

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

Kuwait-Algeria Trade: In 2022, Kuwait exported $24.8M to Algeria. The main products that Kuwait exported to Algeria were Ethylene Polymers ($11.6M), Sodium or Potassium Peroxides ($9.93M), and Acrylic Polymers ($936k). Over the past 5 years the exports of Kuwait to Algeria have increased at an annualized rate of 4.99%,  from $19.4M in 2017 to $24.8M in 2022.

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

Comparison: In 2022,  Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B). 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, Algeria exported $3.08M to Kuwait. The main products exported from Algeria to Kuwait were Hydrogen ($1.92M), Other Vegetables ($660k), and Margarine ($199k). During the last 5 years the exports of Algeria to Kuwait have decreased at an annualized rate of 47.9%, from $80M in 2017 to $3.08M in 2022.

In 2017, Kuwait exported $24.8M to Algeria. The main products exported from Kuwait to Algeria were Ethylene Polymers ($11.6M), Sodium or Potassium Peroxides ($9.93M), and Acrylic Polymers ($936k). During the last 5 years the exports of Kuwait to Algeria have increased at an annualized rate of 4.99%, from $19.4M in 2022 to $24.8M in 2017.

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

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

Latest Data

Trade between Algeria (Flag) and Kuwait (Flag)

Algeria Exports

Kuwait Exports

Market Competitiveness

Color
Algeria
Top Destination
Italy$16.9B
Kuwait
Top Destination
China$24.3B

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

In 2022, countries that imported more from Algeria than Kuwait included Italy ($16.9B), Spain ($7.11B), and France ($6.99B).

In 2022, countries that imported more from Kuwait than Algeria included China ($24.3B), India ($15B), and Japan ($8.64B).

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

Comparative Advantage Algeria - Kuwait

Flow
Scale

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

During 2022, Algeria had a large net trade with Kuwait in the exports of Chemical Products ($1.92M), Vegetable Products ($703k), and Animal and Vegetable Bi-Products ($201k).

During 2017, Kuwait had a large net trade with Algeria in the exports of Plastics and Rubbers ($12.5M), Chemical Products ($10.1M), and Textiles ($1.39M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Algeria Kuwait+$134kTropical Fruits
Top Product Potential Kuwait Algeria+$2.56MEthylene Polymers

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

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

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