Egypt (EGY) and Kuwait (KWT) Trade | The Observatory of Economic Complexity

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Egypt-Kuwait Trade: In 2023, Egypt exported $437M to Kuwait. The main products that Egypt exported to Kuwait were Insulated Wire ($35.2M), Copper Wire ($27.5M), and Video Displays ($25.7M). Over the past 5 years the exports of Egypt to Kuwait have increased at an annualized rate of 0.35%, from $429M in 2018 to $437M in 2023.

In 2023, Egypt did not export any services to Kuwait.

Kuwait-Egypt Trade: In 2023, Kuwait exported $2.78B to Egypt. The main products that Kuwait exported to Egypt were Refined Petroleum ($1.57B), Crude Petroleum ($1.04B), and Cars ($60.6M). Over the past 5 years the exports of Kuwait to Egypt have increased at an annualized rate of 3.55%, from $2.33B in 2018 to $2.78B in 2023.

In 2023, Kuwait did not export any services to Egypt.

Comparison: In 2023, Egypt ranked 66 in the Economic Complexity Index (ECI -0.11), and 58 in total exports ($51.1B). That same year, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21), and 47 in total exports ($71B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Egypt exported $437M to Kuwait. The main products exported from Egypt to Kuwait were Insulated Wire ($35.2M), Copper Wire ($27.5M), and Video Displays ($25.7M). During the last 5 years the exports of Egypt to Kuwait have increased at an annualized rate of 0.35%, from $429M in 2018 to $437M in 2023.

In 2018, Kuwait exported $2.78B to Egypt. The main products exported from Kuwait to Egypt were Refined Petroleum ($1.57B), Crude Petroleum ($1.04B), and Cars ($60.6M). During the last 5 years the exports of Kuwait to Egypt have increased at an annualized rate of 3.55%, from $2.33B in 2023 to $2.78B in 2018.

Exports from Egypt () to Kuwait () (2023)

Exports from Kuwait () to Egypt () (2023)

Latest Data

Trade between Egypt () and Kuwait ()

Egypt Exports

Date

Kuwait Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Egypt
Top DestinationSaudi Arabia$5.31B

Kuwait
Top DestinationChina$17.4B

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

In 2023, countries that imported more from Egypt than Kuwait included Saudi Arabia ($5.31B), Turkey ($4.63B), and Italy ($2.9B).

In 2023, countries that imported more from Kuwait than Egypt included China ($17.4B), Japan ($9.13B), and India ($9.51B).

Difference in imports from Kuwait () and Egypt () (2023)

Comparative Advantage Egypt - Kuwait

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Egypt had a large net trade with Kuwait in the exports of Vegetable Products ($90.4M), Foodstuffs ($77.5M), and Machines ($66.8M).

During 2018, Kuwait had a large net trade with Egypt in the exports of Mineral Products ($2.67B), Transportation ($62.5M), and Chemical Products ($12.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Egypt Kuwait+$29.2MPetroleum Gas

Top Product Potential Kuwait Egypt+$175MRefined Petroleum

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Egypt () to Kuwait () (2023)

Exports from Kuwait () to Egypt () (2023)

Latest Data

Trade between Egypt () and Kuwait ()

Egypt Exports

Kuwait Exports

Market Competitiveness

Difference in imports from Kuwait () and Egypt () (2023)

Comparative Advantage Egypt - Kuwait

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Egypt () and Kuwait () (2023)

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