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2023
Flag → Flag
Exports $932MRnk 50 / 223
2023
Flag → Flag
Top Product $229MCars
2023
Flag → Flag
Exports $3.31BRnk 5 / 159
2023
Flag → Flag
Top Product $3.28BRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.21Rnk 53 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
 GDP$164BCURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP GROWTH-6.01%CURRENT US$
Rnk 178 / 195
2023
Flag
GDP PC $49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC$33,730CURRENT US$
Rnk 39 / 196
2013-2023
Flag
GDP PC GROWTH-32.1%CURRENT US$
Rnk 187 / 195

About

United Kingdom-Kuwait Trade: In 2023, United Kingdom exported $932M to Kuwait. The main products that United Kingdom exported to Kuwait were Cars ($229M), Gas Turbines ($120M), and Packaged Medicaments ($65.5M). Over the past 5 years the exports of United Kingdom to Kuwait have increased at an annualized rate of 1.19%, from $879M in 2018 to $932M in 2023.

In 2023, United Kingdom did not export any services to Kuwait.

Kuwait-United Kingdom Trade: In 2023, Kuwait exported $3.31B to United Kingdom. The main products that Kuwait exported to United Kingdom were Refined Petroleum ($3.28B), Ethylene Polymers ($12.7M), and Cars ($1.44M). Over the past 5 years the exports of Kuwait to United Kingdom have increased at an annualized rate of 37.3%,  from $677M in 2018 to $3.31B in 2023.

In 2023, Kuwait did not export any services to United Kingdom.

Comparison: In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). That same year, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21), and 47 in total exports ($71B).

Latest Trends

November, 2024

About

Overview In November 2024, United Kingdom exported £43.7M and imported £208M from Kuwait, resulting in a negative trade balance of £164M. Between November 2023 and November 2024 the exports of United Kingdom have decreased by £-40.2M (-47.9%) from £83.9M to £43.7M, while imports decreased by £-109M (-34.5%) from £317M to £208M.

Trade In November 2024, the top exports of United Kingdom to Kuwait were Cars (£14.4M), Packaged Medicaments (£1.62M), Non-Knit Women's Suits (£1.37M), Chocolate (£1.2M), and Special purpose motor vehicles (£1.15M). In November 2024 the top imports of United Kingdom from Kuwait were Refined Petroleum (£169M), Ethylene Polymers (£1.59M), Other Electrical Machinery (£913k), Aircraft parts for spacecraft, UAVs, and... (£229k), and Valves (£217k).

Origins In November 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£18.4M), London Gateway (£8.18M), Southampton (£7.82M), East Midlands Airport (£2.8M), and London Stansted Airport (£2.14M), while imports destinations were mainly Avonmouth (£71.9M), Milford (£55.1M), Medway (£43M), London (£35.8M), and Felixstowe (£851k).

Growth In November 2024, the decrease in United Kingdom's year-by-year exports to Kuwait was explained primarily by an decrease in product exports in Felt or Coated Fabric Garments (£-519k or -91.5%), Gas and Liquid Flow Measuring Instruments (£-426k or -55.2%), and Electrical Ignitions (£-373k or -98.1%). In November 2024, the decrease in United Kingdom's year-by-year imports  from Kuwait was explained primarily by an decrease in product imports  in Ethylene Polymers (£-1.04M or -39.5%), Seats (£-66k or -98.7%), and Compasses (£-47.4k or -48.6%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)£-40.2M(-47.9%)
IMPORT GROWTH (November 2023 - November 2024)£-109M(-34.5%)
MAIN EXPORTER (November 2024)London Heathrow Airport£18.4M

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Kuwait and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Kuwait and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $932M to Kuwait. The main products exported from United Kingdom to Kuwait were Cars ($229M), Gas Turbines ($120M), and Packaged Medicaments ($65.5M). During the last 5 years the exports of United Kingdom to Kuwait have increased at an annualized rate of 1.19%, from $879M in 2018 to $932M in 2023.

In 2018, Kuwait exported $3.31B to United Kingdom. The main products exported from Kuwait to United Kingdom were Refined Petroleum ($3.28B), Ethylene Polymers ($12.7M), and Cars ($1.44M). During the last 5 years the exports of Kuwait to United Kingdom have increased at an annualized rate of 37.3%, from $677M in 2023 to $3.31B in 2018.

Exports from United Kingdom (Flag) to Kuwait (Flag) (2023)

Exports from Kuwait (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Kuwait
Top DestinationChina$17.4B

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

In 2023, countries that imported more from United Kingdom than Kuwait included United States ($59.7B), Germany ($34.6B), and Netherlands ($29.8B).

In 2023, countries that imported more from Kuwait than United Kingdom included Japan ($9.13B), Chinese Taipei ($4.74B), and India ($9.51B).

Difference in imports from Kuwait (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Kuwait

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Kuwait in the exports of Transportation ($281M), Machines ($240M), and Chemical Products ($122M).

During 2018, Kuwait had a large net trade with United Kingdom in the exports of Mineral Products ($3.28B), Plastics and Rubbers ($12.7M), and Machines ($3.28M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Kuwait+$42.2MCars
Top Product Potential Kuwait United Kingdom+$15.2MEthylene 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 United Kingdom and Kuwait. This means that a dot/product with the flag of United Kingdom indicates it has a comparative advantage over Kuwait. Similarly, a dot/product with the flag of Kuwait indicates it has a comparative advantage over United Kingdom.

Product Space of United Kingdom (Flag) and Kuwait (Flag) (2023)

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