South Korea-Kuwait Trade: In 2022, South Korea exported $554M to Kuwait. The main products that South Korea exported to Kuwait were Cars ($127M), High-voltage Protection Equipment ($29.7M), and Electrical Transformers ($29.3M). Over the past 5 years the exports of South Korea to Kuwait have decreased at an annualized rate of 14.4%, from $1.21B in 2017 to $554M in 2022.
In 2005, South Korea exported services to Kuwait worth $1.03B, with Services not allocated ($995M), Transportation ($29.8M), and Other business services ($6.7M) being the largest in terms of value.
Kuwait-South Korea In N/A, Kuwait did not export any products to South Korea.
In 2022, Kuwait did not export any services to South Korea.
Comparison: In 2022, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B). That same year, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).