2022
Flag  
GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
 GDP
$107BCURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP GROWTH
-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC 
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186
2022
Flag
GDP PC
$2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH
-39.6%CURRENT US$
Rnk 182 / 186

About

Kuwait-Angola Trade: In 2022, Kuwait exported $4.37M to Angola. The main products that Kuwait exported to Angola were Ethylene Polymers ($1.85M), Large Construction Vehicles ($1.53M), and Cellulose ($230k). Over the past 5 years the exports of Kuwait to Angola have decreased at an annualized rate of 2.66%, from $5.01M in 2017 to $4.37M in 2022.

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

Angola-Kuwait Trade: In 2022, Angola exported $21.1M to Kuwait. The main products that Angola exported to Kuwait were Valves ($6.06M), Vaccines, blood, antisera, toxins and cultures ($5.12M), and Other Construction Vehicles ($2.96M). Over the past 5 years the exports of Angola to Kuwait have decreased at an annualized rate of 16.1%,  from $50.8M in 2017 to $21.1M in 2022.

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

Comparison: In 2022,  Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $4.37M to Angola. The main products exported from Kuwait to Angola were Ethylene Polymers ($1.85M), Large Construction Vehicles ($1.53M), and Cellulose ($230k). During the last 5 years the exports of Kuwait to Angola have decreased at an annualized rate of 2.66%, from $5.01M in 2017 to $4.37M in 2022.

In 2017, Angola exported $21.1M to Kuwait. The main products exported from Angola to Kuwait were Valves ($6.06M), Vaccines, blood, antisera, toxins and cultures ($5.12M), and Other Construction Vehicles ($2.96M). During the last 5 years the exports of Angola to Kuwait have decreased at an annualized rate of 16.1%, from $50.8M in 2022 to $21.1M in 2017.

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

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

Latest Data

Trade between Kuwait (Flag) and Angola (Flag)

Kuwait Exports

Angola Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Angola
Top Destination
China$21.8B

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

In 2022, countries that imported more from Kuwait than Angola included South Korea ($10.8B), India ($15B), and Japan ($8.64B).

In 2022, countries that imported more from Angola than Kuwait included Netherlands ($3.91B), France ($3.8B), and Spain ($1.99B).

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

Comparative Advantage Kuwait - Angola

Flow
Scale

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

During 2022, Kuwait had a large net trade with Angola in the exports of Plastics and Rubbers ($2.12M), Machines ($1.68M), and Chemical Products ($289k).

During 2017, Angola had a large net trade with Kuwait in the exports of Machines ($10.1M), Chemical Products ($7.56M), and Miscellaneous ($849k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kuwait Angola+$856kEthylene Polymers
Top Product Potential Angola Kuwait+$81.9kPackaged Medicaments

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

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

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