Kuwait (KWT) and China (CHN) Trade | The Observatory of Economic Complexity

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Kuwait-China In 2022, Kuwait exported $24.3B to China. The main products that Kuwait exported to China are Crude Petroleum ($21.3B), Sulfonated, Nitrated or Nitrosated Hydrocarbons ($720M), and Petroleum Gas ($536M). During the last 27 years the exports of Kuwait to China have increased at an annualized rate of 22.2%, from $108M in 1995 to $24.3B in 2022.

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

China-Kuwait In 2022, China exported $10.2B to Kuwait. The main products that China exported to Kuwait were Cars ($1.09B), Broadcasting Equipment ($938M), and Iron Pipes ($598M). During the last 27 years the exports of China to Kuwait have increased at an annualized rate of 18.5%, from $105M in 1995 to $10.2B in 2022.

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

Comparison In 2022, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.16), and 42 in total exports ($101B). That same year, China ranked 24 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Kuwait exported $24.3B to China. The main products exported from Kuwait to China were Crude Petroleum ($21.3B), Sulfonated, Nitrated or Nitrosated Hydrocarbons ($720M), and Petroleum Gas ($536M). During the last 27 years the exports of Kuwait to China have increased at an annualized rate of 22.2%, from $108M in 1995 to $24.3B in 2022.

In 2022, China exported $10.2B to Kuwait. The main products exported from China to Kuwait were Cars ($1.09B), Broadcasting Equipment ($938M), and Iron Pipes ($598M). During the last 27 years the exports of China to Kuwait have increased at an annualized rate of 18.5%, from $105M in 1995 to $10.2B in 2022.

Exports from Kuwait () to China () (2022)

Exports from China () to Kuwait () (2022)

Latest Data

Trade between Kuwait () and China ()

Kuwait Exports

Date

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationN/AN/A

China
Top DestinationN/AN/A

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

N/A

Difference in imports from China () and Kuwait () (2022)

Comparative Advantage Kuwait - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Kuwait had a large net trade with China in the exports of Mineral Products ($22.1B), Chemical Products ($1.59B), and Plastics and Rubbers ($484M).

During 2022, China had a large net trade with Kuwait in the exports of Machines ($3.53B), Metals ($1.44B), and Transportation ($1.33B).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Kuwait has comparative advantage over China. Similarly, the more yellow a dot/product is, the more China has comparative advantage over Kuwait.

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Historical Data

Bilateral Trade by Products

Exports from Kuwait () to China () (2022)

Exports from China () to Kuwait () (2022)

Latest Data

Trade between Kuwait () and China ()

Kuwait Exports

China Exports

Market Competitiveness

Difference in imports from China () and Kuwait () (2022)

Comparative Advantage Kuwait - China

Economic Complexity

Competitive Landscape

Product Space of Kuwait () and China () (2022)

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