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Pricing

2022
Flag → Flag
Exports $687kRnk 107 / 156
2022
Flag → Flag
Top Product $469kSodium or Potassium Peroxides
2022
Flag → Flag
Exports $538kRnk 47 / 109
2022
Flag → Flag
Top Product $460kSawn Wood
2022
Flag
Economic Complexity (ECI) ECI 0.44Rnk 46 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.42Rnk 124 / 133
2022
Flag  
GDP$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
 GDP$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH-17.4%CURRENT US$
Rnk 178 / 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$2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH-34.8%CURRENT US$
Rnk 180 / 186

About

Kuwait-Republic of the Congo Trade: In 2022, Kuwait exported $687k to Republic of the Congo. The main products that Kuwait exported to Republic of the Congo were Sodium or Potassium Peroxides ($469k), Organic Composite Solvents ($102k), and Interchangeable Tool Parts ($51.9k). Over the past 5 years the exports of Kuwait to Republic of the Congo have decreased at an annualized rate of 13.5%, from $1.42M in 2017 to $687k in 2022.

In 2022, Kuwait did not export any services to Republic of the Congo.

Republic of the Congo-Kuwait Trade: In 2022, Republic of the Congo exported $538k to Kuwait. The main products that Republic of the Congo exported to Kuwait were Sawn Wood ($460k), Other Animals ($32.2k), and Coffee ($16.6k). Over the past 5 years the exports of Republic of the Congo to Kuwait have decreased at an annualized rate of 0.65%,  from $556k in 2017 to $538k in 2022.

In 2022, Republic of the Congo 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, Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $687k to Republic of the Congo. The main products exported from Kuwait to Republic of the Congo were Sodium or Potassium Peroxides ($469k), Organic Composite Solvents ($102k), and Interchangeable Tool Parts ($51.9k). During the last 5 years the exports of Kuwait to Republic of the Congo have decreased at an annualized rate of 13.5%, from $1.42M in 2017 to $687k in 2022.

In 2017, Republic of the Congo exported $538k to Kuwait. The main products exported from Republic of the Congo to Kuwait were Sawn Wood ($460k), Other Animals ($32.2k), and Coffee ($16.6k). During the last 5 years the exports of Republic of the Congo to Kuwait have decreased at an annualized rate of 0.65%, from $556k in 2022 to $538k in 2017.

Exports from Kuwait (Flag) to Republic of the Congo (Flag) (2022)

Exports from Republic of the Congo (Flag) to Kuwait (Flag) (2022)

Latest Data

Trade between Kuwait (Flag) and Republic of the Congo (Flag)

Kuwait Exports

Republic of the Congo Exports

Market Competitiveness

Color
Kuwait
Top DestinationChina$24.3B
Republic of the Congo
Top DestinationChina$4.82B

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

In 2022, countries that imported more from Kuwait than Republic of the Congo included China ($24.3B), India ($15B), and South Korea ($10.8B).

In 2022, countries that imported more from Republic of the Congo than Kuwait included Greece ($307M), Italy ($589M), and Indonesia ($219M).

Difference in imports from Republic of the Congo (Flag) and Kuwait (Flag) (2022)

Comparative Advantage Kuwait - Republic of the Congo

Flow
Scale

This chart compares trade between Kuwait and Republic of the Congo by product, considering products traded by both, Kuwait and Republic of the Congo.

During 2022, Kuwait had a large net trade with Republic of the Congo in the exports of Chemical Products ($608k), Metals ($51.9k), and Mineral Products ($15.2k).

During 2017, Republic of the Congo had a large net trade with Kuwait in the exports of Wood Products ($460k), Animal Products ($32.2k), and Vegetable Products ($16.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kuwait Republic of the Congo+$40.2kRefined Petroleum
Top Product Potential Republic of the Congo Kuwait+$399kSawn Wood

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

Product Space of Kuwait (Flag) and Republic of the Congo (Flag) (2022)

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