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2023
Flag → Flag
Exports $476kRnk 105 / 159
2023
Flag → Flag
Top Product $192kLiquid Pumps
2023
Flag → Flag
Exports $7.88MRnk 96 / 183
2023
Flag → Flag
Top Product $1.12MCoffee
2023
Flag
Economic Complexity (ECI) ECI 0.21Rnk 53 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.23Rnk 51 / 132
2023
Flag  
GDP$164BCURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP GROWTH-6.01%CURRENT US$
Rnk 178 / 195
2023
Flag
 GDP$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC $33,730CURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP PC GROWTH-32.1%CURRENT US$
Rnk 187 / 195
2023
Flag
GDP PC$6,947CURRENT US$
Rnk 104 / 196
2013-2023
Flag
GDP PC GROWTH-16.1%CURRENT US$
Rnk 173 / 195

About

Kuwait-Colombia Trade: In 2023, Kuwait exported $476k to Colombia. The main products that Kuwait exported to Colombia were Liquid Pumps ($192k), Gas and Liquid Flow Measuring Instruments ($164k), and Lubricating Products ($49k). Over the past 5 years the exports of Kuwait to Colombia have decreased at an annualized rate of 4.69%, from $605k in 2018 to $476k in 2023.

In 2023, Kuwait did not export any services to Colombia.

Colombia-Kuwait Trade: In 2023, Colombia exported $7.88M to Kuwait. The main products that Colombia exported to Kuwait were Coffee ($1.12M), Cut Flowers ($1.07M), and Tropical Fruits ($947k). Over the past 5 years the exports of Colombia to Kuwait have decreased at an annualized rate of 2.27%,  from $8.84M in 2018 to $7.88M in 2023.

In 2023, Colombia did not export any services to Kuwait.

Comparison: In 2023,  Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21), and 47 in total exports ($71B). That same year, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Kuwait exported $476k to Colombia. The main products exported from Kuwait to Colombia were Liquid Pumps ($192k), Gas and Liquid Flow Measuring Instruments ($164k), and Lubricating Products ($49k). During the last 5 years the exports of Kuwait to Colombia have decreased at an annualized rate of 4.69%, from $605k in 2018 to $476k in 2023.

In 2018, Colombia exported $7.88M to Kuwait. The main products exported from Colombia to Kuwait were Coffee ($1.12M), Cut Flowers ($1.07M), and Tropical Fruits ($947k). During the last 5 years the exports of Colombia to Kuwait have decreased at an annualized rate of 2.27%, from $8.84M in 2023 to $7.88M in 2018.

Exports from Kuwait (Flag) to Colombia (Flag) (2023)

Exports from Colombia (Flag) to Kuwait (Flag) (2023)

Latest Data

Trade between Kuwait (Flag) and Colombia (Flag)

Kuwait Exports

Colombia Exports

Market Competitiveness

Color
Kuwait
Top DestinationChina$17.4B
Colombia
Top DestinationUnited States$14.8B

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

In 2023, countries that imported more from Kuwait than Colombia included China ($17.4B), Japan ($9.13B), and India ($9.51B).

In 2023, countries that imported more from Colombia than Kuwait included United States ($14.8B), Panama ($4.66B), and Ecuador ($2.19B).

Difference in imports from Colombia (Flag) and Kuwait (Flag) (2023)

Comparative Advantage Kuwait - Colombia

Flow
Scale

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

During 2023, Kuwait had a large net trade with Colombia in the exports of Machines ($194k), Instruments ($164k), and Chemical Products ($84.5k).

During 2018, Colombia had a large net trade with Kuwait in the exports of Vegetable Products ($4.06M), Textiles ($1.62M), and Chemical Products ($715k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Kuwait and Colombia. This means that a dot/product with the flag of Kuwait indicates it has a comparative advantage over Colombia. Similarly, a dot/product with the flag of Colombia indicates it has a comparative advantage over Kuwait.

Product Space of Kuwait (Flag) and Colombia (Flag) (2023)

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