Kuwait (KWT) and Egypt (EGY) Trade | The Observatory of Economic Complexity

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Kuwait-Egypt Trade: In 2022, Kuwait exported $1.06B to Egypt. The main products that Kuwait exported to Egypt were Crude Petroleum ($1.92B), Refined Petroleum ($624M), and Cars ($118M). Over the past 5 years the exports of Kuwait to Egypt have increased at an annualized rate of 166%, from $7.92M in 2017 to $1.06B in 2022.

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

Egypt-Kuwait Trade: In 2022, Egypt exported $456M to Kuwait. The main products that Egypt exported to Kuwait were Insulated Wire ($158M), Petroleum Gas ($96.5M), and Video Displays ($73.9M). Over the past 5 years the exports of Egypt to Kuwait have increased at an annualized rate of 93.3%, from $16.9M in 2017 to $456M in 2022.

In 2022, Egypt 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, Egypt ranked 69 in the Economic Complexity Index (ECI -0.1), and 59 in total exports ($53.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Kuwait exported $1.06B to Egypt. The main products exported from Kuwait to Egypt were Crude Petroleum ($1.92B), Refined Petroleum ($624M), and Cars ($118M). During the last 5 years the exports of Kuwait to Egypt have increased at an annualized rate of 166%, from $7.92M in 2017 to $1.06B in 2022.

In 2017, Egypt exported $456M to Kuwait. The main products exported from Egypt to Kuwait were Insulated Wire ($158M), Petroleum Gas ($96.5M), and Video Displays ($73.9M). During the last 22 years the exports of Egypt to Kuwait have increased at an annualized rate of 93.3%, from $16.9M in 1995 to $456M in 2017.

Exports from Kuwait () to Egypt () (2022)

Exports from Egypt () to Kuwait () (2022)

Latest Data

Trade between Kuwait () and Egypt ()

Kuwait Exports

Date

Egypt Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$24.3B

Egypt
Top DestinationTurkey$4.23B

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

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

In 2022, countries that imported more from Egypt than Kuwait included Turkey ($4.23B), Italy ($3.32B), and Spain ($3B).

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

Comparative Advantage Kuwait - Egypt

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Kuwait had a large net trade with Egypt in the exports of Mineral Products ($2.57B), Transportation ($134M), and Chemical Products ($67.1M).

During 2017, Egypt had a large net trade with Kuwait in the exports of Machines ($252M), Vegetable Products ($221M), and Foodstuffs ($176M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kuwait Egypt+$175MRefined Petroleum

Top Product Potential Egypt Kuwait+$29.2MPetroleum Gas

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Kuwait () to Egypt () (2022)

Exports from Egypt () to Kuwait () (2022)

Latest Data

Trade between Kuwait () and Egypt ()

Kuwait Exports

Egypt Exports

Market Competitiveness

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

Comparative Advantage Kuwait - Egypt

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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