2023
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GDP
$164BCURRENT US$
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2013-2023
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GDP GROWTH
-6.01%CURRENT US$
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2023
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 GDP
$164BCURRENT US$
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2013-2023
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GDP GROWTH
244%CURRENT US$
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2023
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GDP PC 
$33,730CURRENT US$
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2013-2023
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GDP PC GROWTH
-32.1%CURRENT US$
Rnk 187 / 195
2023
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GDP PC
$1,272CURRENT US$
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2013-2023
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GDP PC GROWTH
163%CURRENT US$
Rnk 3 / 195

About

Kuwait-Ethiopia Trade: In 2023, Kuwait exported $1.33B to Ethiopia. The main products that Kuwait exported to Ethiopia were Refined Petroleum ($1.33B), Used Clothing ($932k), and Ethylene Polymers ($427k). Over the past 5 years the exports of Kuwait to Ethiopia have increased at an annualized rate of 4.36%, from $1.07B in 2018 to $1.33B in 2023.

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

Ethiopia-Kuwait Trade: In 2023, Ethiopia exported $9.11M to Kuwait. The main products that Ethiopia exported to Kuwait were Coffee ($4.11M), Horses ($1.76M), and Cut Flowers ($1.14M). Over the past 5 years the exports of Ethiopia to Kuwait have increased at an annualized rate of 13.5%,  from $4.84M in 2018 to $9.11M in 2023.

In 2023, Ethiopia 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, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Kuwait exported $1.33B to Ethiopia. The main products exported from Kuwait to Ethiopia were Refined Petroleum ($1.33B), Used Clothing ($932k), and Ethylene Polymers ($427k). During the last 5 years the exports of Kuwait to Ethiopia have increased at an annualized rate of 4.36%, from $1.07B in 2018 to $1.33B in 2023.

In 2018, Ethiopia exported $9.11M to Kuwait. The main products exported from Ethiopia to Kuwait were Coffee ($4.11M), Horses ($1.76M), and Cut Flowers ($1.14M). During the last 5 years the exports of Ethiopia to Kuwait have increased at an annualized rate of 13.5%, from $4.84M in 2023 to $9.11M in 2018.

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

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

Latest Data

Trade between Kuwait (Flag) and Ethiopia (Flag)

Kuwait Exports

Ethiopia Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$17.4B
Ethiopia
Top Destination
United States$487M

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

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

In 2023, countries that imported more from Ethiopia than Kuwait included Djibouti ($155M), Somalia ($142M), and South Korea ($116M).

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

Comparative Advantage Kuwait - Ethiopia

Flow
Scale

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

During 2023, Kuwait had a large net trade with Ethiopia in the exports of Mineral Products ($1.33B), Textiles ($933k), and Plastics and Rubbers ($584k).

During 2018, Ethiopia had a large net trade with Kuwait in the exports of Vegetable Products ($6.39M), Animal Products ($2.11M), and Foodstuffs ($331k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kuwait Ethiopia+$718kEthylene Polymers
Top Product Potential Ethiopia Kuwait+$3.17MCoffee

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

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

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