Flag Kuwait / India Flag

2019
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Exports
: $8.81B, Rnk 3 / 152

2019
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Top Product
: $4.51B, Crude Petroleum

2019
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Exports
: $1.6B, Rnk 43 / 219

2019
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Top Product
: $267M, Rice

2019
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Economic Complexity (ECI)
: ECI 0.13, Rnk 63 / 146

2019
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Economic Complexity (ECI)
: ECI 0.59, Rnk 44 / 146

2019
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GDP
: $135B, CURRENT US$
Rnk 57 / 187

2009-2019
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GDP GROWTH
: 27.1%, CURRENT US$
Rnk 132 / 187

2019
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 GDP
: $2.87T, CURRENT US$
Rnk 5 / 187

2009-2019
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GDP GROWTH
: 114%, CURRENT US$
Rnk 25 / 187

2019
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GDP PC 
: $32,000, CURRENT US$
Rnk 31 / 187

2009-2019
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GDP PC GROWTH
: -14.8%, CURRENT US$
Rnk 181 / 187

2019
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GDP PC
: $2,100, CURRENT US$
Rnk 142 / 187

2009-2019
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GDP PC GROWTH
: 90.5%, CURRENT US$
Rnk 19 / 187

Kuwait-India: In 2019, Kuwait exported $8.81B to India. The main products that Kuwait exported to India are Crude Petroleum ($4.51B), Planes, Helicopters, and/or Spacecraft ($2.4B), and Petroleum Gas ($720M). During the last 24 years the exports of Kuwait to India have increased at an annualized rate of 11.1%, from $711M in 1995 to $8.81B in 2019.

In 2019, Kuwait did not exported services to India.

India-Kuwait: In 2019, India exported $1.6B to Kuwait . The main products that India exported to Kuwait were Rice ($267M), Cars ($80.8M), and Jewellery ($59.1M). During the last 24 years the exports of India to Kuwait have increased at an annualized rate of 10.9%, from $134M in 1995 to $1.6B in 2019.

In 2019, India did not exported services to Kuwait.

Comparison: In 2019,  Kuwait ranked 63 in the Economic Complexity Index (ECI 0.13), and 49 in total exports ($59.8B). That same year, India ranked 44 in the Economic Complexity Index (ECI 0.59), and 15 in total exports ($330B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2019, Kuwait exported $8.81B to India. The main products exported from Kuwait to India were Crude Petroleum ($4.51B), Planes, Helicopters, and/or Spacecraft ($2.4B), and Petroleum Gas ($720M). During the last 24 years the exports of Kuwait to India have increased at an annualized rate of 11.1%, from $711M in 1995 to $8.81B in 2019.

In 2019, India exported $1.6B to Kuwait. The main products exported from India to Kuwait were Rice ($267M), Cars ($80.8M), and Jewellery ($59.1M). During the last 24 years the exports of India to Kuwait have increased at an annualized rate of 10.9%, from $134M in 1995 to $1.6B in 2019.

Market Competitiveness

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Measure

Kuwait
Top Destination
: China, $12.1B

India
Top Destination
: United States, $55.3B

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

In 2019, countries that imported more from Kuwait than India were South Korea ($9.58B), Chinese Taipei ($3.83B), and Japan ($6.12B).

In 2019, countries that imported more from India than Kuwait were United States ($55.3B), United Arab Emirates ($28.6B), and Hong Kong ($11.5B).

Comparative Advantage Kuwait - India

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Depth

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

During 2019, Kuwait had a large net trade with India in the exports of Mineral Products ($5.37B), Transportation ($2.41B), and Chemical Products ($822M).

During 2019, India had a large net trade with Kuwait in the exports of Vegetable Products ($396M), Machines ($279M), and Textiles ($161M).

Tariff Section

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This section shows import tariffs for products traded between Kuwait and India (using the HS6 product classification and the last year reported).

In 2018, the products from Kuwait that paid the highest import tariffs to enter India were Tobacco, unmanufactured, not stemmed or stripped (100%) and Tobacco, unmanufactured, stemmed or stripped (100%).

In 2018, the products from India that paid the highest import tariffs to enter Kuwait were Food preparations nes (150%) and Grape wines, sparkling (150%).

*The tariffs present between Kuwait and India are:
136: Most Favoured Nation duty rate treatement

Economic Complexity

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Competitive Landscape

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