2022
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GDP
$185BCURRENT US$
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2012-2022
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GDP GROWTH
6.04%CURRENT US$
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2022
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 GDP
$264BCURRENT US$
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2012-2022
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GDP GROWTH
21.2%CURRENT US$
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2022
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GDP PC 
$43,233CURRENT US$
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2012-2022
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GDP PC GROWTH
-15.7%CURRENT US$
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2022
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GDP PC
$5,937CURRENT US$
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2012-2022
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GDP PC GROWTH
-7.77%CURRENT US$
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About

Kuwait-Iraq In 2022, Kuwait exported $762M to Iraq. The main products that Kuwait exported to Iraq are Delivery Trucks ($125M), Cars ($115M), and Concentrated Milk ($96.7M). During the last 21 years the exports of Kuwait to Iraq have increased at an annualized rate of 57.8%, from $52.6k in 2001 to $762M in 2022.

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

Iraq-Kuwait In 2022, Iraq exported $8.38M to Kuwait. The main products that Iraq exported to Kuwait were Refined Petroleum ($5.69M), Plastic Building Materials ($712k), and Cereal Straws ($570k). During the last 21 years the exports of Iraq to Kuwait have increased at an annualized rate of 0.52%, from $7.52M in 2001 to $8.38M in 2022.

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

Comparison In 2022,  Kuwait ranked 53 in the Economic Complexity Index (ECI 0.16), and 42 in total exports ($101B). That same year, Iraq ranked 104 in the Economic Complexity Index (ECI -0.99), and 36 in total exports ($123B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $762M to Iraq. The main products exported from Kuwait to Iraq were Delivery Trucks ($125M), Cars ($115M), and Concentrated Milk ($96.7M). During the last 21 years the exports of Kuwait to Iraq have increased at an annualized rate of 57.8%, from $52.6k in 2001 to $762M in 2022.

In 2022, Iraq exported $8.38M to Kuwait. The main products exported from Iraq to Kuwait were Refined Petroleum ($5.69M), Plastic Building Materials ($712k), and Cereal Straws ($570k). During the last 19 years the exports of Iraq to Kuwait have increased at an annualized rate of 0.52%, from $7.52M in 2003 to $8.38M in 2022.

Exports from Kuwait (Flag) to Iraq (Flag) (2022)

Exports from Iraq (Flag) to Kuwait (Flag) (2022)

Latest Data

Trade between Kuwait (Flag) and Iraq (Flag)

Kuwait Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Iraq
Top Destination
India$38.8B

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

In 2021, countries that imported more from Kuwait than Iraq were Japan ($8.64B), Chinese Taipei ($7.34B), and Vietnam ($5.7B).

In 2021, countries that imported more from Iraq than Kuwait were India ($38.8B), China ($34B), and United States ($10.3B).

Difference in imports from Iraq (Flag) and Kuwait (Flag) (2022)

Comparative Advantage Kuwait - Iraq

Flow
Scale

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

During 2022, Kuwait had a large net trade with Iraq in the exports of Animal Products ($280M), Transportation ($272M), and Chemical Products ($45.2M).

During 2022, Iraq had a large net trade with Kuwait in the exports of Mineral Products ($5.69M), Vegetable Products ($1.04M), and Plastics and Rubbers ($742k).

Economic Complexity

Competitive Landscape

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

Product Space of Kuwait (Flag) and Iraq (Flag) (2022)

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