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
$1.41TCURRENT US$
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2012-2022
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GDP GROWTH
17.7%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
$11,091CURRENT US$
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2012-2022
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GDP PC GROWTH
6.89%CURRENT US$
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About

Kuwait-Mexico In 2022, Kuwait exported $460k to Mexico. The main products that Kuwait exported to Mexico are Excavation Machinery ($303k), Other Engines ($75k), and Machinery Having Individual Functions ($50.5k). During the last 26 years the exports of Kuwait to Mexico have increased at an annualized rate of 18.8%, from $5.25k in 1996 to $460k in 2022.

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

Mexico-Kuwait In 2022, Mexico exported $734M to Kuwait. The main products that Mexico exported to Kuwait were Cars ($113M), Medical Instruments ($102M), and Delivery Trucks ($75M). During the last 26 years the exports of Mexico to Kuwait have increased at an annualized rate of 19.9%, from $6.59M in 1996 to $734M in 2022.

In 2022, Mexico 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, Mexico ranked 21 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $460k to Mexico. The main products exported from Kuwait to Mexico were Excavation Machinery ($303k), Other Engines ($75k), and Machinery Having Individual Functions ($50.5k). During the last 26 years the exports of Kuwait to Mexico have increased at an annualized rate of 18.8%, from $5.25k in 1996 to $460k in 2022.

In 2022, Mexico exported $734M to Kuwait. The main products exported from Mexico to Kuwait were Cars ($113M), Medical Instruments ($102M), and Delivery Trucks ($75M). During the last 27 years the exports of Mexico to Kuwait have increased at an annualized rate of 19.9%, from $6.59M in 1995 to $734M in 2022.

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

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

Latest Data

Trade between Kuwait (Flag) and Mexico (Flag)

Kuwait Exports

Mexico Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Mexico
Top Destination
United States$421B

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

In 2021, countries that imported more from Kuwait than Mexico were China ($24.3B), India ($15B), and Vietnam ($5.7B).

In 2021, countries that imported more from Mexico than Kuwait were United States ($421B), Canada ($22.2B), and Germany ($7.16B).

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

Comparative Advantage Kuwait - Mexico

Flow
Scale

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

During 2022, Kuwait had a large net trade with Mexico in the exports of Machines ($453k), Plastics and Rubbers ($5.02k), and Textiles ($2.14k).

During 2022, Mexico had a large net trade with Kuwait in the exports of Transportation ($237M), Machines ($207M), and Instruments ($144M).

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 Mexico. Similarly, the more yellow a dot/product is, the more Mexico has comparative advantage over Kuwait.

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

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