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Pricing

2022
Flag → Flag
Exports $5.29MRnk 79 / 156
2022
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Top Product $2.91MGold
2022
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Exports $973kRnk 42 / 149
2022
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Top Product $231kTufted Carpets
2022
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Economic Complexity (ECI) ECI 0.16Rnk 53 / 124
2022
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GDP$185BCURRENT US$
Rnk 56 / 186
2012-2022
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GDP GROWTH6.04%CURRENT US$
Rnk 152 / 186
2022
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 GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
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GDP GROWTH88.1%CURRENT US$
Rnk 21 / 186
2022
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GDP PC $43,233CURRENT US$
Rnk 24 / 186
2012-2022
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GDP PC GROWTH-15.7%CURRENT US$
Rnk 166 / 186
2022
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GDP PC$1,337CURRENT US$
Rnk 160 / 186
2012-2022
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GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186

About

Kuwait-Nepal In 2022, Kuwait exported $5.29M to Nepal. The main products that Kuwait exported to Nepal are Gold ($2.91M), Refined Petroleum ($1.52M), and Used Clothing ($254k). During the last 24 years the exports of Kuwait to Nepal have decreased at an annualized rate of 5.74%, from $21.9M in 1998 to $5.29M in 2022.

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

Nepal-Kuwait In 2022, Nepal exported $973k to Kuwait. The main products that Nepal exported to Kuwait were Tufted Carpets ($231k), Blankets ($128k), and Paper Labels ($97.9k). During the last 24 years the exports of Nepal to Kuwait have increased at an annualized rate of 21.4%, from $9.33k in 1998 to $973k in 2022.

In 2022, Nepal 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, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $5.29M to Nepal. The main products exported from Kuwait to Nepal were Gold ($2.91M), Refined Petroleum ($1.52M), and Used Clothing ($254k). During the last 24 years the exports of Kuwait to Nepal have decreased at an annualized rate of 5.74%, from $21.9M in 1998 to $5.29M in 2022.

In 2022, Nepal exported $973k to Kuwait. The main products exported from Nepal to Kuwait were Tufted Carpets ($231k), Blankets ($128k), and Paper Labels ($97.9k). During the last 22 years the exports of Nepal to Kuwait have increased at an annualized rate of 21.4%, from $9.33k in 2000 to $973k in 2022.

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

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

Latest Data

Trade between Kuwait (Flag) and Nepal (Flag)

Kuwait Exports

Market Competitiveness

Color
Kuwait
Top DestinationChina$24.3B
Nepal
Top DestinationIndia$956M

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

In 2021, countries that imported more from Kuwait than Nepal were China ($24.3B), India ($15B), and South Korea ($10.8B).

In 2021, countries that imported more from Nepal than Kuwait were Central African Republic ($8.88M), Bhutan ($3.99M), and Austria ($3.43M).

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

Comparative Advantage Kuwait - Nepal

Flow
Scale

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

During 2022, Kuwait had a large net trade with Nepal in the exports of Precious Metals ($2.93M), Mineral Products ($1.52M), and Textiles ($471k).

During 2022, Nepal had a large net trade with Kuwait in the exports of Textiles ($710k), Paper Goods ($112k), and Miscellaneous ($87.3k).

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

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

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