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
$243BCURRENT US$
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2012-2022
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GDP GROWTH
25.9%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
$7,126CURRENT US$
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2012-2022
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GDP PC GROWTH
10%CURRENT US$
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About

Kuwait-Peru In 2022, Kuwait exported $7.09M to Peru. The main products that Kuwait exported to Peru are Large Construction Vehicles ($4.89M), Sodium or Potassium Peroxides ($1.81M), and Motor vehicles; parts and accessories (8701 to 8705) ($349k). During the last 24 years the exports of Kuwait to Peru have increased at an annualized rate of 7.17%, from $1.34M in 1998 to $7.09M in 2022.

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

Peru-Kuwait In 2022, Peru exported $11.9M to Kuwait. The main products that Peru exported to Kuwait were Other Vegetables ($2.19M), Knit T-shirts ($1.35M), and Raw Zinc ($1.17M). During the last 24 years the exports of Peru to Kuwait have increased at an annualized rate of 24%, from $68k in 1998 to $11.9M in 2022.

In 2022, Peru 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, Peru ranked 87 in the Economic Complexity Index (ECI -0.66), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $7.09M to Peru. The main products exported from Kuwait to Peru were Large Construction Vehicles ($4.89M), Sodium or Potassium Peroxides ($1.81M), and Motor vehicles; parts and accessories (8701 to 8705) ($349k). During the last 24 years the exports of Kuwait to Peru have increased at an annualized rate of 7.17%, from $1.34M in 1998 to $7.09M in 2022.

In 2022, Peru exported $11.9M to Kuwait. The main products exported from Peru to Kuwait were Other Vegetables ($2.19M), Knit T-shirts ($1.35M), and Raw Zinc ($1.17M). During the last 27 years the exports of Peru to Kuwait have increased at an annualized rate of 24%, from $68k in 1995 to $11.9M in 2022.

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

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

Latest Data

Trade between Kuwait (Flag) and Peru (Flag)

Kuwait Exports

Peru Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Peru
Top Destination
China$17.6B

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

In 2021, countries that imported more from Kuwait than Peru were India ($15B), South Korea ($10.8B), and Chinese Taipei ($7.34B).

In 2021, countries that imported more from Peru than Kuwait were United States ($8.69B), Canada ($2.69B), and Switzerland ($2.08B).

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

Comparative Advantage Kuwait - Peru

Flow
Scale

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

During 2022, Kuwait had a large net trade with Peru in the exports of Machines ($4.89M), Chemical Products ($1.84M), and Transportation ($349k).

During 2022, Peru had a large net trade with Kuwait in the exports of Vegetable Products ($5.55M), Textiles ($3.29M), and Metals ($1.21M).

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

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

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