Flag Kuwait / Peru Flag

2021
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Exports
: $1.43M, Rnk 84 / 158

2021
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Top Product
: $1.19M, Sodium or Potassium Peroxides

2021
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Exports
: $3.96M, Rnk 87 / 177

2021
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Top Product
: $631k, Other Fruits

2021
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Economic Complexity (ECI)
: ECI 0.34, Rnk 48 / 131

2021
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Economic Complexity (ECI)
: ECI -0.63, Rnk 91 / 131

2021
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 GDP
: $223B, CURRENT US$
Rnk 48 / 182

2011-2021
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GDP GROWTH
: 30%, CURRENT US$
Rnk 83 / 182

2021
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GDP PC
: $6,692, CURRENT US$
Rnk 88 / 182

2011-2021
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GDP PC GROWTH
: 14%, CURRENT US$
Rnk 91 / 182

Kuwait-Peru In 2021, Kuwait exported $1.43M to Peru. The main products that Kuwait exported to Peru are Sodium or Potassium Peroxides ($1.19M), Ethylene Polymers ($189k), and Cleaning Products ($39.5k). During the last 23 years the exports of Kuwait to Peru have increased at an annualized rate of 0.3%, from $1.33M in 1998 to $1.43M in 2021.

In 2021, Kuwait did not export any services to Peru.

Peru-Kuwait In 2021, Peru exported $3.96M to Kuwait. The main products that Peru exported to Kuwait were Other Fruits ($631k), Other Vegetables ($436k), and Dried Legumes ($423k). During the last 23 years the exports of Peru to Kuwait have increased at an annualized rate of 19.3%, from $68k in 1998 to $3.96M in 2021.

In 2021, Peru did not export any services to Kuwait.

Comparison In 2021,  Kuwait ranked 48 in the Economic Complexity Index (ECI 0.34), and 51 in total exports ($58.2B). That same year, Peru ranked 91 in the Economic Complexity Index (ECI -0.63), and 54 in total exports ($56.6B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Kuwait exported $1.43M to Peru. The main products exported from Kuwait to Peru were Sodium or Potassium Peroxides ($1.19M), Ethylene Polymers ($189k), and Cleaning Products ($39.5k). During the last 23 years the exports of Kuwait to Peru have increased at an annualized rate of 0.3%, from $1.33M in 1998 to $1.43M in 2021.

In 2021, Peru exported $3.96M to Kuwait. The main products exported from Peru to Kuwait were Other Fruits ($631k), Other Vegetables ($436k), and Dried Legumes ($423k). During the last 26 years the exports of Peru to Kuwait have increased at an annualized rate of 19.3%, from $68k in 1995 to $3.96M in 2021.

Kuwait Exports

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Market Competitiveness

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Color

Kuwait
Top Destination
: China, $16B

Peru
Top Destination
: China, $17.7B

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 ($8.72B), South Korea ($7.23B), and Vietnam ($4.1B).

In 2021, countries that imported more from Peru than Kuwait were United States ($7.39B), Canada ($2.76B), and Switzerland ($1.99B).

Comparative Advantage Kuwait - Peru

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Flow
Scale

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

During 2021, Kuwait had a large net trade with Peru in the exports of Chemical Products ($1.23M), Plastics and Rubbers ($189k), and Transportation ($4.97k).

During 2021, Peru had a large net trade with Kuwait in the exports of Vegetable Products ($2.5M), Textiles ($749k), and Foodstuffs ($332k).

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 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.