Kuwait-Philippines Trade: In 2022, Kuwait exported $198M to Philippines. The main products that Kuwait exported to Philippines were Petroleum Gas ($88.9M), Crude Petroleum ($68M), and Refined Petroleum ($33M). Over the past 5 years the exports of Kuwait to Philippines have decreased at an annualized rate of 27%, from $956M in 2017 to $198M in 2022.
In 2022, Kuwait did not export any services to Philippines.
Philippines-Kuwait Trade: In 2022, Philippines exported $137M to Kuwait. The main products that Philippines exported to Kuwait were Bananas ($16.1M), Office Machine Parts ($11.6M), and Motor vehicles; parts and accessories (8701 to 8705) ($5.53M). Over the past 5 years the exports of Philippines to Kuwait have increased at an annualized rate of 8.98%, from $88.9M in 2017 to $137M in 2022.
In 2022, Philippines did not export any services to Kuwait.
Comparison: In 2022, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B). That same year, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).