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2015
Flag → Flag
Exports $51.8kRnk 40 / 0
2015
Flag → Flag
Exports $24.3kRnk 64 / 82
2015
Flag → Flag
Top Product $4.8kBeauty Products
2023
Flag
Economic Complexity (ECI) ECI 0.21Rnk 53 / 132
2023
Flag  
GDP$164BCURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP GROWTH-6.01%CURRENT US$
Rnk 178 / 195
2023
Flag
GDP PC $33,730CURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP PC GROWTH-32.1%CURRENT US$
Rnk 187 / 195

About

Kuwait-North Korea Trade: In 2015, Kuwait exported $51.8k to North Korea. The main products that Kuwait exported to North Korea were N/A. Over the past 7 years the exports of Kuwait to North Korea have decreased at an annualized rate of 49%, from $5.8M in 2008 to $51.8k in 2015.

In 2015, Kuwait did not export any services to North Korea.

North Korea-Kuwait Trade: In 2015, North Korea exported $24.3k to Kuwait. The main products that North Korea exported to Kuwait were Beauty Products ($4.8k), Broadcasting Equipment ($4.07k), and Iron Fasteners ($3.45k). Over the past 7 years the exports of North Korea to Kuwait have decreased at an annualized rate of 12.8%,  from $48.2k in 2008 to $24.3k in 2015.

In 2015, North Korea did not export any services to Kuwait.

Comparison In 2023,  Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21),  and 47 in total exports ($71B). That same year, North Korea ranked 172 in total exports ($397M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2015, Kuwait exported $51.8k to North Korea. There were not main exports from Kuwait to North Korea in 2015. During the last 7 years the exports of Kuwait to North Korea have decreased at an annualized rate of 49%, from $5.8M in 2008 to $51.8k in 2015.

In 2018, North Korea exported $24.3k to Kuwait. The main products exported from North Korea to Kuwait were Beauty Products ($4.8k), Broadcasting Equipment ($4.07k), and Iron Fasteners ($3.45k). During the last 5 years the exports of North Korea to Kuwait have decreased at an annualized rate of 12.8%, from $48.2k in 2023 to $24.3k in 2018.

Exports from Kuwait (Flag) to North Korea (Flag) (2023)

Exports from North Korea (Flag) to Kuwait (Flag) (2023)

Latest Data

Trade between Kuwait (Flag) and North Korea (Flag)

Kuwait Exports

Market Competitiveness

Color
Kuwait
Top DestinationChina$17.4B
North Korea
Top DestinationChina$292M

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

In 2023, countries that imported more from Kuwait than North Korea included China ($17.4B), India ($9.51B), and Japan ($9.13B).

In 2023, countries that imported more from North Korea than Kuwait included Angola ($10.2M), Senegal ($10.3M), and Luxembourg ($6.8M).

Difference in imports from North Korea (Flag) and Kuwait (Flag) (2023)

Comparative Advantage Kuwait - North Korea

Flow
Scale

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

During 2015, Kuwait had a large net trade with North Korea in the exports of .

During 2018, North Korea had a large net trade with Kuwait in the exports of Machines ($7.05k), Chemical Products ($4.8k), and Metals ($3.45k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Kuwait and North Korea. This means that a dot/product with the flag of Kuwait indicates it has a comparative advantage over North Korea. Similarly, a dot/product with the flag of North Korea indicates it has a comparative advantage over Kuwait.

Product Space of Kuwait (Flag) and North Korea (Flag) (2023)

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