2022
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GDP
$185BCURRENT US$
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GDP GROWTH
6.04%CURRENT US$
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 GDP
$1.11TCURRENT US$
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GDP GROWTH
49.4%CURRENT US$
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GDP PC 
$43,233CURRENT US$
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GDP PC GROWTH
-15.7%CURRENT US$
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GDP PC
$30,436CURRENT US$
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GDP PC GROWTH
26.5%CURRENT US$
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About

Kuwait-Saudi Arabia In 2022, Kuwait exported $2.75B to Saudi Arabia. The main products that Kuwait exported to Saudi Arabia are Cars ($325M), Perfumes ($189M), and Semi-Finished Iron ($149M). During the last 27 years the exports of Kuwait to Saudi Arabia have increased at an annualized rate of 14.7%, from $67.4M in 1995 to $2.75B in 2022.

In 2022, Kuwait did not export any services to Saudi Arabia.

Saudi Arabia-Kuwait In 2022, Saudi Arabia exported $5.91B to Kuwait. The main products that Saudi Arabia exported to Kuwait were Cleaning Products ($548M), Toilet Paper ($243M), and Fermented Milk Products ($209M). During the last 27 years the exports of Saudi Arabia to Kuwait have increased at an annualized rate of 9.88%, from $465M in 1995 to $5.91B in 2022.

In 2022, Saudi Arabia 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, Saudi Arabia ranked 34 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $2.75B to Saudi Arabia. The main products exported from Kuwait to Saudi Arabia were Cars ($325M), Perfumes ($189M), and Semi-Finished Iron ($149M). During the last 27 years the exports of Kuwait to Saudi Arabia have increased at an annualized rate of 14.7%, from $67.4M in 1995 to $2.75B in 2022.

In 2022, Saudi Arabia exported $5.91B to Kuwait. The main products exported from Saudi Arabia to Kuwait were Cleaning Products ($548M), Toilet Paper ($243M), and Fermented Milk Products ($209M). During the last 27 years the exports of Saudi Arabia to Kuwait have increased at an annualized rate of 9.88%, from $465M in 1995 to $5.91B in 2022.

Exports from Kuwait (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Kuwait (Flag) (2022)

Latest Data

Trade between Kuwait (Flag) and Saudi Arabia (Flag)

Kuwait Exports

Saudi Arabia Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Saudi Arabia
Top Destination
China$68B

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

In 2021, countries that imported more from Kuwait than Saudi Arabia were Vietnam ($5.7B), Iraq ($762M), and Qatar ($704M).

In 2021, countries that imported more from Saudi Arabia than Kuwait were China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Kuwait (Flag) (2022)

Comparative Advantage Kuwait - Saudi Arabia

Flow
Scale

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

During 2022, Kuwait had a large net trade with Saudi Arabia in the exports of Chemical Products ($538M), Transportation ($397M), and Metals ($360M).

During 2022, Saudi Arabia had a large net trade with Kuwait in the exports of Chemical Products ($1.13B), Animal Products ($937M), and Metals ($840M).

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

Product Space of Kuwait (Flag) and Saudi Arabia (Flag) (2022)

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