2022
Flag
 GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
GDP PC
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186

About

North Korea-Kuwait Trade: In 2022, North Korea exported $34.8k to Kuwait. The main products that North Korea exported to Kuwait were Beauty Products ($12k), Other Edible Preparations ($7.01k), and Textile Footwear ($6.66k). Over the past 5 years the exports of North Korea to Kuwait have decreased at an annualized rate of 32.3%, from $245k in 2017 to $34.8k in 2022.

In 2022, North Korea did not export any services to Kuwait.

Kuwait-North Korea Trade: In 2022, Kuwait exported $51.8k to North Korea. The main products that Kuwait exported to North Korea were N/A. Over the past 5 years the exports of Kuwait to North Korea have decreased at an annualized rate of 18%,  from $140k in 2017 to $51.8k in 2022.

In 2022, Kuwait did not export any services to North Korea.

Comparison In 2022,  North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index. That same year, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, North Korea exported $34.8k to Kuwait. The main products exported from North Korea to Kuwait were Beauty Products ($12k), Other Edible Preparations ($7.01k), and Textile Footwear ($6.66k). During the last 5 years the exports of North Korea to Kuwait have decreased at an annualized rate of 32.3%, from $245k in 2017 to $34.8k in 2022.

In 2010, Kuwait exported $51.8k to North Korea. There were not main exports from Kuwait to North Korea in 2010. During the last 5 years the exports of Kuwait to North Korea have decreased at an annualized rate of 18%, from $140k in 2015 to $51.8k in 2010.

Exports from North Korea (Flag) to Kuwait (Flag) (2022)

Exports from Kuwait (Flag) to North Korea (Flag) (2022)

Latest Data

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

Kuwait Exports

Market Competitiveness

Color
North Korea
Top Destination
China$131M
Kuwait
Top Destination
China$24.3B

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

In 2022, countries that imported more from North Korea than Kuwait included Luxembourg ($6.44M), Suriname ($4.51M), and Niger ($3.45M).

In 2022, countries that imported more from Kuwait than North Korea included China ($24.3B), India ($15B), and South Korea ($10.8B).

Difference in imports from Kuwait (Flag) and North Korea (Flag) (2022)

Comparative Advantage North Korea - Kuwait

Flow
Scale

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

During 2022, North Korea had a large net trade with Kuwait in the exports of Chemical Products ($12k), Foodstuffs ($7.01k), and Footwear and Headwear ($6.66k).

During 2010, Kuwait had a large net trade with North Korea in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of North Korea (Flag) and Kuwait (Flag) (2022)

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