Palestine (PSE) and Kuwait (KWT) Trade | The Observatory of Economic Complexity

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Palestine-Kuwait Trade: In 2022, Palestine exported $9.19M to Kuwait. The main products that Palestine exported to Kuwait were Pure Olive Oil ($9.91M), Building Stone ($1.26M), and Milling Stones ($1.13M). Over the past 5 years the exports of Palestine to Kuwait have increased at an annualized rate of 516%, from $1.04k in 2017 to $9.19M in 2022.

In 2022, Palestine did not export any services to Kuwait.

Kuwait-Palestine Trade: In 2022, Kuwait exported $675k to Palestine. The main products that Kuwait exported to Palestine were Aluminium Cans ($7.95M), Metal Stoppers ($948k), and Organic Composite Solvents ($941k). Over the past 5 years the exports of Kuwait to Palestine have increased at an annualized rate of 104%, from $18.9k in 2017 to $675k in 2022.

In 2022, Kuwait did not export any services to Palestine.

Comparison In 2022, Palestine ranked 150 in total exports ($1.61B), 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Palestine exported $9.19M to Kuwait. The main products exported from Palestine to Kuwait were Pure Olive Oil ($9.91M), Building Stone ($1.26M), and Milling Stones ($1.13M). During the last 5 years the exports of Palestine to Kuwait have increased at an annualized rate of 516%, from $1.04k in 2017 to $9.19M in 2022.

In 2017, Kuwait exported $675k to Palestine. The main products exported from Kuwait to Palestine were Aluminium Cans ($7.95M), Metal Stoppers ($948k), and Organic Composite Solvents ($941k). During the last 17 years the exports of Kuwait to Palestine have increased at an annualized rate of 104%, from $18.9k in 2000 to $675k in 2017.

Exports from Palestine () to Kuwait () (2022)

Exports from Kuwait () to Palestine () (2022)

Latest Data

Trade between Palestine () and Kuwait ()

Palestine Exports

Date

Kuwait Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Palestine
Top DestinationIsrael$1.3B

Kuwait
Top DestinationChina$24.3B

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

In 2022, countries that imported more from Palestine than Kuwait included Israel ($1.3B), Malta ($202k), and Uzbekistan ($187k).

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

Difference in imports from Kuwait () and Palestine () (2022)

Comparative Advantage Palestine - Kuwait

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Palestine had a large net trade with Kuwait in the exports of Animal and Vegetable Bi-Products ($9.95M), Stone And Glass ($2.47M), and Foodstuffs ($1.03M).

During 2017, Kuwait had a large net trade with Palestine in the exports of Metals ($9.39M), Chemical Products ($1.75M), and Foodstuffs ($1.57M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Palestine () to Kuwait () (2022)

Exports from Kuwait () to Palestine () (2022)

Latest Data

Trade between Palestine () and Kuwait ()

Palestine Exports

Kuwait Exports

Market Competitiveness

Difference in imports from Kuwait () and Palestine () (2022)

Comparative Advantage Palestine - Kuwait

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Palestine () and Kuwait () (2022)

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