Qatar (QAT) and Kuwait (KWT) Trade | The Observatory of Economic Complexity

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Qatar-Kuwait Trade: In 2022, Qatar exported $495M to Kuwait. The main products that Qatar exported to Kuwait were Iron Reductions ($601M), Valves ($78M), and Insulated Wire ($34.3M). Over the past 5 years the exports of Qatar to Kuwait have increased at an annualized rate of 104%, from $14.1M in 2017 to $495M in 2022.

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

Kuwait-Qatar Trade: In 2022, Kuwait exported $369M to Qatar. The main products that Kuwait exported to Qatar were Cars ($54.8M), Electrical Control Boards ($53M), and Prefabricated Buildings ($40.3M). Over the past 5 years the exports of Kuwait to Qatar have increased at an annualized rate of 67.6%, from $28M in 2017 to $369M in 2022.

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

Comparison: In 2022, Qatar ranked 71 in the Economic Complexity Index (ECI -0.15), and 38 in total exports ($119B). 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, Qatar exported $495M to Kuwait. The main products exported from Qatar to Kuwait were Iron Reductions ($601M), Valves ($78M), and Insulated Wire ($34.3M). During the last 5 years the exports of Qatar to Kuwait have increased at an annualized rate of 104%, from $14.1M in 2017 to $495M in 2022.

In 2017, Kuwait exported $369M to Qatar. The main products exported from Kuwait to Qatar were Cars ($54.8M), Electrical Control Boards ($53M), and Prefabricated Buildings ($40.3M). During the last 17 years the exports of Kuwait to Qatar have increased at an annualized rate of 67.6%, from $28M in 2000 to $369M in 2017.

Exports from Qatar () to Kuwait () (2022)

Exports from Kuwait () to Qatar () (2022)

Latest Data

Trade between Qatar () and Kuwait ()

Qatar Exports

Date

Kuwait Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Qatar
Top DestinationChina$21.1B

Kuwait
Top DestinationChina$24.3B

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

In 2022, countries that imported more from Qatar than Kuwait included Belgium ($5.51B), United Kingdom ($7.5B), and Italy ($5.38B).

In 2022, countries that imported more from Kuwait than Qatar included Vietnam ($5.7B), Chinese Taipei ($7.34B), and China ($24.3B).

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

Comparative Advantage Qatar - Kuwait

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Qatar had a large net trade with Kuwait in the exports of Metals ($620M), Machines ($113M), and Chemical Products ($42.5M).

During 2017, Kuwait had a large net trade with Qatar in the exports of Machines ($109M), Foodstuffs ($97.3M), and Chemical Products ($81M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Qatar Kuwait+$4.11MRefined Petroleum

Top Product Potential Kuwait Qatar+$8.42MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Qatar () to Kuwait () (2022)

Exports from Kuwait () to Qatar () (2022)

Latest Data

Trade between Qatar () and Kuwait ()

Qatar Exports

Kuwait Exports

Market Competitiveness

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

Comparative Advantage Qatar - Kuwait

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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