Flag Saudi Arabia / Kuwait Flag

2019
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Exports
: $1.98B, Rnk 25 / 179

2019
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Top Product
: $150M, Vinyl Chloride Polymers

2019
Flag β†’ Flag
Exports
: $748M, Rnk 15 / 152

2019
Flag β†’ Flag
Top Product
: $62M, Cars

2019
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Economic Complexity (ECI)
: ECI 1, Rnk 33 / 157

2019
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Economic Complexity (ECI)
: ECI 0.21, Rnk 63 / 157

2019
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GDP
: $793B, CURRENT US$
Rnk 18 / 187

2009-2019
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GDP GROWTH
: 84.8%, CURRENT US$
Rnk 40 / 187

2019
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 GDP
: $135B, CURRENT US$
Rnk 57 / 187

2009-2019
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GDP GROWTH
: 27.1%, CURRENT US$
Rnk 132 / 187

2019
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GDP PC 
: $23,140, CURRENT US$
Rnk 43 / 187

2009-2019
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GDP PC GROWTH
: 43.6%, CURRENT US$
Rnk 68 / 187

2019
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GDP PC 
: $32,000, CURRENT US$
Rnk 31 / 187

2009-2019
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GDP PC GROWTH
: -14.8%, CURRENT US$
Rnk 181 / 187

Saudi Arabia-Kuwait: In 2019, Saudi Arabia exported $1.98B to Kuwait. The main products that Saudi Arabia exported to Kuwait are Vinyl Chloride Polymers ($150M), Cleaning Products ($118M), and Fermented Milk Products ($71.7M). During the last 24 years the exports of Saudi Arabia to Kuwait have increased at an annualized rate of 6.23%, from $465M in 1995 to $1.98B in 2019.

In 2019, Saudi Arabia did not exported services to Kuwait.

Kuwait-Saudi Arabia: In 2019, Kuwait exported $748M to Saudi Arabia . The main products that Kuwait exported to Saudi Arabia were Cars ($62M), Wheat Flours ($44.4M), and Semi-Finished Iron ($36.6M). During the last 24 years the exports of Kuwait to Saudi Arabia have increased at an annualized rate of 10.5%, from $67.7M in 1995 to $748M in 2019.

In 2019, Kuwait did not exported services to Saudi Arabia.

Comparison: In 2019,  Saudi Arabia ranked 33 in the Economic Complexity Index (ECI 1), and 26 in total exports ($228B). That same year, Kuwait ranked 63 in the Economic Complexity Index (ECI 0.21), and 49 in total exports ($59.8B).

Bilateral Trade by Products

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Depth
Value

In 2019, Saudi Arabia exported $1.98B to Kuwait. The main products exported from Saudi Arabia to Kuwait were Vinyl Chloride Polymers ($150M), Cleaning Products ($118M), and Fermented Milk Products ($71.7M). During the last 24 years the exports of Saudi Arabia to Kuwait have increased at an annualized rate of 6.23%, from $465M in 1995 to $1.98B in 2019.

In 2019, Kuwait exported $748M to Saudi Arabia. The main products exported from Kuwait to Saudi Arabia were Cars ($62M), Wheat Flours ($44.4M), and Semi-Finished Iron ($36.6M). During the last 24 years the exports of Kuwait to Saudi Arabia have increased at an annualized rate of 10.5%, from $67.7M in 1995 to $748M in 2019.

Market Competitiveness

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Measure

Saudi Arabia
Top Destination
: China, $45.8B

Kuwait
Top Destination
: China, $12.1B

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

In 2019, countries that imported more from Saudi Arabia than Kuwait were China ($45.8B), Japan ($24.5B), and India ($25.1B).

In 2019, countries that imported more from Kuwait than Saudi Arabia were Vietnam ($3.25B), Qatar ($398M), and Iraq ($803M).

Comparative Advantage Saudi Arabia - Kuwait

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Depth

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

During 2019, Saudi Arabia had a large net trade with Kuwait in the exports of Metals ($416M), Chemical Products ($305M), and Animal Products ($291M).

During 2019, Kuwait had a large net trade with Saudi Arabia in the exports of Foodstuffs ($131M), Metals ($112M), and Transportation ($86.1M).

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Saudi Arabia has comparative advantage over Kuwait. Similarly, the more red a dot/product is, the more Kuwait has comparative advantage over Saudi Arabia.