Saudi Arabia (SAU) and Kuwait (KWT) Trade | OEC - The Observatory of Economic Complexity

About

Saudi Arabia-Kuwait In 2021, Saudi Arabia exported $2.04B to Kuwait. The main products that Saudi Arabia exported to Kuwait are Refined Petroleum ($172M), Cleaning Products ($120M), and Baked Goods ($58.8M). During the last 26 years the exports of Saudi Arabia to Kuwait have increased at an annualized rate of 5.86%, from $465M in 1995 to $2.04B in 2021.

In 2021, Saudi Arabia did not export any services to Kuwait.

Kuwait-Saudi Arabia In 2021, Kuwait exported $846M to Saudi Arabia. The main products that Kuwait exported to Saudi Arabia were Cars ($110M), Semi-Finished Iron ($75M), and Wheat Flours ($39M). During the last 26 years the exports of Kuwait to Saudi Arabia have increased at an annualized rate of 10.2%, from $67.5M in 1995 to $846M in 2021.

In 2021, Kuwait did not export any services to Saudi Arabia.

Comparison In 2021, Saudi Arabia ranked 31 in the Economic Complexity Index (ECI 0.9), and 26 in total exports ($256B). That same year, Kuwait ranked 48 in the Economic Complexity Index (ECI 0.34), and 51 in total exports ($58.2B).

Historical Data

Bilateral Trade by Products

Depth

Value

Year

In 2021, Saudi Arabia exported $2.04B to Kuwait. The main products exported from Saudi Arabia to Kuwait were Refined Petroleum ($172M), Cleaning Products ($120M), and Baked Goods ($58.8M). During the last 26 years the exports of Saudi Arabia to Kuwait have increased at an annualized rate of 5.86%, from $465M in 1995 to $2.04B in 2021.

In 2021, Kuwait exported $846M to Saudi Arabia. The main products exported from Kuwait to Saudi Arabia were Cars ($110M), Semi-Finished Iron ($75M), and Wheat Flours ($39M). During the last 26 years the exports of Kuwait to Saudi Arabia have increased at an annualized rate of 10.2%, from $67.5M in 1995 to $846M in 2021.

Latest Data

Saudi Arabia Exports

Date

Kuwait Exports

Date

Market Competitiveness

Color

SectionYear

Saudi Arabia
Top Destination: China, $48.7B

Kuwait
Top Destination: China, $16B

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 2021, countries that imported more from Saudi Arabia than Kuwait were China ($48.7B), Japan ($24.1B), and India ($25.6B).

In 2021, countries that imported more from Kuwait than Saudi Arabia were Vietnam ($4.1B), Ethiopia ($460M), and Iran ($16.9M).

Comparative Advantage Saudi Arabia - Kuwait

Flow

Scale

Year

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

During 2021, Saudi Arabia had a large net trade with Kuwait in the exports of Chemical Products ($304M), Metals ($296M), and Animal Products ($288M).

During 2021, Kuwait had a large net trade with Saudi Arabia in the exports of Transportation ($168M), Metals ($136M), and Foodstuffs ($102M).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Latest Data

Saudi Arabia Exports

Kuwait Exports

Market Competitiveness

Comparative Advantage Saudi Arabia - Kuwait

Economic Complexity

Competitive Landscape

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