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

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Saudi Arabia-Kuwait Trade: In 2022, Saudi Arabia exported $2.14B to Kuwait. The main products that Saudi Arabia exported to Kuwait were Cleaning Products ($548M), Toilet Paper ($243M), and Fermented Milk Products ($209M). Over the past 5 years the exports of Saudi Arabia to Kuwait have increased at an annualized rate of 35.7%, from $465M in 2017 to $2.14B in 2022.

In 2022, Saudi Arabia did not export any services to Kuwait.

Kuwait-Saudi Arabia Trade: In 2022, Kuwait exported $728M to Saudi Arabia. The main products that Kuwait exported to Saudi Arabia were Cars ($325M), Perfumes ($189M), and Semi-Finished Iron ($149M). Over the past 5 years the exports of Kuwait to Saudi Arabia have increased at an annualized rate of 61%, from $67.4M in 2017 to $728M in 2022.

In 2022, Kuwait did not export any services to Saudi Arabia.

Comparison: In 2022, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). 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, Saudi Arabia exported $2.14B to Kuwait. The main products exported from Saudi Arabia to Kuwait were Cleaning Products ($548M), Toilet Paper ($243M), and Fermented Milk Products ($209M). During the last 5 years the exports of Saudi Arabia to Kuwait have increased at an annualized rate of 35.7%, from $465M in 2017 to $2.14B in 2022.

In 2017, Kuwait exported $728M to Saudi Arabia. The main products exported from Kuwait to Saudi Arabia were Cars ($325M), Perfumes ($189M), and Semi-Finished Iron ($149M). During the last 22 years the exports of Kuwait to Saudi Arabia have increased at an annualized rate of 61%, from $67.4M in 1995 to $728M in 2017.

Exports from Saudi Arabia () to Kuwait () (2022)

Exports from Kuwait () to Saudi Arabia () (2022)

Latest Data

Trade between Saudi Arabia () and Kuwait ()

Saudi Arabia Exports

Date

Kuwait Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saudi Arabia
Top DestinationChina$68B

Kuwait
Top DestinationChina$24.3B

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 2022, countries that imported more from Saudi Arabia than Kuwait included China ($68B), India ($46.2B), and Japan ($36.5B).

In 2022, countries that imported more from Kuwait than Saudi Arabia included Vietnam ($5.7B), Iraq ($762M), and Qatar ($704M).

Difference in imports from Kuwait () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Kuwait

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Saudi Arabia had a large net trade with Kuwait in the exports of Chemical Products ($1.13B), Animal Products ($937M), and Metals ($840M).

During 2017, Kuwait had a large net trade with Saudi Arabia in the exports of Chemical Products ($538M), Transportation ($397M), and Metals ($360M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Saudi Arabia Kuwait+$22.4MRefined Petroleum

Top Product Potential Kuwait Saudi Arabia+$109MCars

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 Saudi Arabia and Kuwait. This means that a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Kuwait. Similarly, a dot/product with the flag of Kuwait indicates it has a comparative advantage over Saudi Arabia.

About

Historical Data

Bilateral Trade by Products

Exports from Saudi Arabia () to Kuwait () (2022)

Exports from Kuwait () to Saudi Arabia () (2022)

Latest Data

Trade between Saudi Arabia () and Kuwait ()

Saudi Arabia Exports

Kuwait Exports

Market Competitiveness

Difference in imports from Kuwait () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Kuwait

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Saudi Arabia () and Kuwait () (2022)

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