Flag Saudi Arabia / Kuwait Flag

2021
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Exports
: $2.04B, Rnk 26 / 183

2021
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Top Product
: $172M, Refined Petroleum

2021
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Exports
: $846M, Rnk 11 / 158

2021
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Top Product
: $110M, Cars

2021
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Economic Complexity (ECI)
: ECI 0.9, Rnk 31 / 131

2021
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Economic Complexity (ECI)
: ECI 0.34, Rnk 48 / 131

2021
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GDP
: $834B, CURRENT US$
Rnk 18 / 182

2011-2021
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GDP GROWTH
: 24.2%, CURRENT US$
Rnk 99 / 182

2021
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GDP PC 
: $23,586, CURRENT US$
Rnk 39 / 182

2011-2021
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GDP PC GROWTH
: -0.67%, CURRENT US$
Rnk 128 / 182

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

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Bilateral Trade by Products

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Depth
Value

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.

Saudi Arabia Exports

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Kuwait Exports

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Market Competitiveness

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Color

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

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Flow
Scale

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

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Competitive Landscape

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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.