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2022
Flag → Flag
Exports $608MRnk 44 / 218
2022
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Top Product $74.8MCars
2022
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Exports $1.06BRnk 14 / 156
2022
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Top Product $604MRefined Petroleum
2022
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Economic Complexity (ECI) ECI 0.88Rnk 29 / 124
2022
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Economic Complexity (ECI) ECI 0.16Rnk 53 / 124
2022
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GDP$495BCURRENT US$
Rnk 29 / 186
2012-2022
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GDP GROWTH24.6%CURRENT US$
Rnk 111 / 186
2022
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 GDP$185BCURRENT US$
Rnk 56 / 186
2012-2022
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GDP GROWTH6.04%CURRENT US$
Rnk 152 / 186
2022
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GDP PC $6,909CURRENT US$
Rnk 93 / 186
2012-2022
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GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 186
2022
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GDP PC$43,233CURRENT US$
Rnk 24 / 186
2012-2022
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GDP PC GROWTH-15.7%CURRENT US$
Rnk 166 / 186

About

Thailand-Kuwait In 2022, Thailand exported $608M to Kuwait. The main products that Thailand exported to Kuwait are Cars ($74.8M), Delivery Trucks ($66.4M), and Wood Fiberboard ($45.7M). During the last 27 years the exports of Thailand to Kuwait have increased at an annualized rate of 6.51%, from $111M in 1995 to $608M in 2022.

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

Kuwait-Thailand In 2022, Kuwait exported $1.06B to Thailand. The main products that Kuwait exported to Thailand were Refined Petroleum ($604M), Crude Petroleum ($360M), and Petroleum Gas ($80.1M). During the last 27 years the exports of Kuwait to Thailand have increased at an annualized rate of 14.2%, from $29.5M in 1995 to $1.06B in 2022.

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

Comparison In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.88), and 27 in total exports ($312B). That same year, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.16), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Thailand exported $608M to Kuwait. The main products exported from Thailand to Kuwait were Cars ($74.8M), Delivery Trucks ($66.4M), and Wood Fiberboard ($45.7M). During the last 27 years the exports of Thailand to Kuwait have increased at an annualized rate of 6.51%, from $111M in 1995 to $608M in 2022.

In 2022, Kuwait exported $1.06B to Thailand. The main products exported from Kuwait to Thailand were Refined Petroleum ($604M), Crude Petroleum ($360M), and Petroleum Gas ($80.1M). During the last 27 years the exports of Kuwait to Thailand have increased at an annualized rate of 14.2%, from $29.5M in 1995 to $1.06B in 2022.

Exports from Thailand (Flag) to Kuwait (Flag) (2022)

Exports from Kuwait (Flag) to Thailand (Flag) (2022)

Latest Data

Trade between Thailand (Flag) and Kuwait (Flag)

Thailand Exports

Kuwait Exports

Market Competitiveness

Color
Thailand
Top DestinationUnited States$53.4B
Kuwait
Top DestinationChina$24.3B

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

In 2021, countries that imported more from Thailand than Kuwait were United States ($53.4B), Japan ($24.6B), and Australia ($12.6B).

In 2021, countries that imported more from Kuwait than Thailand were India ($15B), South Korea ($10.8B), and Pakistan ($3.97B).

Difference in imports from Kuwait (Flag) and Thailand (Flag) (2022)

Comparative Advantage Thailand - Kuwait

Flow
Scale

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

During 2022, Thailand had a large net trade with Kuwait in the exports of Transportation ($162M), Machines ($143M), and Foodstuffs ($53.7M).

During 2022, Kuwait had a large net trade with Thailand in the exports of Mineral Products ($1.05B), Plastics and Rubbers ($14M), and Transportation ($926k).

Economic Complexity

Competitive Landscape

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

Product Space of Thailand (Flag) and Kuwait (Flag) (2022)

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