2022
Flag
 GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
GDP PC
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186

About

Eritrea-Kuwait Trade: In 2022, Eritrea exported $18.6k to Kuwait. The main products that Eritrea exported to Kuwait were Non-Knit Women's Suits ($16.3k), Engine Parts ($1.82k), and Broadcasting Equipment ($539). Over the past 5 years the exports of Eritrea to Kuwait have increased at an annualized rate of 6.06%, from $13.9k in 2017 to $18.6k in 2022.

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

Kuwait-Eritrea Trade: In 2022, Kuwait exported $19.5k to Eritrea. The main products that Kuwait exported to Eritrea were Hypochlorites ($18.5k) and Used Clothing ($1.06k). Over the past 5 years the exports of Kuwait to Eritrea have increased at an annualized rate of 10.1%,  from $12k in 2017 to $19.5k in 2022.

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

Comparison In 2022,  Eritrea ranked 163 in total exports ($789M), and does not have data regarding Economic Complexity Index. 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
Value

In 2022, Eritrea exported $18.6k to Kuwait. The main products exported from Eritrea to Kuwait were Non-Knit Women's Suits ($16.3k), Engine Parts ($1.82k), and Broadcasting Equipment ($539). During the last 5 years the exports of Eritrea to Kuwait have increased at an annualized rate of 6.06%, from $13.9k in 2017 to $18.6k in 2022.

In 2017, Kuwait exported $19.5k to Eritrea. The main products exported from Kuwait to Eritrea were Hypochlorites ($18.5k) and Used Clothing ($1.06k). During the last 5 years the exports of Kuwait to Eritrea have increased at an annualized rate of 10.1%, from $12k in 2022 to $19.5k in 2017.

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

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

Latest Data

Trade between Eritrea (Flag) and Kuwait (Flag)

Kuwait Exports

Market Competitiveness

Color
Eritrea
Top Destination
China$412M
Kuwait
Top Destination
China$24.3B

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

In 2022, countries that imported more from Eritrea than Kuwait included Croatia ($3.42M), Namibia ($2.73k), and Israel ($997).

In 2022, countries that imported more from Kuwait than Eritrea included China ($24.3B), India ($15B), and South Korea ($10.8B).

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

Comparative Advantage Eritrea - Kuwait

Flow
Scale

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

During 2022, Eritrea had a large net trade with Kuwait in the exports of Textiles ($16.3k) and Machines ($2.36k).

During 2017, Kuwait had a large net trade with Eritrea in the exports of Chemical Products ($18.5k) and Textiles ($1.06k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Eritrea and Kuwait. This means that a dot/product with the flag of Eritrea indicates it has a comparative advantage over Kuwait. Similarly, a dot/product with the flag of Kuwait indicates it has a comparative advantage over Eritrea.

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

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