NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $307MRnk 45 / 211
2023
Flag → Flag
Top Product $68MPackaged Medicaments
2023
Flag → Flag
Exports $292MRnk 27 / 159
2023
Flag → Flag
Top Product $291MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.31Rnk 17 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.21Rnk 53 / 132
2023
Flag  
GDP$551BCURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP GROWTH127%CURRENT US$
Rnk 7 / 195
2023
Flag
 GDP$164BCURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP GROWTH-6.01%CURRENT US$
Rnk 178 / 195
2023
Flag
GDP PC $103,888CURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP PC GROWTH97.4%CURRENT US$
Rnk 9 / 195
2023
Flag
GDP PC$33,730CURRENT US$
Rnk 39 / 196
2013-2023
Flag
GDP PC GROWTH-32.1%CURRENT US$
Rnk 187 / 195

About

Ireland-Kuwait Trade: In 2023, Ireland exported $307M to Kuwait. The main products that Ireland exported to Kuwait were Packaged Medicaments ($68M), Medical Instruments ($51.3M), and Flavored Water ($40.9M). Over the past 5 years the exports of Ireland to Kuwait have increased at an annualized rate of 8.45%, from $204M in 2018 to $307M in 2023.

In 2023, Ireland did not export any services to Kuwait.

Kuwait-Ireland Trade: In 2023, Kuwait exported $292M to Ireland. The main products that Kuwait exported to Ireland were Refined Petroleum ($291M), Jewellery ($938k), and Base Metal Watches ($151k). Over the past 5 years the exports of Kuwait to Ireland have decreased at an annualized rate of 1.21%,  from $310M in 2018 to $292M in 2023.

In 2023, Kuwait did not export any services to Ireland.

Comparison: In 2023,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B). That same year, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21), and 47 in total exports ($71B).

Latest Trends

N/A

About

Overview In N/A, Ireland exported €N/A and imported €N/A from Kuwait, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Ireland have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Ireland to Kuwait were . In N/A the top imports of Ireland from Kuwait were .

Growth In N/A, the N/A in Ireland's year-by-year exports to Kuwait was explained primarily by an decrease in product exports in . In N/A, the N/A in Ireland's year-by-year imports  from Kuwait was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value

This section shows exports and imports data at subnational level for Ireland. Click any date in the line plot or any product to explore the exports or imports behavior of Ireland over time.

To check Kuwait and Ireland trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Kuwait and Ireland Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ireland exported $307M to Kuwait. The main products exported from Ireland to Kuwait were Packaged Medicaments ($68M), Medical Instruments ($51.3M), and Flavored Water ($40.9M). During the last 5 years the exports of Ireland to Kuwait have increased at an annualized rate of 8.45%, from $204M in 2018 to $307M in 2023.

In 2018, Kuwait exported $292M to Ireland. The main products exported from Kuwait to Ireland were Refined Petroleum ($291M), Jewellery ($938k), and Base Metal Watches ($151k). During the last 5 years the exports of Kuwait to Ireland have decreased at an annualized rate of 1.21%, from $310M in 2023 to $292M in 2018.

Exports from Ireland (Flag) to Kuwait (Flag) (2023)

Exports from Kuwait (Flag) to Ireland (Flag) (2023)

Market Competitiveness

Color
Ireland
Top DestinationUnited States$67.4B
Kuwait
Top DestinationChina$17.4B

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

In 2023, countries that imported more from Ireland than Kuwait included United States ($67.4B), Germany ($26.7B), and Belgium ($18.7B).

In 2023, countries that imported more from Kuwait than Ireland included India ($9.51B), Chinese Taipei ($4.74B), and Japan ($9.13B).

Difference in imports from Kuwait (Flag) and Ireland (Flag) (2023)

Comparative Advantage Ireland - Kuwait

Flow
Scale

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

During 2023, Ireland had a large net trade with Kuwait in the exports of Chemical Products ($95.7M), Foodstuffs ($77.7M), and Instruments ($74.1M).

During 2018, Kuwait had a large net trade with Ireland in the exports of Mineral Products ($291M), Precious Metals ($938k), and Instruments ($283k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Kuwait+$19.8MPackaged Medicaments
Top Product Potential Kuwait Ireland+$30.1MRefined Petroleum

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Ireland (Flag) and Kuwait (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms