Israel (ISR) and Kuwait (KWT) Trade | The Observatory of Economic Complexity

About

Israel-Kuwait Trade: In 2013, Israel exported $293k to Kuwait. The main products that Israel exported to Kuwait were N/A. Over the past 5 years the exports of Israel to Kuwait have decreased at an annualized rate of 34.7%, from $2.47M in 2008 to $293k in 2013.

In 2013, Israel did not export any services to Kuwait.

Kuwait-Israel Trade: In 2013, Kuwait exported $1k to Israel. The main products that Kuwait exported to Israel were N/A. Over the past 5 years the exports of Kuwait to Israel have decreased at an annualized rate of 44.5%, from $19k in 2008 to $1k in 2013.

In 2013, Kuwait did not export any services to Israel.

Comparison: In 2023, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). That same year, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21), and 47 in total exports ($71B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2013, Israel exported $293k to Kuwait. There were not main exports from Israel to Kuwait in 2013. During the last 5 years the exports of Israel to Kuwait have decreased at an annualized rate of 34.7%, from $2.47M in 2008 to $293k in 2013.

In 2007, Kuwait exported $1k to Israel. There were not main exports from Kuwait to Israel in 2007. During the last 5 years the exports of Kuwait to Israel have decreased at an annualized rate of 44.5%, from $19k in 2012 to $1k in 2007.

Exports from Israel () to Kuwait () (2013)

Exports from Kuwait () to Israel () (2013)

Latest Data

Trade between Israel () and Kuwait ()

Israel Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Israel
Top DestinationUnited States$20.3B

Kuwait
Top DestinationChina$17.4B

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

In 2023, countries that imported more from Israel than Kuwait included United States ($20.3B), Ireland ($4.22B), and Hong Kong ($2.46B).

In 2023, countries that imported more from Kuwait than Israel included China ($17.4B), India ($9.51B), and Japan ($9.13B).

Difference in imports from Kuwait () and Israel () (2023)

Comparative Advantage Israel - Kuwait

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2013, Israel had a large net trade with Kuwait in the exports of .

During 2007, Kuwait had a large net trade with Israel in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Israel Kuwait+$4.89kTelephones

Top Product Potential Kuwait Israel+$9.75kCrude 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Israel () to Kuwait () (2013)

Exports from Kuwait () to Israel () (2013)

Latest Data

Trade between Israel () and Kuwait ()

Israel Exports

Market Competitiveness

Difference in imports from Kuwait () and Israel () (2023)

Comparative Advantage Israel - Kuwait

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Israel () and Kuwait () (2013)

Keep Exploring