Kuwait (KWT) and Angola (AGO) Trade | The Observatory of Economic Complexity

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Kuwait-Angola Trade: In 2022, Kuwait exported $4.37M to Angola. The main products that Kuwait exported to Angola were Ethylene Polymers ($1.85M), Large Construction Vehicles ($1.53M), and Cellulose ($230k). Over the past 5 years the exports of Kuwait to Angola have decreased at an annualized rate of 2.66%, from $5.01M in 2017 to $4.37M in 2022.

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

Angola-Kuwait Trade: In 2022, Angola exported $21.1M to Kuwait. The main products that Angola exported to Kuwait were Valves ($6.06M), Vaccines, blood, antisera, toxins and cultures ($5.12M), and Other Construction Vehicles ($2.96M). Over the past 5 years the exports of Angola to Kuwait have decreased at an annualized rate of 16.1%, from $50.8M in 2017 to $21.1M in 2022.

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

Comparison: In 2022, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Kuwait exported $4.37M to Angola. The main products exported from Kuwait to Angola were Ethylene Polymers ($1.85M), Large Construction Vehicles ($1.53M), and Cellulose ($230k). During the last 5 years the exports of Kuwait to Angola have decreased at an annualized rate of 2.66%, from $5.01M in 2017 to $4.37M in 2022.

In 2017, Angola exported $21.1M to Kuwait. The main products exported from Angola to Kuwait were Valves ($6.06M), Vaccines, blood, antisera, toxins and cultures ($5.12M), and Other Construction Vehicles ($2.96M). During the last 5 years the exports of Angola to Kuwait have decreased at an annualized rate of 16.1%, from $50.8M in 2022 to $21.1M in 2017.

Exports from Kuwait () to Angola () (2022)

Exports from Angola () to Kuwait () (2022)

Latest Data

Trade between Kuwait () and Angola ()

Kuwait Exports

Date

Angola Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$24.3B

Angola
Top DestinationChina$21.8B

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

In 2022, countries that imported more from Kuwait than Angola included South Korea ($10.8B), India ($15B), and Japan ($8.64B).

In 2022, countries that imported more from Angola than Kuwait included Netherlands ($3.91B), France ($3.8B), and Spain ($1.99B).

Difference in imports from Angola () and Kuwait () (2022)

Comparative Advantage Kuwait - Angola

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Kuwait had a large net trade with Angola in the exports of Plastics and Rubbers ($2.12M), Machines ($1.68M), and Chemical Products ($289k).

During 2017, Angola had a large net trade with Kuwait in the exports of Machines ($10.1M), Chemical Products ($7.56M), and Miscellaneous ($849k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kuwait Angola+$856kEthylene Polymers

Top Product Potential Angola Kuwait+$81.9kPackaged Medicaments

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.

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Kuwait () to Angola () (2022)

Exports from Angola () to Kuwait () (2022)

Latest Data

Trade between Kuwait () and Angola ()

Kuwait Exports

Angola Exports

Market Competitiveness

Difference in imports from Angola () and Kuwait () (2022)

Comparative Advantage Kuwait - Angola

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kuwait () and Angola () (2022)

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