2023
Flag  
GDP
$164BCURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP GROWTH
-6.01%CURRENT US$
Rnk 178 / 195
2023
Flag
 GDP
$19.4BCURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP GROWTH
35.9%CURRENT US$
Rnk 102 / 195
2023
Flag
GDP PC 
$33,730CURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP PC GROWTH
-32.1%CURRENT US$
Rnk 187 / 195
2023
Flag
GDP PC
$7,820CURRENT US$
Rnk 99 / 196
2013-2023
Flag
GDP PC GROWTH
17.3%CURRENT US$
Rnk 110 / 195

About

Kuwait-Botswana Trade: In 2023, Kuwait exported $1.8k to Botswana. The main products that Kuwait exported to Botswana were Knit T-shirts ($513), Precious Metal Watches ($511), and Broadcasting Equipment ($340). Over the past 5 years the exports of Kuwait to Botswana have increased at an annualized rate of 73.7%, from $114 in 2018 to $1.8k in 2023.

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

Botswana-Kuwait Trade: In 2023, Botswana exported $21.7k to Kuwait. The main products that Botswana exported to Kuwait were Wood Charcoal ($11.1k), Computers ($9.97k), and Low-voltage Protection Equipment ($273). Over the past 5 years the exports of Botswana to Kuwait have increased at an annualized rate of 208%,  from $78 in 2018 to $21.7k in 2023.

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

Comparison: In 2023,  Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21), and 47 in total exports ($71B). That same year, Botswana ranked 80 in the Economic Complexity Index (ECI -0.41), and 122 in total exports ($6.59B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Kuwait exported $1.8k to Botswana. The main products exported from Kuwait to Botswana were Knit T-shirts ($513), Precious Metal Watches ($511), and Broadcasting Equipment ($340). During the last 5 years the exports of Kuwait to Botswana have increased at an annualized rate of 73.7%, from $114 in 2018 to $1.8k in 2023.

In 2018, Botswana exported $21.7k to Kuwait. The main products exported from Botswana to Kuwait were Wood Charcoal ($11.1k), Computers ($9.97k), and Low-voltage Protection Equipment ($273). During the last 5 years the exports of Botswana to Kuwait have increased at an annualized rate of 208%, from $78 in 2023 to $21.7k in 2018.

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

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

Latest Data

Trade between Kuwait (Flag) and Botswana (Flag)

Botswana Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$17.4B
Botswana
Top Destination
United Arab Emirates$1.81B

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

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

In 2023, countries that imported more from Botswana than Kuwait included Belgium ($1.08B), South Africa ($548M), and Israel ($215M).

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

Comparative Advantage Kuwait - Botswana

Flow
Scale

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

During 2023, Kuwait had a large net trade with Botswana in the exports of Textiles ($790), Instruments ($511), and Machines ($357).

During 2018, Botswana had a large net trade with Kuwait in the exports of Wood Products ($11.1k), Machines ($10.2k), and Textiles ($199).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kuwait Botswana+$5.31kRefined Petroleum
Top Product Potential Botswana Kuwait+$60.8kFrozen Bovine Meat

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

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

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

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