2022
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GDP
$185BCURRENT US$
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2012-2022
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GDP GROWTH
6.04%CURRENT US$
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2022
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 GDP
$2.14TCURRENT US$
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2012-2022
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GDP GROWTH
17%CURRENT US$
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2022
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GDP PC 
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
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GDP PC GROWTH
-15.7%CURRENT US$
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2022
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GDP PC
$54,966CURRENT US$
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2012-2022
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GDP PC GROWTH
4.36%CURRENT US$
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About

Kuwait-Canada In 2022, Kuwait exported $272M to Canada. The main products that Kuwait exported to Canada are Refined Petroleum ($267M), Reaction and Catalytic Products ($1.96M), and Iron Structures ($461k). During the last 27 years the exports of Kuwait to Canada have increased at an annualized rate of 45.1%, from $11.7k in 1995 to $272M in 2022.

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

Canada-Kuwait In 2022, Canada exported $291M to Kuwait. The main products that Canada exported to Kuwait were Planes, Helicopters, and/or Spacecraft ($43M), Wheat ($36.9M), and LCDs ($23.5M). During the last 27 years the exports of Canada to Kuwait have increased at an annualized rate of 6.97%, from $47.2M in 1995 to $291M in 2022.

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

Comparison In 2022,  Kuwait ranked 53 in the Economic Complexity Index (ECI 0.16), and 42 in total exports ($101B). That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.85), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $272M to Canada. The main products exported from Kuwait to Canada were Refined Petroleum ($267M), Reaction and Catalytic Products ($1.96M), and Iron Structures ($461k). During the last 27 years the exports of Kuwait to Canada have increased at an annualized rate of 45.1%, from $11.7k in 1995 to $272M in 2022.

In 2022, Canada exported $291M to Kuwait. The main products exported from Canada to Kuwait were Planes, Helicopters, and/or Spacecraft ($43M), Wheat ($36.9M), and LCDs ($23.5M). During the last 27 years the exports of Canada to Kuwait have increased at an annualized rate of 6.97%, from $47.2M in 1995 to $291M in 2022.

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

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

Latest Data

Trade between Kuwait (Flag) and Canada (Flag)

Kuwait Exports

Canada Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Canada
Top Destination
United States$438B

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

In 2021, countries that imported more from Kuwait than Canada were India ($15B), Chinese Taipei ($7.34B), and Vietnam ($5.7B).

In 2021, countries that imported more from Canada than Kuwait were United States ($438B), United Kingdom ($12.9B), and Mexico ($7.39B).

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

Comparative Advantage Kuwait - Canada

Flow
Scale

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

During 2022, Kuwait had a large net trade with Canada in the exports of Mineral Products ($267M), Chemical Products ($1.97M), and Animal Products ($600k).

During 2022, Canada had a large net trade with Kuwait in the exports of Transportation ($85.1M), Machines ($56.3M), and Vegetable Products ($37.7M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Kuwait has comparative advantage over Canada. Similarly, the more yellow a dot/product is, the more Canada has comparative advantage over Kuwait.

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

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