2022
Flag  
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
$192BCURRENT US$
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2012-2022
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GDP GROWTH
-8.2%CURRENT US$
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2022
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GDP PC 
$43,233CURRENT US$
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2012-2022
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GDP PC GROWTH
-15.7%CURRENT US$
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2022
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GDP PC
$4,274CURRENT US$
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2012-2022
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GDP PC GROWTH
-23.8%CURRENT US$
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About

Kuwait-Algeria Trade: In 2022, Kuwait exported $24.8M to Algeria. The main products that Kuwait exported to Algeria were Ethylene Polymers ($11.6M), Sodium or Potassium Peroxides ($9.93M), and Acrylic Polymers ($936k). Over the past 5 years the exports of Kuwait to Algeria have increased at an annualized rate of 4.99%, from $19.4M in 2017 to $24.8M in 2022.

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

Algeria-Kuwait Trade: In 2022, Algeria exported $3.08M to Kuwait. The main products that Algeria exported to Kuwait were Hydrogen ($1.92M), Other Vegetables ($660k), and Margarine ($199k). Over the past 5 years the exports of Algeria to Kuwait have decreased at an annualized rate of 47.9%,  from $80M in 2017 to $3.08M in 2022.

In 2022, Algeria 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, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $24.8M to Algeria. The main products exported from Kuwait to Algeria were Ethylene Polymers ($11.6M), Sodium or Potassium Peroxides ($9.93M), and Acrylic Polymers ($936k). During the last 5 years the exports of Kuwait to Algeria have increased at an annualized rate of 4.99%, from $19.4M in 2017 to $24.8M in 2022.

In 2017, Algeria exported $3.08M to Kuwait. The main products exported from Algeria to Kuwait were Hydrogen ($1.92M), Other Vegetables ($660k), and Margarine ($199k). During the last 5 years the exports of Algeria to Kuwait have decreased at an annualized rate of 47.9%, from $80M in 2022 to $3.08M in 2017.

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

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

Latest Data

Trade between Kuwait (Flag) and Algeria (Flag)

Kuwait Exports

Algeria Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Algeria
Top Destination
Italy$16.9B

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

In 2022, countries that imported more from Kuwait than Algeria included China ($24.3B), India ($15B), and Japan ($8.64B).

In 2022, countries that imported more from Algeria than Kuwait included Italy ($16.9B), Spain ($7.11B), and France ($6.99B).

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

Comparative Advantage Kuwait - Algeria

Flow
Scale

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

During 2022, Kuwait had a large net trade with Algeria in the exports of Plastics and Rubbers ($12.5M), Chemical Products ($10.1M), and Textiles ($1.39M).

During 2017, Algeria had a large net trade with Kuwait in the exports of Chemical Products ($1.92M), Vegetable Products ($703k), and Animal and Vegetable Bi-Products ($201k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kuwait Algeria+$2.56MEthylene Polymers
Top Product Potential Algeria Kuwait+$134kTropical Fruits

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 Algeria. This means that a dot/product with the flag of Kuwait indicates it has a comparative advantage over Algeria. Similarly, a dot/product with the flag of Algeria indicates it has a comparative advantage over Kuwait.

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

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