2023
Flag  
GDP
$164BCURRENT US$
Rnk 58 / 195
2013-2023
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GDP GROWTH
-6.01%CURRENT US$
Rnk 178 / 195
2023
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 GDP
$396BCURRENT US$
Rnk 38 / 195
2013-2023
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GDP GROWTH
37.3%CURRENT US$
Rnk 99 / 195
2023
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GDP PC 
$33,730CURRENT US$
Rnk 39 / 195
2013-2023
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GDP PC GROWTH
-32.1%CURRENT US$
Rnk 187 / 195
2023
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GDP PC
$3,457CURRENT US$
Rnk 139 / 196
2013-2023
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GDP PC GROWTH
14.3%CURRENT US$
Rnk 121 / 195

About

Kuwait-Egypt Trade: In 2023, Kuwait exported $2.78B to Egypt. The main products that Kuwait exported to Egypt were Refined Petroleum ($1.57B), Crude Petroleum ($1.04B), and Cars ($60.6M). Over the past 5 years the exports of Kuwait to Egypt have increased at an annualized rate of 3.55%, from $2.33B in 2018 to $2.78B in 2023.

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

Egypt-Kuwait Trade: In 2023, Egypt exported $437M to Kuwait. The main products that Egypt exported to Kuwait were Insulated Wire ($35.2M), Copper Wire ($27.5M), and Video Displays ($25.7M). Over the past 5 years the exports of Egypt to Kuwait have increased at an annualized rate of 0.35%,  from $429M in 2018 to $437M in 2023.

In 2023, Egypt 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, Egypt ranked 66 in the Economic Complexity Index (ECI -0.11), and 58 in total exports ($51.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Kuwait exported $2.78B to Egypt. The main products exported from Kuwait to Egypt were Refined Petroleum ($1.57B), Crude Petroleum ($1.04B), and Cars ($60.6M). During the last 5 years the exports of Kuwait to Egypt have increased at an annualized rate of 3.55%, from $2.33B in 2018 to $2.78B in 2023.

In 2018, Egypt exported $437M to Kuwait. The main products exported from Egypt to Kuwait were Insulated Wire ($35.2M), Copper Wire ($27.5M), and Video Displays ($25.7M). During the last 5 years the exports of Egypt to Kuwait have increased at an annualized rate of 0.35%, from $429M in 2023 to $437M in 2018.

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

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

Latest Data

Trade between Kuwait (Flag) and Egypt (Flag)

Kuwait Exports

Egypt Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$17.4B
Egypt
Top Destination
Saudi Arabia$5.31B

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

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

In 2023, countries that imported more from Egypt than Kuwait included Saudi Arabia ($5.31B), Turkey ($4.63B), and Italy ($2.9B).

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

Comparative Advantage Kuwait - Egypt

Flow
Scale

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

During 2023, Kuwait had a large net trade with Egypt in the exports of Mineral Products ($2.67B), Transportation ($62.5M), and Chemical Products ($12.3M).

During 2018, Egypt had a large net trade with Kuwait in the exports of Vegetable Products ($90.4M), Foodstuffs ($77.5M), and Machines ($66.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kuwait Egypt+$175MRefined Petroleum
Top Product Potential Egypt Kuwait+$29.2MPetroleum Gas

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

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

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