2023
Flag  
GDP
$164BCURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP GROWTH
-6.01%CURRENT US$
Rnk 178 / 195
2023
Flag
GDP PC 
$33,730CURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP PC GROWTH
-32.1%CURRENT US$
Rnk 187 / 195

About

Kuwait-Eritrea Trade: In 2023, Kuwait exported $1.3k to Eritrea. The main products that Kuwait exported to Eritrea were Used Clothing ($1.3k). Over the past 5 years the exports of Kuwait to Eritrea have decreased at an annualized rate of 38.6%, from $14.9k in 2018 to $1.3k in 2023.

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

Eritrea-Kuwait Trade: In 2023, Eritrea exported $31.2k to Kuwait. The main products that Eritrea exported to Kuwait were Non-Knit Women's Shirts ($12.5k), Non-Knit Women's Suits ($11.1k), and Low-voltage Protection Equipment ($3.58k). Over the past 5 years the exports of Eritrea to Kuwait have increased at an annualized rate of 79.5%,  from $1.67k in 2018 to $31.2k in 2023.

In 2023, Eritrea 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, Eritrea ranked 169 in total exports ($529M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Kuwait exported $1.3k to Eritrea. The main products exported from Kuwait to Eritrea were Used Clothing ($1.3k). During the last 5 years the exports of Kuwait to Eritrea have decreased at an annualized rate of 38.6%, from $14.9k in 2018 to $1.3k in 2023.

In 2018, Eritrea exported $31.2k to Kuwait. The main products exported from Eritrea to Kuwait were Non-Knit Women's Shirts ($12.5k), Non-Knit Women's Suits ($11.1k), and Low-voltage Protection Equipment ($3.58k). During the last 5 years the exports of Eritrea to Kuwait have increased at an annualized rate of 79.5%, from $1.67k in 2023 to $31.2k in 2018.

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

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

Latest Data

Trade between Kuwait (Flag) and Eritrea (Flag)

Kuwait Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$17.4B
Eritrea
Top Destination
China$355M

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

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

In 2023, countries that imported more from Eritrea than Kuwait included Croatia ($3.33M), Madagascar ($268k), and Israel ($39k).

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

Comparative Advantage Kuwait - Eritrea

Flow
Scale

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

During 2023, Kuwait had a large net trade with Eritrea in the exports of Textiles ($1.3k).

During 2018, Eritrea had a large net trade with Kuwait in the exports of Textiles ($24.1k), Machines ($4.12k), and Metals ($2.98k).

Economic Complexity

Competitive Landscape

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

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

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