2022
Flag  
GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
GDP PC 
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186

About

Kuwait-Eritrea Trade: In 2022, Kuwait exported $19.5k to Eritrea. The main products that Kuwait exported to Eritrea were Hypochlorites ($18.5k) and Used Clothing ($1.06k). Over the past 5 years the exports of Kuwait to Eritrea have increased at an annualized rate of 10.1%, from $12k in 2017 to $19.5k in 2022.

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

Eritrea-Kuwait Trade: In 2022, Eritrea exported $18.6k to Kuwait. The main products that Eritrea exported to Kuwait were Non-Knit Women's Suits ($16.3k), Engine Parts ($1.82k), and Broadcasting Equipment ($539). Over the past 5 years the exports of Eritrea to Kuwait have increased at an annualized rate of 6.06%,  from $13.9k in 2017 to $18.6k in 2022.

In 2022, Eritrea 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, Eritrea ranked 163 in total exports ($789M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $19.5k to Eritrea. The main products exported from Kuwait to Eritrea were Hypochlorites ($18.5k) and Used Clothing ($1.06k). During the last 5 years the exports of Kuwait to Eritrea have increased at an annualized rate of 10.1%, from $12k in 2017 to $19.5k in 2022.

In 2017, Eritrea exported $18.6k to Kuwait. The main products exported from Eritrea to Kuwait were Non-Knit Women's Suits ($16.3k), Engine Parts ($1.82k), and Broadcasting Equipment ($539). During the last 5 years the exports of Eritrea to Kuwait have increased at an annualized rate of 6.06%, from $13.9k in 2022 to $18.6k in 2017.

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

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

Latest Data

Trade between Kuwait (Flag) and Eritrea (Flag)

Kuwait Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Eritrea
Top Destination
China$412M

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 2022, countries that imported more from Kuwait than Eritrea included China ($24.3B), India ($15B), and South Korea ($10.8B).

In 2022, countries that imported more from Eritrea than Kuwait included Croatia ($3.42M), Namibia ($2.73k), and Israel ($997).

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

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 2022, Kuwait had a large net trade with Eritrea in the exports of Chemical Products ($18.5k) and Textiles ($1.06k).

During 2017, Eritrea had a large net trade with Kuwait in the exports of Textiles ($16.3k) and Machines ($2.36k).

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) (2022)

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