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
Flag
 GDP
$21.2BCURRENT US$
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2012-2022
Flag
GDP GROWTH
178%CURRENT US$
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2022
Flag
GDP PC 
$43,233CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
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2022
Flag
GDP PC
$1,532CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
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About

Kuwait-Guinea In 2022, Kuwait exported $10.9M to Guinea. The main products that Kuwait exported to Guinea are Aluminium Cans ($6.19M), Organic Composite Solvents ($3.93M), and Cars ($683k). During the last 27 years the exports of Kuwait to Guinea have increased at an annualized rate of 37.3%, from $2.09k in 1995 to $10.9M in 2022.

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

Guinea-Kuwait In 2022, Guinea exported $416k to Kuwait. The main products that Guinea exported to Kuwait were Other Animals ($390k), Beauty Products ($8.04k), and Cocoa Powder ($6.22k). During the last 27 years the exports of Guinea to Kuwait have increased at an annualized rate of 31.8%, from $240 in 1995 to $416k in 2022.

In 2022, Guinea 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, Guinea ranked 124 in the Economic Complexity Index (ECI -2.66), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $10.9M to Guinea. The main products exported from Kuwait to Guinea were Aluminium Cans ($6.19M), Organic Composite Solvents ($3.93M), and Cars ($683k). During the last 27 years the exports of Kuwait to Guinea have increased at an annualized rate of 37.3%, from $2.09k in 1995 to $10.9M in 2022.

In 2022, Guinea exported $416k to Kuwait. The main products exported from Guinea to Kuwait were Other Animals ($390k), Beauty Products ($8.04k), and Cocoa Powder ($6.22k). During the last 22 years the exports of Guinea to Kuwait have increased at an annualized rate of 31.8%, from $240 in 2000 to $416k in 2022.

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

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

Latest Data

Trade between Kuwait (Flag) and Guinea (Flag)

Kuwait Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Guinea
Top Destination
China$3.81B

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

In 2021, countries that imported more from Kuwait than Guinea were China ($24.3B), India ($15B), and South Korea ($10.8B).

In 2021, countries that imported more from Guinea than Kuwait were Switzerland ($347M), Germany ($147M), and Spain ($211M).

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

Comparative Advantage Kuwait - Guinea

Flow
Scale

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

During 2022, Kuwait had a large net trade with Guinea in the exports of Metals ($6.19M), Chemical Products ($3.93M), and Transportation ($757k).

During 2022, Guinea had a large net trade with Kuwait in the exports of Animal Products ($390k), Foodstuffs ($8.62k), and Chemical Products ($8.04k).

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 Guinea. Similarly, the more yellow a dot/product is, the more Guinea has comparative advantage over Kuwait.

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

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