Kuwait (KWT) and Gambia (GMB) Trade | The Observatory of Economic Complexity

About

Kuwait-Gambia Trade: In 2023, Kuwait exported $7.94k to Gambia. The main products that Kuwait exported to Gambia were Cars ($7.62k) and Used Clothing ($326). Over the past 5 years the exports of Kuwait to Gambia have decreased at an annualized rate of 34.5%, from $65.9k in 2018 to $7.94k in 2023.

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

Gambia-Kuwait In N/A, Gambia did not export any products to Kuwait.

In 2023, Gambia 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, Gambia ranked 138 in total exports ($3.16B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Kuwait exported $7.94k to Gambia. The main products exported from Kuwait to Gambia were Cars ($7.62k) and Used Clothing ($326). During the last 5 years the exports of Kuwait to Gambia have decreased at an annualized rate of 34.5%, from $65.9k in 2018 to $7.94k in 2023.

Gambia does not register exports to Kuwait. The main products exported from Gambia to Kuwait were Centrifuges ($3.45k) and Beauty Products ($208).

Exports from Kuwait () to Gambia () (2023)

Exports from Gambia () to Kuwait () (2023)

Latest Data

Trade between Kuwait () and Gambia ()

Kuwait Exports

Date

Dec 2017

Nov 2017

Jan 2017

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$17.4B

Gambia
Top DestinationKazakhstan$2.91B

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

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

In 2023, countries that imported more from Gambia than Kuwait included Kazakhstan ($2.91B), Guinea-Bissau ($59.3M), and Mali ($8.85M).

Difference in imports from Gambia () and Kuwait () (2023)

Comparative Advantage Kuwait - Gambia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Kuwait had a large net trade with Gambia in the exports of Transportation ($7.62k) and Textiles ($326).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kuwait Gambia+$2.45kRefined Petroleum

Top Product Potential Gambia Kuwait+$1.72kScrap Iron

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Kuwait () to Gambia () (2023)

Exports from Gambia () to Kuwait () (2023)

Latest Data

Trade between Kuwait () and Gambia ()

Kuwait Exports

Market Competitiveness

Difference in imports from Gambia () and Kuwait () (2023)

Comparative Advantage Kuwait - Gambia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kuwait () and Gambia () (2023)

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