2022
Flag  
GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
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GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
 GDP
$2.27BCURRENT US$
Rnk 166 / 186
2012-2022
Flag
GDP GROWTH
60.6%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC 
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186
2022
Flag
GDP PC
$840CURRENT US$
Rnk 172 / 186
2012-2022
Flag
GDP PC GROWTH
22.4%CURRENT US$
Rnk 78 / 186

About

Kuwait-Gambia Trade: In 2022, Kuwait exported $98.1k to Gambia. The main products that Kuwait exported to Gambia were Glass Fibers ($71.4k) and Hot-Rolled Iron ($26.7k). Over the past 5 years the exports of Kuwait to Gambia have increased at an annualized rate of 36.3%, from $20.8k in 2017 to $98.1k in 2022.

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

Gambia-Kuwait Trade: In 2022, Gambia exported $167k to Kuwait. The main products that Gambia exported to Kuwait were Aluminium Foil ($162k), Woven Fabrics ($3.19k), and Knit Gloves ($1.87k). Over the past 5 years the exports of Gambia to Kuwait have increased at an annualized rate of 188%,  from $847 in 2017 to $167k in 2022.

In 2022, Gambia 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, Gambia ranked 193 in total exports ($170M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $98.1k to Gambia. The main products exported from Kuwait to Gambia were Glass Fibers ($71.4k) and Hot-Rolled Iron ($26.7k). During the last 5 years the exports of Kuwait to Gambia have increased at an annualized rate of 36.3%, from $20.8k in 2017 to $98.1k in 2022.

In 2017, Gambia exported $167k to Kuwait. The main products exported from Gambia to Kuwait were Aluminium Foil ($162k), Woven Fabrics ($3.19k), and Knit Gloves ($1.87k). During the last 5 years the exports of Gambia to Kuwait have increased at an annualized rate of 188%, from $847 in 2022 to $167k in 2017.

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

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

Latest Data

Trade between Kuwait (Flag) and Gambia (Flag)

Kuwait Exports

Date

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Gambia
Top Destination
India$52.9M

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

In 2022, countries that imported more from Gambia than Kuwait included Chile ($11.1M), Guyana ($1.73M), and Israel ($725k).

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

Comparative Advantage Kuwait - Gambia

Flow
Scale

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

During 2022, Kuwait had a large net trade with Gambia in the exports of Stone And Glass ($71.4k) and Metals ($26.7k).

During 2017, Gambia had a large net trade with Kuwait in the exports of Metals ($162k) and Textiles ($5.06k).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

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

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