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2023
Flag → Flag
Exports $5.98kRnk 144 / 159
2023
Flag → Flag
Top Product $5.98kValves
2023
Flag → Flag
Exports $54kRnk 96 / 147
2023
Flag → Flag
Top Product $27kOther Animals
2023
Flag
Economic Complexity (ECI) ECI 0.21Rnk 53 / 132
2023
Flag  
GDP$164BCURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP GROWTH-6.01%CURRENT US$
Rnk 178 / 195
2023
Flag
 GDP$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH312%CURRENT US$
Rnk 1 / 195
2023
Flag
GDP PC $33,730CURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP PC GROWTH-32.1%CURRENT US$
Rnk 187 / 195
2023
Flag
GDP PC$20,765CURRENT US$
Rnk 63 / 196
2013-2023
Flag
GDP PC GROWTH274%CURRENT US$
Rnk 1 / 195

About

Kuwait-Guyana Trade: In 2023, Kuwait exported $5.98k to Guyana. The main products that Kuwait exported to Guyana were Valves ($5.98k). Over the past 9 years the exports of Kuwait to Guyana have decreased at an annualized rate of 6.15%, from $10.6k in 2014 to $5.98k in 2023.

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

Guyana-Kuwait Trade: In 2023, Guyana exported $54k to Kuwait. The main products that Guyana exported to Kuwait were Other Animals ($27k), Surveying Equipment ($13.1k), and Transmissions ($8.47k). Over the past 9 years the exports of Guyana to Kuwait have decreased at an annualized rate of 11.7%,  from $165k in 2014 to $54k in 2023.

In 2023, Guyana 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, Guyana ranked 84 in total exports ($17.4B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Kuwait exported $5.98k to Guyana. The main products exported from Kuwait to Guyana were Valves ($5.98k). During the last 9 years the exports of Kuwait to Guyana have decreased at an annualized rate of 6.15%, from $10.6k in 2014 to $5.98k in 2023.

In 2018, Guyana exported $54k to Kuwait. The main products exported from Guyana to Kuwait were Other Animals ($27k), Surveying Equipment ($13.1k), and Transmissions ($8.47k). During the last 5 years the exports of Guyana to Kuwait have decreased at an annualized rate of 11.7%, from $165k in 2023 to $54k in 2018.

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

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

Latest Data

Trade between Kuwait (Flag) and Guyana (Flag)

Kuwait Exports

Date

Guyana Exports

Market Competitiveness

Color
Kuwait
Top DestinationChina$17.4B
Guyana
Top DestinationUnited States$3.51B

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

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

In 2023, countries that imported more from Guyana than Kuwait included Trinidad and Tobago ($1.9B), United States ($3.51B), and Netherlands ($1.82B).

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

Comparative Advantage Kuwait - Guyana

Flow
Scale

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

During 2023, Kuwait had a large net trade with Guyana in the exports of Machines ($5.98k).

During 2018, Guyana had a large net trade with Kuwait in the exports of Animal Products ($27k), Instruments ($14.5k), and Machines ($8.95k).

Economic Complexity

Competitive Landscape

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

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

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