2022
Flag  
GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
 GDP
$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH
278%CURRENT US$
Rnk 1 / 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
$18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH
248%CURRENT US$
Rnk 1 / 186

About

Kuwait-Guyana Trade: In 2022, Kuwait exported $2.49k to Guyana. The main products that Kuwait exported to Guyana were Gas and Liquid Flow Measuring Instruments ($2.49k). Over the past 10 years the exports of Kuwait to Guyana have increased at an annualized rate of 23.2%, from $310 in 2012 to $2.49k in 2022.

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

Guyana-Kuwait Trade: In 2022, Guyana exported $194k to Kuwait. The main products that Guyana exported to Kuwait were Excavation Machinery ($106k), Other Animals ($76.4k), and Other Processed Fruits and Nuts ($5.27k). Over the past 10 years the exports of Guyana to Kuwait have increased at an annualized rate of 68.8%,  from $14.2k in 2012 to $194k in 2022.

In 2022, Guyana 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, Guyana ranked 80 in total exports ($18.5B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $2.49k to Guyana. The main products exported from Kuwait to Guyana were Gas and Liquid Flow Measuring Instruments ($2.49k). During the last 10 years the exports of Kuwait to Guyana have increased at an annualized rate of 23.2%, from $310 in 2012 to $2.49k in 2022.

In 2017, Guyana exported $194k to Kuwait. The main products exported from Guyana to Kuwait were Excavation Machinery ($106k), Other Animals ($76.4k), and Other Processed Fruits and Nuts ($5.27k). During the last 5 years the exports of Guyana to Kuwait have increased at an annualized rate of 68.8%, from $14.2k in 2022 to $194k in 2017.

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

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

Latest Data

Trade between Kuwait (Flag) and Guyana (Flag)

Kuwait Exports

Date

Guyana Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Guyana
Top Destination
Panama$5.84B

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

In 2022, countries that imported more from Guyana than Kuwait included Panama ($5.84B), Netherlands ($2.86B), and Germany ($1.06B).

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

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 2022, Kuwait had a large net trade with Guyana in the exports of Instruments ($2.49k).

During 2017, Guyana had a large net trade with Kuwait in the exports of Machines ($106k), Animal Products ($76.4k), and Textiles ($6.39k).

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) (2022)

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