2022
Flag  
GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
 GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH
135%CURRENT US$
Rnk 7 / 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
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186

About

Kuwait-Ireland Trade: In 2022, Kuwait exported $207M to Ireland. The main products that Kuwait exported to Ireland were Refined Petroleum ($206M), Precious Metal Watches ($521k), and Office Machine Parts ($511k). Over the past 5 years the exports of Kuwait to Ireland have increased at an annualized rate of 252%, from $382k in 2017 to $207M in 2022.

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

Ireland-Kuwait Trade: In 2022, Ireland exported $587M to Kuwait. The main products that Ireland exported to Kuwait were Packaged Medicaments ($122M), Medical Instruments ($86.6M), and Flavored Water ($79.5M). Over the past 5 years the exports of Ireland to Kuwait have increased at an annualized rate of 27.5%,  from $174M in 2017 to $587M in 2022.

In 2022, Ireland 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, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).

Historical Data

Latest Data

Trade between Kuwait (Flag) and Ireland (Flag)

Kuwait Exports

Ireland Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Ireland
Top Destination
United States$70.7B

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

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

In 2022, countries that imported more from Ireland than Kuwait included United States ($70.7B), Germany ($28.6B), and Belgium ($17B).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kuwait Ireland+$30.1MRefined Petroleum
Top Product Potential Ireland Kuwait+$19.8MPackaged Medicaments

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 Ireland. This means that a dot/product with the flag of Kuwait indicates it has a comparative advantage over Ireland. Similarly, a dot/product with the flag of Ireland indicates it has a comparative advantage over Kuwait.

Product Space of Kuwait (Flag) and Ireland (Flag) (NaN)

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