Kuwait (KWT) and Israel (ISR) Trade | The Observatory of Economic Complexity

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Kuwait-Israel Trade: In 2012, Kuwait exported $1k to Israel. The main products that Kuwait exported to Israel were N/A. Over the past 9 years the exports of Kuwait to Israel have decreased at an annualized rate of 28.3%, from $20k in 2003 to $1k in 2012.

In 2012, Kuwait did not export any services to Israel.

Israel-Kuwait Trade: In 2012, Israel exported $293k to Kuwait. The main products that Israel exported to Kuwait were N/A. Over the past 9 years the exports of Israel to Kuwait have decreased at an annualized rate of 34.7%, from $2.47M in 2003 to $293k in 2012.

In 2012, Israel 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, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2012, Kuwait exported $1k to Israel. There were not main exports from Kuwait to Israel in 2012. During the last 9 years the exports of Kuwait to Israel have decreased at an annualized rate of 28.3%, from $20k in 2003 to $1k in 2012.

In 2008, Israel exported $293k to Kuwait. There were not main exports from Israel to Kuwait in 2008. During the last 5 years the exports of Israel to Kuwait have decreased at an annualized rate of 34.7%, from $2.47M in 2013 to $293k in 2008.

Exports from Kuwait () to Israel () (2013)

Exports from Israel () to Kuwait () (2013)

Latest Data

Trade between Kuwait () and Israel ()

Israel Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$17.4B

Israel
Top DestinationUnited States$20.3B

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

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

In 2023, countries that imported more from Israel than Kuwait included United States ($20.3B), Ireland ($4.22B), and Hong Kong ($2.46B).

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

Comparative Advantage Kuwait - Israel

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2012, Kuwait had a large net trade with Israel in the exports of .

During 2008, Israel had a large net trade with Kuwait in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kuwait Israel+$9.75kCrude Petroleum

Top Product Potential Israel Kuwait+$4.89kTelephones

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

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Historical Data

Bilateral Trade by Products

Exports from Kuwait () to Israel () (2013)

Exports from Israel () to Kuwait () (2013)

Latest Data

Trade between Kuwait () and Israel ()

Israel Exports

Market Competitiveness

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

Comparative Advantage Kuwait - Israel

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kuwait () and Israel () (2013)

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