2023
Flag  
GDP
$164BCURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP GROWTH
-6.01%CURRENT US$
Rnk 178 / 195
2023
Flag
 GDP
$45.8BCURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP GROWTH
-11.1%CURRENT US$
Rnk 182 / 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
$67,477CURRENT US$
Rnk 15 / 196
2013-2023
Flag
GDP PC GROWTH
-22.5%CURRENT US$
Rnk 181 / 195

About

Kuwait-Macau Trade: In 2023, Kuwait exported $38.6k to Macau. The main products that Kuwait exported to Macau were Glass Fibers ($38.6k). Over the past 19 years the exports of Kuwait to Macau have increased at an annualized rate of 10.6%, from $5.71k in 2004 to $38.6k in 2023.

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

Macau-Kuwait Trade: In 2023, Macau exported $191k to Kuwait. The main products that Macau exported to Kuwait were Knit Men's Undergarments ($60.6k), Non-Knit Women's Suits ($41.9k), and Ceramic Tableware ($15.2k). Over the past 19 years the exports of Macau to Kuwait have decreased at an annualized rate of 2%,  from $211k in 2004 to $191k in 2023.

In 2023, Macau 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, Macau ranked 145 in total exports ($1.93B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Kuwait exported $38.6k to Macau. The main products exported from Kuwait to Macau were Glass Fibers ($38.6k). During the last 19 years the exports of Kuwait to Macau have increased at an annualized rate of 10.6%, from $5.71k in 2004 to $38.6k in 2023.

In 2018, Macau exported $191k to Kuwait. The main products exported from Macau to Kuwait were Knit Men's Undergarments ($60.6k), Non-Knit Women's Suits ($41.9k), and Ceramic Tableware ($15.2k). During the last 5 years the exports of Macau to Kuwait have decreased at an annualized rate of 2%, from $211k in 2023 to $191k in 2018.

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

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

Market Competitiveness

Color
Kuwait
Top Destination
China$17.4B
Macau
Top Destination
Hong Kong$1.4B

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

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

In 2023, countries that imported more from Macau than Kuwait included Hong Kong ($1.4B), Israel ($9.34M), and Hungary ($10.1M).

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

Comparative Advantage Kuwait - Macau

Flow
Scale

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

During 2023, Kuwait had a large net trade with Macau in the exports of Stone And Glass ($38.6k).

During 2018, Macau had a large net trade with Kuwait in the exports of Textiles ($134k), Stone And Glass ($15.2k), and Instruments ($13.8k).

Economic Complexity

Competitive Landscape

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

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

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