2022
Flag  
GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
 GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 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
$4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH
-18.4%CURRENT US$
Rnk 170 / 186

About

Kuwait-Namibia Trade: In 2022, Kuwait exported $713 to Namibia. The main products that Kuwait exported to Namibia were Hats ($439), Eyewear Frames ($249), and Shaving Products ($25). Over the past 6 years the exports of Kuwait to Namibia have decreased at an annualized rate of 22.7%, from $3.35k in 2016 to $713 in 2022.

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

Namibia-Kuwait Trade: In 2022, Namibia exported $3M to Kuwait. The main products that Namibia exported to Kuwait were Wood Charcoal ($2.37M), Grapes ($283k), and Letter Stock ($175k). Over the past 6 years the exports of Namibia to Kuwait have increased at an annualized rate of 80.3%,  from $157k in 2016 to $3M in 2022.

In 2022, Namibia 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, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $713 to Namibia. The main products exported from Kuwait to Namibia were Hats ($439), Eyewear Frames ($249), and Shaving Products ($25). During the last 6 years the exports of Kuwait to Namibia have decreased at an annualized rate of 22.7%, from $3.35k in 2016 to $713 in 2022.

In 2017, Namibia exported $3M to Kuwait. The main products exported from Namibia to Kuwait were Wood Charcoal ($2.37M), Grapes ($283k), and Letter Stock ($175k). During the last 5 years the exports of Namibia to Kuwait have increased at an annualized rate of 80.3%, from $157k in 2022 to $3M in 2017.

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

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

Latest Data

Trade between Kuwait (Flag) and Namibia (Flag)

Namibia Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Namibia
Top Destination
South Africa$1.75B

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

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

In 2022, countries that imported more from Namibia than Kuwait included South Africa ($1.75B), Botswana ($672M), and Zambia ($279M).

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

Comparative Advantage Kuwait - Namibia

Flow
Scale

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

During 2022, Kuwait had a large net trade with Namibia in the exports of Footwear and Headwear ($439), Instruments ($249), and Chemical Products ($25).

During 2017, Namibia had a large net trade with Kuwait in the exports of Wood Products ($2.44M), Vegetable Products ($313k), and Paper Goods ($210k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kuwait Namibia+$4.92kRefined Petroleum
Top Product Potential Namibia Kuwait+$117kGrapes

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

Product Space of Kuwait (Flag) and Namibia (Flag) (2022)

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