2022
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GDP
$185BCURRENT US$
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2012-2022
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GDP GROWTH
6.04%CURRENT US$
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2022
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 GDP
$30.6BCURRENT US$
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2012-2022
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GDP GROWTH
43.9%CURRENT US$
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2022
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GDP PC 
$43,233CURRENT US$
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2012-2022
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GDP PC GROWTH
-15.7%CURRENT US$
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2022
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GDP PC
$3,020CURRENT US$
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2012-2022
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GDP PC GROWTH
13.8%CURRENT US$
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About

Kuwait-Papua New Guinea In 2022, Kuwait exported $22.5k to Papua New Guinea. The main products that Kuwait exported to Papua New Guinea are Cars ($16.1k) and Lifting Machinery ($6.39k). During the last 24 years the exports of Kuwait to Papua New Guinea have increased at an annualized rate of 7.91%, from $3.62k in 1998 to $22.5k in 2022.

In 2022, Kuwait did not export any services to Papua New Guinea.

Papua New Guinea-Kuwait In 2022, Papua New Guinea exported $10.9k to Kuwait. The main products that Papua New Guinea exported to Kuwait were Valves ($10.9k). During the last 24 years the exports of Papua New Guinea to Kuwait have decreased at an annualized rate of 1.33%, from $15.1k in 1998 to $10.9k in 2022.

In 2022, Papua New Guinea did not export any services to Kuwait.

Comparison In 2022,  Kuwait ranked 53 in the Economic Complexity Index (ECI 0.16), and 42 in total exports ($101B). That same year, Papua New Guinea ranked 120 in the Economic Complexity Index (ECI -1.84), and 87 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $22.5k to Papua New Guinea. The main products exported from Kuwait to Papua New Guinea were Cars ($16.1k) and Lifting Machinery ($6.39k). During the last 24 years the exports of Kuwait to Papua New Guinea have increased at an annualized rate of 7.91%, from $3.62k in 1998 to $22.5k in 2022.

In 2022, Papua New Guinea exported $10.9k to Kuwait. The main products exported from Papua New Guinea to Kuwait were Valves ($10.9k). During the last 15 years the exports of Papua New Guinea to Kuwait have decreased at an annualized rate of 1.33%, from $15.1k in 2007 to $10.9k in 2022.

Exports from Kuwait (Flag) to Papua New Guinea (Flag) (2022)

Exports from Papua New Guinea (Flag) to Kuwait (Flag) (2022)

Latest Data

Trade between Kuwait (Flag) and Papua New Guinea (Flag)

Kuwait Exports

Date

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Papua New Guinea
Top Destination
Japan$4.03B

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

In 2021, countries that imported more from Kuwait than Papua New Guinea were China ($24.3B), India ($15B), and South Korea ($10.8B).

In 2021, countries that imported more from Papua New Guinea than Kuwait were Australia ($1.74B), Brunei ($321M), and Netherlands ($436M).

Difference in imports from Papua New Guinea (Flag) and Kuwait (Flag) (2022)

Comparative Advantage Kuwait - Papua New Guinea

Flow
Scale

This chart compares trade between Kuwait and Papua New Guinea by product, considering products traded by both, Kuwait and Papua New Guinea.

During 2022, Kuwait had a large net trade with Papua New Guinea in the exports of Transportation ($16.1k) and Machines ($6.39k).

During 2022, Papua New Guinea had a large net trade with Kuwait in the exports of Machines ($10.9k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Kuwait has comparative advantage over Papua New Guinea. Similarly, the more yellow a dot/product is, the more Papua New Guinea has comparative advantage over Kuwait.

Product Space of Kuwait (Flag) and Papua New Guinea (Flag) (2022)

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