2023
Flag  
GDP
$164BCURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP GROWTH
-6.01%CURRENT US$
Rnk 178 / 195
2023
Flag
 GDP
$17.4BCURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP GROWTH
28.9%CURRENT US$
Rnk 117 / 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
$3,372CURRENT US$
Rnk 140 / 196
2013-2023
Flag
GDP PC GROWTH
1.72%CURRENT US$
Rnk 151 / 195

About

Kuwait-Palestine Trade: In 2023, Kuwait exported $5.81M to Palestine. The main products that Kuwait exported to Palestine were Aluminium Cans ($4.75M), Concentrated Milk ($489k), and Confectionery Sugar ($133k). Over the past 5 years the exports of Kuwait to Palestine have increased at an annualized rate of 51.9%, from $718k in 2018 to $5.81M in 2023.

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

Palestine-Kuwait Trade: In 2023, Palestine exported $3.53M to Kuwait. The main products that Palestine exported to Kuwait were Pure Olive Oil ($1.96M), Milling Stones ($406k), and Tropical Fruits ($291k). Over the past 5 years the exports of Palestine to Kuwait have decreased at an annualized rate of 4.4%,  from $4.42M in 2018 to $3.53M in 2023.

In 2023, Palestine 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, Palestine ranked 189 in total exports ($189M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Kuwait exported $5.81M to Palestine. The main products exported from Kuwait to Palestine were Aluminium Cans ($4.75M), Concentrated Milk ($489k), and Confectionery Sugar ($133k). During the last 5 years the exports of Kuwait to Palestine have increased at an annualized rate of 51.9%, from $718k in 2018 to $5.81M in 2023.

In 2018, Palestine exported $3.53M to Kuwait. The main products exported from Palestine to Kuwait were Pure Olive Oil ($1.96M), Milling Stones ($406k), and Tropical Fruits ($291k). During the last 5 years the exports of Palestine to Kuwait have decreased at an annualized rate of 4.4%, from $4.42M in 2023 to $3.53M in 2018.

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

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

Latest Data

Trade between Kuwait (Flag) and Palestine (Flag)

Kuwait Exports

Palestine Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$17.4B
Palestine
Top Destination
Jordan$96.6M

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

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

In 2023, countries that imported more from Palestine than Kuwait included Malta ($510k), Uzbekistan ($465k), and Azerbaijan ($442k).

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

Comparative Advantage Kuwait - Palestine

Flow
Scale

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

During 2023, Kuwait had a large net trade with Palestine in the exports of Metals ($4.8M), Animal Products ($536k), and Foodstuffs ($391k).

During 2018, Palestine had a large net trade with Kuwait in the exports of Animal and Vegetable Bi-Products ($1.96M), Stone And Glass ($679k), and Vegetable Products ($577k).

Economic Complexity

Competitive Landscape

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

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

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