2022
Flag  
GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
 GDP
$237BCURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP GROWTH
27%CURRENT US$
Rnk 105 / 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
$88,046CURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP PC GROWTH
-10.2%CURRENT US$
Rnk 163 / 186

About

Kuwait-Qatar Trade: In 2022, Kuwait exported $704M to Qatar. The main products that Kuwait exported to Qatar were Cars ($54.8M), Electrical Control Boards ($53M), and Prefabricated Buildings ($40.3M). Over the past 5 years the exports of Kuwait to Qatar have increased at an annualized rate of 13.8%, from $369M in 2017 to $704M in 2022.

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

Qatar-Kuwait Trade: In 2022, Qatar exported $820M to Kuwait. The main products that Qatar exported to Kuwait were Iron Reductions ($601M), Valves ($78M), and Insulated Wire ($34.3M). Over the past 5 years the exports of Qatar to Kuwait have increased at an annualized rate of 10.6%,  from $495M in 2017 to $820M in 2022.

In 2022, Qatar 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, Qatar ranked 71 in the Economic Complexity Index (ECI -0.15), and 38 in total exports ($119B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $704M to Qatar. The main products exported from Kuwait to Qatar were Cars ($54.8M), Electrical Control Boards ($53M), and Prefabricated Buildings ($40.3M). During the last 5 years the exports of Kuwait to Qatar have increased at an annualized rate of 13.8%, from $369M in 2017 to $704M in 2022.

In 2017, Qatar exported $820M to Kuwait. The main products exported from Qatar to Kuwait were Iron Reductions ($601M), Valves ($78M), and Insulated Wire ($34.3M). During the last 5 years the exports of Qatar to Kuwait have increased at an annualized rate of 10.6%, from $495M in 2022 to $820M in 2017.

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

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

Latest Data

Trade between Kuwait (Flag) and Qatar (Flag)

Kuwait Exports

Qatar Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Qatar
Top Destination
China$21.1B

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

In 2022, countries that imported more from Kuwait than Qatar included Vietnam ($5.7B), Chinese Taipei ($7.34B), and China ($24.3B).

In 2022, countries that imported more from Qatar than Kuwait included Belgium ($5.51B), United Kingdom ($7.5B), and Italy ($5.38B).

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

Comparative Advantage Kuwait - Qatar

Flow
Scale

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

During 2022, Kuwait had a large net trade with Qatar in the exports of Machines ($109M), Foodstuffs ($97.3M), and Chemical Products ($81M).

During 2017, Qatar had a large net trade with Kuwait in the exports of Metals ($620M), Machines ($113M), and Chemical Products ($42.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kuwait Qatar+$8.42MCars
Top Product Potential Qatar Kuwait+$4.11MRefined Petroleum

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

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

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