2023
Flag  
GDP
$164BCURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP GROWTH
-6.01%CURRENT US$
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2023
Flag
 GDP
$79.1BCURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP GROWTH
73.2%CURRENT US$
Rnk 37 / 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
$1,224CURRENT US$
Rnk 174 / 196
2013-2023
Flag
GDP PC GROWTH
27.1%CURRENT US$
Rnk 83 / 195

About

Kuwait-Tanzania Trade: In 2023, Kuwait exported $98.7M to Tanzania. The main products that Kuwait exported to Tanzania were Refined Petroleum ($96.4M), Organic Composite Solvents ($1.32M), and Ethylene Polymers ($631k). Over the past 5 years the exports of Kuwait to Tanzania have increased at an annualized rate of 105%, from $2.75M in 2018 to $98.7M in 2023.

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

Tanzania-Kuwait Trade: In 2023, Tanzania exported $6.2M to Kuwait. The main products that Tanzania exported to Kuwait were Sheep and Goat Meat ($4.37M), Coconuts, Brazil Nuts, and Cashews ($884k), and Bovine Meat ($273k). Over the past 5 years the exports of Tanzania to Kuwait have increased at an annualized rate of 42.5%,  from $742k in 2018 to $6.2M in 2023.

In 2023, Tanzania 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, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13), and 99 in total exports ($11.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Kuwait exported $98.7M to Tanzania. The main products exported from Kuwait to Tanzania were Refined Petroleum ($96.4M), Organic Composite Solvents ($1.32M), and Ethylene Polymers ($631k). During the last 5 years the exports of Kuwait to Tanzania have increased at an annualized rate of 105%, from $2.75M in 2018 to $98.7M in 2023.

In 2018, Tanzania exported $6.2M to Kuwait. The main products exported from Tanzania to Kuwait were Sheep and Goat Meat ($4.37M), Coconuts, Brazil Nuts, and Cashews ($884k), and Bovine Meat ($273k). During the last 5 years the exports of Tanzania to Kuwait have increased at an annualized rate of 42.5%, from $742k in 2023 to $6.2M in 2018.

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

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

Latest Data

Trade between Kuwait (Flag) and Tanzania (Flag)

Kuwait Exports

Tanzania Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$17.4B
Tanzania
Top Destination
India$1.74B

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

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

In 2023, countries that imported more from Tanzania than Kuwait included Uganda ($1.35B), South Africa ($1.15B), and Switzerland ($461M).

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

Comparative Advantage Kuwait - Tanzania

Flow
Scale

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

During 2023, Kuwait had a large net trade with Tanzania in the exports of Mineral Products ($96.4M), Chemical Products ($1.52M), and Plastics and Rubbers ($632k).

During 2018, Tanzania had a large net trade with Kuwait in the exports of Animal Products ($4.64M), Vegetable Products ($1.49M), and Wood Products ($57.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kuwait Tanzania+$33.6MRefined Petroleum
Top Product Potential Tanzania Kuwait+$545kCoconuts, Brazil Nuts, and Cashews

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

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

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