2022
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GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
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GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
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 GDP
$984MCURRENT US$
Rnk 176 / 186
2012-2022
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GDP GROWTH
31.5%CURRENT US$
Rnk 95 / 186
2022
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GDP PC 
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
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GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186
2022
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GDP PC
$3,010CURRENT US$
Rnk 134 / 186
2012-2022
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GDP PC GROWTH
3.58%CURRENT US$
Rnk 133 / 186

About

Kuwait-Vanuatu In 2015, Kuwait exported $23.3k to Vanuatu. The main products that Kuwait exported to Vanuatu are N/A. During the last 9 years the exports of Kuwait to Vanuatu have increased at an annualized rate of 26.5%, from $2.81k in 2006 to $23.3k in 2015.

In 2015, Kuwait did not export any services to Vanuatu.

Vanuatu-Kuwait In 2015, Vanuatu exported $1.45k to Kuwait. The main products that Vanuatu exported to Kuwait were Industrial Food Preperation Machinery ($728) and Knit Women's Suits ($725). During the last 9 years the exports of Vanuatu to Kuwait have decreased at an annualized rate of 16.9%, from $7.73k in 2006 to $1.45k in 2015.

In 2015, Vanuatu 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, Vanuatu ranked 186 in total exports ($205M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2015, Kuwait exported $23.3k to Vanuatu. There were not main exports from Kuwait to Vanuatu in 2015. During the last 9 years the exports of Kuwait to Vanuatu have increased at an annualized rate of 26.5%, from $2.81k in 2006 to $23.3k in 2015.

In 2022, Vanuatu exported $1.45k to Kuwait. The main products exported from Vanuatu to Kuwait were Industrial Food Preperation Machinery ($728) and Knit Women's Suits ($725). During the last 3 years the exports of Vanuatu to Kuwait have decreased at an annualized rate of 16.9%, from $7.73k in 2019 to $1.45k in 2022.

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

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

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Vanuatu
Top Destination
Thailand$86.1M

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

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

In 2021, countries that imported more from Vanuatu than Kuwait were Fiji ($6.36M), Chile ($643k), and Azerbaijan ($360k).

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

Comparative Advantage Kuwait - Vanuatu

Flow
Scale

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

During 2015, Kuwait had a large net trade with Vanuatu in the exports of .

During 2022, Vanuatu had a large net trade with Kuwait in the exports of Machines ($728) and Textiles ($725).

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 Vanuatu. Similarly, the more yellow a dot/product is, the more Vanuatu has comparative advantage over Kuwait.

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

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