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2023
Flag → Flag
Exports $24.3kRnk 64 / 82
2023
Flag → Flag
Top Product $4.8kBeauty Products
2023
Flag → Flag
Exports $51.8kRnk 10 / 0
2023
Flag
Economic Complexity (ECI) ECI 0.21Rnk 53 / 132
2023
Flag
 GDP$164BCURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP GROWTH-6.01%CURRENT US$
Rnk 178 / 195
2023
Flag
GDP PC$33,730CURRENT US$
Rnk 39 / 196
2013-2023
Flag
GDP PC GROWTH-32.1%CURRENT US$
Rnk 187 / 195

About

North Korea-Kuwait Trade: In 2023, North Korea exported $24.3k to Kuwait. The main products that North Korea exported to Kuwait were Beauty Products ($4.8k), Broadcasting Equipment ($4.07k), and Iron Fasteners ($3.45k). Over the past 5 years the exports of North Korea to Kuwait have decreased at an annualized rate of 12.8%, from $48.2k in 2018 to $24.3k in 2023.

In 2023, North Korea did not export any services to Kuwait.

Kuwait-North Korea Trade: In 2023, Kuwait exported $51.8k to North Korea. The main products that Kuwait exported to North Korea were N/A. Over the past 5 years the exports of Kuwait to North Korea have decreased at an annualized rate of 18%,  from $140k in 2018 to $51.8k in 2023.

In 2023, Kuwait did not export any services to North Korea.

Comparison In 2023,  North Korea ranked 172 in total exports ($397M), and does not have data regarding Economic Complexity Index. That same year, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21), and 47 in total exports ($71B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, North Korea exported $24.3k to Kuwait. The main products exported from North Korea to Kuwait were Beauty Products ($4.8k), Broadcasting Equipment ($4.07k), and Iron Fasteners ($3.45k). During the last 5 years the exports of North Korea to Kuwait have decreased at an annualized rate of 12.8%, from $48.2k in 2018 to $24.3k in 2023.

In 2010, Kuwait exported $51.8k to North Korea. There were not main exports from Kuwait to North Korea in 2010. During the last 5 years the exports of Kuwait to North Korea have decreased at an annualized rate of 18%, from $140k in 2015 to $51.8k in 2010.

Exports from North Korea (Flag) to Kuwait (Flag) (2023)

Exports from Kuwait (Flag) to North Korea (Flag) (2023)

Latest Data

Trade between North Korea (Flag) and Kuwait (Flag)

Kuwait Exports

Market Competitiveness

Color
North Korea
Top DestinationChina$292M
Kuwait
Top DestinationChina$17.4B

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

In 2023, countries that imported more from North Korea than Kuwait included Angola ($10.2M), Senegal ($10.3M), and Luxembourg ($6.8M).

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

Difference in imports from Kuwait (Flag) and North Korea (Flag) (2023)

Comparative Advantage North Korea - Kuwait

Flow
Scale

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

During 2023, North Korea had a large net trade with Kuwait in the exports of Machines ($7.05k), Chemical Products ($4.8k), and Metals ($3.45k).

During 2010, Kuwait had a large net trade with North Korea in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of North Korea (Flag) and Kuwait (Flag) (2023)

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