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

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.

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.

Comparison In 2023,  Palestine ranked 189 in total exports ($189M), 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, 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 2018 to $3.53M in 2023.

In 2018, 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 2023 to $5.81M in 2018.

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

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

Latest Data

Trade between Palestine (Flag) and Kuwait (Flag)

Palestine Exports

Kuwait Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Palestine - Kuwait

Flow
Scale

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

During 2023, 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).

During 2018, Kuwait had a large net trade with Palestine in the exports of Metals ($4.8M), Animal Products ($536k), and Foodstuffs ($391k).

Economic Complexity

Competitive Landscape

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

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

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