2023
Flag  
GDP
$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH
16.8%CURRENT US$
Rnk 149 / 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 
$13,106CURRENT US$
Rnk 77 / 195
2013-2023
Flag
GDP PC GROWTH
4.19%CURRENT US$
Rnk 147 / 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

Turkey-Kuwait Trade: In 2023, Turkey exported $709M to Kuwait. The main products that Turkey exported to Kuwait were Rolled Tobacco ($56.6M), Non-fillet Fresh Fish ($28.8M), and Building Stone ($21.9M). Over the past 5 years the exports of Turkey to Kuwait have increased at an annualized rate of 0.81%, from $681M in 2018 to $709M in 2023.

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

Kuwait-Turkey Trade: In 2023, Kuwait exported $113M to Turkey. The main products that Kuwait exported to Turkey were Semi-Finished Iron ($39.7M), Cyclic Hydrocarbons ($24.9M), and Ethylene Polymers ($21.5M). Over the past 5 years the exports of Kuwait to Turkey have decreased at an annualized rate of 13.6%,  from $235M in 2018 to $113M in 2023.

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

Comparison: In 2023,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B). 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, Turkey exported $709M to Kuwait. The main products exported from Turkey to Kuwait were Rolled Tobacco ($56.6M), Non-fillet Fresh Fish ($28.8M), and Building Stone ($21.9M). During the last 5 years the exports of Turkey to Kuwait have increased at an annualized rate of 0.81%, from $681M in 2018 to $709M in 2023.

In 2018, Kuwait exported $113M to Turkey. The main products exported from Kuwait to Turkey were Semi-Finished Iron ($39.7M), Cyclic Hydrocarbons ($24.9M), and Ethylene Polymers ($21.5M). During the last 5 years the exports of Kuwait to Turkey have decreased at an annualized rate of 13.6%, from $235M in 2023 to $113M in 2018.

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

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

Latest Data

Trade between Turkey (Flag) and Kuwait (Flag)

Turkey Exports

Kuwait Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$24.7B
Kuwait
Top Destination
China$17.4B

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

In 2023, countries that imported more from Turkey than Kuwait included Germany ($24.7B), United States ($15.9B), and Iraq ($12.8B).

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

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

Comparative Advantage Turkey - Kuwait

Flow
Scale

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

During 2023, Turkey had a large net trade with Kuwait in the exports of Textiles ($146M), Foodstuffs ($121M), and Animal Products ($72.8M).

During 2018, Kuwait had a large net trade with Turkey in the exports of Metals ($41.8M), Chemical Products ($30.7M), and Plastics and Rubbers ($30.2M).

Economic Complexity

Competitive Landscape

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

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

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