2022
Flag  
GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
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GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
 GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
GDP PC 
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186
2022
Flag
GDP PC
$43,233CURRENT US$
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2012-2022
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GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186

About

South Africa-Kuwait Trade: In 2022, South Africa exported $211M to Kuwait. The main products that South Africa exported to Kuwait were Cars ($81.9M), Coal Briquettes ($25.3M), and Bovine Meat ($25.2M). Over the past 5 years the exports of South Africa to Kuwait have increased at an annualized rate of 11.8%, from $121M in 2017 to $211M in 2022.

In 2022, South Africa did not export any services to Kuwait.

Kuwait-South Africa Trade: In 2022, Kuwait exported $702M to South Africa. The main products that Kuwait exported to South Africa were Refined Petroleum ($694M), Planes, Helicopters, and/or Spacecraft ($4.88M), and Propylene Polymers ($1.16M). Over the past 5 years the exports of Kuwait to South Africa have increased at an annualized rate of 188%,  from $3.55M in 2017 to $702M in 2022.

In 2022, Kuwait did not export any services to South Africa.

Comparison: In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B). That same year, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $211M to Kuwait. The main products exported from South Africa to Kuwait were Cars ($81.9M), Coal Briquettes ($25.3M), and Bovine Meat ($25.2M). During the last 5 years the exports of South Africa to Kuwait have increased at an annualized rate of 11.8%, from $121M in 2017 to $211M in 2022.

In 2017, Kuwait exported $702M to South Africa. The main products exported from Kuwait to South Africa were Refined Petroleum ($694M), Planes, Helicopters, and/or Spacecraft ($4.88M), and Propylene Polymers ($1.16M). During the last 5 years the exports of Kuwait to South Africa have increased at an annualized rate of 188%, from $3.55M in 2022 to $702M in 2017.

Exports from South Africa (Flag) to Kuwait (Flag) (2022)

Exports from Kuwait (Flag) to South Africa (Flag) (2022)

Market Competitiveness

Color
South Africa
Top Destination
China$23.4B
Kuwait
Top Destination
China$24.3B

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

In 2022, countries that imported more from South Africa than Kuwait included Germany ($9.96B), United States ($10.9B), and Switzerland ($6.43B).

In 2022, countries that imported more from Kuwait than South Africa included South Korea ($10.8B), Chinese Taipei ($7.34B), and India ($15B).

Difference in imports from Kuwait (Flag) and South Africa (Flag) (2022)

Comparative Advantage South Africa - Kuwait

Flow
Scale

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

During 2022, South Africa had a large net trade with Kuwait in the exports of Transportation ($93.3M), Vegetable Products ($39.2M), and Animal Products ($34.5M).

During 2017, Kuwait had a large net trade with South Africa in the exports of Mineral Products ($694M), Transportation ($4.89M), and Plastics and Rubbers ($1.76M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Kuwait+$28.2MCars
Top Product Potential Kuwait South Africa+$1.13MPlanes, Helicopters, and/or Spacecraft

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

Product Space of South Africa (Flag) and Kuwait (Flag) (2022)

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