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
$4.07TCURRENT US$
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2012-2022
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GDP GROWTH
15.5%CURRENT US$
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2022
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GDP PC 
$43,233CURRENT US$
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2012-2022
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GDP PC GROWTH
-15.7%CURRENT US$
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2022
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GDP PC
$48,432CURRENT US$
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2012-2022
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GDP PC GROWTH
10.4%CURRENT US$
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About

Kuwait-Germany In 2022, Kuwait exported $54.1M to Germany. The main products that Kuwait exported to Germany are Refined Petroleum ($31.5M), Ethylene Polymers ($5.39M), and Ferroalloys ($2.19M). During the last 27 years the exports of Kuwait to Germany have decreased at an annualized rate of 1.99%, from $93.2M in 1995 to $54.1M in 2022.

In 2022, Kuwait did not export any services to Germany.

Germany-Kuwait In 2022, Germany exported $1.46B to Kuwait. The main products that Germany exported to Kuwait were Cars ($297M), Packaged Medicaments ($76M), and Medical Instruments ($57.8M). During the last 27 years the exports of Germany to Kuwait have increased at an annualized rate of 4.29%, from $469M in 1995 to $1.46B in 2022.

In 2022, Germany 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, Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $54.1M to Germany. The main products exported from Kuwait to Germany were Refined Petroleum ($31.5M), Ethylene Polymers ($5.39M), and Ferroalloys ($2.19M). During the last 27 years the exports of Kuwait to Germany have decreased at an annualized rate of 1.99%, from $93.2M in 1995 to $54.1M in 2022.

In 2022, Germany exported $1.46B to Kuwait. The main products exported from Germany to Kuwait were Cars ($297M), Packaged Medicaments ($76M), and Medical Instruments ($57.8M). During the last 27 years the exports of Germany to Kuwait have increased at an annualized rate of 4.29%, from $469M in 1995 to $1.46B in 2022.

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

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

Latest Data

Trade between Kuwait (Flag) and Germany (Flag)

Kuwait Exports

Germany Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Germany
Top Destination
United States$153B

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

In 2021, countries that imported more from Kuwait than Germany were Pakistan ($3.97B), Vietnam ($5.7B), and Ethiopia ($316M).

In 2021, countries that imported more from Germany than Kuwait were United States ($153B), France ($120B), and Netherlands ($109B).

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

Comparative Advantage Kuwait - Germany

Flow
Scale

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

During 2022, Kuwait had a large net trade with Germany in the exports of Mineral Products ($32.1M), Plastics and Rubbers ($6.32M), and Chemical Products ($3.84M).

During 2022, Germany had a large net trade with Kuwait in the exports of Transportation ($414M), Machines ($298M), and Chemical Products ($231M).

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

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

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