2022
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GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
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GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
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 GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
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GDP GROWTH
6.04%CURRENT US$
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2022
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GDP PC 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
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GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186
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$
Rnk 166 / 186

About

Canada-Kuwait In 2022, Canada exported $291M to Kuwait. The main products that Canada exported to Kuwait are Planes, Helicopters, and/or Spacecraft ($43M), Wheat ($36.9M), and LCDs ($23.5M). During the last 27 years the exports of Canada to Kuwait have increased at an annualized rate of 6.97%, from $47.2M in 1995 to $291M in 2022.

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

Kuwait-Canada In 2022, Kuwait exported $272M to Canada. The main products that Kuwait exported to Canada were Refined Petroleum ($267M), Reaction and Catalytic Products ($1.96M), and Iron Structures ($461k). During the last 27 years the exports of Kuwait to Canada have increased at an annualized rate of 45.1%, from $11.7k in 1995 to $272M in 2022.

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

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). 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, Canada exported $291M to Kuwait. The main products exported from Canada to Kuwait were Planes, Helicopters, and/or Spacecraft ($43M), Wheat ($36.9M), and LCDs ($23.5M). During the last 27 years the exports of Canada to Kuwait have increased at an annualized rate of 6.97%, from $47.2M in 1995 to $291M in 2022.

In 2022, Kuwait exported $272M to Canada. The main products exported from Kuwait to Canada were Refined Petroleum ($267M), Reaction and Catalytic Products ($1.96M), and Iron Structures ($461k). During the last 27 years the exports of Kuwait to Canada have increased at an annualized rate of 45.1%, from $11.7k in 1995 to $272M in 2022.

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

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

Market Competitiveness

Color
Canada
Top Destination
United States$438B
Kuwait
Top Destination
China$24.3B

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

In 2021, countries that imported more from Canada than Kuwait were United States ($438B), United Kingdom ($12.9B), and Mexico ($7.39B).

In 2021, countries that imported more from Kuwait than Canada were India ($15B), Chinese Taipei ($7.34B), and Vietnam ($5.7B).

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

Comparative Advantage Canada - Kuwait

Flow
Scale

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

During 2022, Canada had a large net trade with Kuwait in the exports of Transportation ($85.1M), Machines ($56.3M), and Vegetable Products ($37.7M).

During 2022, Kuwait had a large net trade with Canada in the exports of Mineral Products ($267M), Chemical Products ($1.97M), and Animal Products ($600k).

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

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

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