2022
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GDP
$808BCURRENT US$
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2012-2022
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GDP GROWTH
17.7%CURRENT US$
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2022
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 GDP
$185BCURRENT US$
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2012-2022
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GDP GROWTH
6.04%CURRENT US$
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2022
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GDP PC 
$92,101CURRENT US$
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2012-2022
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GDP PC GROWTH
7.3%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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About

Switzerland-Kuwait In 2022, Switzerland exported $1.36B to Kuwait. The main products that Switzerland exported to Kuwait are Gold ($599M), Base Metal Watches ($164M), and Flavored Water ($120M). During the last 27 years the exports of Switzerland to Kuwait have increased at an annualized rate of 11%, from $82.1M in 1995 to $1.36B in 2022.

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

Kuwait-Switzerland In 2022, Kuwait exported $21.2M to Switzerland. The main products that Kuwait exported to Switzerland were Jewellery ($8.45M), Precious Metal Watches ($3.03M), and Other Heating Machinery ($1.97M). During the last 27 years the exports of Kuwait to Switzerland have increased at an annualized rate of 11.1%, from $1.24M in 1995 to $21.2M in 2022.

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

Comparison In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.85), and 17 in total exports ($402B). That same year, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.16), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $1.36B to Kuwait. The main products exported from Switzerland to Kuwait were Gold ($599M), Base Metal Watches ($164M), and Flavored Water ($120M). During the last 27 years the exports of Switzerland to Kuwait have increased at an annualized rate of 11%, from $82.1M in 1995 to $1.36B in 2022.

In 2022, Kuwait exported $21.2M to Switzerland. The main products exported from Kuwait to Switzerland were Jewellery ($8.45M), Precious Metal Watches ($3.03M), and Other Heating Machinery ($1.97M). During the last 27 years the exports of Kuwait to Switzerland have increased at an annualized rate of 11.1%, from $1.24M in 1995 to $21.2M in 2022.

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

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

Latest Data

Trade between Switzerland (Flag) and Kuwait (Flag)

Switzerland Exports

Kuwait Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Kuwait
Top Destination
China$24.3B

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

In 2021, countries that imported more from Switzerland than Kuwait were United States ($61.7B), Germany ($53.5B), and Italy ($22.8B).

In 2021, countries that imported more from Kuwait than Switzerland were South Korea ($10.8B), Vietnam ($5.7B), and Chinese Taipei ($7.34B).

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

Comparative Advantage Switzerland - Kuwait

Flow
Scale

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

During 2022, Switzerland had a large net trade with Kuwait in the exports of Precious Metals ($655M), Instruments ($262M), and Chemical Products ($229M).

During 2022, Kuwait had a large net trade with Switzerland in the exports of Precious Metals ($8.45M), Instruments ($5.45M), and Machines ($4.01M).

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

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

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