2022
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GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
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GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
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 PC 
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
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GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186
2022
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GDP PC
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
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GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186

About

Hong Kong-Kuwait In 2022, Hong Kong exported $186M to Kuwait. The main products that Hong Kong exported to Kuwait are Jewellery ($70.2M), Knit Women's Coats ($65.1M), and Base Metal Watches ($11.4M). During the last 27 years the exports of Hong Kong to Kuwait have increased at an annualized rate of 3.36%, from $76.3M in 1995 to $186M in 2022.

In 2022, Hong Kong did not export any services to Kuwait.

Kuwait-Hong Kong In 2022, Kuwait exported $163M to Hong Kong. The main products that Kuwait exported to Hong Kong were Semi-Finished Iron ($53.6M), Other Clocks ($36.5M), and Cyclic Hydrocarbons ($19M). During the last 27 years the exports of Kuwait to Hong Kong have increased at an annualized rate of 6.23%, from $31.9M in 1995 to $163M in 2022.

In 2022, Kuwait did not export any services to Hong Kong.

Comparison In 2022,  Hong Kong ranked 26 in the Economic Complexity Index (ECI 0.99), and 39 in total exports ($113B). 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, Hong Kong exported $186M to Kuwait. The main products exported from Hong Kong to Kuwait were Jewellery ($70.2M), Knit Women's Coats ($65.1M), and Base Metal Watches ($11.4M). During the last 27 years the exports of Hong Kong to Kuwait have increased at an annualized rate of 3.36%, from $76.3M in 1995 to $186M in 2022.

In 2022, Kuwait exported $163M to Hong Kong. The main products exported from Kuwait to Hong Kong were Semi-Finished Iron ($53.6M), Other Clocks ($36.5M), and Cyclic Hydrocarbons ($19M). During the last 27 years the exports of Kuwait to Hong Kong have increased at an annualized rate of 6.23%, from $31.9M in 1995 to $163M in 2022.

Exports from Hong Kong (Flag) to Kuwait (Flag) (2022)

Exports from Kuwait (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Kuwait (Flag)

Hong Kong Exports

Kuwait Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$23.4B
Kuwait
Top Destination
China$24.3B

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

In 2021, countries that imported more from Hong Kong than Kuwait were Netherlands ($6.56B), Switzerland ($4.11B), and Malaysia ($3.84B).

In 2021, countries that imported more from Kuwait than Hong Kong were South Korea ($10.8B), Japan ($8.64B), and Chinese Taipei ($7.34B).

Difference in imports from Kuwait (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Kuwait

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Kuwait in the exports of Precious Metals ($73.3M), Textiles ($72.3M), and Machines ($14.2M).

During 2022, Kuwait had a large net trade with Hong Kong in the exports of Metals ($53.6M), Instruments ($47.8M), and Machines ($22.7M).

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

Product Space of Hong Kong (Flag) and Kuwait (Flag) (2022)

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