2022
Flag  
GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
 GDP
$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH
20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC 
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186
2022
Flag
GDP PC
$31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH
12.1%CURRENT US$
Rnk 109 / 186

About

Kuwait-Bahamas In 2022, Kuwait exported $1.23M to Bahamas. The main products that Kuwait exported to Bahamas are Iron Structures ($1.23M). During the last 19 years the exports of Kuwait to Bahamas have increased at an annualized rate of 34.1%, from $4.65k in 2003 to $1.23M in 2022.

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

Bahamas-Kuwait In 2022, Bahamas exported $57.8k to Kuwait. The main products that Bahamas exported to Kuwait were Knit Women's Undergarments ($54.8k), Cut Flowers ($2.44k), and Non-Knit Babies' Garments ($568). During the last 19 years the exports of Bahamas to Kuwait have increased at an annualized rate of 18.5%, from $2.29k in 2003 to $57.8k in 2022.

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

Comparison In 2022,  Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44),  and 42 in total exports ($101B). That same year, Bahamas ranked 139 in total exports ($2.83B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $1.23M to Bahamas. The main products exported from Kuwait to Bahamas were Iron Structures ($1.23M). During the last 19 years the exports of Kuwait to Bahamas have increased at an annualized rate of 34.1%, from $4.65k in 2003 to $1.23M in 2022.

In 2022, Bahamas exported $57.8k to Kuwait. The main products exported from Bahamas to Kuwait were Knit Women's Undergarments ($54.8k), Cut Flowers ($2.44k), and Non-Knit Babies' Garments ($568). During the last 11 years the exports of Bahamas to Kuwait have increased at an annualized rate of 18.5%, from $2.29k in 2011 to $57.8k in 2022.

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

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

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Bahamas
Top Destination
United States$1.4B

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

In 2021, countries that imported more from Kuwait than Bahamas were China ($24.3B), India ($15B), and South Korea ($10.8B).

In 2021, countries that imported more from Bahamas than Kuwait were Cote d'Ivoire ($576M), Germany ($255M), and Poland ($114M).

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

Comparative Advantage Kuwait - Bahamas

Flow
Scale

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

During 2022, Kuwait had a large net trade with Bahamas in the exports of Metals ($1.23M).

During 2022, Bahamas had a large net trade with Kuwait in the exports of Textiles ($55.4k) and Vegetable Products ($2.44k).

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

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

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