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
$406BCURRENT US$
Rnk 36 / 186
2012-2022
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GDP GROWTH
29.2%CURRENT US$
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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
2022
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GDP PC
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
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GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186

About

Kuwait-Malaysia In 2022, Kuwait exported $686M to Malaysia. The main products that Kuwait exported to Malaysia are Crude Petroleum ($513M), Refined Petroleum ($64.4M), and Petroleum Gas ($50.7M). During the last 27 years the exports of Kuwait to Malaysia have increased at an annualized rate of 9.49%, from $59.3M in 1995 to $686M in 2022.

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

Malaysia-Kuwait In 2022, Malaysia exported $461M to Kuwait. The main products that Malaysia exported to Kuwait were Palm Oil ($86.9M), Coconut Oil ($28.1M), and Industrial Printers ($21.6M). During the last 27 years the exports of Malaysia to Kuwait have increased at an annualized rate of 7.37%, from $67.6M in 1995 to $461M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kuwait exported $686M to Malaysia. The main products exported from Kuwait to Malaysia were Crude Petroleum ($513M), Refined Petroleum ($64.4M), and Petroleum Gas ($50.7M). During the last 27 years the exports of Kuwait to Malaysia have increased at an annualized rate of 9.49%, from $59.3M in 1995 to $686M in 2022.

In 2022, Malaysia exported $461M to Kuwait. The main products exported from Malaysia to Kuwait were Palm Oil ($86.9M), Coconut Oil ($28.1M), and Industrial Printers ($21.6M). During the last 27 years the exports of Malaysia to Kuwait have increased at an annualized rate of 7.37%, from $67.6M in 1995 to $461M in 2022.

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

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

Latest Data

Trade between Kuwait (Flag) and Malaysia (Flag)

Kuwait Exports

Malaysia Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Malaysia
Top Destination
Singapore$53.8B

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

In 2021, countries that imported more from Kuwait than Malaysia were Pakistan ($3.97B), Egypt ($2.84B), and India ($15B).

In 2021, countries that imported more from Malaysia than Kuwait were Singapore ($53.8B), United States ($44.2B), and China ($48.5B).

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

Comparative Advantage Kuwait - Malaysia

Flow
Scale

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

During 2022, Kuwait had a large net trade with Malaysia in the exports of Mineral Products ($629M), Plastics and Rubbers ($40.1M), and Chemical Products ($9.88M).

During 2022, Malaysia had a large net trade with Kuwait in the exports of Animal and Vegetable Bi-Products ($137M), Machines ($125M), and Foodstuffs ($41M).

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

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

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