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 
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
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GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186

About

Kuwait-North Korea In 2015, Kuwait exported $51.8k to North Korea. The main products that Kuwait exported to North Korea are N/A. During the last 8 years the exports of Kuwait to North Korea have increased at an annualized rate of 17.6%, from $14.1k in 2007 to $51.8k in 2015.

In 2015, Kuwait did not export any services to North Korea.

North Korea-Kuwait In 2015, North Korea exported $34.8k to Kuwait. The main products that North Korea exported to Kuwait were Beauty Products ($12k), Other Edible Preparations ($7.01k), and Textile Footwear ($6.66k). During the last 8 years the exports of North Korea to Kuwait have increased at an annualized rate of 1.74%, from $30.3k in 2007 to $34.8k in 2015.

In 2015, North Korea 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, North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2015, Kuwait exported $51.8k to North Korea. There were not main exports from Kuwait to North Korea in 2015. During the last 8 years the exports of Kuwait to North Korea have increased at an annualized rate of 17.6%, from $14.1k in 2007 to $51.8k in 2015.

In 2022, North Korea exported $34.8k to Kuwait. The main products exported from North Korea to Kuwait were Beauty Products ($12k), Other Edible Preparations ($7.01k), and Textile Footwear ($6.66k). During the last 21 years the exports of North Korea to Kuwait have increased at an annualized rate of 1.74%, from $30.3k in 2001 to $34.8k in 2022.

Exports from Kuwait (Flag) to North Korea (Flag) (2022)

Exports from North Korea (Flag) to Kuwait (Flag) (2022)

Latest Data

Trade between Kuwait (Flag) and North Korea (Flag)

Kuwait Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
North Korea
Top Destination
China$131M

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

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

In 2021, countries that imported more from North Korea than Kuwait were Luxembourg ($6.44M), Suriname ($4.51M), and Niger ($3.45M).

Difference in imports from North Korea (Flag) and Kuwait (Flag) (2022)

Comparative Advantage Kuwait - North Korea

Flow
Scale

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

During 2015, Kuwait had a large net trade with North Korea in the exports of .

During 2022, North Korea had a large net trade with Kuwait in the exports of Chemical Products ($12k), Foodstuffs ($7.01k), and Footwear and Headwear ($6.66k).

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

Product Space of Kuwait (Flag) and North Korea (Flag) (2022)

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