2022
Flag  
GDP
$19.1BCURRENT US$
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2012-2022
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GDP GROWTH
56.5%CURRENT US$
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2022
Flag
 GDP
$185BCURRENT US$
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2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
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2022
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GDP PC 
$3,789CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
23.5%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

Palestine-Kuwait In 2022, Palestine exported $14.5M to Kuwait. The main products that Palestine exported to Kuwait are Pure Olive Oil ($9.91M), Building Stone ($1.26M), and Milling Stones ($1.13M). During the last 22 years the exports of Palestine to Kuwait have increased at an annualized rate of 54.3%, from $1.04k in 2000 to $14.5M in 2022.

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

Kuwait-Palestine In 2022, Kuwait exported $15M to Palestine. The main products that Kuwait exported to Palestine were Aluminium Cans ($7.95M), Metal Stoppers ($948k), and Organic Composite Solvents ($941k). During the last 22 years the exports of Kuwait to Palestine have increased at an annualized rate of 35.4%, from $18.9k in 2000 to $15M in 2022.

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

Comparison In 2022,  Palestine ranked 150 in total exports ($1.61B), and does not have data regarding Economic Complexity Index. 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, Palestine exported $14.5M to Kuwait. The main products exported from Palestine to Kuwait were Pure Olive Oil ($9.91M), Building Stone ($1.26M), and Milling Stones ($1.13M). During the last 22 years the exports of Palestine to Kuwait have increased at an annualized rate of 54.3%, from $1.04k in 2000 to $14.5M in 2022.

In 2022, Kuwait exported $15M to Palestine. The main products exported from Kuwait to Palestine were Aluminium Cans ($7.95M), Metal Stoppers ($948k), and Organic Composite Solvents ($941k). During the last 22 years the exports of Kuwait to Palestine have increased at an annualized rate of 35.4%, from $18.9k in 2000 to $15M in 2022.

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

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

Latest Data

Trade between Palestine (Flag) and Kuwait (Flag)

Palestine Exports

Kuwait Exports

Market Competitiveness

Color
Palestine
Top Destination
Israel$1.3B
Kuwait
Top Destination
China$24.3B

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

In 2021, countries that imported more from Palestine than Kuwait were Israel ($1.3B), Malta ($202k), and Uzbekistan ($187k).

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

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

Comparative Advantage Palestine - Kuwait

Flow
Scale

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

During 2022, Palestine had a large net trade with Kuwait in the exports of Animal and Vegetable Bi-Products ($9.95M), Stone And Glass ($2.47M), and Foodstuffs ($1.03M).

During 2022, Kuwait had a large net trade with Palestine in the exports of Metals ($9.39M), Chemical Products ($1.75M), and Foodstuffs ($1.57M).

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

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

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