2022
Flag  
GDP
$16.7BCURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP GROWTH
-12.4%CURRENT US$
Rnk 176 / 186
2022
Flag
 GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
GDP PC 
$37,152CURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP PC GROWTH
-20.7%CURRENT US$
Rnk 174 / 186
2022
Flag
GDP PC
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186

About

Brunei-Kuwait Trade: In 2022, Brunei exported $162k to Kuwait. The main products that Brunei exported to Kuwait were Knit Men's Suits ($44.1k), Non-Knit Active Wear ($18.6k), and Knit Sweaters ($17.9k). Over the past 5 years the exports of Brunei to Kuwait have increased at an annualized rate of 4.95%, from $127k in 2017 to $162k in 2022.

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

Kuwait-Brunei Trade: In 2022, Kuwait exported $22.7k to Brunei. The main products that Kuwait exported to Brunei were Valves ($12.1k), Plastic Housewares ($5.33k), and Sports Equipment ($5.33k). Over the past 5 years the exports of Kuwait to Brunei have decreased at an annualized rate of 8%,  from $34.5k in 2017 to $22.7k in 2022.

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

Comparison In 2022,  Brunei ranked 90 in total exports ($14B), and does not have data regarding Economic Complexity Index. That same year, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brunei exported $162k to Kuwait. The main products exported from Brunei to Kuwait were Knit Men's Suits ($44.1k), Non-Knit Active Wear ($18.6k), and Knit Sweaters ($17.9k). During the last 5 years the exports of Brunei to Kuwait have increased at an annualized rate of 4.95%, from $127k in 2017 to $162k in 2022.

In 2017, Kuwait exported $22.7k to Brunei. The main products exported from Kuwait to Brunei were Valves ($12.1k), Plastic Housewares ($5.33k), and Sports Equipment ($5.33k). During the last 5 years the exports of Kuwait to Brunei have decreased at an annualized rate of 8%, from $34.5k in 2022 to $22.7k in 2017.

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

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

Latest Data

Trade between Brunei (Flag) and Kuwait (Flag)

Brunei Exports

Kuwait Exports

Market Competitiveness

Color
Brunei
Top Destination
Australia$2.66B
Kuwait
Top Destination
China$24.3B

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

In 2022, countries that imported more from Brunei than Kuwait included Australia ($2.66B), Singapore ($1.97B), and Malaysia ($1.37B).

In 2022, countries that imported more from Kuwait than Brunei included China ($24.3B), India ($15B), and South Korea ($10.8B).

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

Comparative Advantage Brunei - Kuwait

Flow
Scale

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

During 2022, Brunei had a large net trade with Kuwait in the exports of Textiles ($104k), Machines ($34.2k), and Instruments ($15.6k).

During 2017, Kuwait had a large net trade with Brunei in the exports of Machines ($12.1k), Plastics and Rubbers ($5.33k), and Miscellaneous ($5.33k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Brunei and Kuwait. This means that a dot/product with the flag of Brunei indicates it has a comparative advantage over Kuwait. Similarly, a dot/product with the flag of Kuwait indicates it has a comparative advantage over Brunei.

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with