Flag Japan / Kuwait Flag

Exports FlagFlag  (2018): $1.88B, Rnk 36 / 207

Top Product FlagFlag (2018): $1.15B, Cars

Exports FlagFlag (2018): $6.11B, Rnk 4 / 141

Top Product FlagFlag (2018): $5.32B, Crude Petroleum

Economic Complexity of Flag (2018): ECI 2.17, Rnk 1 / 137

Economic Complexity of Flag (2018): ECI 0.27, Rnk 54 / 137

Japan-Kuwait: In 2018, Japan exported $1.88B to Kuwait. The main products exported from Japan to Kuwait were Cars ($1.15B), Iron Pipes ($105M), and Delivery Trucks ($57.8M). During the last 23 years the exports of Japan to Kuwait have increased at an annualized rate of 4.88%, from $630M in 1995 to $1.88B in 2018.

Kuwait-Japan: In 2018, Kuwait exported $6.11B to Japan. The main products exported from Kuwait to Japan were Crude Petroleum ($5.32B), Refined Petroleum ($759M), and Reaction and Catalytic Products ($12.9M). During the last 23 years the exports of Kuwait to Japan have increased at an annualized rate of 4.04%, from $2.46B in 1995 to $6.11B in 2018.

Comparison: In 2018, Japan ranked 1 in the Economic Complexity Index (ECI 2.17), and 4 in total exports ($713B). That same year, Kuwait ranked 54 in the Economic Complexity Index (ECI 0.27), and 47 in total exports ($63.6B). N/A

Bilateral Trade by Products

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Depth
Value

In 2018, Japan exported $1.88B to Kuwait. The main products exported from Japan to Kuwait were Cars ($1.15B), Iron Pipes ($105M), and Delivery Trucks ($57.8M). During the last 23 years the exports of Japan to Kuwait have increased at an annualized rate of 4.88%, from $630M in 1995 to $1.88B in 2018.

In 2018, Kuwait exported $6.11B to Japan. The main products exported from Kuwait to Japan were Crude Petroleum ($5.32B), Refined Petroleum ($759M), and Reaction and Catalytic Products ($12.9M). During the last 23 years the exports of Kuwait to Japan have increased at an annualized rate of 4.04%, from $2.46B in 1995 to $6.11B in 2018.

Market Competitiveness

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Measure

Japan
Top Destination
: China, $139B

Kuwait
Top Destination
: China, $13.6B

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

In 2018, countries that imported more from Japan than Kuwait were United States ($135B), China ($139B), and South Korea ($51.5B).

In 2018, countries that imported more from Kuwait than Japan were Egypt ($1.83B), Zambia ($388M), and Iraq ($621M).

Comparative Advantage Japan - Kuwait

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Depth

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

During 2018, Japan had a large net trade with Kuwait in the exports of Transportation ($1.31B), Machines ($255M), and Metals ($168M).

During 2018, Kuwait had a large net trade with Japan in the exports of Mineral Products ($6.08B), Chemical Products ($12.9M), and Metals ($11.9M).

Tariff Section

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This sections shows import tariffs for products traded between Japan and Kuwait (using the HS6 product classification and the last year reported).

In 2018, the products from Japan that paid the highest import tariffs to enter Kuwait were Glucose including syrup of 20%-50% dry weight fructos (43.3%) and Fructose, syrup > 50% fructose, not pure fructose (43.3%).

In 2018, the products from Kuwait that paid the highest import tariffs to enter Japan were Tobacco, unmanufactured, not stemmed or stripped (100%) and Tobacco, unmanufactured, stemmed or stripped (100%).

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*The tariffs present between Japan and Kuwait are:
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between Japan and Kuwait. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

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Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Japan has comparative advantage over Kuwait. Similarly, the more red a dot/product is, the more Kuwait has comparative advantage over Japan.