Japan (JPN) and Kuwait (KWT) Trade | OEC - The Observatory of Economic Complexity

About

Japan-Kuwait In 2021, Japan exported $1.61B to Kuwait. The main products that Japan exported to Kuwait are Cars ($969M), Iron Pipes ($114M), and Delivery Trucks ($95.4M). During the last 26 years the exports of Japan to Kuwait have increased at an annualized rate of 3.67%, from $630M in 1995 to $1.61B in 2021.

In 2021, Japan did not export any services to Kuwait.

Kuwait-Japan In 2021, Kuwait exported $5.79B to Japan. The main products that Kuwait exported to Japan were Crude Petroleum ($4.67B), Refined Petroleum ($852M), and Petroleum Gas ($267M). During the last 26 years the exports of Kuwait to Japan have increased at an annualized rate of 3.44%, from $2.41B in 1995 to $5.79B in 2021.

In 2021, Kuwait did not export any services to Japan.

Comparison In 2021, Japan ranked 1 in the Economic Complexity Index (ECI 2.06), and 4 in total exports ($731B). That same year, Kuwait ranked 48 in the Economic Complexity Index (ECI 0.34), and 51 in total exports ($58.2B).

Latest Trends

#

March, 2023

About

#

Overview In March 2023, Japan exported ¥28.4B and imported ¥150B from Kuwait, resulting in a negative trade balance of ¥121B. Between March 2022 and March 2023 the exports of Japan have increased by ¥11.3B (65.8%) from ¥17.1B to ¥28.4B, while imports increased by ¥71.5B (91.4%) from ¥78.2B to ¥150B.

Trade In March 2023, the top exports of Japan to Kuwait were Cars (¥6.73B), Delivery Trucks (¥435M), Motor vehicles; parts and accessories (8701... (¥329M), Iron Pipes (¥328M), and Buses (¥265M). In March 2023 the top imports of Japan from Kuwait were Crude Petroleum (¥50.9B), Refined Petroleum (¥16.1B), Petroleum Gas (¥2.95B), Ferroalloys (¥27.9M), and Commodities not elsewhere specified (¥2.89M).

Origins In March 2023 the exports of Japan were mainly from Aichi (¥17.9B), Fukuoka (¥5.98B), Kanagawa (¥1.67B), Hiroshima (¥566M), and Hyōgo (¥543M), while imports destinations were mainly Kagoshima (¥49.5B), Okayama (¥31B), Yamaguchi (¥13.4B), Kanagawa (¥12.6B), and Osaka (¥12B).

Growth In March 2023, the increase in Japan's year-by-year exports to Kuwait was explained primarily by an increase in product exports in Liquid Pumps (¥155M or 501%), Motor vehicles; parts and accessories (8701... (¥51.9M or 18.7%), and Spark-Ignition Engines (¥39.9M or 101%). In March 2023, the increase in Japan's year-by-year imports from Kuwait was explained primarily by an increase in product imports in Crude Petroleum (¥25.7B or 102%), Refined Petroleum (¥11.1B or 219%), and Commodities not elsewhere specified (¥2.04M or 237%).

Latest Trade

#

Flow

Time Scale

Depth

Value

EXPORT GROWTH (March 2022 - March 2023): ¥11.3B, (65.8%)

IMPORT GROWTH (March 2022 - March 2023): ¥71.5B, (91.4%)

MAIN EXPORTER (March 2023): Aichi, ¥17.9B

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Kuwait and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Kuwait and Japan Data

Go to Bulk Download

Historical Data

#

Bilateral Trade by Products

#

Depth

Value

Year

In 2021, Japan exported $1.61B to Kuwait. The main products exported from Japan to Kuwait were Cars ($969M), Iron Pipes ($114M), and Delivery Trucks ($95.4M). During the last 26 years the exports of Japan to Kuwait have increased at an annualized rate of 3.67%, from $630M in 1995 to $1.61B in 2021.

In 2021, Kuwait exported $5.79B to Japan. The main products exported from Kuwait to Japan were Crude Petroleum ($4.67B), Refined Petroleum ($852M), and Petroleum Gas ($267M). During the last 26 years the exports of Kuwait to Japan have increased at an annualized rate of 3.44%, from $2.41B in 1995 to $5.79B in 2021.

Market Competitiveness

#

Color

SectionYear

Japan
Top Destination: China, $153B

Kuwait
Top Destination: China, $16B

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 2021, countries that imported more from Japan than Kuwait were China ($153B), United States ($128B), and Chinese Taipei ($52.5B).

In 2021, countries that imported more from Kuwait than Japan were Ethiopia ($460M) and Iraq ($502M).

Comparative Advantage Japan - Kuwait

#

Flow

Scale

Year

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

During 2021, Japan had a large net trade with Kuwait in the exports of Transportation ($1.16B), Metals ($167M), and Machines ($141M).

During 2021, Kuwait had a large net trade with Japan in the exports of Mineral Products ($5.79B), Metals ($3.76M), and Chemical Products ($700k).

Economic Complexity

#

Competitive Landscape

#

Year

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage Japan - Kuwait

Economic Complexity

Competitive Landscape

Related Profiles