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2023
Flag → Flag
Exports $2.24BRnk 37 / 211
2023
Flag → Flag
Top Product $1.59BCars
2023
Flag → Flag
Exports $9.13BRnk 3 / 159
2023
Flag → Flag
Top Product $7.19BCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
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Economic Complexity (ECI) ECI 0.21Rnk 53 / 132
2023
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GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
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GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 195
2023
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 GDP$164BCURRENT US$
Rnk 58 / 195
2013-2023
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GDP GROWTH-6.01%CURRENT US$
Rnk 178 / 195
2023
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GDP PC $33,767CURRENT US$
Rnk 38 / 195
2013-2023
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GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195
2023
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GDP PC$33,730CURRENT US$
Rnk 39 / 196
2013-2023
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GDP PC GROWTH-32.1%CURRENT US$
Rnk 187 / 195

About

Japan-Kuwait Trade: In 2023, Japan exported $2.24B to Kuwait. The main products that Japan exported to Kuwait were Cars ($1.59B), Buses ($80.6M), and Delivery Trucks ($78.5M). Over the past 5 years the exports of Japan to Kuwait have increased at an annualized rate of 1.65%, from $2.07B in 2018 to $2.24B in 2023.

In 2023, Japan did not export any services to Kuwait.

Kuwait-Japan Trade: In 2023, Kuwait exported $9.13B to Japan. The main products that Kuwait exported to Japan were Crude Petroleum ($7.19B), Refined Petroleum ($1.76B), and Petroleum Gas ($165M). Over the past 5 years the exports of Kuwait to Japan have increased at an annualized rate of 4.71%,  from $7.25B in 2018 to $9.13B in 2023.

In 2023, Kuwait did not export any services to Japan.

Comparison: In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). That same year, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21), and 47 in total exports ($71B).

Latest Trends

November, 2024

About

Overview In November 2024, Japan exported ¥24.5B and imported ¥94.5B from Kuwait, resulting in a negative trade balance of ¥69.9B. Between November 2023 and November 2024 the exports of Japan have decreased by ¥-2.66B (-9.77%) from ¥27.2B to ¥24.5B, while imports decreased by ¥-15.3B (-13.9%) from ¥110B to ¥94.5B.

Trade In November 2024, the top exports of Japan to Kuwait were Cars (¥11.7B), Delivery Trucks (¥840M), Buses (¥742M), Coated Flat-Rolled Iron (¥287M), and Other Synthetic Fabrics (¥274M). In November 2024 the top imports of Japan from Kuwait were Crude Petroleum (¥100B), Refined Petroleum (¥23.6B), Petroleum Gas (¥2.56B), Scrap Copper (¥153M), and Commodities not elsewhere specified (¥897k).

Origins In November 2024 the exports of Japan were mainly from Aichi (¥14.3B), Fukuoka (¥3.18B), Nagasaki (¥2.95B), Kanagawa (¥1.44B), and Hyōgo (¥1.31B), while imports destinations were mainly Ibaraki (¥17.4B), Kagoshima (¥17.1B), Okayama (¥16B), Chiba (¥15.8B), and Miyagi (¥6.37B).

Growth In November 2024, the decrease in Japan's year-by-year exports to Kuwait was explained primarily by an decrease in product exports in Liquid Pumps (¥-145M or -77.8%), Rubberworking Machinery (¥-88.9M or -98.6%), and Valves (¥-72.3M or -83.8%). In November 2024, the decrease in Japan's year-by-year imports  from Kuwait was explained primarily by an decrease in product imports  in Petroleum Gas (¥-387M or -13.1%) and Commodities not elsewhere specified (¥-2M or -69%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)¥-2.66B(-9.77%)
IMPORT GROWTH (November 2023 - November 2024)¥-15.3B(-13.9%)
MAIN EXPORTER (November 2024)Aichi¥14.3B

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

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $2.24B to Kuwait. The main products exported from Japan to Kuwait were Cars ($1.59B), Buses ($80.6M), and Delivery Trucks ($78.5M). During the last 5 years the exports of Japan to Kuwait have increased at an annualized rate of 1.65%, from $2.07B in 2018 to $2.24B in 2023.

In 2018, Kuwait exported $9.13B to Japan. The main products exported from Kuwait to Japan were Crude Petroleum ($7.19B), Refined Petroleum ($1.76B), and Petroleum Gas ($165M). During the last 5 years the exports of Kuwait to Japan have increased at an annualized rate of 4.71%, from $7.25B in 2023 to $9.13B in 2018.

Exports from Japan (Flag) to Kuwait (Flag) (2023)

Exports from Kuwait (Flag) to Japan (Flag) (2023)

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
Kuwait
Top DestinationChina$17.4B

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 2023, countries that imported more from Japan than Kuwait included United States ($143B), China ($138B), and South Korea ($42.7B).

In 2023, countries that imported more from Kuwait than Japan included Egypt ($2.78B), Pakistan ($2.13B), and Ethiopia ($1.33B).

Difference in imports from Kuwait (Flag) and Japan (Flag) (2023)

Comparative Advantage Japan - Kuwait

Flow
Scale

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

During 2023, Japan had a large net trade with Kuwait in the exports of Transportation ($1.82B), Machines ($145M), and Metals ($63.8M).

During 2018, Kuwait had a large net trade with Japan in the exports of Mineral Products ($9.12B), Chemical Products ($6.59M), and Metals ($5.63M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Kuwait+$22.5MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Kuwait Japan+$428MPetroleum Gas

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

Product Space of Japan (Flag) and Kuwait (Flag) (2023)

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