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

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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.

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.

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

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, 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 2018 to $9.13B in 2023.

In 2018, 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 2023 to $2.24B in 2018.

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

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

Latest Data

Trade between Kuwait () and Japan ()

Kuwait Exports

Date

Japan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$17.4B

Japan
Top DestinationUnited States$143B

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

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

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

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

Comparative Advantage Kuwait - Japan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Kuwait had a large net trade with Japan in the exports of Mineral Products ($9.12B), Chemical Products ($6.59M), and Metals ($5.63M).

During 2018, Japan had a large net trade with Kuwait in the exports of Transportation ($1.82B), Machines ($145M), and Metals ($63.8M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kuwait Japan+$428MPetroleum Gas

Top Product Potential Japan Kuwait+$22.5MMotor vehicles; parts and accessories (8701 to 8705)

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

Year

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

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Kuwait () and Japan ()

Kuwait Exports

Japan Exports

Market Competitiveness

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

Comparative Advantage Kuwait - Japan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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