Kuwait (KWT) and Malaysia (MYS) Trade | The Observatory of Economic Complexity

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Kuwait-Malaysia Trade: In 2022, Kuwait exported $686M to Malaysia. The main products that Kuwait exported to Malaysia were Crude Petroleum ($513M), Refined Petroleum ($64.4M), and Petroleum Gas ($50.7M). Over the past 5 years the exports of Kuwait to Malaysia have increased at an annualized rate of 27.3%, from $205M in 2017 to $686M in 2022.

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

Malaysia-Kuwait Trade: In 2022, Malaysia exported $461M to Kuwait. The main products that Malaysia exported to Kuwait were Palm Oil ($86.9M), Coconut Oil ($28.1M), and Industrial Printers ($21.6M). Over the past 5 years the exports of Malaysia to Kuwait have increased at an annualized rate of 12.4%, from $257M in 2017 to $461M in 2022.

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

Comparison: In 2022, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B). That same year, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Kuwait exported $686M to Malaysia. The main products exported from Kuwait to Malaysia were Crude Petroleum ($513M), Refined Petroleum ($64.4M), and Petroleum Gas ($50.7M). During the last 5 years the exports of Kuwait to Malaysia have increased at an annualized rate of 27.3%, from $205M in 2017 to $686M in 2022.

In 2017, Malaysia exported $461M to Kuwait. The main products exported from Malaysia to Kuwait were Palm Oil ($86.9M), Coconut Oil ($28.1M), and Industrial Printers ($21.6M). During the last 5 years the exports of Malaysia to Kuwait have increased at an annualized rate of 12.4%, from $257M in 2022 to $461M in 2017.

Exports from Kuwait () to Malaysia () (2022)

Exports from Malaysia () to Kuwait () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$24.3B

Malaysia
Top DestinationSingapore$53.8B

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

In 2022, countries that imported more from Kuwait than Malaysia included Pakistan ($3.97B), Egypt ($2.84B), and India ($15B).

In 2022, countries that imported more from Malaysia than Kuwait included Singapore ($53.8B), United States ($44.2B), and China ($48.5B).

Difference in imports from Malaysia () and Kuwait () (2022)

Comparative Advantage Kuwait - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Kuwait had a large net trade with Malaysia in the exports of Mineral Products ($629M), Plastics and Rubbers ($40.1M), and Chemical Products ($9.88M).

During 2017, Malaysia had a large net trade with Kuwait in the exports of Animal and Vegetable Bi-Products ($137M), Machines ($125M), and Foodstuffs ($41M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kuwait Malaysia+$141MCrude Petroleum

Top Product Potential Malaysia Kuwait+$9.09MComputers

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 Malaysia. This means that a dot/product with the flag of Kuwait indicates it has a comparative advantage over Malaysia. Similarly, a dot/product with the flag of Malaysia indicates it has a comparative advantage over Kuwait.

About

Historical Data

Bilateral Trade by Products

Exports from Kuwait () to Malaysia () (2022)

Exports from Malaysia () to Kuwait () (2022)

Market Competitiveness

Difference in imports from Malaysia () and Kuwait () (2022)

Comparative Advantage Kuwait - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kuwait () and Malaysia () (2022)

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