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2022
Flag → Flag
Exports $347MRnk 69 / 223
2022
Flag → Flag
Top Product $229MPoultry Meat
2022
Flag → Flag
Exports $319MRnk 24 / 156
2022
Flag → Flag
Top Product $275MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
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Economic Complexity (ECI) ECI 0.44Rnk 46 / 133
2022
Flag  
GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
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GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP$185BCURRENT US$
Rnk 56 / 186
2012-2022
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GDP GROWTH6.04%CURRENT US$
Rnk 152 / 186
2022
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GDP PC $8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC$43,233CURRENT US$
Rnk 24 / 186
2012-2022
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GDP PC GROWTH-15.7%CURRENT US$
Rnk 166 / 186

About

Brazil-Kuwait Trade: In 2022, Brazil exported $347M to Kuwait. The main products that Brazil exported to Kuwait were Poultry Meat ($229M), Corn ($26.2M), and Frozen Bovine Meat ($20.7M). Over the past 5 years the exports of Brazil to Kuwait have increased at an annualized rate of 7.62%, from $240M in 2017 to $347M in 2022.

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

Kuwait-Brazil Trade: In 2022, Kuwait exported $319M to Brazil. The main products that Kuwait exported to Brazil were Refined Petroleum ($275M), Sulphur ($24.6M), and Cyclic Hydrocarbons ($9.24M). Over the past 5 years the exports of Kuwait to Brazil have increased at an annualized rate of 17.6%,  from $142M in 2017 to $319M in 2022.

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

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Latest Trends

October, 2024

About

Overview In October 2024, Brazil exported $35.9M and imported $62.1M from Kuwait, resulting in a negative trade balance of $26.2M. Between October 2023 and October 2024 the exports of Brazil have increased by $20.6M (135%) from $15.3M to $35.9M, while imports decreased by $-62.3M (-50.1%) from $124M to $62.1M.

Trade In October 2024, the top exports of Brazil to Kuwait were Poultry Meat ($12.6M), Frozen Bovine Meat ($2.04M), Other Prepared Meat ($661k), Fruit Juice ($280k), and Rubber Footwear ($179k). In October 2024 the top imports of Brazil from Kuwait were Refined Petroleum ($70.2M), Sulphur ($3.74M), Iron Fasteners ($228), Other Iron Products ($145), and Other Plastic Products ($20).

Origins In October 2024 the exports of Brazil were mainly from Rio Grande do Sul ($9.04M), Mato Grosso ($7.77M), Paraná ($7.03M), Santa Catarina ($3.2M), and São Paulo ($1.7M), while imports destinations were mainly São Paulo ($62.1M) and Pernambuco ($15.2k).

Growth In October 2024, the increase in Brazil's year-by-year exports to Kuwait was explained primarily by an increase in product exports in Frozen Bovine Meat ($1.47M or 256%), Other Prepared Meat ($372k or 129%), and Fruit Juice ($133k or 90.5%). In October 2024, the decrease in Brazil's year-by-year imports  from Kuwait was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)$20.6M(135%)
IMPORT GROWTH (October 2023 - October 2024)$-62.3M(-50.1%)
MAIN EXPORTER (October 2024)Rio Grande do Sul$9.04M

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

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

For full datasets download visit Bulk Download page.

Explore Kuwait and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $347M to Kuwait. The main products exported from Brazil to Kuwait were Poultry Meat ($229M), Corn ($26.2M), and Frozen Bovine Meat ($20.7M). During the last 5 years the exports of Brazil to Kuwait have increased at an annualized rate of 7.62%, from $240M in 2017 to $347M in 2022.

In 2017, Kuwait exported $319M to Brazil. The main products exported from Kuwait to Brazil were Refined Petroleum ($275M), Sulphur ($24.6M), and Cyclic Hydrocarbons ($9.24M). During the last 5 years the exports of Kuwait to Brazil have increased at an annualized rate of 17.6%, from $142M in 2022 to $319M in 2017.

Exports from Brazil (Flag) to Kuwait (Flag) (2022)

Exports from Kuwait (Flag) to Brazil (Flag) (2022)

Market Competitiveness

Color
Brazil
Top DestinationChina$90.1B
Kuwait
Top DestinationChina$24.3B

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

In 2022, countries that imported more from Brazil than Kuwait included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Kuwait than Brazil included India ($15B), Chinese Taipei ($7.34B), and South Korea ($10.8B).

Difference in imports from Kuwait (Flag) and Brazil (Flag) (2022)

Comparative Advantage Brazil - Kuwait

Flow
Scale

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

During 2022, Brazil had a large net trade with Kuwait in the exports of Animal Products ($254M), Vegetable Products ($30.4M), and Machines ($14.3M).

During 2017, Kuwait had a large net trade with Brazil in the exports of Mineral Products ($300M), Chemical Products ($12M), and Metals ($4.21M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Kuwait+$9.29MCorn
Top Product Potential Kuwait Brazil+$138MRefined Petroleum

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

Product Space of Brazil (Flag) and Kuwait (Flag) (2022)

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