2022
Flag  
GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
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
Flag
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).

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 Destination
China$90.1B
Kuwait
Top Destination
China$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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