NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $311MRnk 77 / 221
2023
Flag → Flag
Top Product $211MPoultry Meat
2023
Flag → Flag
Exports $430MRnk 22 / 159
2023
Flag → Flag
Top Product $409MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.21Rnk 53 / 132
2023
Flag  
GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP$164BCURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP GROWTH-6.01%CURRENT US$
Rnk 178 / 195
2023
Flag
GDP PC $10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC$33,730CURRENT US$
Rnk 39 / 196
2013-2023
Flag
GDP PC GROWTH-32.1%CURRENT US$
Rnk 187 / 195

About

Brazil-Kuwait Trade: In 2023, Brazil exported $311M to Kuwait. The main products that Brazil exported to Kuwait were Poultry Meat ($211M), Iron Pipes ($20.7M), and Corn ($14.6M). Over the past 5 years the exports of Brazil to Kuwait have increased at an annualized rate of 3.41%, from $263M in 2018 to $311M in 2023.

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

Kuwait-Brazil Trade: In 2023, Kuwait exported $430M to Brazil. The main products that Kuwait exported to Brazil were Refined Petroleum ($409M), Sulphur ($20.8M), and Surveying Equipment ($451k). Over the past 5 years the exports of Kuwait to Brazil have increased at an annualized rate of 12.7%,  from $236M in 2018 to $430M in 2023.

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

Comparison: In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B). That same year, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21), and 47 in total exports ($71B).

Latest Trends

December, 2024

About

Overview In December 2024, Brazil exported $29.1M and imported $4.87M from Kuwait, resulting in a positive trade balance of $24.2M. Between December 2023 and December 2024 the exports of Brazil have increased by $9.25M (46.7%) from $19.8M to $29.1M, while imports decreased by $-8.08M (-62.4%) from $12.9M to $4.87M.

Trade In December 2024, the top exports of Brazil to Kuwait were Poultry Meat ($19.3M), Other Prepared Meat ($561k), Coffee ($420k), Frozen Bovine Meat ($380k), and Plastic Pipes ($288k). In December 2024 the top imports of Brazil from Kuwait were Iron Fasteners ($185), Other Iron Products ($42), and Other Plastic Products ($23).

Origins In December 2024 the exports of Brazil were mainly from Paraná ($12.2M), Rio Grande do Sul ($5.11M), Santa Catarina ($1.29M), Goiás ($1.04M), and Minas Gerais ($885k), while imports destinations were mainly Minas Gerais ($3.41M) and São Paulo ($1.46M).

Growth In December 2024, the increase in Brazil's year-by-year exports to Kuwait was explained primarily by an increase in product exports in Poultry Meat ($6.7M or 53.3%), Coffee ($348k or 482%), and Rubber Footwear ($99.8k or 55.7%). In December 2024, the decrease in Brazil's year-by-year imports  from Kuwait was explained primarily by an decrease in product imports  in Other Iron Products ($-103 or -71%) and Iron Fasteners ($-43 or -18.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$9.25M(46.7%)
IMPORT GROWTH (December 2023 - December 2024)$-8.08M(-62.4%)
MAIN EXPORTER (December 2024)Paraná$12.2M

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

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $311M to Kuwait. The main products exported from Brazil to Kuwait were Poultry Meat ($211M), Iron Pipes ($20.7M), and Corn ($14.6M). During the last 5 years the exports of Brazil to Kuwait have increased at an annualized rate of 3.41%, from $263M in 2018 to $311M in 2023.

In 2018, Kuwait exported $430M to Brazil. The main products exported from Kuwait to Brazil were Refined Petroleum ($409M), Sulphur ($20.8M), and Surveying Equipment ($451k). During the last 5 years the exports of Kuwait to Brazil have increased at an annualized rate of 12.7%, from $236M in 2023 to $430M in 2018.

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

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

Market Competitiveness

Color
Brazil
Top DestinationChina$106B
Kuwait
Top DestinationChina$17.4B

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 2023, countries that imported more from Brazil than Kuwait included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, countries that imported more from Kuwait than Brazil included India ($9.51B), Chinese Taipei ($4.74B), and Pakistan ($2.13B).

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

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 2023, Brazil had a large net trade with Kuwait in the exports of Animal Products ($226M), Metals ($22.2M), and Foodstuffs ($20.2M).

During 2018, Kuwait had a large net trade with Brazil in the exports of Mineral Products ($429M), Instruments ($454k), and Vegetable Products ($176k).

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms