Indonesia (IDN) and Kuwait (KWT) Trade | The Observatory of Economic Complexity

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Indonesia-Kuwait Trade: In 2023, Indonesia exported $363M to Kuwait. The main products that Indonesia exported to Kuwait were Cars ($172M), Textile Footwear ($11.6M), and Valves ($10.7M). Over the past 5 years the exports of Indonesia to Kuwait have increased at an annualized rate of 9.87%, from $227M in 2018 to $363M in 2023.

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

Kuwait-Indonesia Trade: In 2023, Kuwait exported $252M to Indonesia. The main products that Kuwait exported to Indonesia were Petroleum Gas ($120M), Refined Petroleum ($33.9M), and Ethylene Polymers ($26.9M). Over the past 5 years the exports of Kuwait to Indonesia have decreased at an annualized rate of 1.1%, from $267M in 2018 to $252M in 2023.

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

Comparison: In 2023, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B). That same year, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21), and 47 in total exports ($71B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Indonesia exported $363M to Kuwait. The main products exported from Indonesia to Kuwait were Cars ($172M), Textile Footwear ($11.6M), and Valves ($10.7M). During the last 5 years the exports of Indonesia to Kuwait have increased at an annualized rate of 9.87%, from $227M in 2018 to $363M in 2023.

In 2018, Kuwait exported $252M to Indonesia. The main products exported from Kuwait to Indonesia were Petroleum Gas ($120M), Refined Petroleum ($33.9M), and Ethylene Polymers ($26.9M). During the last 5 years the exports of Kuwait to Indonesia have decreased at an annualized rate of 1.1%, from $267M in 2023 to $252M in 2018.

Exports from Indonesia () to Kuwait () (2023)

Exports from Kuwait () to Indonesia () (2023)

Latest Data

Trade between Indonesia () and Kuwait ()

Indonesia Exports

Date

Kuwait Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Indonesia
Top DestinationChina$70.7B

Kuwait
Top DestinationChina$17.4B

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

In 2023, countries that imported more from Indonesia than Kuwait included China ($70.7B), United States ($27.9B), and Japan ($23.7B).

In 2023, countries that imported more from Kuwait than Indonesia included Oman ($1.74B), Egypt ($2.78B), and France ($2.29B).

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

Comparative Advantage Indonesia - Kuwait

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Indonesia had a large net trade with Kuwait in the exports of Transportation ($177M), Machines ($30.4M), and Paper Goods ($24.5M).

During 2018, Kuwait had a large net trade with Indonesia in the exports of Mineral Products ($192M), Chemical Products ($29.5M), and Plastics and Rubbers ($27.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Indonesia Kuwait+$29MCars

Top Product Potential Kuwait Indonesia+$26MPetroleum Gas

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

About

Historical Data

Bilateral Trade by Products

Exports from Indonesia () to Kuwait () (2023)

Exports from Kuwait () to Indonesia () (2023)

Latest Data

Trade between Indonesia () and Kuwait ()

Indonesia Exports

Kuwait Exports

Market Competitiveness

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

Comparative Advantage Indonesia - Kuwait

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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