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Pricing

2022
Flag → Flag
Exports $2.57BRnk 35 / 211
2022
Flag → Flag
Top Product $1.74BCars
2022
Flag → Flag
Exports $8.64BRnk 4 / 156
2022
Flag → Flag
Top Product $7.19BCrude Petroleum
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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Economic Complexity (ECI) ECI 0.44Rnk 46 / 133
2022
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GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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 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 $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186
2022
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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

Japan-Kuwait Trade: In 2022, Japan exported $2.57B to Kuwait. The main products that Japan exported to Kuwait were Cars ($1.74B), Buses ($102M), and Delivery Trucks ($99.6M). Over the past 5 years the exports of Japan to Kuwait have increased at an annualized rate of 11.3%, from $1.51B in 2017 to $2.57B in 2022.

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

Kuwait-Japan Trade: In 2022, Kuwait exported $8.64B to Japan. The main products that Kuwait exported to Japan were Crude Petroleum ($7.19B), Refined Petroleum ($1.1B), and Petroleum Gas ($328M). Over the past 5 years the exports of Kuwait to Japan have increased at an annualized rate of 10.3%,  from $5.29B in 2017 to $8.64B in 2022.

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

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Latest Trends

August, 2024

About

Overview In August 2024, Japan exported ¥21.5B and imported ¥98.4B from Kuwait, resulting in a negative trade balance of ¥76.9B. Between August 2023 and August 2024 the exports of Japan have increased by ¥395M (1.87%) from ¥21.1B to ¥21.5B, while imports increased by ¥10.4B (11.8%) from ¥88B to ¥98.4B.

Trade In August 2024, the top exports of Japan to Kuwait were Cars (¥11.7B), Delivery Trucks (¥840M), Buses (¥742M), Coated Flat-Rolled Iron (¥287M), and Other Synthetic Fabrics (¥274M). In August 2024 the top imports of Japan from Kuwait were Crude Petroleum (¥100B), Refined Petroleum (¥23.6B), Petroleum Gas (¥2.56B), Scrap Copper (¥153M), and Commodities not elsewhere specified (¥897k).

Origins In August 2024 the exports of Japan were mainly from Aichi (¥14.9B), Kanagawa (¥2.51B), Fukuoka (¥1.59B), Hyōgo (¥897M), and Wakayama (¥405M), while imports destinations were mainly Kagoshima (¥28B), Chiba (¥18.1B), Okayama (¥15B), Ōita (¥8.01B), and Aichi (¥7.81B).

Growth In August 2024, the increase in Japan's year-by-year exports to Kuwait was explained primarily by an increase in product exports in Cars (¥4.93B or 73.3%), Buses (¥477M or 180%), and Delivery Trucks (¥405M or 93.1%). In August 2024, the increase in Japan's year-by-year imports  from Kuwait was explained primarily by an increase in product imports  in Crude Petroleum (¥49.6B or 97.5%) and Refined Petroleum (¥7.41B or 46%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)¥395M(1.87%)
IMPORT GROWTH (August 2023 - August 2024)¥10.4B(11.8%)
MAIN EXPORTER (August 2024)Aichi¥14.9B

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

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

For full datasets download visit Bulk Download page.

Explore Kuwait and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $2.57B to Kuwait. The main products exported from Japan to Kuwait were Cars ($1.74B), Buses ($102M), and Delivery Trucks ($99.6M). During the last 5 years the exports of Japan to Kuwait have increased at an annualized rate of 11.3%, from $1.51B in 2017 to $2.57B in 2022.

In 2017, Kuwait exported $8.64B to Japan. The main products exported from Kuwait to Japan were Crude Petroleum ($7.19B), Refined Petroleum ($1.1B), and Petroleum Gas ($328M). During the last 5 years the exports of Kuwait to Japan have increased at an annualized rate of 10.3%, from $5.29B in 2022 to $8.64B in 2017.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Kuwait
Top DestinationChina$24.3B

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

In 2022, countries that imported more from Japan than Kuwait included United States ($137B), China ($135B), and Chinese Taipei ($50.1B).

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

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

Comparative Advantage Japan - Kuwait

Flow
Scale

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

During 2022, Japan had a large net trade with Kuwait in the exports of Transportation ($2.02B), Machines ($207M), and Chemical Products ($86.9M).

During 2017, Kuwait had a large net trade with Japan in the exports of Mineral Products ($8.62B), Chemical Products ($13.3M), and Metals ($7.61M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Kuwait+$22.5MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Kuwait Japan+$428MPetroleum 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

This visualization shows the product space at the HS4 level with the flags of Japan and Kuwait. This means that a dot/product with the flag of Japan indicates it has a comparative advantage over Kuwait. Similarly, a dot/product with the flag of Kuwait indicates it has a comparative advantage over Japan.

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

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