Kuwait (KWT) and Brazil (BRA) Trade | The Observatory of Economic Complexity

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, 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 2018 to $430M in 2023.

In 2018, 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 2023 to $311M in 2018.

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

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

Latest Data

Trade between Kuwait () and Brazil ()

Kuwait Exports

Date

Brazil Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$17.4B

Brazil
Top DestinationChina$106B

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

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

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

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

Comparative Advantage Kuwait - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Kuwait had a large net trade with Brazil in the exports of Mineral Products ($429M), Instruments ($454k), and Vegetable Products ($176k).

During 2018, Brazil had a large net trade with Kuwait in the exports of Animal Products ($226M), Metals ($22.2M), and Foodstuffs ($20.2M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kuwait Brazil+$138MRefined Petroleum

Top Product Potential Brazil Kuwait+$9.29MCorn

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

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Kuwait () and Brazil ()

Kuwait Exports

Brazil Exports

Market Competitiveness

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

Comparative Advantage Kuwait - Brazil

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring