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

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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.

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.

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

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, 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 2018 to $252M in 2023.

In 2018, 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 2023 to $363M in 2018.

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

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

Latest Data

Trade between Kuwait () and Indonesia ()

Kuwait Exports

Date

Indonesia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$17.4B

Indonesia
Top DestinationChina$70.7B

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

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

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

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

Comparative Advantage Kuwait - Indonesia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, 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).

During 2018, Indonesia had a large net trade with Kuwait in the exports of Transportation ($177M), Machines ($30.4M), and Paper Goods ($24.5M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kuwait Indonesia+$26MPetroleum Gas

Top Product Potential Indonesia Kuwait+$29MCars

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Kuwait () and Indonesia ()

Kuwait Exports

Indonesia Exports

Market Competitiveness

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

Comparative Advantage Kuwait - Indonesia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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