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GDP
$185BCURRENT US$
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2012-2022
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6.04%CURRENT US$
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$4.23TCURRENT US$
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-32.5%CURRENT US$
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$43,233CURRENT US$
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-15.7%CURRENT US$
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$33,815CURRENT US$
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-31.2%CURRENT US$
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About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $8.64B in 2022.

In 2017, 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 2022 to $2.57B in 2017.

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

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

Latest Data

Trade between Kuwait (Flag) and Japan (Flag)

Kuwait Exports

Japan Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Japan
Top Destination
United States$137B

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

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

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

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

Comparative Advantage Kuwait - Japan

Flow
Scale

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

During 2022, Kuwait had a large net trade with Japan in the exports of Mineral Products ($8.62B), Chemical Products ($13.3M), and Metals ($7.61M).

During 2017, Japan had a large net trade with Kuwait in the exports of Transportation ($2.02B), Machines ($207M), and Chemical Products ($86.9M).

Potential Exports

Potential Exports

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

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

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

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