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Pricing

2022
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Exports $2.57BRnk 35 / 211
2022
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Top Product $1.74BCars
2022
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Exports $8.64BRnk 4 / 156
2022
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Top Product $7.19BCrude Petroleum
2022
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Economic Complexity (ECI) ECI 1.99Rnk 1 / 124
2022
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Economic Complexity (ECI) ECI 0.16Rnk 53 / 124
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 In 2022, Japan exported $2.57B to Kuwait. The main products that Japan exported to Kuwait are Cars ($1.74B), Buses ($102M), and Delivery Trucks ($99.6M). During the last 27 years the exports of Japan to Kuwait have increased at an annualized rate of 5.35%, from $630M in 1995 to $2.57B in 2022.

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

Kuwait-Japan 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). During the last 27 years the exports of Kuwait to Japan have increased at an annualized rate of 4.82%, from $2.42B in 1995 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 1.99), and 4 in total exports ($728B). That same year, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.16), and 42 in total exports ($101B).

Latest Trends

January, 2024

About

Overview In January 2024, Japan exported ¥13.1B and imported ¥69.9B from Kuwait, resulting in a negative trade balance of ¥56.8B. Between January 2023 and January 2024 the exports of Japan have decreased by ¥-3.06B (-18.9%) from ¥16.1B to ¥13.1B, while imports decreased by ¥-56.8B (-44.8%) from ¥127B to ¥69.9B.

Trade In January 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 January 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 January 2024 the exports of Japan were mainly from Aichi (¥7.39B), Kanagawa (¥1.53B), Fukuoka (¥1.3B), Chiba (¥713M), and Hyōgo (¥641M), while imports destinations were mainly Okayama (¥22.4B), Kagoshima (¥13.6B), Osaka (¥10.9B), Aichi (¥8.12B), and Ibaraki (¥4.17B).

Growth In January 2024, the decrease in Japan's year-by-year exports to Kuwait was explained primarily by an decrease in product exports in Liquid Pumps (¥-145M or -77.8%), Rubberworking Machinery (¥-88.9M or -98.6%), and Valves (¥-72.3M or -83.8%). In January 2024, the decrease in Japan's year-by-year imports  from Kuwait was explained primarily by an decrease in product imports  in Petroleum Gas (¥-387M or -13.1%) and Commodities not elsewhere specified (¥-2M or -69%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)¥-3.06B(-18.9%)
IMPORT GROWTH (January 2023 - January 2024)¥-56.8B(-44.8%)
MAIN EXPORTER (January 2024)Aichi¥7.39B

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.

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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 27 years the exports of Japan to Kuwait have increased at an annualized rate of 5.35%, from $630M in 1995 to $2.57B in 2022.

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 27 years the exports of Kuwait to Japan have increased at an annualized rate of 4.82%, from $2.42B in 1995 to $8.64B in 2022.

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 2021, countries that imported more from Japan than Kuwait were United States ($137B), China ($135B), and Chinese Taipei ($50.1B).

In 2021, countries that imported more from Kuwait than Japan were 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 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).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Japan has comparative advantage over Kuwait. Similarly, the more yellow a dot/product is, the more Kuwait has comparative advantage over Japan.

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

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