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

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Kuwait-Brazil Trade: In 2022, Kuwait exported $319M to Brazil. The main products that Kuwait exported to Brazil were Refined Petroleum ($275M), Sulphur ($24.6M), and Cyclic Hydrocarbons ($9.24M). Over the past 5 years the exports of Kuwait to Brazil have increased at an annualized rate of 17.6%, from $142M in 2017 to $319M in 2022.

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

Brazil-Kuwait Trade: In 2022, Brazil exported $347M to Kuwait. The main products that Brazil exported to Kuwait were Poultry Meat ($229M), Corn ($26.2M), and Frozen Bovine Meat ($20.7M). Over the past 5 years the exports of Brazil to Kuwait have increased at an annualized rate of 7.62%, from $240M in 2017 to $347M in 2022.

In 2022, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Kuwait exported $319M to Brazil. The main products exported from Kuwait to Brazil were Refined Petroleum ($275M), Sulphur ($24.6M), and Cyclic Hydrocarbons ($9.24M). During the last 5 years the exports of Kuwait to Brazil have increased at an annualized rate of 17.6%, from $142M in 2017 to $319M in 2022.

In 2017, Brazil exported $347M to Kuwait. The main products exported from Brazil to Kuwait were Poultry Meat ($229M), Corn ($26.2M), and Frozen Bovine Meat ($20.7M). During the last 5 years the exports of Brazil to Kuwait have increased at an annualized rate of 7.62%, from $240M in 2022 to $347M in 2017.

Exports from Kuwait () to Brazil () (2022)

Exports from Brazil () to Kuwait () (2022)

Latest Data

Trade between Kuwait () and Brazil ()

Kuwait Exports

Date

Brazil Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kuwait
Top DestinationChina$24.3B

Brazil
Top DestinationChina$90.1B

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 2022, countries that imported more from Kuwait than Brazil included India ($15B), Chinese Taipei ($7.34B), and South Korea ($10.8B).

In 2022, countries that imported more from Brazil than Kuwait included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

Difference in imports from Brazil () and Kuwait () (2022)

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 2022, Kuwait had a large net trade with Brazil in the exports of Mineral Products ($300M), Chemical Products ($12M), and Metals ($4.21M).

During 2017, Brazil had a large net trade with Kuwait in the exports of Animal Products ($254M), Vegetable Products ($30.4M), and Machines ($14.3M).

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.

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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 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 () (2022)

Exports from Brazil () to Kuwait () (2022)

Latest Data

Trade between Kuwait () and Brazil ()

Kuwait Exports

Brazil Exports

Market Competitiveness

Difference in imports from Brazil () and Kuwait () (2022)

Comparative Advantage Kuwait - Brazil

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kuwait () and Brazil () (2022)

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