{
  "template": "T19",
  "templateName": "Exporter Regional Trade Playbook",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "logo": "https://www.yugalinks.com/trade/yugalinks-logo-v3-dark-mode.webp"
  },
  "branding": {
    "brandName": "Yugalinks",
    "header": "Shared Yugalinks trade navigation",
    "footer": "Shared Yugalinks trade footer",
    "logo": "https://www.yugalinks.com/trade/yugalinks-logo-v3-dark-mode.webp"
  },
  "seo": {
    "title": "Kuwait Export Playbook for Latin America and Caribbean | Yugalinks",
    "description": "Explore Kuwait's export opportunities in Latin America and Caribbean. Compare buyer markets, access conditions, products, and calculated trade potential.",
    "canonical": "https://www.yugalinks.com/trade/playbook/KWT/region/latin-america",
    "robots": "index, follow"
  },
  "breadcrumbs": [
    {
      "name": "Home",
      "url": "https://www.yugalinks.com/"
    },
    {
      "name": "Trade data",
      "url": "https://www.yugalinks.com/trade/"
    },
    {
      "name": "Kuwait in Latin America and Caribbean",
      "url": "https://www.yugalinks.com/trade/playbook/KWT/region/latin-america"
    }
  ],
  "exporter": {
    "iso3": "KWT",
    "country_name": "Kuwait"
  },
  "profile": {
    "year": 2024,
    "country_iso3": "KWT",
    "exports_usd": 81293297442.36078,
    "imports_usd": 38489342442.256134,
    "trade_balance_usd": 42803955000.104645,
    "yoy_exports_growth_pct": -7.631647654966756,
    "yoy_imports_growth_pct": -0.769918801565872,
    "exports_cagr_3y_pct": 8.638843831790766,
    "imports_cagr_3y_pct": 1.8688918809294242,
    "export_partner_hhi": 661.9687505619632,
    "export_product_hhi": 2827.097439782203,
    "momentum_score": -2.750500208939499,
    "risk_score": 17.44533095172083,
    "gdp_million_usd": 160227.2730533338,
    "gdp_per_capita_usd": 32717.718663125463,
    "population": 4897263,
    "labor_force": 2515.79,
    "investment_rate_pct": 20.17,
    "savings_rate_pct": 61.05,
    "secondary_education_pct": 57.04,
    "tertiary_education_pct": 6.59,
    "total_factor_productivity": 1708.96,
    "trade_openness_pct": 77.9250660016988,
    "exports_gdp_pct": 52.88567337298466,
    "num_active_partners": 270,
    "num_fta_partners": 16,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 2,
    "num_shared_language_partners": 27,
    "avg_partner_distance_km": 6872.131687242799,
    "avg_partner_gdp_million_usd": 533678518.3258193,
    "avg_partner_gdp_per_capita_usd": 15.774186170212769,
    "avg_buyer_biz_entry_days": null,
    "avg_buyer_biz_entry_cost_pct": null,
    "pct_partners_with_fta": 5.9259259259259265,
    "pct_partners_shared_language": 10,
    "pct_partners_shared_border": 0.7407407407407408,
    "avg_applied_tariff_pct": 0.13266214004721683,
    "avg_mfn_tariff_pct": 0.13803995916458547,
    "avg_preferential_tariff_pct": 0.03114489567805393,
    "tariff_advantage_pp": 0.10689506348653155,
    "avg_distance_all_partners_km": 6945.558400488382,
    "num_border_partners": 50,
    "num_colonial_partners": 25,
    "avg_substitution_elasticity": -9.456357615000327,
    "pct_products_high_elasticity": 71.18184896715205,
    "pct_products_low_elasticity": 3.352522858110396,
    "real_market_potential": 288073.4827253443,
    "foreign_market_potential": 15317.01353657308
  },
  "region": {
    "slug": "latin-america",
    "name": "Latin America and Caribbean"
  },
  "latestYear": 2024,
  "totals": {
    "addressable_usd": 32687321469.579994,
    "market_count": 4,
    "fta_count": 0,
    "average_distance_km": 12958.040771484375,
    "average_entry_days": 9.149999999999999
  },
  "markets": [
    {
      "iso3": "BRA",
      "country_name": "Brazil",
      "opportunity_count": 7,
      "addressable_usd": 14849560262.930002,
      "trade_value_usd": 21727323342.78028,
      "tariff_total": 116.19999999999999,
      "tariff_count": 7,
      "distance_total": 81864.029296875,
      "distance_count": 7,
      "fta": 0,
      "topProduct": "Product not reported",
      "topProductValue": 6323861112.59,
      "risk": "Not reported",
      "average_distance_km": 11694.861328125,
      "entry_days": 16.599999999999998
    },
    {
      "iso3": "CHL",
      "country_name": "Chile",
      "opportunity_count": 2,
      "addressable_usd": 9179567079.43,
      "trade_value_usd": 8207684020.782729,
      "tariff_total": 8,
      "tariff_count": 2,
      "distance_total": 28548.740234375,
      "distance_count": 2,
      "fta": 0,
      "topProduct": "Product not reported",
      "topProductValue": 7196220164.25,
      "risk": "Not reported",
      "average_distance_km": 14274.3701171875,
      "entry_days": 4
    },
    {
      "iso3": "PAN",
      "country_name": "Panama",
      "opportunity_count": 1,
      "addressable_usd": 7038597263.76,
      "trade_value_usd": 5364442144.540482,
      "tariff_total": 6,
      "tariff_count": 1,
      "distance_total": 12979.443359375,
      "distance_count": 1,
      "fta": 0,
      "topProduct": "Commodities not specified according to kind",
      "topProductValue": 7038597263.76,
      "risk": "Not reported",
      "average_distance_km": 12979.443359375,
      "entry_days": 6
    },
    {
      "iso3": "COL",
      "country_name": "Colombia",
      "opportunity_count": 1,
      "addressable_usd": 1619596863.46,
      "trade_value_usd": 1546976195.5703819,
      "tariff_total": 10,
      "tariff_count": 1,
      "distance_total": 12883.48828125,
      "distance_count": 1,
      "fta": 0,
      "topProduct": "Product not reported",
      "topProductValue": 1619596863.46,
      "risk": "Not reported",
      "average_distance_km": 12883.48828125,
      "entry_days": 10
    }
  ],
  "opportunities": [
    {
      "exporter_iso3": "KWT",
      "importer_iso3": "CHL",
      "hs_code": "271019",
      "hs_description": "",
      "hs_chapter": "",
      "hs_heading": "",
      "price_range_label": null,
      "trade_type_label": null,
      "substitution_elasticity": null,
      "buyer_imports_latest_usd": 6203197937.977707,
      "buyer_imports_avg_usd": 3275442360.4670644,
      "buyer_imports_peak_usd": 9608443546.939932,
      "buyer_cagr_full_pct": 13.8249,
      "buyer_yoy_avg_pct": 23.6787,
      "buyer_yoy_latest_pct": -7.1372,
      "buyer_trend_consistency_pct": 51.7241,
      "buyer_imports_proj_3y_usd": 9148020114.5,
      "buyer_imports_proj_5y_usd": 11852266967.52,
      "buyer_gdp_mn_latest": 317058.508652,
      "buyer_gdp_pc_latest": 16503,
      "buyer_population_latest": 19212.362,
      "buyer_investment_rate": 23.16,
      "buyer_savings_rate": 24.57,
      "buyer_edu_secondary": 92,
      "buyer_gdp_mn_2030_proj": 348088.75,
      "buyer_gdp_pc_2030_proj": 17914.12,
      "buyer_gdp_pc_growth_pct": 8.55,
      "buyer_gdp_mn_growth_pct": 9.79,
      "buyer_pop_growth_pct": 1.14,
      "exports_latest_usd": 840.9526999140136,
      "exports_avg_usd": 443428.22747714265,
      "exports_peak_usd": 1326124.9478702242,
      "share_latest_pct": 0.000012589193539267511,
      "share_avg_pct": 0.23804717651144502,
      "share_peak_pct": 0.7140240050867577,
      "share_change_1y_pp": -0.00009234606049881515,
      "share_trend_pp_per_yr": -0.357006,
      "cagr_full_pct": -26.4203,
      "yoy_avg_pct": -87.2053,
      "yoy_latest_pct": -74.6608,
      "trend_consistency_pct": 0,
      "exports_proj_3y_usd": 354.78,
      "exports_proj_5y_usd": 199.56,
      "your_share_gap_pp": 78.6642,
      "addressable_proj_3y_usd": 7196220164.25,
      "addressable_proj_5y_usd": 9323495300.21,
      "peer_best_share_pct": 78.66424893955622,
      "peer_top_exporter": "USA",
      "num_suppliers_latest": 75,
      "buyer_herfindahl_index": 6287.18,
      "distance_km": 14274.3701171875,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 4,
      "shared_legal_system": 1,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 1.4075821469250687,
      "lane_max_drawdown_pct": 99.93658571153007,
      "signal_flag": "Declining",
      "lane_data_years": 3,
      "lane_last_year": 2023,
      "rank": 97,
      "importer_name": "Chile"
    },
    {
      "exporter_iso3": "KWT",
      "importer_iso3": "PAN",
      "hs_code": "999999",
      "hs_description": "Commodities not specified according to kind",
      "hs_chapter": "99",
      "hs_heading": "9999",
      "price_range_label": null,
      "trade_type_label": null,
      "substitution_elasticity": null,
      "buyer_imports_latest_usd": 5364442144.540482,
      "buyer_imports_avg_usd": 3110026847.004231,
      "buyer_imports_peak_usd": 8582568742.366057,
      "buyer_cagr_full_pct": 10.2674,
      "buyer_yoy_avg_pct": 7419.5328,
      "buyer_yoy_latest_pct": 7.1083,
      "buyer_trend_consistency_pct": 65.5172,
      "buyer_imports_proj_3y_usd": 7192273754.69,
      "buyer_imports_proj_5y_usd": 8745016602.04,
      "buyer_gdp_mn_latest": 63605.0658,
      "buyer_gdp_pc_latest": 14516,
      "buyer_population_latest": 4381.583,
      "buyer_investment_rate": 37.8,
      "buyer_savings_rate": 37.61,
      "buyer_edu_secondary": 73.47,
      "buyer_gdp_mn_2030_proj": 82604.99,
      "buyer_gdp_pc_2030_proj": 17498.42,
      "buyer_gdp_pc_growth_pct": 20.55,
      "buyer_gdp_mn_growth_pct": 29.87,
      "buyer_pop_growth_pct": 7.74,
      "exports_latest_usd": 3404.8161164504136,
      "exports_avg_usd": 3646.3458591610342,
      "exports_peak_usd": 4711.990113318878,
      "share_latest_pct": 0.00006347008737740929,
      "share_avg_pct": 0.00008249573989377761,
      "share_peak_pct": 0.0001527352896679917,
      "share_change_1y_pp": -0.0000892652022905824,
      "share_trend_pp_per_yr": 0.000003,
      "cagr_full_pct": -2.5729,
      "yoy_avg_pct": 19.5429,
      "yoy_latest_pct": -27.7414,
      "trend_consistency_pct": 33.3333,
      "exports_proj_3y_usd": 3148.71,
      "exports_proj_5y_usd": 2988.76,
      "your_share_gap_pp": 97.8633,
      "addressable_proj_3y_usd": 7038597263.76,
      "addressable_proj_5y_usd": 8558162832.24,
      "peer_best_share_pct": 97.86337490439526,
      "peer_top_exporter": "SGP",
      "num_suppliers_latest": 10,
      "buyer_herfindahl_index": 9578.67,
      "distance_km": 12979.443359375,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 6,
      "shared_legal_system": 1,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 0.3041378764568616,
      "lane_max_drawdown_pct": 57.37674500186265,
      "signal_flag": "Stable",
      "lane_data_years": 4,
      "lane_last_year": 2024,
      "rank": 98,
      "importer_name": "Panama"
    },
    {
      "exporter_iso3": "KWT",
      "importer_iso3": "BRA",
      "hs_code": "271019",
      "hs_description": "",
      "hs_chapter": "",
      "hs_heading": "",
      "price_range_label": null,
      "trade_type_label": null,
      "substitution_elasticity": null,
      "buyer_imports_latest_usd": 10350858472.702112,
      "buyer_imports_avg_usd": 5222397655.517895,
      "buyer_imports_peak_usd": 15819812388.921122,
      "buyer_cagr_full_pct": 9.0208,
      "buyer_yoy_avg_pct": 21.4211,
      "buyer_yoy_latest_pct": -11.6913,
      "buyer_trend_consistency_pct": 65.5172,
      "buyer_imports_proj_3y_usd": 13412355066.23,
      "buyer_imports_proj_5y_usd": 15941315471.18,
      "buyer_gdp_mn_latest": 1608981.220812,
      "buyer_gdp_pc_latest": 7519,
      "buyer_population_latest": 213993.439,
      "buyer_investment_rate": 19.18,
      "buyer_savings_rate": 16.47,
      "buyer_edu_secondary": 67.76,
      "buyer_gdp_mn_2030_proj": 1681969.98,
      "buyer_gdp_pc_2030_proj": 7649.79,
      "buyer_gdp_pc_growth_pct": 1.74,
      "buyer_gdp_mn_growth_pct": 4.54,
      "buyer_pop_growth_pct": 2.75,
      "exports_latest_usd": 518365408.9163781,
      "exports_avg_usd": 261558284.4942643,
      "exports_peak_usd": 967756502.9617146,
      "share_latest_pct": 5.0079460586138005,
      "share_avg_pct": 4.340974589946713,
      "share_peak_pct": 10.421984770609336,
      "share_change_1y_pp": 2.0410644141107186,
      "share_trend_pp_per_yr": -0.09727,
      "cagr_full_pct": 7.7424,
      "yoy_avg_pct": 135.6848,
      "yoy_latest_pct": 49.0607,
      "trend_consistency_pct": 52.381,
      "exports_proj_3y_usd": 648329241.09,
      "exports_proj_5y_usd": 752607729.3,
      "your_share_gap_pp": 47.1495,
      "addressable_proj_3y_usd": 6323861112.59,
      "addressable_proj_5y_usd": 7516253819.25,
      "peer_best_share_pct": 52.15746664141805,
      "peer_top_exporter": "RUS",
      "num_suppliers_latest": 65,
      "buyer_herfindahl_index": 3327.14,
      "distance_km": 11694.861328125,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 16.6,
      "shared_legal_system": 1,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 1.1347609684976165,
      "lane_max_drawdown_pct": 98.34895166298672,
      "signal_flag": "Growing",
      "lane_data_years": 22,
      "lane_last_year": 2024,
      "rank": 117,
      "importer_name": "Brazil"
    },
    {
      "exporter_iso3": "KWT",
      "importer_iso3": "BRA",
      "hs_code": "841112",
      "hs_description": "Turbo-jets: of a thrust exceeding 25kN",
      "hs_chapter": "84",
      "hs_heading": "8411",
      "price_range_label": "High price range",
      "trade_type_label": "Two-way vertical trade",
      "substitution_elasticity": -31.853516,
      "buyer_imports_latest_usd": 2272459710.1580544,
      "buyer_imports_avg_usd": 541287602.6923193,
      "buyer_imports_peak_usd": 2272459710.1580544,
      "buyer_cagr_full_pct": 15.153,
      "buyer_yoy_avg_pct": 24.5346,
      "buyer_yoy_latest_pct": 20.1634,
      "buyer_trend_consistency_pct": 65.5172,
      "buyer_imports_proj_3y_usd": 3469935557.72,
      "buyer_imports_proj_5y_usd": 4601204693.66,
      "buyer_gdp_mn_latest": 1608981.220812,
      "buyer_gdp_pc_latest": 7519,
      "buyer_population_latest": 213993.439,
      "buyer_investment_rate": 19.18,
      "buyer_savings_rate": 16.47,
      "buyer_edu_secondary": 67.76,
      "buyer_gdp_mn_2030_proj": 1681969.98,
      "buyer_gdp_pc_2030_proj": 7649.79,
      "buyer_gdp_pc_growth_pct": 1.74,
      "buyer_gdp_mn_growth_pct": 4.54,
      "buyer_pop_growth_pct": 2.75,
      "exports_latest_usd": 3205.2204732534133,
      "exports_avg_usd": 726.2603342911405,
      "exports_peak_usd": 3205.2204732534133,
      "share_latest_pct": 0.0010032704936978698,
      "share_avg_pct": 0.0003848164008884,
      "share_peak_pct": 0.0010032704936978698,
      "share_change_1y_pp": 0.0007416809058010555,
      "share_trend_pp_per_yr": 0.000004,
      "cagr_full_pct": 24.12,
      "yoy_avg_pct": 63.1087,
      "yoy_latest_pct": 251.3113,
      "trend_consistency_pct": 62.5,
      "exports_proj_3y_usd": 6128.91,
      "exports_proj_5y_usd": 9442.07,
      "your_share_gap_pp": 64.6016,
      "addressable_proj_3y_usd": 2241633939.25,
      "addressable_proj_5y_usd": 2972451917.68,
      "peer_best_share_pct": 64.6026047113764,
      "peer_top_exporter": "USA",
      "num_suppliers_latest": 17,
      "buyer_herfindahl_index": 4468.5,
      "distance_km": 11694.861328125,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 16.6,
      "shared_legal_system": 1,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 1.245696467592577,
      "lane_max_drawdown_pct": 49.3266494839122,
      "signal_flag": "Accelerating",
      "lane_data_years": 9,
      "lane_last_year": 2005,
      "rank": 407,
      "importer_name": "Brazil"
    },
    {
      "exporter_iso3": "KWT",
      "importer_iso3": "CHL",
      "hs_code": "851712",
      "hs_description": "Telephones for cellular networks or for other wireless networks",
      "hs_chapter": "85",
      "hs_heading": "8517",
      "price_range_label": null,
      "trade_type_label": null,
      "substitution_elasticity": -8.9039278,
      "buyer_imports_latest_usd": 2004486082.8050225,
      "buyer_imports_avg_usd": 918479582.5942284,
      "buyer_imports_peak_usd": 2330946745.4186497,
      "buyer_cagr_full_pct": 14.5579,
      "buyer_yoy_avg_pct": 18.4643,
      "buyer_yoy_latest_pct": 11.5389,
      "buyer_trend_consistency_pct": 65.5172,
      "buyer_imports_proj_3y_usd": 3013551956.88,
      "buyer_imports_proj_5y_usd": 3954841739.84,
      "buyer_gdp_mn_latest": 317058.508652,
      "buyer_gdp_pc_latest": 16503,
      "buyer_population_latest": 19212.362,
      "buyer_investment_rate": 23.16,
      "buyer_savings_rate": 24.57,
      "buyer_edu_secondary": 92,
      "buyer_gdp_mn_2030_proj": 348088.75,
      "buyer_gdp_pc_2030_proj": 17914.12,
      "buyer_gdp_pc_growth_pct": 8.55,
      "buyer_gdp_mn_growth_pct": 9.79,
      "buyer_pop_growth_pct": 1.14,
      "exports_latest_usd": 181.07003492627354,
      "exports_avg_usd": 308.51482933605416,
      "exports_peak_usd": 507.27163423300345,
      "share_latest_pct": 0.000017071100336057337,
      "share_avg_pct": 0.00044964105985045004,
      "share_peak_pct": 0.0013030728700159848,
      "share_change_1y_pp": -0.000011708108863250568,
      "share_trend_pp_per_yr": -0.000643,
      "cagr_full_pct": -6.2356,
      "yoy_avg_pct": -38.452,
      "yoy_latest_pct": -23.6645,
      "trend_consistency_pct": 0,
      "exports_proj_3y_usd": 149.27,
      "exports_proj_5y_usd": 131.23,
      "your_share_gap_pp": 65.8143,
      "addressable_proj_3y_usd": 1983346915.18,
      "addressable_proj_5y_usd": 2602849818.74,
      "peer_best_share_pct": 65.81427690657698,
      "peer_top_exporter": "CHN",
      "num_suppliers_latest": 64,
      "buyer_herfindahl_index": 5073.32,
      "distance_km": 14274.3701171875,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 4,
      "shared_legal_system": 1,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 0.46156070316870584,
      "lane_max_drawdown_pct": 64.30511333438699,
      "signal_flag": "Slowing",
      "lane_data_years": 3,
      "lane_last_year": 2011,
      "rank": 455,
      "importer_name": "Chile"
    },
    {
      "exporter_iso3": "KWT",
      "importer_iso3": "BRA",
      "hs_code": "841191",
      "hs_description": "Turbines: parts of turbo-jets and turbo-propellers",
      "hs_chapter": "84",
      "hs_heading": "8411",
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade",
      "substitution_elasticity": -31.853516,
      "buyer_imports_latest_usd": 1990943072.9708917,
      "buyer_imports_avg_usd": 731621832.9283925,
      "buyer_imports_peak_usd": 1990943072.9708917,
      "buyer_cagr_full_pct": 10.6831,
      "buyer_yoy_avg_pct": 14.666,
      "buyer_yoy_latest_pct": 33.173,
      "buyer_trend_consistency_pct": 72.4138,
      "buyer_imports_proj_3y_usd": 2699617359.3,
      "buyer_imports_proj_5y_usd": 3307230455.18,
      "buyer_gdp_mn_latest": 1608981.220812,
      "buyer_gdp_pc_latest": 7519,
      "buyer_population_latest": 213993.439,
      "buyer_investment_rate": 19.18,
      "buyer_savings_rate": 16.47,
      "buyer_edu_secondary": 67.76,
      "buyer_gdp_mn_2030_proj": 1681969.98,
      "buyer_gdp_pc_2030_proj": 7649.79,
      "buyer_gdp_pc_growth_pct": 1.74,
      "buyer_gdp_mn_growth_pct": 4.54,
      "buyer_pop_growth_pct": 2.75,
      "exports_latest_usd": 223.92875087935772,
      "exports_avg_usd": 127.0167281596211,
      "exports_peak_usd": 303.41678229648056,
      "share_latest_pct": 0.00009706954592493204,
      "share_avg_pct": 0.00006615168195482837,
      "share_peak_pct": 0.00017765572922297297,
      "share_change_1y_pp": -0.00008058618329804093,
      "share_trend_pp_per_yr": 0.000007,
      "cagr_full_pct": 17.3701,
      "yoy_avg_pct": 36.1615,
      "yoy_latest_pct": -26.1976,
      "trend_consistency_pct": 62.5,
      "exports_proj_3y_usd": 362.06,
      "exports_proj_5y_usd": 498.77,
      "your_share_gap_pp": 64.376,
      "addressable_proj_3y_usd": 1737906936.93,
      "addressable_proj_5y_usd": 2129064228.41,
      "peer_best_share_pct": 64.37614395412776,
      "peer_top_exporter": "USA",
      "num_suppliers_latest": 45,
      "buyer_herfindahl_index": 4343.26,
      "distance_km": 11694.861328125,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 16.6,
      "shared_legal_system": 1,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 0.6749752556451135,
      "lane_max_drawdown_pct": 34.40421415513191,
      "signal_flag": "Growing",
      "lane_data_years": 9,
      "lane_last_year": 2005,
      "rank": 512,
      "importer_name": "Brazil"
    },
    {
      "exporter_iso3": "KWT",
      "importer_iso3": "COL",
      "hs_code": "271019",
      "hs_description": "",
      "hs_chapter": "",
      "hs_heading": "",
      "price_range_label": null,
      "trade_type_label": null,
      "substitution_elasticity": null,
      "buyer_imports_latest_usd": 1546976195.5703819,
      "buyer_imports_avg_usd": 1196054618.0225978,
      "buyer_imports_peak_usd": 4004411194.071823,
      "buyer_cagr_full_pct": 6.7659,
      "buyer_yoy_avg_pct": 16.4932,
      "buyer_yoy_latest_pct": 14.6933,
      "buyer_trend_consistency_pct": 62.069,
      "buyer_imports_proj_3y_usd": 1882701558.09,
      "buyer_imports_proj_5y_usd": 2146083996.83,
      "buyer_gdp_mn_latest": 314322.45322799997,
      "buyer_gdp_pc_latest": 6131,
      "buyer_population_latest": 51265.842,
      "buyer_investment_rate": 21.76,
      "buyer_savings_rate": 19.47,
      "buyer_edu_secondary": 77.87,
      "buyer_gdp_mn_2030_proj": 365015.23,
      "buyer_gdp_pc_2030_proj": 6906.92,
      "buyer_gdp_pc_growth_pct": 12.66,
      "buyer_gdp_mn_growth_pct": 16.13,
      "buyer_pop_growth_pct": 3.08,
      "exports_latest_usd": 19.300922958836928,
      "exports_avg_usd": 2169481.466818207,
      "exports_peak_usd": 3508678.788826929,
      "share_latest_pct": 0.000002059309698045209,
      "share_avg_pct": 0.07566233934765863,
      "share_peak_pct": 0.14867966140185224,
      "share_change_1y_pp": -0.07830323802172758,
      "share_trend_pp_per_yr": -0.074339,
      "cagr_full_pct": -82.2731,
      "yoy_avg_pct": -57.2522,
      "yoy_latest_pct": -99.9994,
      "trend_consistency_pct": 0,
      "exports_proj_3y_usd": 8.14,
      "exports_proj_5y_usd": 4.58,
      "your_share_gap_pp": 86.0252,
      "addressable_proj_3y_usd": 1619596863.46,
      "addressable_proj_5y_usd": 1846172004.82,
      "peer_best_share_pct": 86.02515333707983,
      "peer_top_exporter": "USA",
      "num_suppliers_latest": 69,
      "buyer_herfindahl_index": 7415.77,
      "distance_km": 12883.48828125,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 10,
      "shared_legal_system": 1,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 0.7135565561153532,
      "lane_max_drawdown_pct": 99.99944990909341,
      "signal_flag": "Declining",
      "lane_data_years": 3,
      "lane_last_year": 2018,
      "rank": 543,
      "importer_name": "Colombia"
    },
    {
      "exporter_iso3": "KWT",
      "importer_iso3": "BRA",
      "hs_code": "271012",
      "hs_description": "",
      "hs_chapter": "",
      "hs_heading": "",
      "price_range_label": null,
      "trade_type_label": null,
      "substitution_elasticity": null,
      "buyer_imports_latest_usd": 4738803096.374808,
      "buyer_imports_avg_usd": 3679292779.051726,
      "buyer_imports_peak_usd": 8959845784.111904,
      "buyer_cagr_full_pct": 3.622,
      "buyer_yoy_avg_pct": 10.4389,
      "buyer_yoy_latest_pct": -28.0601,
      "buyer_trend_consistency_pct": 65.5172,
      "buyer_imports_proj_3y_usd": 5272601683.92,
      "buyer_imports_proj_5y_usd": 5661469399.98,
      "buyer_gdp_mn_latest": 1608981.220812,
      "buyer_gdp_pc_latest": 7519,
      "buyer_population_latest": 213993.439,
      "buyer_investment_rate": 19.18,
      "buyer_savings_rate": 16.47,
      "buyer_edu_secondary": 67.76,
      "buyer_gdp_mn_2030_proj": 1681969.98,
      "buyer_gdp_pc_2030_proj": 7649.79,
      "buyer_gdp_pc_growth_pct": 1.74,
      "buyer_gdp_mn_growth_pct": 4.54,
      "buyer_pop_growth_pct": 2.75,
      "exports_latest_usd": 268270281.13845426,
      "exports_avg_usd": 146507411.53223392,
      "exports_peak_usd": 528267961.8000303,
      "share_latest_pct": 5.661140074456384,
      "share_avg_pct": 2.982587720421674,
      "share_peak_pct": 7.6837335085968,
      "share_change_1y_pp": 2.8413788496828385,
      "share_trend_pp_per_yr": 0.254929,
      "cagr_full_pct": 10.7725,
      "yoy_avg_pct": 97.9159,
      "yoy_latest_pct": 44.4314,
      "trend_consistency_pct": 57.8947,
      "exports_proj_3y_usd": 364643948.38,
      "exports_proj_5y_usd": 447438456.09,
      "your_share_gap_pp": 27.7755,
      "addressable_proj_3y_usd": 1464491393.67,
      "addressable_proj_5y_usd": 1572501339.72,
      "peer_best_share_pct": 33.436638423523746,
      "peer_top_exporter": "USA",
      "num_suppliers_latest": 52,
      "buyer_herfindahl_index": 1800.06,
      "distance_km": 11694.861328125,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 16.6,
      "shared_legal_system": 1,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 1.1053502588139468,
      "lane_max_drawdown_pct": 97.82791413967784,
      "signal_flag": "Accelerating",
      "lane_data_years": 20,
      "lane_last_year": 2024,
      "rank": 598,
      "importer_name": "Brazil"
    },
    {
      "exporter_iso3": "KWT",
      "importer_iso3": "BRA",
      "hs_code": "841510",
      "hs_description": "Air conditioning machines: comprising a motor-driven fan and elements for changing the temperature and humidity, window or wall types, self-contained or split-system",
      "hs_chapter": "84",
      "hs_heading": "8415",
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade",
      "substitution_elasticity": -3.7299976,
      "buyer_imports_latest_usd": 747373965.7764771,
      "buyer_imports_avg_usd": 173481520.02605754,
      "buyer_imports_peak_usd": 747373965.7764771,
      "buyer_cagr_full_pct": 16.5874,
      "buyer_yoy_avg_pct": 26.9126,
      "buyer_yoy_latest_pct": 82.5535,
      "buyer_trend_consistency_pct": 72.4138,
      "buyer_imports_proj_3y_usd": 1184386043.21,
      "buyer_imports_proj_5y_usd": 1609892305.79,
      "buyer_gdp_mn_latest": 1608981.220812,
      "buyer_gdp_pc_latest": 7519,
      "buyer_population_latest": 213993.439,
      "buyer_investment_rate": 19.18,
      "buyer_savings_rate": 16.47,
      "buyer_edu_secondary": 67.76,
      "buyer_gdp_mn_2030_proj": 1681969.98,
      "buyer_gdp_pc_2030_proj": 7649.79,
      "buyer_gdp_pc_growth_pct": 1.74,
      "buyer_gdp_mn_growth_pct": 4.54,
      "buyer_pop_growth_pct": 2.75,
      "exports_latest_usd": 104.6614140233622,
      "exports_avg_usd": 255.03411334974265,
      "exports_peak_usd": 639.688961945074,
      "share_latest_pct": 0.0005125861317684422,
      "share_avg_pct": 0.002035214275912606,
      "share_peak_pct": 0.005850801018165736,
      "share_change_1y_pp": -0.000006132885616395053,
      "share_trend_pp_per_yr": -0.000351,
      "cagr_full_pct": -9.6876,
      "yoy_avg_pct": 12.2702,
      "yoy_latest_pct": -8.0659,
      "trend_consistency_pct": 50,
      "exports_proj_3y_usd": 77.1,
      "exports_proj_5y_usd": 62.88,
      "your_share_gap_pp": 92.9064,
      "addressable_proj_3y_usd": 1100369979.37,
      "addressable_proj_5y_usd": 1495692366.07,
      "peer_best_share_pct": 92.90687412935425,
      "peer_top_exporter": "CHN",
      "num_suppliers_latest": 24,
      "buyer_herfindahl_index": 8655.08,
      "distance_km": 11694.861328125,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 16.6,
      "shared_legal_system": 1,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 0.6361585019729569,
      "lane_max_drawdown_pct": 87.12271109959147,
      "signal_flag": "Slowing",
      "lane_data_years": 9,
      "lane_last_year": 2005,
      "rank": 788,
      "importer_name": "Brazil"
    },
    {
      "exporter_iso3": "KWT",
      "importer_iso3": "BRA",
      "hs_code": "842129",
      "hs_description": "Machinery: for filtering or purifying liquids, n.e.c. in item no. 8421.2",
      "hs_chapter": "84",
      "hs_heading": "8421",
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade",
      "substitution_elasticity": -8.7596073,
      "buyer_imports_latest_usd": 894785324.2249303,
      "buyer_imports_avg_usd": 130655385.43669209,
      "buyer_imports_peak_usd": 894785324.2249303,
      "buyer_cagr_full_pct": 14.2317,
      "buyer_yoy_avg_pct": 22.4367,
      "buyer_yoy_latest_pct": 290.4347,
      "buyer_trend_consistency_pct": 72.4138,
      "buyer_imports_proj_3y_usd": 1333762591.45,
      "buyer_imports_proj_5y_usd": 1740410330.42,
      "buyer_gdp_mn_latest": 1608981.220812,
      "buyer_gdp_pc_latest": 7519,
      "buyer_population_latest": 213993.439,
      "buyer_investment_rate": 19.18,
      "buyer_savings_rate": 16.47,
      "buyer_edu_secondary": 67.76,
      "buyer_gdp_mn_2030_proj": 1681969.98,
      "buyer_gdp_pc_2030_proj": 7649.79,
      "buyer_gdp_pc_growth_pct": 1.74,
      "buyer_gdp_mn_growth_pct": 4.54,
      "buyer_pop_growth_pct": 2.75,
      "exports_latest_usd": 75.77348025461552,
      "exports_avg_usd": 114.2786284641458,
      "exports_peak_usd": 265.942733319501,
      "share_latest_pct": 0.00004390365575229177,
      "share_avg_pct": 0.00007688190469640401,
      "share_peak_pct": 0.00018171476398615134,
      "share_change_1y_pp": -0.00013781110823385956,
      "share_trend_pp_per_yr": 0.000019,
      "cagr_full_pct": 22.2259,
      "yoy_avg_pct": 11790.1695,
      "yoy_latest_pct": -71.5076,
      "trend_consistency_pct": 50,
      "exports_proj_3y_usd": 138.36,
      "exports_proj_5y_usd": 206.7,
      "your_share_gap_pp": 79.2988,
      "addressable_proj_3y_usd": 1057657114.35,
      "addressable_proj_5y_usd": 1380123703.91,
      "peer_best_share_pct": 79.29879775442508,
      "peer_top_exporter": "CHN",
      "num_suppliers_latest": 72,
      "buyer_herfindahl_index": 6349.47,
      "distance_km": 11694.861328125,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 16.6,
      "shared_legal_system": 1,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 0.9755919223393554,
      "lane_max_drawdown_pct": 71.50759514696647,
      "signal_flag": "Growing",
      "lane_data_years": 3,
      "lane_last_year": 2021,
      "rank": 838,
      "importer_name": "Brazil"
    },
    {
      "exporter_iso3": "KWT",
      "importer_iso3": "BRA",
      "hs_code": "852872",
      "hs_description": "Reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen",
      "hs_chapter": "85",
      "hs_heading": "8528",
      "price_range_label": null,
      "trade_type_label": null,
      "substitution_elasticity": -8.8939114,
      "buyer_imports_latest_usd": 732099700.5730041,
      "buyer_imports_avg_usd": 172878917.09834158,
      "buyer_imports_peak_usd": 732099700.5730041,
      "buyer_cagr_full_pct": 8.1768,
      "buyer_yoy_avg_pct": 24.5502,
      "buyer_yoy_latest_pct": 60.14,
      "buyer_trend_consistency_pct": 51.7241,
      "buyer_imports_proj_3y_usd": 926770713.24,
      "buyer_imports_proj_5y_usd": 1084526951.9,
      "buyer_gdp_mn_latest": 1608981.220812,
      "buyer_gdp_pc_latest": 7519,
      "buyer_population_latest": 213993.439,
      "buyer_investment_rate": 19.18,
      "buyer_savings_rate": 16.47,
      "buyer_edu_secondary": 67.76,
      "buyer_gdp_mn_2030_proj": 1681969.98,
      "buyer_gdp_pc_2030_proj": 7649.79,
      "buyer_gdp_pc_growth_pct": 1.74,
      "buyer_gdp_mn_growth_pct": 4.54,
      "buyer_pop_growth_pct": 2.75,
      "exports_latest_usd": 111.07454707871354,
      "exports_avg_usd": 91.50250428428582,
      "exports_peak_usd": 421.29449455866455,
      "share_latest_pct": 0.000045028386475470174,
      "share_avg_pct": 0.00029717846715593215,
      "share_peak_pct": 0.0017080254213934865,
      "share_change_1y_pp": -0.00000345183587904576,
      "share_trend_pp_per_yr": -0.000004,
      "cagr_full_pct": 3.1778,
      "yoy_avg_pct": 80.3598,
      "yoy_latest_pct": -10.9955,
      "trend_consistency_pct": 50,
      "exports_proj_3y_usd": 122,
      "exports_proj_5y_usd": 129.88,
      "your_share_gap_pp": 99.6622,
      "addressable_proj_3y_usd": 923639786.77,
      "addressable_proj_5y_usd": 1080863074.64,
      "peer_best_share_pct": 99.66221319773456,
      "peer_top_exporter": "CHN",
      "num_suppliers_latest": 36,
      "buyer_herfindahl_index": 9932.59,
      "distance_km": 11694.861328125,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 16.6,
      "shared_legal_system": 1,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 1.229346227841028,
      "lane_max_drawdown_pct": 90.38202010363877,
      "signal_flag": "Growing",
      "lane_data_years": 11,
      "lane_last_year": 2012,
      "rank": 979,
      "importer_name": "Brazil"
    }
  ],
  "sectors": [
    {
      "hs2": "00",
      "sector_name": "HS2 sector 00",
      "opportunity_count": 4,
      "addressable_usd": 16604169533.97,
      "market_size_usd": 22839835702.62501,
      "growth": 33.2336,
      "growthCount": 4,
      "average_growth_pct": 8.3084
    },
    {
      "hs2": "99",
      "sector_name": "HS2 sector 99",
      "opportunity_count": 1,
      "addressable_usd": 7038597263.76,
      "market_size_usd": 5364442144.540482,
      "growth": 10.2674,
      "growthCount": 1,
      "average_growth_pct": 10.2674
    },
    {
      "hs2": "84",
      "sector_name": "HS2 sector 84",
      "opportunity_count": 4,
      "addressable_usd": 6137567969.900001,
      "market_size_usd": 5905562073.130354,
      "growth": 56.65520000000001,
      "growthCount": 4,
      "average_growth_pct": 14.163800000000002
    },
    {
      "hs2": "85",
      "sector_name": "HS2 sector 85",
      "opportunity_count": 2,
      "addressable_usd": 2906986701.95,
      "market_size_usd": 2736585783.3780265,
      "growth": 22.7347,
      "growthCount": 2,
      "average_growth_pct": 11.36735
    }
  ],
  "sections": [
    "overview",
    "markets",
    "opportunities",
    "sectors",
    "faq",
    "data-source"
  ],
  "methodology": {
    "summary": "Reported trade observations and calculated indicators are shown separately. Validate buyers, tariffs, standards, logistics, pricing, and competition before acting.",
    "url": "https://www.yugalinks.com/methodology"
  },
  "faq": [
    {
      "question": "Should Kuwait focus on Latin America and Caribbean?",
      "answer": "Use the market ranking as a starting point, then check product fit, buyer requirements, route costs, tariffs, standards, and competitive conditions."
    },
    {
      "question": "What does calculated opportunity mean?",
      "answer": "It is a screening indicator built from demand and exporter-position signals. It is not a confirmed order, sales forecast, or guarantee of market entry."
    },
    {
      "question": "How should exporters use this page?",
      "answer": "Prioritize one market and product combination, then validate buyers, compliance, logistics, pricing, and continuity before making a commercial decision."
    }
  ],
  "links": {
    "home": "https://www.yugalinks.com/",
    "trade": "https://www.yugalinks.com/trade/",
    "workspace": "https://www.yugalinks.com/app/countries",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "json": "https://www.yugalinks.com/trade/playbook/KWT/region/latin-america/index.json",
    "markdown": "https://www.yugalinks.com/trade/playbook/KWT/region/latin-america/index.md",
    "jsonLd": "https://www.yugalinks.com/trade/playbook/KWT/region/latin-america/index.ld.json"
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-30",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-30"
      }
    ]
  },
  "generatedAt": "2026-08-30T12:37:29.025Z"
}