2022
Exports
$10.2MWorld Rnk 62 / 216
Flag Rnk 126 / 947
2022
PRODUCT COMPLEXITY IN Electric Motors
0.76Rnk 259 / 1025
2022
Imports
$140MWorld Rnk 51 / 226
Flag Rnk 107 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $10.2M in Electric Motors, making it the 62nd largest exporter of Electric Motors in the world. At the same year, Electric Motors was the 126th most exported product in Kuwait. The main destination of Electric Motors exports from Kuwait are: United Arab Emirates ($5.61M), Turkey ($1.2M), Iraq ($880k), Qatar ($780k), and Saudi Arabia ($623k).

The fastest growing export markets for Electric Motors of Kuwait between 2021 and 2022 were United Arab Emirates ($4.79M), Turkey ($1.09M), and Iraq ($855k).

Imports In 2022, Kuwait imported $140M in Electric Motors, becoming the 51st largest importer of Electric Motors in the world. At the same year, Electric Motors was the 107th most imported product in Kuwait. Kuwait imports Electric Motors primarily from: Saudi Arabia ($39.6M), Mexico ($17.6M), China ($12.9M), Tunisia ($9.84M), and Russia ($8.71M).

The fastest growing import markets in Electric Motors for Kuwait between 2021 and 2022 were Saudi Arabia ($33.8M), Mexico ($12.4M), and China ($9.37M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electric Motors. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10.2M
IMPORTS (2022)$140M
NET TRADE (2022)-$130M

In 2022, Kuwait exported $10.2M in Electric Motors. The main destinations of Kuwait exports on Electric Motors were United Arab Emirates ($5.61M), Turkey ($1.2M), Iraq ($880k), Qatar ($780k), and Saudi Arabia ($623k).

In 2022, Kuwait imported $140M in Electric Motors, mainly from Saudi Arabia ($39.6M), Mexico ($17.6M), China ($12.9M), Tunisia ($9.84M), and Russia ($8.71M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Motors EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Turkey$1.09M (982%)
Iraq$855k (3.46k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Motors BY Kuwait WERE (2021 - 2022):
Philippines-$752k (-100%)
Oman-$398k (-91.8%)
Colombia-$208k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Electric Motors were:
China $18.4B
Germany $8.51B
Mexico $4.62B
In 2022, Kuwait's main importing competitors in Electric Motors were:

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Trade Value of Electric Motors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $785k
TOP IMPORT POTENTIALChina+ $13.6M

Electric Motors’s highest export potential is Saudi Arabia. With an export gap of $785k.   Electric Motors’s highest import potential is China with an import gap of $13.6M.

See methodology.

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