2022
Exports
$114MWorld Rnk 61 / 206
Flag Rnk 22 / 96
2022
PRODUCT COMPLEXITY IN Preparations of fish, crustacenas, & molluscs
0.15Rnk 503 / 1025
2022
Imports
$495MWorld Rnk 27 / 226
Flag Rnk 32 / 96
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $114M in Preparations of fish, crustacenas, & molluscs, making it the 61st largest exporter of Preparations of fish, crustacenas, & molluscs in the world. At the same year, Preparations of fish, crustacenas, & molluscs was the 22nd most exported product in Kuwait. The main destination of Preparations of fish, crustacenas, & molluscs exports from Kuwait are: Saudi Arabia ($56.3M), Qatar ($36.3M), United Arab Emirates ($8.28M), Bahrain ($5.44M), and Oman ($2.71M).

The fastest growing export markets for Preparations of fish, crustacenas, & molluscs of Kuwait between 2021 and 2022 were Saudi Arabia ($34.4M), Qatar ($31.6M), and Bahrain ($3.25M).

Imports In 2022, Kuwait imported $495M in Preparations of fish, crustacenas, & molluscs, becoming the 27th largest importer of Preparations of fish, crustacenas, & molluscs in the world. At the same year, Preparations of fish, crustacenas, & molluscs was the 32nd most imported product in Kuwait. Kuwait imports Preparations of fish, crustacenas, & molluscs primarily from: United Arab Emirates ($311M), Saudi Arabia ($78.2M), Thailand ($19.5M), Jordan ($14.3M), and Egypt ($9.62M).

The fastest growing import markets in Preparations of fish, crustacenas, & molluscs for Kuwait between 2021 and 2022 were United Arab Emirates ($233M), Saudi Arabia ($56.7M), and Jordan ($9.38M).

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 Preparations of fish, crustacenas, & molluscs. 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)$114M
IMPORTS (2022)$495M
NET TRADE (2022)-$381M

In 2022, Kuwait exported $114M in Preparations of fish, crustacenas, & molluscs. The main destinations of Kuwait exports on Preparations of fish, crustacenas, & molluscs were Saudi Arabia ($56.3M), Qatar ($36.3M), United Arab Emirates ($8.28M), Bahrain ($5.44M), and Oman ($2.71M).

In 2022, Kuwait imported $495M in Preparations of fish, crustacenas, & molluscs, mainly from United Arab Emirates ($311M), Saudi Arabia ($78.2M), Thailand ($19.5M), Jordan ($14.3M), and Egypt ($9.62M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Preparations of fish, crustacenas, & molluscs EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Saudi Arabia$34.4M (157%)
Qatar$31.6M (675%)
Bahrain$3.25M (149%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Preparations of fish, crustacenas, & molluscs BY Kuwait WERE (2021 - 2022):
Jordan-$4.34M (-74.2%)
Thailand-$87.2k (-100%)
United States-$30k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Preparations of fish, crustacenas, & molluscs were:
China $10.1B
Germany $3.64B
In 2022, Kuwait's main importing competitors in Preparations of fish, crustacenas, & molluscs were:

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Trade Value of Preparations of fish, crustacenas, & molluscs by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIraq+ $1.03M
TOP IMPORT POTENTIALBrazil+ $3.16M

Preparations of fish, crustacenas, & molluscs’s highest export potential is Iraq. With an export gap of $1.03M.   Preparations of fish, crustacenas, & molluscs’s highest import potential is Brazil with an import gap of $3.16M.

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