2022
Exports
$430kWorld Rnk 55 / 155
Flag Rnk 471 / 947
2022
PRODUCT COMPLEXITY IN Safes
0.76Rnk 261 / 1025
2022
Imports
$7.17MWorld Rnk 33 / 216
Flag Rnk 540 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $430k in Safes, making it the 55th largest exporter of Safes in the world. At the same year, Safes was the 471st most exported product in Kuwait. The main destination of Safes exports from Kuwait are: Saudi Arabia ($292k), United Arab Emirates ($118k), Lebanon ($16.7k), and Iraq ($3.71k).

The fastest growing export markets for Safes of Kuwait between 2021 and 2022 were Saudi Arabia ($277k), United Arab Emirates ($118k), and Iraq ($3.71k).

Imports In 2022, Kuwait imported $7.17M in Safes, becoming the 33rd largest importer of Safes in the world. At the same year, Safes was the 540th most imported product in Kuwait. Kuwait imports Safes primarily from: China ($3.71M), South Korea ($1.06M), Italy ($525k), France ($297k), and Indonesia ($291k).

The fastest growing import markets in Safes for Kuwait between 2021 and 2022 were China ($1.47M), France ($290k), and South Korea ($275k).

Latest Trends

Sep 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 Safes. 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)$430k
IMPORTS (2022)$7.17M
NET TRADE (2022)-$6.74M

In 2022, Kuwait exported $430k in Safes. The main destinations of Kuwait exports on Safes were Saudi Arabia ($292k), United Arab Emirates ($118k), Lebanon ($16.7k), and Iraq ($3.71k).

In 2022, Kuwait imported $7.17M in Safes, mainly from China ($3.71M), South Korea ($1.06M), Italy ($525k), France ($297k), and Indonesia ($291k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Safes EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Saudi Arabia$277k (1.84k%)
Iraq$3.71k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Safes BY Kuwait WERE (2021 - 2022):
Lebanon-$23.5k (-58.4%)
Qatar-$7.93k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Safes were:
In 2022, Kuwait's main importing competitors in Safes were:

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Trade Value of Safes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $24.6k
TOP IMPORT POTENTIALChina+ $468k

Safes’s highest export potential is Saudi Arabia. With an export gap of $24.6k.   Safes’s highest import potential is China with an import gap of $468k.

See methodology.

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