2022
Exports
$1.52MWorld Rnk 70 / 219
Flag Rnk 310 / 947
2022
PRODUCT COMPLEXITY IN Ball Bearings
1.2Rnk 104 / 1025
2022
Imports
$20.1MWorld Rnk 76 / 220
Flag Rnk 376 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $1.52M in Ball Bearings, making it the 70th largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 310th most exported product in Kuwait. The main destination of Ball Bearings exports from Kuwait are: United Arab Emirates ($592k), Saudi Arabia ($452k), Qatar ($154k), Indonesia ($140k), and India ($64.2k).

The fastest growing export markets for Ball Bearings of Kuwait between 2021 and 2022 were Saudi Arabia ($443k), United Arab Emirates ($378k), and Qatar ($153k).

Imports In 2022, Kuwait imported $20.1M in Ball Bearings, becoming the 76th largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 376th most imported product in Kuwait. Kuwait imports Ball Bearings primarily from: N/A.

The fastest growing import markets in Ball Bearings for Kuwait between 2021 and 2022 were United States ($1.98M), China ($881k), and Singapore ($580k).

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 Ball Bearings. 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)$1.52M
IMPORTS (2022)$20.1M
NET TRADE (2022)-$18.6M

In 2022, Kuwait exported $1.52M in Ball Bearings. The main destinations of Kuwait exports on Ball Bearings were United Arab Emirates ($592k), Saudi Arabia ($452k), Qatar ($154k), Indonesia ($140k), and India ($64.2k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Saudi Arabia$443k (4.6k%)
Qatar$153k (10.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Kuwait WERE (2021 - 2022):
Singapore-$21.8k (-100%)
Romania-$6.27k (-100%)
Brazil-$5.65k (-100%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Ball Bearings were:
China $7.18B
Germany $5.05B
Japan $4.49B
In 2022, Kuwait's main importing competitors in Ball Bearings were:

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Trade Value of Ball Bearings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $224k
TOP IMPORT POTENTIALChina+ $1.25M

Ball Bearings’s highest export potential is Saudi Arabia. With an export gap of $224k.   Ball Bearings’s highest import potential is China with an import gap of $1.25M.

See methodology.

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