2022
Exports
$678kWorld Rnk 55 / 126
Flag Rnk 407 / 947
2022
PRODUCT COMPLEXITY IN Casting Machines
0.63Rnk 304 / 1025
2022
Imports
$1.64MWorld Rnk 87 / 183
Flag Rnk 779 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $678k in Casting Machines, making it the 55th largest exporter of Casting Machines in the world. At the same year, Casting Machines was the 407th most exported product in Kuwait. The main destination of Casting Machines exports from Kuwait are: Turkey ($623k), Iraq ($51.2k), Egypt ($2.16k), Oman ($1.13k), and United Arab Emirates ($351).

The fastest growing export markets for Casting Machines of Kuwait between N/A and 2022 were Turkey ($623k), Iraq ($51.2k), and Egypt ($2.16k).

Imports In 2022, Kuwait imported $1.64M in Casting Machines, becoming the 87th largest importer of Casting Machines in the world. At the same year, Casting Machines was the 779th most imported product in Kuwait. Kuwait imports Casting Machines primarily from: China ($520k), United Arab Emirates ($330k), Italy ($223k), India ($206k), and Sweden ($70.2k).

The fastest growing import markets in Casting Machines for Kuwait between 2021 and 2022 were China ($428k), United Arab Emirates ($268k), and India ($110k).

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 Casting Machines. 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)$678k
IMPORTS (2022)$1.64M
NET TRADE (2022)-$958k

In 2022, Kuwait exported $678k in Casting Machines. The main destinations of Kuwait exports on Casting Machines were Turkey ($623k), Iraq ($51.2k), Egypt ($2.16k), Oman ($1.13k), and United Arab Emirates ($351).

In 2022, Kuwait imported $1.64M in Casting Machines, mainly from China ($520k), United Arab Emirates ($330k), Italy ($223k), India ($206k), and Sweden ($70.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Casting Machines EXPORT MARKETS FOR Kuwait WERE (N/A - 2022):
Turkey$623k (1%)
Iraq$51.2k (1%)
Egypt$2.16k (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Casting Machines were:
China $862M
Italy $360M
Japan $267M
In 2022, Kuwait's main importing competitors in Casting Machines were:

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Trade Value of Casting Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIraq+ $26.1k
TOP IMPORT POTENTIALChina+ $260k

Casting Machines’s highest export potential is Iraq. With an export gap of $26.1k.   Casting Machines’s highest import potential is China with an import gap of $260k.

See methodology.

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