2022
Exports
$242MWorld Rnk 58 / 225
Flag Rnk 16 / 96
falsefalse Saudi Arabia
2022
PRODUCT COMPLEXITY IN Furniture, bedding, lamps, & prefab buildings
0.86Rnk 222 / 1025
2022
Imports
$1.02BWorld Rnk 47 / 225
Flag Rnk 17 / 96
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $242M in Furniture, bedding, lamps, & prefab buildings, making it the 58th largest exporter of Furniture, bedding, lamps, & prefab buildings in the world. At the same year, Furniture, bedding, lamps, & prefab buildings was the 16th most exported product in Kuwait. The main destination of Furniture, bedding, lamps, & prefab buildings exports from Kuwait are: Saudi Arabia ($137M), Qatar ($53.6M), Yemen ($14M), Iraq ($13.1M), and United Arab Emirates ($4.8M).

The fastest growing export markets for Furniture, bedding, lamps, & prefab buildings of Kuwait between 2021 and 2022 were Saudi Arabia ($120M), Qatar ($30.6M), and Yemen ($10.7M).

Imports In 2022, Kuwait imported $1.02B in Furniture, bedding, lamps, & prefab buildings, becoming the 47th largest importer of Furniture, bedding, lamps, & prefab buildings in the world. At the same year, Furniture, bedding, lamps, & prefab buildings was the 17th most imported product in Kuwait. Kuwait imports Furniture, bedding, lamps, & prefab buildings primarily from: China ($428M), United Arab Emirates ($90.3M), Italy ($80.8M), Turkey ($44.2M), and United States ($42.8M).

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 Furniture, bedding, lamps, & prefab buildings. 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)$242M
IMPORTS (2022)$1.02B
NET TRADE (2022)-$779M

In 2022, Kuwait exported $242M in Furniture, bedding, lamps, & prefab buildings. The main destinations of Kuwait exports on Furniture, bedding, lamps, & prefab buildings were Saudi Arabia ($137M), Qatar ($53.6M), Yemen ($14M), Iraq ($13.1M), and United Arab Emirates ($4.8M).

In 2022, Kuwait imported $1.02B in Furniture, bedding, lamps, & prefab buildings, mainly from China ($428M), United Arab Emirates ($90.3M), Italy ($80.8M), Turkey ($44.2M), and United States ($42.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Furniture, bedding, lamps, & prefab buildings EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Saudi Arabia$120M (709%)
Qatar$30.6M (133%)
Yemen$10.7M (330%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Furniture, bedding, lamps, & prefab buildings BY Kuwait WERE (2021 - 2022):
Djibouti-$1.13M (-46.8%)
United States-$411k (-88.9%)
Germany-$381k (-61.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Furniture, bedding, lamps, & prefab buildings were:
China $124B
Germany $17.6B
Poland $16.5B
In 2022, Kuwait's main importing competitors in Furniture, bedding, lamps, & prefab buildings were:

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Trade Value of Furniture, bedding, lamps, & prefab buildings by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIraq+ $4.63M
TOP IMPORT POTENTIALChina+ $79.8M

Furniture, bedding, lamps, & prefab buildings’s highest export potential is Iraq. With an export gap of $4.63M.   Furniture, bedding, lamps, & prefab buildings’s highest import potential is China with an import gap of $79.8M.

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