2022
Exports
$98.3kWorld Rnk 64 / 116
Flag Rnk 629 / 947
2022
PRODUCT COMPLEXITY IN Magnesium Carbonate
-0.46Rnk 685 / 1025
2022
Imports
$1.12MWorld Rnk 75 / 172
Flag Rnk 834 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $98.3k in Magnesium Carbonate, making it the 64th largest exporter of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 629th most exported product in Kuwait. The main destination of Magnesium Carbonate exports from Kuwait are: United Arab Emirates ($37.8k), Qatar ($37.1k), and Saudi Arabia ($23.4k).

The fastest growing export markets for Magnesium Carbonate of Kuwait between 2021 and 2022 were Qatar ($37.1k), United Arab Emirates ($35.1k), and Saudi Arabia ($19.2k).

Imports In 2022, Kuwait imported $1.12M in Magnesium Carbonate, becoming the 75th largest importer of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 834th most imported product in Kuwait. Kuwait imports Magnesium Carbonate primarily from: China ($379k), Canada ($236k), India ($134k), United Arab Emirates ($90.1k), and Tanzania ($89.7k).

The fastest growing import markets in Magnesium Carbonate for Kuwait between 2021 and 2022 were Canada ($227k), India ($99k), and Tanzania ($89.7k).

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 Magnesium Carbonate. 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)$98.3k
IMPORTS (2022)$1.12M
NET TRADE (2022)-$1.03M

In 2022, Kuwait exported $98.3k in Magnesium Carbonate. The main destinations of Kuwait exports on Magnesium Carbonate were United Arab Emirates ($37.8k), Qatar ($37.1k), and Saudi Arabia ($23.4k).

In 2022, Kuwait imported $1.12M in Magnesium Carbonate, mainly from China ($379k), Canada ($236k), India ($134k), United Arab Emirates ($90.1k), and Tanzania ($89.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium Carbonate EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Qatar$37.1k (1%)
United Arab Emirates$35.1k (1.26k%)
Saudi Arabia$19.2k (457%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium Carbonate BY Kuwait WERE (2021 - 2022):Oman-$1.66k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Magnesium Carbonate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $13.8k
TOP IMPORT POTENTIALChina+ $272k

Magnesium Carbonate’s highest export potential is Saudi Arabia. With an export gap of $13.8k.   Magnesium Carbonate’s highest import potential is China with an import gap of $272k.

See methodology.

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