2022
Exports
$366kWorld Rnk 82 / 209
Flag Rnk 491 / 947
2022
PRODUCT COMPLEXITY IN Padlocks
0.82Rnk 236 / 1025
2022
Imports
$28.1MWorld Rnk 68 / 223
Flag Rnk 320 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $366k in Padlocks, making it the 82nd largest exporter of Padlocks in the world. At the same year, Padlocks was the 491st most exported product in Kuwait. The main destination of Padlocks exports from Kuwait are: Saudi Arabia ($223k), United Arab Emirates ($81.4k), Qatar ($48.4k), Iraq ($4.08k), and Egypt ($2.7k).

The fastest growing export markets for Padlocks of Kuwait between 2021 and 2022 were Saudi Arabia ($219k), United Arab Emirates ($68.3k), and Qatar ($38.1k).

Imports In 2022, Kuwait imported $28.1M in Padlocks, becoming the 68th largest importer of Padlocks in the world. At the same year, Padlocks was the 320th most imported product in Kuwait. Kuwait imports Padlocks primarily from: China ($11.6M), Italy ($3.91M), Greece ($3.07M), United Kingdom ($1.09M), and United States ($1.04M).

The fastest growing import markets in Padlocks for Kuwait between 2021 and 2022 were China ($7.76M), Greece ($1.42M), and Italy ($900k).

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 Padlocks. 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)$366k
IMPORTS (2022)$28.1M
NET TRADE (2022)-$27.7M

In 2022, Kuwait exported $366k in Padlocks. The main destinations of Kuwait exports on Padlocks were Saudi Arabia ($223k), United Arab Emirates ($81.4k), Qatar ($48.4k), Iraq ($4.08k), and Egypt ($2.7k).

In 2022, Kuwait imported $28.1M in Padlocks, mainly from China ($11.6M), Italy ($3.91M), Greece ($3.07M), United Kingdom ($1.09M), and United States ($1.04M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Padlocks EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Saudi Arabia$219k (6.33k%)
Qatar$38.1k (368%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Padlocks BY Kuwait WERE (2021 - 2022):
China-$239k (-100%)
Iraq-$63.8k (-94%)
Hungary-$15.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Padlocks were:
China $5.34B
Germany $1.37B
Mexico $1.27B
In 2022, Kuwait's main importing competitors in Padlocks were:

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Trade Value of Padlocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $132k
TOP IMPORT POTENTIALChina+ $3.38M

Padlocks’s highest export potential is Saudi Arabia. With an export gap of $132k.   Padlocks’s highest import potential is China with an import gap of $3.38M.

See methodology.

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