2022
Exports
$13.9MWorld Rnk 66 / 226
Flag Rnk 49 / 96
2022
PRODUCT COMPLEXITY IN Tools & cutlery
1.7Rnk 24 / 1025
2022
Imports
$196MWorld Rnk 54 / 225
Flag Rnk 53 / 96
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $13.9M in Tools & cutlery, making it the 66th largest exporter of Tools & cutlery in the world. At the same year, Tools & cutlery was the 49th most exported product in Kuwait. The main destination of Tools & cutlery exports from Kuwait are: Saudi Arabia ($4.4M), United Arab Emirates ($3.15M), Qatar ($813k), Pakistan ($750k), and Iraq ($597k).

The fastest growing export markets for Tools & cutlery of Kuwait between 2021 and 2022 were Saudi Arabia ($3.76M), United Arab Emirates ($2.28M), and Pakistan ($636k).

Imports In 2022, Kuwait imported $196M in Tools & cutlery, becoming the 54th largest importer of Tools & cutlery in the world. At the same year, Tools & cutlery was the 53rd most imported product in Kuwait. Kuwait imports Tools & cutlery primarily from: China ($49.3M), United States ($37.8M), Saudi Arabia ($28.5M), Mexico ($11.6M), and United Arab Emirates ($9.87M).

The fastest growing import markets in Tools & cutlery for Kuwait between 2021 and 2022 were China ($24.8M), Saudi Arabia ($23.9M), and United States ($18.6M).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Tools & cutlery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$13.9M
IMPORTS (2022)$196M
NET TRADE (2022)-$182M

In 2022, Kuwait exported $13.9M in Tools & cutlery. The main destinations of Kuwait exports on Tools & cutlery were Saudi Arabia ($4.4M), United Arab Emirates ($3.15M), Qatar ($813k), Pakistan ($750k), and Iraq ($597k).

In 2022, Kuwait imported $196M in Tools & cutlery, mainly from China ($49.3M), United States ($37.8M), Saudi Arabia ($28.5M), Mexico ($11.6M), and United Arab Emirates ($9.87M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tools & cutlery EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Saudi Arabia$3.76M (584%)
Pakistan$636k (558%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tools & cutlery BY Kuwait WERE (2021 - 2022):
United States-$374k (-54.1%)
Belgium-$116k (-100%)
Germany-$75.9k (-31.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Kuwait's main exporting competitors in Tools & cutlery were:
In 2022, Kuwait's main importing competitors in Tools & cutlery were:

Explore Visualizations

Trade Value of Tools & cutlery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $989k
TOP IMPORT POTENTIALChina+ $10.6M

Tools & cutlery’s highest export potential is Saudi Arabia. With an export gap of $989k.   Tools & cutlery’s highest import potential is China with an import gap of $10.6M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with