2022
Exports
$52.4MWorld Rnk 37 / 187
Flag Rnk 50 / 947
2022
PRODUCT COMPLEXITY IN Iron Pipes
-0.034Rnk 558 / 1025
2022
Imports
$1.01BWorld Rnk 5 / 221
Flag Rnk 7 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $52.4M in Iron Pipes, making it the 37th largest exporter of Iron Pipes in the world. At the same year, Iron Pipes was the 50th most exported product in Kuwait. The main destination of Iron Pipes exports from Kuwait are: India ($36.8M), Saudi Arabia ($6.19M), United Arab Emirates ($2.23M), Pakistan ($2.07M), and Egypt ($1.28M).

The fastest growing export markets for Iron Pipes of Kuwait between 2021 and 2022 were India ($21.8M), Saudi Arabia ($6.02M), and United Arab Emirates ($1.47M).

Imports In 2022, Kuwait imported $1.01B in Iron Pipes, becoming the 5th largest importer of Iron Pipes in the world. At the same year, Iron Pipes was the 7th most imported product in Kuwait. Kuwait imports Iron Pipes primarily from: China ($598M), Russia ($124M), Italy ($89.9M), Saudi Arabia ($76.9M), and Argentina ($34.4M).

The fastest growing import markets in Iron Pipes for Kuwait between 2021 and 2022 were China ($500M), Russia ($115M), and Italy ($76.8M).

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 Iron Pipes. 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)$52.4M
IMPORTS (2022)$1.01B
NET TRADE (2022)-$962M

In 2022, Kuwait exported $52.4M in Iron Pipes. The main destinations of Kuwait exports on Iron Pipes were India ($36.8M), Saudi Arabia ($6.19M), United Arab Emirates ($2.23M), Pakistan ($2.07M), and Egypt ($1.28M).

In 2022, Kuwait imported $1.01B in Iron Pipes, mainly from China ($598M), Russia ($124M), Italy ($89.9M), Saudi Arabia ($76.9M), and Argentina ($34.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Pipes EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
India$21.8M (145%)
Saudi Arabia$6.02M (3.54k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Pipes BY Kuwait WERE (2021 - 2022):
Qatar-$298k (-95.3%)
Malaysia-$33.2k (-100%)
Netherlands-$15.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Kuwait's main exporting competitors in Iron Pipes were:
China $8.49B
Japan $2.88B
Germany $2.46B
In 2022, Kuwait's main importing competitors in Iron Pipes were:

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Trade Value of Iron Pipes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $3.39M
TOP IMPORT POTENTIALIndia+ $8.96M

Iron Pipes’s highest export potential is Saudi Arabia. With an export gap of $3.39M.   Iron Pipes’s highest import potential is India with an import gap of $8.96M.

See methodology.

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