2022
Exports
$7.99MWorld Rnk 75 / 175
Flag Rnk 148 / 947
2022
PRODUCT COMPLEXITY IN Aluminium Bars
-0.097Rnk 580 / 1025
2022
Imports
$289MWorld Rnk 21 / 218
Flag Rnk 44 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $7.99M in Aluminium Bars, making it the 75th largest exporter of Aluminium Bars in the world. At the same year, Aluminium Bars was the 148th most exported product in Kuwait. The main destination of Aluminium Bars exports from Kuwait are: Saudi Arabia ($2.96M), United Arab Emirates ($1.54M), Bahrain ($1.51M), Qatar ($701k), and China ($477k).

The fastest growing export markets for Aluminium Bars of Kuwait between 2021 and 2022 were United Arab Emirates ($1.06M), Bahrain ($781k), and Qatar ($665k).

Imports In 2022, Kuwait imported $289M in Aluminium Bars, becoming the 21st largest importer of Aluminium Bars in the world. At the same year, Aluminium Bars was the 44th most imported product in Kuwait. Kuwait imports Aluminium Bars primarily from: Saudi Arabia ($113M), United Arab Emirates ($76M), Bahrain ($56.8M), China ($17.7M), and Qatar ($7.81M).

The fastest growing import markets in Aluminium Bars for Kuwait between 2021 and 2022 were Saudi Arabia ($90.7M), Bahrain ($51.5M), and United Arab Emirates ($47.1M).

Latest Trends

Oct 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 Aluminium Bars. 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)$7.99M
IMPORTS (2022)$289M
NET TRADE (2022)-$281M

In 2022, Kuwait exported $7.99M in Aluminium Bars. The main destinations of Kuwait exports on Aluminium Bars were Saudi Arabia ($2.96M), United Arab Emirates ($1.54M), Bahrain ($1.51M), Qatar ($701k), and China ($477k).

In 2022, Kuwait imported $289M in Aluminium Bars, mainly from Saudi Arabia ($113M), United Arab Emirates ($76M), Bahrain ($56.8M), China ($17.7M), and Qatar ($7.81M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Bars EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Bahrain$781k (107%)
Qatar$665k (1.83k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Bars BY Kuwait WERE (2021 - 2022):
Oman-$32.9k (-98.2%)
Pakistan-$13.3k (-100%)
India-$7.58k (-10.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Aluminium Bars were:
China $3.88B
In 2022, Kuwait's main importing competitors in Aluminium Bars were:

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Trade Value of Aluminium Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $350k
TOP IMPORT POTENTIALChina+ $6.4M

Aluminium Bars’s highest export potential is China. With an export gap of $350k.   Aluminium Bars’s highest import potential is China with an import gap of $6.4M.

See methodology.

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