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2022
Exports $10.1kWorld Rnk 94 / 131
Flag Rnk 816 / 947
2022
Destination $10.1k Saudi Arabia
2021 - 2022
FASTEST GROWING MARKET $10.1kSaudi Arabia
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt-0.98Rnk 835 / 1025
2022
Imports $5.83MWorld Rnk 26 / 189
Flag Rnk 579 / 1175
2022
Origin $2.92M United Arab Emirates
2021 - 2022
FASTEST GROWING ORIGIN $2.92MUnited Arab Emirates
2022
ECONOMIC COMPLEXITY of Kuwait0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $10.1k in Bitumen and asphalt, making it the 94th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 816th most exported product in Kuwait. The main destination of Bitumen and asphalt exports from Kuwait are: Saudi Arabia ($10.1k).

The fastest growing export markets for Bitumen and asphalt of Kuwait between 2021 and 2022 were Saudi Arabia ($10.1k).

Imports In 2022, Kuwait imported $5.83M in Bitumen and asphalt, becoming the 26th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 579th most imported product in Kuwait. Kuwait imports Bitumen and asphalt primarily from: United Arab Emirates ($4.44M), India ($668k), China ($305k), United States ($265k), and Argentina ($156k).

The fastest growing import markets in Bitumen and asphalt for Kuwait between 2021 and 2022 were United Arab Emirates ($2.92M), India ($426k), and China ($160k).

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 Bitumen and asphalt. 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)$10.1k
IMPORTS (2022)$5.83M
NET TRADE (2022)-$5.82M

In 2022, Kuwait exported $10.1k in Bitumen and asphalt. The main destinations of Kuwait exports on Bitumen and asphalt were Saudi Arabia ($10.1k).

In 2022, Kuwait imported $5.83M in Bitumen and asphalt, mainly from United Arab Emirates ($4.44M), India ($668k), China ($305k), United States ($265k), and Argentina ($156k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):Saudi Arabia$10.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Kuwait WERE (2021 - 2022):
Pakistan-$33.8k (-100%)
Thailand-$54 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Bitumen and asphalt were:
Turkey $261M
United States $166M
Spain $70.6M
In 2022, Kuwait's main importing competitors in Bitumen and asphalt were:
Egypt $206M
France $155M
Canada $78.2M

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALEgypt+ $905
TOP IMPORT POTENTIALUnited States+ $90.2k

Bitumen and asphalt’s highest export potential is Egypt. With an export gap of $905.   Bitumen and asphalt’s highest import potential is United States with an import gap of $90.2k.

See methodology.

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