2022
Exports
$5.58MWorld Rnk 52 / 148
Flag Rnk 178 / 947
2022
PRODUCT COMPLEXITY IN Butter
0.015Rnk 543 / 1025
2022
Imports
$81.4MWorld Rnk 31 / 220
Flag Rnk 161 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $5.58M in Butter, making it the 52nd largest exporter of Butter in the world. At the same year, Butter was the 178th most exported product in Kuwait. The main destination of Butter exports from Kuwait are: Iraq ($3.72M), Saudi Arabia ($1.25M), Jordan ($376k), Oman ($193k), and United Arab Emirates ($27.1k).

The fastest growing export markets for Butter of Kuwait between 2021 and 2022 were Iraq ($2.9M), Saudi Arabia ($1.13M), and Jordan ($332k).

Imports In 2022, Kuwait imported $81.4M in Butter, becoming the 31st largest importer of Butter in the world. At the same year, Butter was the 161st most imported product in Kuwait. Kuwait imports Butter primarily from: New Zealand ($28.6M), Saudi Arabia ($19.6M), Belgium ($6.63M), Australia ($5.77M), and France ($5.22M).

The fastest growing import markets in Butter for Kuwait between 2021 and 2022 were New Zealand ($17.7M), Saudi Arabia ($14.2M), and Belgium ($4.67M).

Latest Trends

Nov 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 Butter. 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)$5.58M
IMPORTS (2022)$81.4M
NET TRADE (2022)-$75.9M

In 2022, Kuwait exported $5.58M in Butter. The main destinations of Kuwait exports on Butter were Iraq ($3.72M), Saudi Arabia ($1.25M), Jordan ($376k), Oman ($193k), and United Arab Emirates ($27.1k).

In 2022, Kuwait imported $81.4M in Butter, mainly from New Zealand ($28.6M), Saudi Arabia ($19.6M), Belgium ($6.63M), Australia ($5.77M), and France ($5.22M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Iraq$2.9M (358%)
Saudi Arabia$1.13M (941%)
Jordan$332k (770%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY Kuwait WERE (2021 - 2022):Qatar-$4.94k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Butter were:
In 2022, Kuwait's main importing competitors in Butter were:

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Trade Value of Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $800k
TOP IMPORT POTENTIALNetherlands+ $2.03M

Butter’s highest export potential is Saudi Arabia. With an export gap of $800k.   Butter’s highest import potential is Netherlands with an import gap of $2.03M.

See methodology.

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