2022
Exports
$1.41BWorld Rnk 34 / 210
Flag Rnk 7 / 947
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$5.12BWorld Rnk 28 / 224
Flag Rnk 1 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $1.41B in Cars, making it the 34th largest exporter of Cars in the world. At the same year, Cars was the 7th most exported product in Kuwait. The main destination of Cars exports from Kuwait are: United Arab Emirates ($427M), Saudi Arabia ($325M), Egypt ($118M), Iraq ($115M), and Jordan ($96.5M).

The fastest growing export markets for Cars of Kuwait between 2021 and 2022 were United Arab Emirates ($299M), Saudi Arabia ($215M), and Egypt ($92.7M).

Imports In 2022, Kuwait imported $5.12B in Cars, becoming the 28th largest importer of Cars in the world. At the same year, Cars was the 1st most imported product in Kuwait. Kuwait imports Cars primarily from: Japan ($1.74B), China ($1.09B), United States ($657M), Germany ($297M), and United Kingdom ($228M).

The fastest growing import markets in Cars for Kuwait between 2021 and 2022 were China ($790M), Japan ($779M), and United Kingdom ($135M).

Latest Trends

May 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 Cars. 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)$1.41B
IMPORTS (2022)$5.12B
NET TRADE (2022)-$3.7B

In 2022, Kuwait exported $1.41B in Cars. The main destinations of Kuwait exports on Cars were United Arab Emirates ($427M), Saudi Arabia ($325M), Egypt ($118M), Iraq ($115M), and Jordan ($96.5M).

In 2022, Kuwait imported $5.12B in Cars, mainly from Japan ($1.74B), China ($1.09B), United States ($657M), Germany ($297M), and United Kingdom ($228M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Saudi Arabia$215M (195%)
Egypt$92.7M (370%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Kuwait WERE (2021 - 2022):
Iraq-$145M (-55.8%)
Sudan-$5.73M (-71.8%)
Yemen-$5.37M (-50.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $109M
TOP IMPORT POTENTIALGermany+ $146M

Cars’s highest export potential is Saudi Arabia. With an export gap of $109M.   Cars’s highest import potential is Germany with an import gap of $146M.

See methodology.

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