HS Icon Cars in  Flag Kuwait

2021
Exports | Imports
: $673M | $2.84B, World Rnk 40 / 218
Flag Rnk 7 / 975 | World Rnk 39 / 226
Flag Rnk 1 / 1175

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $154M | $182M, Iraq |  United States

2021
ECONOMIC COMPLEXITY of Kuwait
: 0.34, Rnk 48 / 131

2021
PRODUCT COMPLEXITY IN Cars
: 0.9, Rnk 202 / 1029

Exports In 2021, Kuwait exported $673M in Cars, making it the 40th 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: Iraq ($260M), United Arab Emirates ($136M), Saudi Arabia ($110M), Jordan ($28.7M), and Egypt ($26.1M).

The fastest growing export markets for Cars of Kuwait between 2020 and 2021 were Iraq ($154M), United Arab Emirates ($81.1M), and Egypt ($18.8M).

Imports In 2021, Kuwait imported $2.84B in Cars, becoming the 39th 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 ($969M), United States ($552M), China ($302M), Germany ($255M), and United Kingdom ($95.7M).

The fastest growing import markets in Cars for Kuwait between 2020 and 2021 were United States ($182M), China ($131M), and Germany ($51M).

Tariffs In 2018, the average tariff for Kuwait in Cars was 4.82%. The countries with the highest import tariffs for Cars were Angola (Most Favoured Nation duty rate treatment, 5%), Burundi (Most Favoured Nation duty rate treatment, 5%), Benin (Most Favoured Nation duty rate treatment, 5%), Burkina Faso (Most Favoured Nation duty rate treatment, 5%), and Botswana (Most Favoured Nation duty rate treatment, 5%).

Apr 2023

Subnational Monthly Trade

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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

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EXPORTS (2021): $673M

IMPORTS (2021): $2.84B

NET TRADE (2021): -$2.17B

In 2021, Kuwait exported $673M in Cars. The main destinations of Kuwait exports on Cars were Iraq ($260M), United Arab Emirates ($136M), Saudi Arabia ($110M), Jordan ($28.7M), and Egypt ($26.1M).

In 2021, Kuwait imported $2.84B in Cars, mainly from Japan ($969M), United States ($552M), China ($302M), Germany ($255M), and United Kingdom ($95.7M).

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Flow

THE FASTEST GROWING Cars EXPORT MARKETS FOR Kuwait WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Kuwait WERE (2020 - 2021):

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Market Concentration

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In 2021, Kuwait's main exporting competitors in Cars were:

In 2021, Kuwait's main importing competitors in Cars were:

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