2023
Exports
$492MWorld Rnk 39 / 210
Flag Rnk 9 / 991
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$4.79BWorld Rnk 31 / 225
Flag Rnk 1 / 1168
2023
ECONOMIC COMPLEXITY of Kuwait
0.21Rnk 53 / 132

About

Exports In 2023, Kuwait exported $492M in Cars, making it the 39th largest exporter of Cars in the world. At the same year, Cars was the 9th most exported product in Kuwait. The main destination of Cars exports from Kuwait are: United Arab Emirates ($123M), Iraq ($118M), Saudi Arabia ($105M), Egypt ($60.6M), and Jordan ($29.2M).

Imports In 2023, Kuwait imported $4.79B in Cars, becoming the 31st 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 ($1.59B), United States ($665M), China ($644M), Slovakia ($313M), and Germany ($282M).

The fastest growing import markets in Cars for Kuwait between 2022 and 2023 were Japan ($383M), Slovakia ($161M), and China ($121M).

Latest Trends

Dec 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 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 (2023)$492M
IMPORTS (2023)$4.79B
NET TRADE (2023)-$4.3B

In 2023, Kuwait exported $492M in Cars. The main destinations of Kuwait exports on Cars were United Arab Emirates ($123M), Iraq ($118M), Saudi Arabia ($105M), Egypt ($60.6M), and Jordan ($29.2M).

In 2023, Kuwait imported $4.79B in Cars, mainly from Japan ($1.59B), United States ($665M), China ($644M), Slovakia ($313M), and Germany ($282M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Kuwait's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, 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
N/AN/AN/A

Cars’s highest export potential is Saudi Arabia. With an export gap of $109M.   Cars’s highest import potential is N/A with an import gap of N/A.

See methodology.

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