2022
Exports
$404MWorld Rnk 49 / 222
Flag Rnk 8 / 96
2022
PRODUCT COMPLEXITY IN Chemical products n.e.s.
1.97Rnk 6 / 1025
2022
Imports
$656MWorld Rnk 57 / 226
Flag Rnk 25 / 96
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $404M in Chemical products n.e.s., making it the 49th largest exporter of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 8th most exported product in Kuwait. The main destination of Chemical products n.e.s. exports from Kuwait are: India ($239M), United States ($25.1M), United Arab Emirates ($24.1M), Chinese Taipei ($19.3M), and Japan ($12.8M).

The fastest growing export markets for Chemical products n.e.s. of Kuwait between 2021 and 2022 were India ($208M), United Arab Emirates ($17.5M), and United States ($14.6M).

Imports In 2022, Kuwait imported $656M in Chemical products n.e.s., becoming the 57th largest importer of Chemical products n.e.s. in the world. At the same year, Chemical products n.e.s. was the 25th most imported product in Kuwait. Kuwait imports Chemical products n.e.s. primarily from: United Arab Emirates ($116M), United States ($112M), Saudi Arabia ($105M), China ($86M), and France ($40.9M).

The fastest growing import markets in Chemical products n.e.s. for Kuwait between 2021 and 2022 were Saudi Arabia ($73.1M), United Arab Emirates ($70.7M), and China ($62.5M).

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 Chemical products n.e.s.. 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)$404M
IMPORTS (2022)$656M
NET TRADE (2022)-$252M

In 2022, Kuwait exported $404M in Chemical products n.e.s.. The main destinations of Kuwait exports on Chemical products n.e.s. were India ($239M), United States ($25.1M), United Arab Emirates ($24.1M), Chinese Taipei ($19.3M), and Japan ($12.8M).

In 2022, Kuwait imported $656M in Chemical products n.e.s., mainly from United Arab Emirates ($116M), United States ($112M), Saudi Arabia ($105M), China ($86M), and France ($40.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical products n.e.s. EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
India$208M (678%)
United States$14.6M (139%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical products n.e.s. BY Kuwait WERE (2021 - 2022):
South Korea-$17.9M (-79.7%)
Morocco-$2.74M (-96.2%)
China-$2.23M (-94.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Chemical products n.e.s. were:
In 2022, Kuwait's main importing competitors in Chemical products n.e.s. were:

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Trade Value of Chemical products n.e.s. by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $9.55M
TOP IMPORT POTENTIALChina+ $19.6M

Chemical products n.e.s.’s highest export potential is United States. With an export gap of $9.55M.   Chemical products n.e.s.’s highest import potential is China with an import gap of $19.6M.

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