2022
Exports
$2.99MWorld Rnk 84 / 165
Flag Rnk 236 / 947
2022
PRODUCT COMPLEXITY IN Coated Flat-Rolled Iron
0.04Rnk 538 / 1025
2022
Imports
$284MWorld Rnk 54 / 218
Flag Rnk 48 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $2.99M in Coated Flat-Rolled Iron, making it the 84th largest exporter of Coated Flat-Rolled Iron in the world. At the same year, Coated Flat-Rolled Iron was the 236th most exported product in Kuwait. The main destination of Coated Flat-Rolled Iron exports from Kuwait are: Saudi Arabia ($1.79M), United Arab Emirates ($761k), Jordan ($233k), Pakistan ($108k), and India ($94.6k).

The fastest growing export markets for Coated Flat-Rolled Iron of Kuwait between 2021 and 2022 were Saudi Arabia ($1.42M), United Arab Emirates ($606k), and Jordan ($233k).

Imports In 2022, Kuwait imported $284M in Coated Flat-Rolled Iron, becoming the 54th largest importer of Coated Flat-Rolled Iron in the world. At the same year, Coated Flat-Rolled Iron was the 48th most imported product in Kuwait. Kuwait imports Coated Flat-Rolled Iron primarily from: United Arab Emirates ($159M), China ($47.3M), Saudi Arabia ($35.3M), South Korea ($21.5M), and Japan ($5.01M).

The fastest growing import markets in Coated Flat-Rolled Iron for Kuwait between 2021 and 2022 were United Arab Emirates ($126M), Saudi Arabia ($21.2M), and Spain ($3.39M).

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 Coated Flat-Rolled Iron. 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)$2.99M
IMPORTS (2022)$284M
NET TRADE (2022)-$281M

In 2022, Kuwait exported $2.99M in Coated Flat-Rolled Iron. The main destinations of Kuwait exports on Coated Flat-Rolled Iron were Saudi Arabia ($1.79M), United Arab Emirates ($761k), Jordan ($233k), Pakistan ($108k), and India ($94.6k).

In 2022, Kuwait imported $284M in Coated Flat-Rolled Iron, mainly from United Arab Emirates ($159M), China ($47.3M), Saudi Arabia ($35.3M), South Korea ($21.5M), and Japan ($5.01M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coated Flat-Rolled Iron EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Saudi Arabia$1.42M (387%)
Jordan$233k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coated Flat-Rolled Iron BY Kuwait WERE (2021 - 2022):Qatar-$58.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Coated Flat-Rolled Iron were:
In 2022, Kuwait's main importing competitors in Coated Flat-Rolled Iron were:

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Trade Value of Coated Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $935k
TOP IMPORT POTENTIALChina+ $16.7M

Coated Flat-Rolled Iron’s highest export potential is Saudi Arabia. With an export gap of $935k.   Coated Flat-Rolled Iron’s highest import potential is China with an import gap of $16.7M.

See methodology.

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