2018
Exports
$159MWorld Rnk 24 / 166
Flag Rnk 18 / 947
2022
PRODUCT COMPLEXITY IN Concentrated Milk
-0.77Rnk 774 / 1025
2018
Imports
$630MWorld Rnk 12 / 224
Flag Rnk 16 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2018, Kuwait exported $159M in Concentrated Milk, making it the 24th largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 18th most exported product in Kuwait. The main destination of Concentrated Milk exports from Kuwait are: Iraq ($96.7M), Saudi Arabia ($43.9M), Jordan ($8.01M), Qatar ($3.78M), and United Arab Emirates ($3.12M).

The fastest growing export markets for Concentrated Milk of Kuwait between 2021 and 2022 were Iraq ($77.5M), Saudi Arabia ($34.4M), and Qatar ($1.99M).

Imports In 2022, Kuwait imported $630M in Concentrated Milk, becoming the 12th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 16th most imported product in Kuwait. Kuwait imports Concentrated Milk primarily from: Australia ($173M), Saudi Arabia ($169M), Netherlands ($157M), New Zealand ($53.3M), and United Arab Emirates ($25.8M).

The fastest growing import markets in Concentrated Milk for Kuwait between 2021 and 2022 were Australia ($146M), Netherlands ($121M), and Saudi Arabia ($113M).

Latest Trends

Sep 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 Concentrated Milk. 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)$159M
IMPORTS (2022)$630M
NET TRADE (2022)-$471M

In 2022, Kuwait exported $159M in Concentrated Milk. The main destinations of Kuwait exports on Concentrated Milk were Iraq ($96.7M), Saudi Arabia ($43.9M), Jordan ($8.01M), Qatar ($3.78M), and United Arab Emirates ($3.12M).

In 2022, Kuwait imported $630M in Concentrated Milk, mainly from Australia ($173M), Saudi Arabia ($169M), Netherlands ($157M), New Zealand ($53.3M), and United Arab Emirates ($25.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Iraq$77.5M (404%)
Saudi Arabia$34.4M (362%)
Qatar$1.99M (111%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY Kuwait WERE (2021 - 2022):
Jordan-$3.72M (-31.7%)
Oman-$807k (-71.2%)
Lebanon-$9.92k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Concentrated Milk were:
In 2022, Kuwait's main importing competitors in Concentrated Milk were:
China $3.96B
Algeria $1.62B
Mexico $1.37B

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $4.08M
TOP IMPORT POTENTIALGermany+ $4.64M

Concentrated Milk’s highest export potential is Saudi Arabia. With an export gap of $4.08M.   Concentrated Milk’s highest import potential is Germany with an import gap of $4.64M.

See methodology.

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