2022
Exports
$96.3MWorld Rnk 25 / 169
Flag Rnk 32 / 947
2022
PRODUCT COMPLEXITY IN Cranes
0.76Rnk 258 / 1025
2022
Imports
$47.5MWorld Rnk 59 / 215
Flag Rnk 240 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $96.3M in Cranes, making it the 25th largest exporter of Cranes in the world. At the same year, Cranes was the 32nd most exported product in Kuwait. The main destination of Cranes exports from Kuwait are: United Arab Emirates ($33.3M), Saudi Arabia ($25.2M), India ($10.1M), Qatar ($9.47M), and Egypt ($7.21M).

The fastest growing export markets for Cranes of Kuwait between 2021 and 2022 were United Arab Emirates ($24.6M), Saudi Arabia ($20.6M), and Egypt ($6.92M).

Imports In 2022, Kuwait imported $47.5M in Cranes, becoming the 59th largest importer of Cranes in the world. At the same year, Cranes was the 240th most imported product in Kuwait. Kuwait imports Cranes primarily from: China ($28.1M), United Arab Emirates ($5.23M), Japan ($3.87M), United States ($1.79M), and Germany ($1.3M).

The fastest growing import markets in Cranes for Kuwait between 2021 and 2022 were China ($13.9M), Japan ($2.61M), and United States ($936k).

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 Cranes. 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)$96.3M
IMPORTS (2022)$47.5M
NET TRADE (2022)$48.9M

In 2022, Kuwait exported $96.3M in Cranes. The main destinations of Kuwait exports on Cranes were United Arab Emirates ($33.3M), Saudi Arabia ($25.2M), India ($10.1M), Qatar ($9.47M), and Egypt ($7.21M).

In 2022, Kuwait imported $47.5M in Cranes, mainly from China ($28.1M), United Arab Emirates ($5.23M), Japan ($3.87M), United States ($1.79M), and Germany ($1.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cranes EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Saudi Arabia$20.6M (447%)
Egypt$6.92M (2.41k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cranes BY Kuwait WERE (2021 - 2022):
Oman-$4.06M (-95.5%)
Italy-$1.73M (-100%)
Chinese Taipei-$1.38M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Cranes were:
China $4.1B
Germany $1.93B
Italy $1.28B
In 2022, Kuwait's main importing competitors in Cranes were:

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Trade Value of Cranes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $2.64M
TOP IMPORT POTENTIALGermany+ $1.13M

Cranes’s highest export potential is India. With an export gap of $2.64M.   Cranes’s highest import potential is Germany with an import gap of $1.13M.

See methodology.

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