2023
Exports
$37.6MWorld Rnk 35 / 166
Flag Rnk 30 / 991
2023
PRODUCT COMPLEXITY IN Cranes
0.61Rnk 326 / 1025
2023
Imports
$42.3MWorld Rnk 61 / 218
Flag Rnk 183 / 1168
2023
ECONOMIC COMPLEXITY of Kuwait
0.21Rnk 53 / 132

About

Exports In 2023, Kuwait exported $37.6M in Cranes, making it the 35th largest exporter of Cranes in the world. At the same year, Cranes was the 30th most exported product in Kuwait. The main destination of Cranes exports from Kuwait are: Saudi Arabia ($20.3M), Qatar ($6.94M), Bahrain ($3.39M), United Arab Emirates ($2.99M), and Vietnam ($2.53M).

The fastest growing export markets for Cranes of Kuwait between 2022 and 2023 were Saudi Arabia ($12.5M), Qatar ($4.06M), and Bahrain ($3.38M).

Imports In 2023, Kuwait imported $42.3M in Cranes, becoming the 61st largest importer of Cranes in the world. At the same year, Cranes was the 183rd most imported product in Kuwait. Kuwait imports Cranes primarily from: China ($13.7M), Saudi Arabia ($8.13M), Japan ($5.61M), Germany ($4.58M), and Austria ($2.35M).

The fastest growing import markets in Cranes for Kuwait between 2022 and 2023 were Saudi Arabia ($7.62M), Japan ($4.39M), and Germany ($4.14M).

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$37.6M
IMPORTS (2023)$42.3M
NET TRADE (2023)-$4.66M

In 2023, Kuwait exported $37.6M in Cranes. The main destinations of Kuwait exports on Cranes were Saudi Arabia ($20.3M), Qatar ($6.94M), Bahrain ($3.39M), United Arab Emirates ($2.99M), and Vietnam ($2.53M).

In 2023, Kuwait imported $42.3M in Cranes, mainly from China ($13.7M), Saudi Arabia ($8.13M), Japan ($5.61M), Germany ($4.58M), and Austria ($2.35M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cranes EXPORT MARKETS FOR Kuwait WERE (2022 - 2023):
Saudi Arabia$12.5M (162%)
Qatar$4.06M (141%)
Bahrain$3.38M (130k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cranes BY Kuwait WERE (2022 - 2023):
United Arab Emirates-$7.21M (-70.6%)
Iran-$4.43M (-94%)
India-$4.02M (-82.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Kuwait's main exporting competitors in Cranes were:
China $4.99B
Germany $2.67B
Japan $1.4B
In 2023, Kuwait's main importing competitors in Cranes were:

Explore Visualizations

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with