HS Icon Distilling or rectifying plant in  Flag Kuwait

2019
Exports | Imports
: $146k | $13.8M, World Rnk 57 / 103
Flag Rnk 973 / 2901 | World Rnk 21 / 186
Flag Rnk 440 / 4278

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $145k | $8.54M, United Arab Emirates |  China

2019
ECONOMIC COMPLEXITY of Kuwait
: 0.19, Rnk 59 / 147

2019
PRODUCT COMPLEXITY  IN Distilling or rectifying plant
: 0.9, Rnk 565 / 2764

Exports In 2019, Kuwait exported $146k in Distilling or rectifying plant, making it the 57th largest exporter of Distilling or rectifying plant in the world. At the same year, Distilling or rectifying plant was the 973rd most exported product in Kuwait. The main destination of Distilling or rectifying plant exports from Kuwait are: United Arab Emirates ($145k) and Qatar ($1.83k).

The fastest growing export markets for Distilling or rectifying plant of Kuwait between 2018 and 2019 were United Arab Emirates ($145k) and Qatar ($1.58k).

Imports In 2019, Kuwait imported $13.8M in Distilling or rectifying plant, becoming the 21st largest importer of Distilling or rectifying plant in the world. At the same year, Distilling or rectifying plant was the 440th most imported product in Kuwait. Kuwait imports Distilling or rectifying plant primarily from: China ($8.85M), United Arab Emirates ($4.1M), India ($310k), United States ($299k), and Canada ($52.2k).

The fastest growing import markets in Distilling or rectifying plant for Kuwait between 2018 and 2019 were China ($8.54M), Bahrain ($13.7k), and Turkey ($8.01k).

Tariffs In 2018, the average tariff for Kuwait in Distilling or rectifying plant was 4.5%. The countries with the highest import tariffs for Distilling or rectifying plant were Angola (Most Favoured Nation duty rate treatement, 5%), Burundi (Most Favoured Nation duty rate treatement, 5%), Benin (Most Favoured Nation duty rate treatement, 5%), Burkina Faso (Most Favoured Nation duty rate treatement, 5%), and Botswana (Most Favoured Nation duty rate treatement, 5%).

Historical Data

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EXPORTS (2019): $146k

IMPORTS (2019): $13.8M

NET TRADE (2019): -$13.6M

In 2019, Kuwait exported $146k in Distilling or rectifying plant. The main destinations of Kuwait exports on Distilling or rectifying plant were United Arab Emirates ($145k) and Qatar ($1.83k).

In 2019, Kuwait imported $13.8M in Distilling or rectifying plant, mainly from China ($8.85M), United Arab Emirates ($4.1M), India ($310k), United States ($299k), and Canada ($52.2k).

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IN 2019, Kuwait HAD A NEGATIVE NET TRADE IN Distilling or rectifying plant WITH:: United Arab Emirates , -$3.96M ($145k - $4.1M)

Flow

THE FASTEST GROWING Distilling or rectifying plant EXPORT MARKETS FOR Kuwait WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Distilling or rectifying plant BY Kuwait WERE (2018 - 2019):: Netherlands, -$2.3k (-100%)

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Market Concentration

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In 2019, Kuwait's main exporting competitors in Distilling or rectifying plant were:

In 2019, Kuwait's main importing competitors in Distilling or rectifying plant were:

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Tariffs by Country

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In 2018, the average tariff for Kuwait in Distilling or rectifying plant was 4.5%.

The countries with the highest tariffs for Distilling or rectifying plant in Kuwait were Angola (Most Favoured Nation duty rate treatement, 5%), Burundi (Most Favoured Nation duty rate treatement, 5%), Benin (Most Favoured Nation duty rate treatement, 5%), Burkina Faso (Most Favoured Nation duty rate treatement, 5%), and Botswana (Most Favoured Nation duty rate treatement, 5%).