2022
Exports
$5.91MWorld Rnk 72 / 209
Flag Rnk 173 / 947
2022
PRODUCT COMPLEXITY IN Electric Batteries
1.02Rnk 164 / 1025
2022
Imports
$139MWorld Rnk 59 / 225
Flag Rnk 108 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $5.91M in Electric Batteries, making it the 72nd largest exporter of Electric Batteries in the world. At the same year, Electric Batteries was the 173rd most exported product in Kuwait. The main destination of Electric Batteries exports from Kuwait are: United States ($5.38M), Bahrain ($237k), France ($143k), Oman ($41.7k), and United Arab Emirates ($31.7k).

The fastest growing export markets for Electric Batteries of Kuwait between 2021 and 2022 were United States ($1.61M), France ($140k), and Oman ($41.7k).

Imports In 2022, Kuwait imported $139M in Electric Batteries, becoming the 59th largest importer of Electric Batteries in the world. At the same year, Electric Batteries was the 108th most imported product in Kuwait. Kuwait imports Electric Batteries primarily from: China ($29.2M), India ($16.3M), Sweden ($12.7M), United States ($12M), and Mexico ($10.6M).

The fastest growing import markets in Electric Batteries for Kuwait between 2021 and 2022 were China ($17.2M), Sweden ($10.9M), and Malaysia ($6.13M).

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 Electric Batteries. 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)$5.91M
IMPORTS (2022)$139M
NET TRADE (2022)-$133M

In 2022, Kuwait exported $5.91M in Electric Batteries. The main destinations of Kuwait exports on Electric Batteries were United States ($5.38M), Bahrain ($237k), France ($143k), Oman ($41.7k), and United Arab Emirates ($31.7k).

In 2022, Kuwait imported $139M in Electric Batteries, mainly from China ($29.2M), India ($16.3M), Sweden ($12.7M), United States ($12M), and Mexico ($10.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Batteries EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
United States$1.61M (42.7%)
France$140k (5.58k%)
Oman$41.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Batteries BY Kuwait WERE (2021 - 2022):
Sweden-$65.6k (-97.1%)
Italy-$45.7k (-100%)
Qatar-$14.5k (-45%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Electric Batteries were:
In 2022, Kuwait's main importing competitors in Electric Batteries were:

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Trade Value of Electric Batteries by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $2.8M
TOP IMPORT POTENTIALChina+ $16.2M

Electric Batteries’s highest export potential is United States. With an export gap of $2.8M.   Electric Batteries’s highest import potential is China with an import gap of $16.2M.

See methodology.

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