2023
Exports
$50.9kWorld Rnk 93 / 199
Flag Rnk 614 / 991
2023
PRODUCT COMPLEXITY IN Electrical Capacitors
1.16Rnk 120 / 1025
2023
Imports
$4.66MWorld Rnk 75 / 215
Flag Rnk 512 / 1168
2023
ECONOMIC COMPLEXITY of Kuwait
0.21Rnk 53 / 132

About

Exports In 2023, Kuwait exported $50.9k in Electrical Capacitors, making it the 93rd largest exporter of Electrical Capacitors in the world. At the same year, Electrical Capacitors was the 614th most exported product in Kuwait. The main destination of Electrical Capacitors exports from Kuwait are: United Kingdom ($44k), Sweden ($3.02k), Australia ($1.44k), Czechia ($736), and Saudi Arabia ($452).

The fastest growing export markets for Electrical Capacitors of Kuwait between 2022 and 2023 were United Kingdom ($44k), Sweden ($3.02k), and Australia ($1.44k).

Imports In 2023, Kuwait imported $4.66M in Electrical Capacitors, becoming the 75th largest importer of Electrical Capacitors in the world. At the same year, Electrical Capacitors was the 512th most imported product in Kuwait. Kuwait imports Electrical Capacitors primarily from: Italy ($1.79M), Hungary ($685k), South Korea ($678k), Pakistan ($357k), and China ($266k).

The fastest growing import markets in Electrical Capacitors for Kuwait between 2022 and 2023 were Hungary ($292k), Pakistan ($116k), and Malaysia ($64.2k).

Latest Trends

Dec 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 Electrical Capacitors. 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 (2023)$50.9k
IMPORTS (2023)$4.66M
NET TRADE (2023)-$4.61M

In 2023, Kuwait exported $50.9k in Electrical Capacitors. The main destinations of Kuwait exports on Electrical Capacitors were United Kingdom ($44k), Sweden ($3.02k), Australia ($1.44k), Czechia ($736), and Saudi Arabia ($452).

In 2023, Kuwait imported $4.66M in Electrical Capacitors, mainly from Italy ($1.79M), Hungary ($685k), South Korea ($678k), Pakistan ($357k), and China ($266k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Capacitors EXPORT MARKETS FOR Kuwait WERE (2022 - 2023):
Sweden$3.02k (1%)
Australia$1.44k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Capacitors BY Kuwait WERE (2022 - 2023):
United Arab Emirates-$269k (-100%)
Vietnam-$23k (-100%)
Germany-$20.2k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Kuwait's main exporting competitors in Electrical Capacitors were:
Japan $8.53B
China $7.45B
Germany $1.99B
In 2023, Kuwait's main importing competitors in Electrical Capacitors were:
China $6.22B
Germany $2.67B

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Trade Value of Electrical Capacitors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $126k
TOP IMPORT POTENTIALChina+ $713k

Electrical Capacitors’s highest export potential is Germany. With an export gap of $126k.   Electrical Capacitors’s highest import potential is China with an import gap of $713k.

See methodology.

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