2022
Exports
$1.01MWorld Rnk 63 / 199
Flag Rnk 359 / 947
2022
PRODUCT COMPLEXITY IN Electrical Capacitors
1.28Rnk 97 / 1025
2022
Imports
$9.79MWorld Rnk 63 / 211
Flag Rnk 491 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $1.01M in Electrical Capacitors, making it the 63rd largest exporter of Electrical Capacitors in the world. At the same year, Electrical Capacitors was the 359th most exported product in Kuwait. The main destination of Electrical Capacitors exports from Kuwait are: United Arab Emirates ($876k), Germany ($65.6k), Saudi Arabia ($23.4k), Vietnam ($23k), and Bahrain ($6.75k).

The fastest growing export markets for Electrical Capacitors of Kuwait between 2021 and 2022 were United Arab Emirates ($876k), Germany ($65.6k), and Saudi Arabia ($22.6k).

Imports In 2022, Kuwait imported $9.79M in Electrical Capacitors, becoming the 63rd largest importer of Electrical Capacitors in the world. At the same year, Electrical Capacitors was the 491st most imported product in Kuwait. Kuwait imports Electrical Capacitors primarily from: Italy ($2.6M), Hungary ($1.28M), South Korea ($1.2M), United States ($1.04M), and Argentina ($1.03M).

The fastest growing import markets in Electrical Capacitors for Kuwait between 2021 and 2022 were Italy ($2.17M), Hungary ($1.25M), and United States ($999k).

Latest Trends

Oct 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 (2022)$1.01M
IMPORTS (2022)$9.79M
NET TRADE (2022)-$8.78M

In 2022, Kuwait exported $1.01M in Electrical Capacitors. The main destinations of Kuwait exports on Electrical Capacitors were United Arab Emirates ($876k), Germany ($65.6k), Saudi Arabia ($23.4k), Vietnam ($23k), and Bahrain ($6.75k).

In 2022, Kuwait imported $9.79M in Electrical Capacitors, mainly from Italy ($2.6M), Hungary ($1.28M), South Korea ($1.2M), United States ($1.04M), and Argentina ($1.03M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Capacitors EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Germany$65.6k (1%)
Saudi Arabia$22.6k (2.84k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Capacitors BY Kuwait WERE (2021 - 2022):
United States-$19k (-75.1%)
Oman-$11.5k (-100%)
China-$3.9k (-82.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Electrical Capacitors were:
In 2022, Kuwait's main importing competitors in Electrical Capacitors were:

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Trade Value of Electrical Capacitors by Exporters

Potential Exports

Potential Exports

Flow
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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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