2023
Exports
$22.8MWorld Rnk 34 / 153
Flag Rnk 45 / 991
2023
PRODUCT COMPLEXITY IN Fermented Milk Products
-0.17Rnk 610 / 1025
2023
Imports
$87.4MWorld Rnk 15 / 223
Flag Rnk 94 / 1168
2023
ECONOMIC COMPLEXITY of Kuwait
0.21Rnk 53 / 132

About

Exports In 2023, Kuwait exported $22.8M in Fermented Milk Products, making it the 34th largest exporter of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 45th most exported product in Kuwait. The main destination of Fermented Milk Products exports from Kuwait are: Iraq ($22M), Jordan ($335k), Bahrain ($231k), Canada ($88.2k), and Palestine ($47.7k).

The fastest growing export markets for Fermented Milk Products of Kuwait between 2022 and 2023 were Jordan ($274k), Bahrain ($184k), and Canada ($88.2k).

Imports In 2023, Kuwait imported $87.4M in Fermented Milk Products, becoming the 15th largest importer of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 94th most imported product in Kuwait. Kuwait imports Fermented Milk Products primarily from: Saudi Arabia ($72.9M), Turkey ($5.82M), United Arab Emirates ($3.11M), Bahrain ($1.37M), and Greece ($803k).

The fastest growing import markets in Fermented Milk Products for Kuwait between 2022 and 2023 were Saudi Arabia ($6.98M), United Arab Emirates ($888k), and Bahrain ($405k).

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 Fermented Milk Products. 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)$22.8M
IMPORTS (2023)$87.4M
NET TRADE (2023)-$64.6M

In 2023, Kuwait exported $22.8M in Fermented Milk Products. The main destinations of Kuwait exports on Fermented Milk Products were Iraq ($22M), Jordan ($335k), Bahrain ($231k), Canada ($88.2k), and Palestine ($47.7k).

In 2023, Kuwait imported $87.4M in Fermented Milk Products, mainly from Saudi Arabia ($72.9M), Turkey ($5.82M), United Arab Emirates ($3.11M), Bahrain ($1.37M), and Greece ($803k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fermented Milk Products EXPORT MARKETS FOR Kuwait WERE (2022 - 2023):
Jordan$274k (442%)
Bahrain$184k (389%)
Canada$88.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fermented Milk Products BY Kuwait WERE (2022 - 2023):
Iraq-$3.15M (-12.5%)
Qatar-$210k (-100%)
Saudi Arabia-$207k (-86.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Kuwait's main exporting competitors in Fermented Milk Products were:
In 2023, Kuwait's main importing competitors in Fermented Milk Products were:

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Trade Value of Fermented Milk Products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSaudi Arabia+ $1.44M
TOP IMPORT POTENTIALFrance+ $667k

Fermented Milk Products’s highest export potential is Saudi Arabia. With an export gap of $1.44M.   Fermented Milk Products’s highest import potential is France with an import gap of $667k.

See methodology.

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