2022
PRODUCT COMPLEXITY IN Gaskets
1.44Rnk 64 / 1025
2022
Imports
falseWorld Rnk 47 / 220
Flag Rnk 369 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported N/A in Gaskets, making it the 70th largest exporter of Gaskets in the world. At the same year, Gaskets was the 454th most exported product in Kuwait. The main destination of Gaskets exports from Kuwait are: United Arab Emirates ($193k), Oman ($109k), Brazil ($73.3k), Iraq ($46.9k), and Italy ($21.6k).

The fastest growing export markets for Gaskets of Kuwait between 2021 and 2022 were United Arab Emirates ($128k), Brazil ($70.5k), and Oman ($57.7k).

Imports In 2022, Kuwait imported $21.1M in Gaskets, becoming the 47th largest importer of Gaskets in the world. At the same year, Gaskets was the 369th most imported product in Kuwait. Kuwait imports Gaskets primarily from: Japan ($2.48M), United States ($2.45M), India ($2.22M), China ($2.15M), and United Arab Emirates ($1.95M).

The fastest growing import markets in Gaskets for Kuwait between 2021 and 2022 were China ($1.23M), India ($1.06M), and Mexico ($1.02M).

Latest Trends

Jul 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 Gaskets. 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
IMPORTS (2022)$21.1M

In N/A, Kuwait exported N/A in Gaskets. The main destinations of Kuwait exports on Gaskets were United Arab Emirates ($193k), Oman ($109k), Brazil ($73.3k), Iraq ($46.9k), and Italy ($21.6k).

In 2022, Kuwait imported $21.1M in Gaskets, mainly from Japan ($2.48M), United States ($2.45M), India ($2.22M), China ($2.15M), and United Arab Emirates ($1.95M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gaskets EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Brazil$70.5k (2.47k%)
Oman$57.7k (113%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gaskets BY Kuwait WERE (2021 - 2022):
Qatar-$64.6k (-97%)
Belgium-$13.9k (-100%)
Hong Kong-$2.04k (-19.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Gaskets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $129k
TOP IMPORT POTENTIALChina+ $1.43M

Gaskets’s highest export potential is Saudi Arabia. With an export gap of $129k.   Gaskets’s highest import potential is China with an import gap of $1.43M.

See methodology.

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