2021
Exports | Imports
$13.6M | $140MWorld Rnk 27 / 86
Flag Rnk 68 / 975
World Rnk 11 / 138
Flag Rnk 50 / 1175
2021
ECONOMIC COMPLEXITY of Kuwait
0.34Rnk 48 / 131
2021
PRODUCT COMPLEXITY IN Iron Reductions
-1.33Rnk 916 / 1024

About

Exports In 2021, Kuwait exported $13.6M in Iron Reductions, making it the 27th largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 68th most exported product in Kuwait. The main destination of Iron Reductions exports from Kuwait are: India ($11.9M), Pakistan ($1.5M), and Oman ($154k).

The fastest growing export markets for Iron Reductions of Kuwait between 2020 and 2021 were India ($2.82M), Pakistan ($1.32M), and Oman ($154k).

Imports In 2021, Kuwait imported $140M in Iron Reductions, becoming the 11th largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 50th most imported product in Kuwait. Kuwait imports Iron Reductions primarily from: Bahrain ($54M), United Arab Emirates ($51.1M), Qatar ($35.3M), India ($14.9k), and Jordan ($13.3k).

The fastest growing import markets in Iron Reductions for Kuwait between 2020 and 2021 were Bahrain ($44.8M), United Arab Emirates ($42.4M), and Qatar ($35.3M).

Latest Trends

Dec 2023

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 Iron Reductions. 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 (2021)$13.6M
IMPORTS (2021)$140M
NET TRADE (2021)-$127M

In 2021, Kuwait exported $13.6M in Iron Reductions. The main destinations of Kuwait exports on Iron Reductions were India ($11.9M), Pakistan ($1.5M), and Oman ($154k).

In 2021, Kuwait imported $140M in Iron Reductions, mainly from Bahrain ($54M), United Arab Emirates ($51.1M), Qatar ($35.3M), India ($14.9k), and Jordan ($13.3k).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Iron Reductions EXPORT MARKETS FOR Kuwait WERE (2020 - 2021):
India$2.82M (30.9%)
Pakistan$1.32M (747%)
Oman$154k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Reductions BY Kuwait WERE (2020 - 2021):
Saudi Arabia-$261k (-100%)
Jordan-$51.3k (-100%)
Iran-$857 (-100%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Kuwait's main exporting competitors in Iron Reductions were:
In 2021, Kuwait's main importing competitors in Iron Reductions were:

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Trade Value of Iron Reductions by Exporters

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