HS Icon Iron Structures in  Flag Kuwait

2021
Exports | Imports
: $57.6M | $133M, World Rnk 59 / 201
Flag Rnk 21 / 975 | World Rnk 72 / 225
Flag Rnk 56 / 1175

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $10.4M | $10.2M, Saudi Arabia |  Bahrain

2021
ECONOMIC COMPLEXITY of Kuwait
: 0.34, Rnk 48 / 131

2021
PRODUCT COMPLEXITY IN Iron Structures
: 0.39, Rnk 412 / 1029

Exports In 2021, Kuwait exported $57.6M in Iron Structures, making it the 59th largest exporter of Iron Structures in the world. At the same year, Iron Structures was the 21st most exported product in Kuwait. The main destination of Iron Structures exports from Kuwait are: Saudi Arabia ($25.2M), India ($13.4M), United Arab Emirates ($6.63M), Qatar ($3.48M), and Pakistan ($2.36M).

The fastest growing export markets for Iron Structures of Kuwait between 2020 and 2021 were Saudi Arabia ($10.4M), United Arab Emirates ($4.29M), and India ($3.96M).

Imports In 2021, Kuwait imported $133M in Iron Structures, becoming the 72nd largest importer of Iron Structures in the world. At the same year, Iron Structures was the 56th most imported product in Kuwait. Kuwait imports Iron Structures primarily from: United Arab Emirates ($43M), China ($23.1M), Saudi Arabia ($17.5M), Bahrain ($13.9M), and Germany ($6.38M).

The fastest growing import markets in Iron Structures for Kuwait between 2020 and 2021 were Bahrain ($10.2M), United Arab Emirates ($9.61M), and India ($1.23M).

Tariffs In 2018, the average tariff for Kuwait in Iron Structures was 4.81%. The countries with the highest import tariffs for Iron Structures were Angola (Most Favoured Nation duty rate treatment, 5%), Burundi (Most Favoured Nation duty rate treatment, 5%), Benin (Most Favoured Nation duty rate treatment, 5%), Burkina Faso (Most Favoured Nation duty rate treatment, 5%), and Botswana (Most Favoured Nation duty rate treatment, 5%).

Mar 2023

Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on Iron Structures. 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

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EXPORTS (2021): $57.6M

IMPORTS (2021): $133M

NET TRADE (2021): -$75.2M

In 2021, Kuwait exported $57.6M in Iron Structures. The main destinations of Kuwait exports on Iron Structures were Saudi Arabia ($25.2M), India ($13.4M), United Arab Emirates ($6.63M), Qatar ($3.48M), and Pakistan ($2.36M).

In 2021, Kuwait imported $133M in Iron Structures, mainly from United Arab Emirates ($43M), China ($23.1M), Saudi Arabia ($17.5M), Bahrain ($13.9M), and Germany ($6.38M).

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THE FASTEST GROWING Iron Structures EXPORT MARKETS FOR Kuwait WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Structures BY Kuwait WERE (2020 - 2021):

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Market Concentration

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In 2021, Kuwait's main exporting competitors in Iron Structures were:

In 2021, Kuwait's main importing competitors in Iron Structures were:

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