2022
Exports | Imports
$111M | $2.95BWorld Rnk 39 / 214
Flag Rnk 24 / 947
World Rnk 9 / 219
Flag Rnk 3 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.16Rnk 53 / 124
2022
PRODUCT COMPLEXITY IN Jewellery
-0.41Rnk 674 / 1025

About

Exports In 2022, Kuwait exported $111M in Jewellery, making it the 39th largest exporter of Jewellery in the world. At the same year, Jewellery was the 24th most exported product in Kuwait. The main destination of Jewellery exports from Kuwait are: Lebanon ($36.8M), United Arab Emirates ($24.7M), India ($14.1M), Qatar ($12.4M), and Switzerland ($8.45M).

The fastest growing export markets for Jewellery of Kuwait between 2021 and 2022 were Lebanon ($31.8M), United Arab Emirates ($14M), and India ($13.2M).

Imports In 2022, Kuwait imported $2.95B in Jewellery, becoming the 9th largest importer of Jewellery in the world. At the same year, Jewellery was the 3rd most imported product in Kuwait. Kuwait imports Jewellery primarily from: United Arab Emirates ($2.43B), India ($161M), Hong Kong ($70.2M), Switzerland ($52.9M), and France ($48.1M).

The fastest growing import markets in Jewellery for Kuwait between 2021 and 2022 were United Arab Emirates ($1.63B), India ($87.3M), and Hong Kong ($53.7M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Jewellery from Kuwait to the United States.

Latest Trends

Jan 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 Jewellery. 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)$111M
IMPORTS (2022)$2.95B
NET TRADE (2022)-$2.84B

In 2022, Kuwait exported $111M in Jewellery. The main destinations of Kuwait exports on Jewellery were Lebanon ($36.8M), United Arab Emirates ($24.7M), India ($14.1M), Qatar ($12.4M), and Switzerland ($8.45M).

In 2022, Kuwait imported $2.95B in Jewellery, mainly from United Arab Emirates ($2.43B), India ($161M), Hong Kong ($70.2M), Switzerland ($52.9M), and France ($48.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Jewellery EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Lebanon$31.8M (632%)
India$13.2M (1.39k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jewellery BY Kuwait WERE (2021 - 2022):
Ireland-$701k (-80.3%)
Switzerland-$519k (-5.79%)
Spain-$312k (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Jewellery were:
China $13.9B
India $12.6B
In 2022, Kuwait's main importing competitors in Jewellery were:

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Trade Value of Jewellery by Exporters

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