2023
Exports
$2.96BWorld Rnk 22 / 215
Flag Rnk 2 / 96
2023
PRODUCT COMPLEXITY IN Organic chemicals
1.84Rnk 10 / 1025
2023
Imports
$285MWorld Rnk 71 / 225
Flag Rnk 34 / 96
2023
ECONOMIC COMPLEXITY of Kuwait
0.21Rnk 53 / 132

About

Exports In 2023, Kuwait exported $2.96B in Organic chemicals, making it the 22nd largest exporter of Organic chemicals in the world. At the same year, Organic chemicals was the 2nd most exported product in Kuwait. The main destination of Organic chemicals exports from Kuwait are: India ($1.48B), China ($592M), Pakistan ($478M), Chinese Taipei ($77.5M), and Malaysia ($75.8M).

The fastest growing export markets for Organic chemicals of Kuwait between 2022 and 2023 were India ($640M), Malaysia ($75.7M), and Indonesia ($29.4M).

Imports In 2023, Kuwait imported $285M in Organic chemicals, becoming the 71st largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 34th most imported product in Kuwait. Kuwait imports Organic chemicals primarily from: India ($89.2M), Oman ($66.2M), China ($30.1M), United States ($16.8M), and Saudi Arabia ($15.4M).

The fastest growing import markets in Organic chemicals for Kuwait between 2022 and 2023 were Oman ($45.3M), South Korea ($1.95M), and Malaysia ($1.66M).

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 Organic chemicals. 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)$2.96B
IMPORTS (2023)$285M
NET TRADE (2023)$2.67B

In 2023, Kuwait exported $2.96B in Organic chemicals. The main destinations of Kuwait exports on Organic chemicals were India ($1.48B), China ($592M), Pakistan ($478M), Chinese Taipei ($77.5M), and Malaysia ($75.8M).

In 2023, Kuwait imported $285M in Organic chemicals, mainly from India ($89.2M), Oman ($66.2M), China ($30.1M), United States ($16.8M), and Saudi Arabia ($15.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Organic chemicals EXPORT MARKETS FOR Kuwait WERE (2022 - 2023):
India$640M (76.4%)
Malaysia$75.7M (168k%)
Indonesia$29.4M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic chemicals BY Kuwait WERE (2022 - 2023):
Turkey-$293M (-90.7%)
United States-$240M (-95.8%)
China-$186M (-23.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Kuwait's main exporting competitors in Organic chemicals were:
In 2023, Kuwait's main importing competitors in Organic chemicals were:

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Trade Value of Organic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $23.1M
TOP IMPORT POTENTIALChina+ $23M

Organic chemicals’s highest export potential is Saudi Arabia. With an export gap of $23.1M.   Organic chemicals’s highest import potential is China with an import gap of $23M.

See methodology.

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