2022
Exports
$24MWorld Rnk 31 / 161
Flag Rnk 80 / 947
2022
PRODUCT COMPLEXITY IN Other Inorganic Acids
0.33Rnk 431 / 1025
2022
Imports
$9.52MWorld Rnk 60 / 214
Flag Rnk 496 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $24M in Other Inorganic Acids, making it the 31st largest exporter of Other Inorganic Acids in the world. At the same year, Other Inorganic Acids was the 80th most exported product in Kuwait. The main destination of Other Inorganic Acids exports from Kuwait are: Saudi Arabia ($19.9M), Jordan ($2.45M), United Arab Emirates ($1.15M), Bahrain ($295k), and Qatar ($193k).

The fastest growing export markets for Other Inorganic Acids of Kuwait between 2021 and 2022 were Saudi Arabia ($16.1M), Jordan ($804k), and United Arab Emirates ($252k).

Imports In 2022, Kuwait imported $9.52M in Other Inorganic Acids, becoming the 60th largest importer of Other Inorganic Acids in the world. At the same year, Other Inorganic Acids was the 496th most imported product in Kuwait. Kuwait imports Other Inorganic Acids primarily from: Norway ($2.8M), China ($1.43M), Saudi Arabia ($1.21M), Iran ($1.13M), and United Arab Emirates ($979k).

The fastest growing import markets in Other Inorganic Acids for Kuwait between 2021 and 2022 were Norway ($1.49M), Iran ($1.07M), and China ($993k).

Latest Trends

Oct 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 Other Inorganic Acids. 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)$24M
IMPORTS (2022)$9.52M
NET TRADE (2022)$14.5M

In 2022, Kuwait exported $24M in Other Inorganic Acids. The main destinations of Kuwait exports on Other Inorganic Acids were Saudi Arabia ($19.9M), Jordan ($2.45M), United Arab Emirates ($1.15M), Bahrain ($295k), and Qatar ($193k).

In 2022, Kuwait imported $9.52M in Other Inorganic Acids, mainly from Norway ($2.8M), China ($1.43M), Saudi Arabia ($1.21M), Iran ($1.13M), and United Arab Emirates ($979k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Inorganic Acids EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Saudi Arabia$16.1M (426%)
Jordan$804k (48.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Inorganic Acids BY Kuwait WERE (2021 - 2022):
Tunisia-$19.1k (-100%)
Syria-$18.4k (-100%)
Iraq-$1.48k (-18.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Other Inorganic Acids were:
In 2022, Kuwait's main importing competitors in Other Inorganic Acids were:

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Trade Value of Other Inorganic Acids by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Arab Emirates+ $205k
TOP IMPORT POTENTIALChina+ $1.02M

Other Inorganic Acids’s highest export potential is United Arab Emirates. With an export gap of $205k.   Other Inorganic Acids’s highest import potential is China with an import gap of $1.02M.

See methodology.

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