2022
Exports
$1.21MWorld Rnk 128 / 217
Flag Rnk 339 / 947
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$1.42BWorld Rnk 44 / 224
Flag Rnk 4 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $1.21M in Packaged Medicaments, making it the 128th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 339th most exported product in Kuwait. The main destination of Packaged Medicaments exports from Kuwait are: Saudi Arabia ($427k), Oman ($348k), Qatar ($327k), Bahrain ($78.9k), and India ($5.88k).

The fastest growing export markets for Packaged Medicaments of Kuwait between 2021 and 2022 were Oman ($334k), Qatar ($167k), and Bahrain ($26.2k).

Imports In 2022, Kuwait imported $1.42B in Packaged Medicaments, becoming the 44th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 4th most imported product in Kuwait. Kuwait imports Packaged Medicaments primarily from: Denmark ($192M), United Arab Emirates ($164M), United States ($146M), Ireland ($122M), and Saudi Arabia ($107M).

The fastest growing import markets in Packaged Medicaments for Kuwait between 2021 and 2022 were Denmark ($97.2M), United States ($90.8M), and Ireland ($78M).

Latest Trends

May 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 Packaged Medicaments. 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)$1.21M
IMPORTS (2022)$1.42B
NET TRADE (2022)-$1.42B

In 2022, Kuwait exported $1.21M in Packaged Medicaments. The main destinations of Kuwait exports on Packaged Medicaments were Saudi Arabia ($427k), Oman ($348k), Qatar ($327k), Bahrain ($78.9k), and India ($5.88k).

In 2022, Kuwait imported $1.42B in Packaged Medicaments, mainly from Denmark ($192M), United Arab Emirates ($164M), United States ($146M), Ireland ($122M), and Saudi Arabia ($107M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Oman$334k (2.39k%)
Qatar$167k (105%)
Bahrain$26.2k (49.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Kuwait WERE (2021 - 2022):
Saudi Arabia-$16.7M (-97.5%)
Jordan-$118k (-100%)
Canada-$8.33k (-98.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Packaged Medicaments were:
In 2022, Kuwait's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSaudi Arabia+ $648k
TOP IMPORT POTENTIALGermany+ $51.7M

Packaged Medicaments’s highest export potential is Saudi Arabia. With an export gap of $648k.   Packaged Medicaments’s highest import potential is Germany with an import gap of $51.7M.

See methodology.

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