2023
Exports
$17MWorld Rnk 93 / 214
Flag Rnk 54 / 991
2023
PRODUCT COMPLEXITY IN Packaged Medicaments
0.63Rnk 313 / 1025
2023
Imports
$1.23BWorld Rnk 55 / 226
Flag Rnk 4 / 1168
2023
ECONOMIC COMPLEXITY of Kuwait
0.21Rnk 53 / 132

About

Exports In 2023, Kuwait exported $17M in Packaged Medicaments, making it the 93rd largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 54th most exported product in Kuwait. The main destination of Packaged Medicaments exports from Kuwait are: Saudi Arabia ($16.3M), Bahrain ($331k), Qatar ($120k), Oman ($115k), and Cyprus ($37.6k).

The fastest growing export markets for Packaged Medicaments of Kuwait between 2022 and 2023 were Saudi Arabia ($13.1M), Bahrain ($253k), and Cyprus ($37.4k).

Imports In 2023, Kuwait imported $1.23B in Packaged Medicaments, becoming the 55th 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: United States ($201M), United Arab Emirates ($135M), France ($128M), Germany ($116M), and Ireland ($68M).

The fastest growing import markets in Packaged Medicaments for Kuwait between 2022 and 2023 were United Arab Emirates ($55.6M), United States ($55.5M), and France ($43.3M).

Latest Trends

Jan 2025

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 (2023)$17M
IMPORTS (2023)$1.23B
NET TRADE (2023)-$1.21B

In 2023, Kuwait exported $17M in Packaged Medicaments. The main destinations of Kuwait exports on Packaged Medicaments were Saudi Arabia ($16.3M), Bahrain ($331k), Qatar ($120k), Oman ($115k), and Cyprus ($37.6k).

In 2023, Kuwait imported $1.23B in Packaged Medicaments, mainly from United States ($201M), United Arab Emirates ($135M), France ($128M), Germany ($116M), and Ireland ($68M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Kuwait WERE (2022 - 2023):
Saudi Arabia$13.1M (420%)
Bahrain$253k (320%)
Cyprus$37.4k (30.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Kuwait WERE (2022 - 2023):
Oman-$229k (-66.6%)
France-$2.29k (-84.7%)
India-$1.78k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Kuwait's main exporting competitors in Packaged Medicaments were:
In 2023, 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
View
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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