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2022
Exports $76.8kWorld Rnk 57 / 97
Flag Rnk 662 / 947
falsefalse United States
2022
PRODUCT COMPLEXITY IN Precious Metal Compounds1.09Rnk 139 / 1025
2022
Imports $147kWorld Rnk 91 / 184
Flag Rnk 1031 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $76.8k in Precious Metal Compounds, making it the 57th largest exporter of Precious Metal Compounds in the world. At the same year, Precious Metal Compounds was the 662nd most exported product in Kuwait. The main destination of Precious Metal Compounds exports from Kuwait are: United States ($60.5k) and Egypt ($16.3k).

The fastest growing export markets for Precious Metal Compounds of Kuwait between N/A and 2022 were United States ($60.5k) and Egypt ($16.3k).

Imports In 2022, Kuwait imported $147k in Precious Metal Compounds, becoming the 91st largest importer of Precious Metal Compounds in the world. At the same year, Precious Metal Compounds was the 1031st most imported product in Kuwait. Kuwait imports Precious Metal Compounds primarily from: India ($43.3k), United Kingdom ($36.9k), Turkey ($16.6k), Belgium ($15.3k), and Canada ($9.76k).

Latest Trends

Sep 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 Precious Metal Compounds. 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)$76.8k
IMPORTS (2022)$147k
NET TRADE (2022)-$70.1k

In 2022, Kuwait exported $76.8k in Precious Metal Compounds. The main destinations of Kuwait exports on Precious Metal Compounds were United States ($60.5k) and Egypt ($16.3k).

In 2022, Kuwait imported $147k in Precious Metal Compounds, mainly from India ($43.3k), United Kingdom ($36.9k), Turkey ($16.6k), Belgium ($15.3k), and Canada ($9.76k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Compounds EXPORT MARKETS FOR Kuwait WERE (N/A - 2022):
United States$60.5k (1%)
Egypt$16.3k (1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Precious Metal Compounds were:
Germany $3.18B
Japan $2.65B
United Kingdom $1.86B
In 2022, Kuwait's main importing competitors in Precious Metal Compounds were:
India $1.47B
Czechia $1.07B
Germany $845M

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Trade Value of Precious Metal Compounds by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $17.8k
TOP IMPORT POTENTIALUnited Kingdom+ $32.6k

Precious Metal Compounds’s highest export potential is United States. With an export gap of $17.8k.   Precious Metal Compounds’s highest import potential is United Kingdom with an import gap of $32.6k.

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