2022
Exports
$1.23MWorld Rnk 52 / 146
Flag Rnk 336 / 947
2022
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.75Rnk 772 / 1025
2022
Imports
$45.8MWorld Rnk 29 / 218
Flag Rnk 246 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $1.23M in Pure Olive Oil, making it the 52nd largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 336th most exported product in Kuwait. The main destination of Pure Olive Oil exports from Kuwait are: Saudi Arabia ($501k), Iraq ($351k), Qatar ($247k), Bahrain ($56.3k), and Australia ($24.2k).

The fastest growing export markets for Pure Olive Oil of Kuwait between 2021 and 2022 were Iraq ($351k), Qatar ($235k), and Saudi Arabia ($222k).

Imports In 2022, Kuwait imported $45.8M in Pure Olive Oil, becoming the 29th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 246th most imported product in Kuwait. Kuwait imports Pure Olive Oil primarily from: Syria ($17M), Palestine ($9.91M), Italy ($2.98M), Turkey ($2.85M), and United Arab Emirates ($2.75M).

The fastest growing import markets in Pure Olive Oil for Kuwait between 2021 and 2022 were Syria ($11.9M), Palestine ($4.01M), and United Arab Emirates ($2.63M).

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 Pure Olive Oil. 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)$1.23M
IMPORTS (2022)$45.8M
NET TRADE (2022)-$44.5M

In 2022, Kuwait exported $1.23M in Pure Olive Oil. The main destinations of Kuwait exports on Pure Olive Oil were Saudi Arabia ($501k), Iraq ($351k), Qatar ($247k), Bahrain ($56.3k), and Australia ($24.2k).

In 2022, Kuwait imported $45.8M in Pure Olive Oil, mainly from Syria ($17M), Palestine ($9.91M), Italy ($2.98M), Turkey ($2.85M), and United Arab Emirates ($2.75M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Iraq$351k (1%)
Qatar$235k (1.87k%)
Saudi Arabia$222k (79.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Kuwait WERE (2021 - 2022):
Oman-$8.29k (-100%)
Jordan-$4.53k (-100%)
Malta-$626 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Pure Olive Oil were:
Spain $4.43B
Italy $1.87B
In 2022, Kuwait's main importing competitors in Pure Olive Oil were:

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $143k
TOP IMPORT POTENTIALSpain+ $1.5M

Pure Olive Oil’s highest export potential is Saudi Arabia. With an export gap of $143k.   Pure Olive Oil’s highest import potential is Spain with an import gap of $1.5M.

See methodology.

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