2021
Exports | Imports
$126M | $199MWorld Rnk 52 / 212
Flag Rnk 13 / 975
World Rnk 39 / 179
Flag Rnk 25 / 1175
2021
ECONOMIC COMPLEXITY of Kuwait
0.34Rnk 48 / 131
2021
PRODUCT COMPLEXITY IN Scrap Iron
-0.55Rnk 713 / 1024

About

Exports In 2021, Kuwait exported $126M in Scrap Iron, making it the 52nd largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 13th most exported product in Kuwait. The main destination of Scrap Iron exports from Kuwait are: Pakistan ($86.8M), India ($36.3M), Sweden ($2.24M), United Arab Emirates ($283k), and Malaysia ($280k).

The fastest growing export markets for Scrap Iron of Kuwait between 2020 and 2021 were Pakistan ($28.6M), India ($14.5M), and Sweden ($2.24M).

Imports In 2021, Kuwait imported $199M in Scrap Iron, becoming the 39th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 25th most imported product in Kuwait. Kuwait imports Scrap Iron primarily from: United Kingdom ($127M), Netherlands ($42.7M), Venezuela ($15.4M), United States ($13.8M), and United Arab Emirates ($309k).

The fastest growing import markets in Scrap Iron for Kuwait between 2020 and 2021 were United Kingdom ($127M), Netherlands ($42.7M), and Venezuela ($15.4M).

Latest Trends

Dec 2023

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 Scrap Iron. 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 (2021)$126M
IMPORTS (2021)$199M
NET TRADE (2021)-$73.1M

In 2021, Kuwait exported $126M in Scrap Iron. The main destinations of Kuwait exports on Scrap Iron were Pakistan ($86.8M), India ($36.3M), Sweden ($2.24M), United Arab Emirates ($283k), and Malaysia ($280k).

In 2021, Kuwait imported $199M in Scrap Iron, mainly from United Kingdom ($127M), Netherlands ($42.7M), Venezuela ($15.4M), United States ($13.8M), and United Arab Emirates ($309k).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Kuwait WERE (2020 - 2021):
Pakistan$28.6M (49.2%)
India$14.5M (66.7%)
Sweden$2.24M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Kuwait WERE (2020 - 2021):Singapore-$41.6k (-100%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Kuwait's main exporting competitors in Scrap Iron were:
In 2021, Kuwait's main importing competitors in Scrap Iron were:
Turkey $10.3B
India $3.48B
Italy $3.22B

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Trade Value of Scrap Iron by Exporters

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