2022
Exports
$50.5MWorld Rnk 10 / 103
Flag Rnk 52 / 947
2022
PRODUCT COMPLEXITY IN Sheep and Goats
-1.65Rnk 966 / 1025
2022
Imports
$329MWorld Rnk 1 / 142
Flag Rnk 39 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $50.5M in Sheep and Goats, making it the 10th largest exporter of Sheep and Goats in the world. At the same year, Sheep and Goats was the 52nd most exported product in Kuwait. The main destination of Sheep and Goats exports from Kuwait are: Saudi Arabia ($46.1M), Qatar ($3.15M), Bahrain ($945k), Jordan ($249k), and United Arab Emirates ($92k).

The fastest growing export markets for Sheep and Goats of Kuwait between 2021 and 2022 were Saudi Arabia ($45.8M), Qatar ($2.69M), and Bahrain ($945k).

Imports In 2022, Kuwait imported $329M in Sheep and Goats, becoming the 1st largest importer of Sheep and Goats in the world. At the same year, Sheep and Goats was the 39th most imported product in Kuwait. Kuwait imports Sheep and Goats primarily from: Iran ($219M), Saudi Arabia ($41.3M), Australia ($28M), Jordan ($22.2M), and Turkey ($9.94M).

The fastest growing import markets in Sheep and Goats for Kuwait between 2021 and 2022 were Iran ($181M), Saudi Arabia ($23.2M), and Turkey ($2.81M).

Latest Trends

Jul 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 Sheep and Goats. 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)$50.5M
IMPORTS (2022)$329M
NET TRADE (2022)-$279M

In 2022, Kuwait exported $50.5M in Sheep and Goats. The main destinations of Kuwait exports on Sheep and Goats were Saudi Arabia ($46.1M), Qatar ($3.15M), Bahrain ($945k), Jordan ($249k), and United Arab Emirates ($92k).

In 2022, Kuwait imported $329M in Sheep and Goats, mainly from Iran ($219M), Saudi Arabia ($41.3M), Australia ($28M), Jordan ($22.2M), and Turkey ($9.94M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sheep and Goats EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Saudi Arabia$45.8M (17.4k%)
Qatar$2.69M (583%)
Bahrain$945k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sheep and Goats BY Kuwait WERE (2021 - 2022):United Arab Emirates-$28.9k (-23.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Sheep and Goats were:
Iran $362M
Spain $195M
In 2022, Kuwait's main importing competitors in Sheep and Goats were:

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Trade Value of Sheep and Goats by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALQatar+ $346k
TOP IMPORT POTENTIALSomalia+ $1.86M

Sheep and Goats’s highest export potential is Qatar. With an export gap of $346k.   Sheep and Goats’s highest import potential is Somalia with an import gap of $1.86M.

See methodology.

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