2022
Exports
$2.46kWorld Rnk 93 / 133
Flag Rnk 873 / 947
2022
PRODUCT COMPLEXITY IN Silk Fabrics
0.43Rnk 394 / 1025
2022
Imports
$952kWorld Rnk 69 / 192
Flag Rnk 865 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $2.46k in Silk Fabrics, making it the 93rd largest exporter of Silk Fabrics in the world. At the same year, Silk Fabrics was the 873rd most exported product in Kuwait. The main destination of Silk Fabrics exports from Kuwait are: United Arab Emirates ($2.05k) and Spain ($410).

The fastest growing export markets for Silk Fabrics of Kuwait between 2021 and 2022 were United Arab Emirates ($1.58k) and Spain ($410).

Imports In 2022, Kuwait imported $952k in Silk Fabrics, becoming the 69th largest importer of Silk Fabrics in the world. At the same year, Silk Fabrics was the 865th most imported product in Kuwait. Kuwait imports Silk Fabrics primarily from: India ($348k), Italy ($324k), Turkey ($60.5k), China ($58.7k), and United Kingdom ($37.5k).

The fastest growing import markets in Silk Fabrics for Kuwait between 2021 and 2022 were India ($158k), Italy ($143k), and Turkey ($56.4k).

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 Silk Fabrics. 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)$2.46k
IMPORTS (2022)$952k
NET TRADE (2022)-$949k

In 2022, Kuwait exported $2.46k in Silk Fabrics. The main destinations of Kuwait exports on Silk Fabrics were United Arab Emirates ($2.05k) and Spain ($410).

In 2022, Kuwait imported $952k in Silk Fabrics, mainly from India ($348k), Italy ($324k), Turkey ($60.5k), China ($58.7k), and United Kingdom ($37.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silk Fabrics EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Spain$410 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silk Fabrics BY Kuwait WERE (2021 - 2022):
Saudi Arabia-$1.39k (-100%)
Turkey-$38 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Silk Fabrics were:
China $435M
Italy $198M
India $59.9M
In 2022, Kuwait's main importing competitors in Silk Fabrics were:

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Trade Value of Silk Fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $1.41k
TOP IMPORT POTENTIALChina+ $67.8k

Silk Fabrics’s highest export potential is United Arab Emirates. With an export gap of $1.41k.   Silk Fabrics’s highest import potential is China with an import gap of $67.8k.

See methodology.

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