2022
Exports
$309World Rnk 137 / 144
Flag Rnk 927 / 947
2022
PRODUCT COMPLEXITY IN Silver
-0.98Rnk 832 / 1025
2022
Imports
$14.5MWorld Rnk 43 / 182
Flag Rnk 423 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $309 in Silver, making it the 137th largest exporter of Silver in the world. At the same year, Silver was the 927th most exported product in Kuwait. The main destination of Silver exports from Kuwait are: Thailand ($309).

The fastest growing export markets for Silver of Kuwait between 2021 and 2022 were Thailand ($309).

Imports In 2022, Kuwait imported $14.5M in Silver, becoming the 43rd largest importer of Silver in the world. At the same year, Silver was the 423rd most imported product in Kuwait. Kuwait imports Silver primarily from: United Arab Emirates ($7.27M), Turkey ($6.48M), Switzerland ($303k), United States ($145k), and Germany ($142k).

The fastest growing import markets in Silver for Kuwait between 2021 and 2022 were Turkey ($6.48M), United Arab Emirates ($2.18M), and United States ($84.2k).

Latest Trends

Nov 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 Silver. 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)$309
IMPORTS (2022)$14.5M
NET TRADE (2022)-$14.5M

In 2022, Kuwait exported $309 in Silver. The main destinations of Kuwait exports on Silver were Thailand ($309).

In 2022, Kuwait imported $14.5M in Silver, mainly from United Arab Emirates ($7.27M), Turkey ($6.48M), Switzerland ($303k), United States ($145k), and Germany ($142k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silver EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):Thailand$309 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver BY Kuwait WERE (2021 - 2022):
United Arab Emirates-$276k (-100%)
Qatar-$45.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Silver were:
In 2022, Kuwait's main importing competitors in Silver were:

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Trade Value of Silver by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALThailand+ $875
TOP IMPORT POTENTIALSwitzerland+ $259k

Silver’s highest export potential is Thailand. With an export gap of $875.   Silver’s highest import potential is Switzerland with an import gap of $259k.

See methodology.

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