HS Icon Styrene Polymers in  Flag Kuwait

2021
Exports | Imports
: $171k | $25.1M, World Rnk 95 / 153
Flag Rnk 458 / 975 | World Rnk 72 / 208
Flag Rnk 238 / 1175

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $29.9k | $3.25M, Thailand |  Chinese Taipei

2021
ECONOMIC COMPLEXITY of Kuwait
: 0.34, Rnk 48 / 131

2021
PRODUCT COMPLEXITY IN Styrene Polymers
: 0.7, Rnk 276 / 1029

Exports In 2021, Kuwait exported $171k in Styrene Polymers, making it the 95th largest exporter of Styrene Polymers in the world. At the same year, Styrene Polymers was the 458th most exported product in Kuwait. The main destination of Styrene Polymers exports from Kuwait are: United Arab Emirates ($130k), Thailand ($29.9k), and Oman ($10.7k).

The fastest growing export markets for Styrene Polymers of Kuwait between 2020 and 2021 were Thailand ($29.9k), United Arab Emirates ($29.3k), and Oman ($10.7k).

Imports In 2021, Kuwait imported $25.1M in Styrene Polymers, becoming the 72nd largest importer of Styrene Polymers in the world. At the same year, Styrene Polymers was the 238th most imported product in Kuwait. Kuwait imports Styrene Polymers primarily from: Saudi Arabia ($8.96M), Chinese Taipei ($6.45M), China ($2.49M), Iran ($1.43M), and Pakistan ($1.43M).

The fastest growing import markets in Styrene Polymers for Kuwait between 2020 and 2021 were Chinese Taipei ($3.25M), Pakistan ($1.43M), and China ($1.26M).

Tariffs In 2018, the average tariff for Kuwait in Styrene Polymers was 4.81%. The countries with the highest import tariffs for Styrene Polymers were Angola (Most Favoured Nation duty rate treatment, 5%), Burundi (Most Favoured Nation duty rate treatment, 5%), Benin (Most Favoured Nation duty rate treatment, 5%), Burkina Faso (Most Favoured Nation duty rate treatment, 5%), and Botswana (Most Favoured Nation duty rate treatment, 5%).

Mar 2023

Subnational Monthly Trade

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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 Styrene Polymers. 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

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EXPORTS (2021): $171k

IMPORTS (2021): $25.1M

NET TRADE (2021): -$24.9M

In 2021, Kuwait exported $171k in Styrene Polymers. The main destinations of Kuwait exports on Styrene Polymers were United Arab Emirates ($130k), Thailand ($29.9k), and Oman ($10.7k).

In 2021, Kuwait imported $25.1M in Styrene Polymers, mainly from Saudi Arabia ($8.96M), Chinese Taipei ($6.45M), China ($2.49M), Iran ($1.43M), and Pakistan ($1.43M).

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THE FASTEST GROWING Styrene Polymers EXPORT MARKETS FOR Kuwait WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Styrene Polymers BY Kuwait WERE (2020 - 2021):: Vietnam, -$69.9k (-100%)

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Market Concentration

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In 2021, Kuwait's main exporting competitors in Styrene Polymers were:

In 2021, Kuwait's main importing competitors in Styrene Polymers were:

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