2022
Exports
$371kWorld Rnk 75 / 176
Flag Rnk 487 / 947
2022
PRODUCT COMPLEXITY IN Textile Processing Machines
1.32Rnk 91 / 1025
2022
Imports
$15.4MWorld Rnk 70 / 216
Flag Rnk 412 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $371k in Textile Processing Machines, making it the 75th largest exporter of Textile Processing Machines in the world. At the same year, Textile Processing Machines was the 487th most exported product in Kuwait. The main destination of Textile Processing Machines exports from Kuwait are: United Arab Emirates ($246k), Singapore ($33.2k), Qatar ($31.1k), Jordan ($18.5k), and Turkey ($15.5k).

The fastest growing export markets for Textile Processing Machines of Kuwait between 2021 and 2022 were United Arab Emirates ($207k), Singapore ($33.2k), and Qatar ($27.1k).

Imports In 2022, Kuwait imported $15.4M in Textile Processing Machines, becoming the 70th largest importer of Textile Processing Machines in the world. At the same year, Textile Processing Machines was the 412th most imported product in Kuwait. Kuwait imports Textile Processing Machines primarily from: Turkey ($3.23M), China ($2.3M), United States ($2.16M), Poland ($1.59M), and Spain ($1.3M).

The fastest growing import markets in Textile Processing Machines for Kuwait between 2021 and 2022 were United States ($695k), Poland ($635k), and Slovenia ($508k).

Latest Trends

Oct 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 Textile Processing Machines. 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)$371k
IMPORTS (2022)$15.4M
NET TRADE (2022)-$15.1M

In 2022, Kuwait exported $371k in Textile Processing Machines. The main destinations of Kuwait exports on Textile Processing Machines were United Arab Emirates ($246k), Singapore ($33.2k), Qatar ($31.1k), Jordan ($18.5k), and Turkey ($15.5k).

In 2022, Kuwait imported $15.4M in Textile Processing Machines, mainly from Turkey ($3.23M), China ($2.3M), United States ($2.16M), Poland ($1.59M), and Spain ($1.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Processing Machines EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Singapore$33.2k (1%)
Qatar$27.1k (670%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Processing Machines BY Kuwait WERE (2021 - 2022):
Saudi Arabia-$67.3k (-100%)
Lebanon-$6.29k (-54.5%)
Iraq-$1.32k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Textile Processing Machines were:
In 2022, Kuwait's main importing competitors in Textile Processing Machines were:

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Trade Value of Textile Processing Machines by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALTurkey+ $26k
TOP IMPORT POTENTIALChina+ $975k

Textile Processing Machines’s highest export potential is Turkey. With an export gap of $26k.   Textile Processing Machines’s highest import potential is China with an import gap of $975k.

See methodology.

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