2022
Exports
$2.44MWorld Rnk 80 / 177
Flag Rnk 254 / 947
2022
PRODUCT COMPLEXITY IN Wood Carpentry
-0.052Rnk 563 / 1025
2022
Imports
$20MWorld Rnk 62 / 222
Flag Rnk 377 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $2.44M in Wood Carpentry, making it the 80th largest exporter of Wood Carpentry in the world. At the same year, Wood Carpentry was the 254th most exported product in Kuwait. The main destination of Wood Carpentry exports from Kuwait are: Qatar ($1.1M), Saudi Arabia ($810k), United Arab Emirates ($480k), Oman ($22.3k), and Bahrain ($16.5k).

The fastest growing export markets for Wood Carpentry of Kuwait between 2021 and 2022 were Qatar ($725k), Saudi Arabia ($589k), and United Arab Emirates ($476k).

Imports In 2022, Kuwait imported $20M in Wood Carpentry, becoming the 62nd largest importer of Wood Carpentry in the world. At the same year, Wood Carpentry was the 377th most imported product in Kuwait. Kuwait imports Wood Carpentry primarily from: United Arab Emirates ($6.08M), Turkey ($2.79M), China ($2.34M), Italy ($1.91M), and Canada ($1.8M).

The fastest growing import markets in Wood Carpentry for Kuwait between 2021 and 2022 were United Arab Emirates ($4.02M), Portugal ($1.37M), and Canada ($1.23M).

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 Wood Carpentry. 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)$2.44M
IMPORTS (2022)$20M
NET TRADE (2022)-$17.5M

In 2022, Kuwait exported $2.44M in Wood Carpentry. The main destinations of Kuwait exports on Wood Carpentry were Qatar ($1.1M), Saudi Arabia ($810k), United Arab Emirates ($480k), Oman ($22.3k), and Bahrain ($16.5k).

In 2022, Kuwait imported $20M in Wood Carpentry, mainly from United Arab Emirates ($6.08M), Turkey ($2.79M), China ($2.34M), Italy ($1.91M), and Canada ($1.8M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Wood Carpentry EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Qatar$725k (191%)
Saudi Arabia$589k (267%)
United Arab Emirates$476k (11.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Carpentry BY Kuwait WERE (2021 - 2022):
Iraq-$45.3k (-96.6%)
Jordan-$21.2k (-100%)
Nigeria-$18.8k (-100%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Wood Carpentry were:
Canada $1.96B
China $1.89B
Austria $1.87B
In 2022, Kuwait's main importing competitors in Wood Carpentry were:

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Trade Value of Wood Carpentry by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $249k
TOP IMPORT POTENTIALChina+ $1.35M

Wood Carpentry’s highest export potential is Saudi Arabia. With an export gap of $249k.   Wood Carpentry’s highest import potential is China with an import gap of $1.35M.

See methodology.

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