2022
Exports | Imports
$11.2M | $435MWorld Rnk 124 / 221
Flag Rnk 55 / 96
World Rnk 54 / 226
Flag Rnk 38 / 96
2022
ECONOMIC COMPLEXITY of Kuwait
0.16Rnk 53 / 124
2022
PRODUCT COMPLEXITY IN Wood, wood articles, & charcoal
0.37Rnk 420 / 1025

About

Exports In 2022, Kuwait exported $11.2M in Wood, wood articles, & charcoal, making it the 124th largest exporter of Wood, wood articles, & charcoal in the world. At the same year, Wood, wood articles, & charcoal was the 55th most exported product in Kuwait. The main destination of Wood, wood articles, & charcoal exports from Kuwait are: Saudi Arabia ($7.02M), United Arab Emirates ($2.19M), Qatar ($1.4M), Iraq ($228k), and India ($115k).

The fastest growing export markets for Wood, wood articles, & charcoal of Kuwait between 2021 and 2022 were Saudi Arabia ($5.41M), United Arab Emirates ($1.97M), and Qatar ($875k).

Imports In 2022, Kuwait imported $435M in Wood, wood articles, & charcoal, becoming the 54th largest importer of Wood, wood articles, & charcoal in the world. At the same year, Wood, wood articles, & charcoal was the 38th most imported product in Kuwait. Kuwait imports Wood, wood articles, & charcoal primarily from: China ($92.7M), Thailand ($46.9M), Indonesia ($28.7M), Finland ($25.7M), and United Arab Emirates ($24.6M).

The fastest growing import markets in Wood, wood articles, & charcoal for Kuwait between 2021 and 2022 were China ($33.9M), Finland ($23.5M), and Austria ($16.5M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Wood, wood articles, & charcoal from Kuwait to the United States.

Latest Trends

Feb 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, wood articles, & charcoal. 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)$11.2M
IMPORTS (2022)$435M
NET TRADE (2022)-$424M

In 2022, Kuwait exported $11.2M in Wood, wood articles, & charcoal. The main destinations of Kuwait exports on Wood, wood articles, & charcoal were Saudi Arabia ($7.02M), United Arab Emirates ($2.19M), Qatar ($1.4M), Iraq ($228k), and India ($115k).

In 2022, Kuwait imported $435M in Wood, wood articles, & charcoal, mainly from China ($92.7M), Thailand ($46.9M), Indonesia ($28.7M), Finland ($25.7M), and United Arab Emirates ($24.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood, wood articles, & charcoal EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Saudi Arabia$5.41M (337%)
Qatar$875k (167%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood, wood articles, & charcoal BY Kuwait WERE (2021 - 2022):
Bahrain-$54.4k (-36.2%)
Romania-$34.5k (-100%)
Italy-$29.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Wood, wood articles, & charcoal were:
China $18.7B
Germany $12.9B
In 2022, Kuwait's main importing competitors in Wood, wood articles, & charcoal were:

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Trade Value of Wood, wood articles, & charcoal by Exporters

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