2023
Exports
$54.6MWorld Rnk 31 / 151
Flag Rnk 23 / 991
2023
PRODUCT COMPLEXITY IN Buses
0.24Rnk 481 / 1025
2023
Imports
$139MWorld Rnk 35 / 212
Flag Rnk 60 / 1168
2023
ECONOMIC COMPLEXITY of Kuwait
0.21Rnk 53 / 132

About

Exports In 2023, Kuwait exported $54.6M in Buses, making it the 31st largest exporter of Buses in the world. At the same year, Buses was the 23rd most exported product in Kuwait. The main destination of Buses exports from Kuwait are: United Arab Emirates ($24.1M), China ($10.2M), Iran ($9.05M), Oman ($4.12M), and Iraq ($3.24M).

The fastest growing export markets for Buses of Kuwait between 2022 and 2023 were Iran ($3.3M), Iraq ($1.4M), and Bahrain ($197k).

Imports In 2023, Kuwait imported $139M in Buses, becoming the 35th largest importer of Buses in the world. At the same year, Buses was the 60th most imported product in Kuwait. Kuwait imports Buses primarily from: Japan ($80.6M), China ($31.2M), United Arab Emirates ($9.56M), India ($6.42M), and South Korea ($2.86M).

The fastest growing import markets in Buses for Kuwait between 2022 and 2023 were South Korea ($1.79M), India ($1.38M), and Germany ($1.12M).

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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 Buses. 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 (2023)$54.6M
IMPORTS (2023)$139M
NET TRADE (2023)-$84.8M

In 2023, Kuwait exported $54.6M in Buses. The main destinations of Kuwait exports on Buses were United Arab Emirates ($24.1M), China ($10.2M), Iran ($9.05M), Oman ($4.12M), and Iraq ($3.24M).

In 2023, Kuwait imported $139M in Buses, mainly from Japan ($80.6M), China ($31.2M), United Arab Emirates ($9.56M), India ($6.42M), and South Korea ($2.86M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Kuwait WERE (2022 - 2023):
Iran$3.3M (57.5%)
Iraq$1.4M (76%)
Bahrain$197k (683%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Kuwait WERE (2022 - 2023):
United Arab Emirates-$4.42M (-15.5%)
Nigeria-$2.51M (-99.5%)
Cambodia-$2.34M (-74.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Kuwait's main exporting competitors in Buses were:
China $3.94B
Turkey $2.49B
Japan $2.3B
In 2023, Kuwait's main importing competitors in Buses were:

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Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $4.75M
TOP IMPORT POTENTIALChina+ $2.71M

Buses’s highest export potential is Saudi Arabia. With an export gap of $4.75M.   Buses’s highest import potential is China with an import gap of $2.71M.

See methodology.

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