2022
Exports
$2.09BWorld Rnk 40 / 226
Flag Rnk 3 / 96
2022
PRODUCT COMPLEXITY IN Cars, tractors, trucks & parts thereof.
1Rnk 170 / 1025
2022
Imports
$7.15BWorld Rnk 41 / 226
Flag Rnk 1 / 96
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $2.09B in Cars, tractors, trucks & parts thereof., making it the 40th largest exporter of Cars, tractors, trucks & parts thereof. in the world. At the same year, Cars, tractors, trucks & parts thereof. was the 3rd most exported product in Kuwait. The main destination of Cars, tractors, trucks & parts thereof. exports from Kuwait are: United Arab Emirates ($701M), Saudi Arabia ($372M), Iraq ($271M), Egypt ($134M), and Jordan ($121M).

The fastest growing export markets for Cars, tractors, trucks & parts thereof. of Kuwait between 2021 and 2022 were United Arab Emirates ($496M), Saudi Arabia ($236M), and Egypt ($87.8M).

Imports In 2022, Kuwait imported $7.15B in Cars, tractors, trucks & parts thereof., becoming the 41st largest importer of Cars, tractors, trucks & parts thereof. in the world. At the same year, Cars, tractors, trucks & parts thereof. was the 1st most imported product in Kuwait. Kuwait imports Cars, tractors, trucks & parts thereof. primarily from: Japan ($2.02B), United States ($1.34B), China ($1.33B), Germany ($398M), and United Kingdom ($238M).

The fastest growing import markets in Cars, tractors, trucks & parts thereof. for Kuwait between 2021 and 2022 were China ($935M), Japan ($869M), and United States ($193M).

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 Cars, tractors, trucks & parts thereof.. 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)$2.09B
IMPORTS (2022)$7.15B
NET TRADE (2022)-$5.06B

In 2022, Kuwait exported $2.09B in Cars, tractors, trucks & parts thereof.. The main destinations of Kuwait exports on Cars, tractors, trucks & parts thereof. were United Arab Emirates ($701M), Saudi Arabia ($372M), Iraq ($271M), Egypt ($134M), and Jordan ($121M).

In 2022, Kuwait imported $7.15B in Cars, tractors, trucks & parts thereof., mainly from Japan ($2.02B), United States ($1.34B), China ($1.33B), Germany ($398M), and United Kingdom ($238M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars, tractors, trucks & parts thereof. EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Saudi Arabia$236M (173%)
Egypt$87.8M (189%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars, tractors, trucks & parts thereof. BY Kuwait WERE (2021 - 2022):
Iraq-$86.5M (-24.2%)
Sudan-$6.53M (-40.4%)
Yemen-$5.43M (-39.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Cars, tractors, trucks & parts thereof. were:
In 2022, Kuwait's main importing competitors in Cars, tractors, trucks & parts thereof. were:

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Trade Value of Cars, tractors, trucks & parts thereof. by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $139M
TOP IMPORT POTENTIALGermany+ $188M

Cars, tractors, trucks & parts thereof.’s highest export potential is Saudi Arabia. With an export gap of $139M.   Cars, tractors, trucks & parts thereof.’s highest import potential is Germany with an import gap of $188M.

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