2022
Exports
$365kWorld Rnk 80 / 159
Flag Rnk 492 / 947
2022
PRODUCT COMPLEXITY IN Electric Furnaces
1.31Rnk 93 / 1025
2022
Imports
$9.81MWorld Rnk 65 / 209
Flag Rnk 490 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $365k in Electric Furnaces, making it the 80th largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 492nd most exported product in Kuwait. The main destination of Electric Furnaces exports from Kuwait are: Saudi Arabia ($193k), United Arab Emirates ($57.7k), Singapore ($57.4k), Qatar ($44k), and Oman ($7.24k).

The fastest growing export markets for Electric Furnaces of Kuwait between 2021 and 2022 were Saudi Arabia ($191k), Singapore ($57.4k), and Qatar ($38.8k).

Imports In 2022, Kuwait imported $9.81M in Electric Furnaces, becoming the 65th largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 490th most imported product in Kuwait. Kuwait imports Electric Furnaces primarily from: Italy ($3.73M), United States ($1.2M), United Kingdom ($648k), China ($597k), and France ($556k).

The fastest growing import markets in Electric Furnaces for Kuwait between 2021 and 2022 were Italy ($2.71M), United States ($960k), and France ($541k).

Latest Trends

Oct 2024

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 Electric Furnaces. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$365k
IMPORTS (2022)$9.81M
NET TRADE (2022)-$9.44M

In 2022, Kuwait exported $365k in Electric Furnaces. The main destinations of Kuwait exports on Electric Furnaces were Saudi Arabia ($193k), United Arab Emirates ($57.7k), Singapore ($57.4k), Qatar ($44k), and Oman ($7.24k).

In 2022, Kuwait imported $9.81M in Electric Furnaces, mainly from Italy ($3.73M), United States ($1.2M), United Kingdom ($648k), China ($597k), and France ($556k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Saudi Arabia$191k (7.65k%)
Singapore$57.4k (1%)
Qatar$38.8k (751%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Kuwait WERE (2021 - 2022):
India-$48k (-100%)
Oman-$41.8k (-85.2%)
Nigeria-$24k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Kuwait's main exporting competitors in Electric Furnaces were:
China $1.22B
Italy $722M
In 2022, Kuwait's main importing competitors in Electric Furnaces were:

Explore Visualizations

Trade Value of Electric Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $84.4k
TOP IMPORT POTENTIALChina+ $594k

Electric Furnaces’s highest export potential is Saudi Arabia. With an export gap of $84.4k.   Electric Furnaces’s highest import potential is China with an import gap of $594k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with