2023
Exports
$90.2MWorld Rnk 99 / 226
Flag Rnk 15 / 96
2023
PRODUCT COMPLEXITY IN Electrical machinery and electronics
1.73Rnk 19 / 1025
2023
Imports
$3.48BWorld Rnk 64 / 226
Flag Rnk 3 / 96
2023
ECONOMIC COMPLEXITY of Kuwait
0.21Rnk 53 / 132

About

Exports In 2023, Kuwait exported $90.2M in Electrical machinery and electronics, making it the 99th largest exporter of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 15th most exported product in Kuwait. The main destination of Electrical machinery and electronics exports from Kuwait are: Qatar ($30.9M), United Arab Emirates ($14.7M), Hong Kong ($7.66M), Italy ($5.26M), and Saudi Arabia ($4.5M).

The fastest growing export markets for Electrical machinery and electronics of Kuwait between 2022 and 2023 were Qatar ($11.5M), Italy ($4.34M), and Hungary ($2.58M).

Imports In 2023, Kuwait imported $3.48B in Electrical machinery and electronics, becoming the 64th largest importer of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 3rd most imported product in Kuwait. Kuwait imports Electrical machinery and electronics primarily from: China ($1.83B), India ($242M), Vietnam ($195M), United States ($161M), and Saudi Arabia ($132M).

The fastest growing import markets in Electrical machinery and electronics for Kuwait between 2022 and 2023 were China ($521M), Saudi Arabia ($42.5M), and Vietnam ($25.3M).

Latest Trends

Dec 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 Electrical machinery and electronics. 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)$90.2M
IMPORTS (2023)$3.48B
NET TRADE (2023)-$3.38B

In 2023, Kuwait exported $90.2M in Electrical machinery and electronics. The main destinations of Kuwait exports on Electrical machinery and electronics were Qatar ($30.9M), United Arab Emirates ($14.7M), Hong Kong ($7.66M), Italy ($5.26M), and Saudi Arabia ($4.5M).

In 2023, Kuwait imported $3.48B in Electrical machinery and electronics, mainly from China ($1.83B), India ($242M), Vietnam ($195M), United States ($161M), and Saudi Arabia ($132M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical machinery and electronics EXPORT MARKETS FOR Kuwait WERE (2022 - 2023):
Qatar$11.5M (58.9%)
Italy$4.34M (469%)
Hungary$2.58M (500%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical machinery and electronics BY Kuwait WERE (2022 - 2023):
India-$6.38M (-77.6%)
Oman-$2.72M (-69.5%)
United Kingdom-$2.57M (-79.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Kuwait's main exporting competitors in Electrical machinery and electronics were:
In 2023, Kuwait's main importing competitors in Electrical machinery and electronics were:

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Trade Value of Electrical machinery and electronics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $12.2M
TOP IMPORT POTENTIALChina+ $420M

Electrical machinery and electronics’s highest export potential is Saudi Arabia. With an export gap of $12.2M.   Electrical machinery and electronics’s highest import potential is China with an import gap of $420M.

See methodology.

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