2022
Exports
$88.6MWorld Rnk 15 / 152
Flag Rnk 35 / 947
2022
PRODUCT COMPLEXITY IN Fermented Milk Products
-0.22Rnk 622 / 1025
2022
Imports
$231MWorld Rnk 7 / 219
Flag Rnk 59 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $88.6M in Fermented Milk Products, making it the 15th largest exporter of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 35th most exported product in Kuwait. The main destination of Fermented Milk Products exports from Kuwait are: Iraq ($82.2M), Saudi Arabia ($4.59M), Qatar ($678k), United Arab Emirates ($571k), and Jordan ($204k).

The fastest growing export markets for Fermented Milk Products of Kuwait between 2021 and 2022 were Iraq ($65.3M), United Arab Emirates ($476k), and Saudi Arabia ($212k).

Imports In 2022, Kuwait imported $231M in Fermented Milk Products, becoming the 7th largest importer of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 59th most imported product in Kuwait. Kuwait imports Fermented Milk Products primarily from: Saudi Arabia ($209M), United Arab Emirates ($7.03M), Turkey ($4.54M), Iran ($2.53M), and Bahrain ($1.21M).

The fastest growing import markets in Fermented Milk Products for Kuwait between 2021 and 2022 were Saudi Arabia ($160M), United Arab Emirates ($4.73M), and Turkey ($3.35M).

Latest Trends

Sep 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 Fermented Milk Products. 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)$88.6M
IMPORTS (2022)$231M
NET TRADE (2022)-$142M

In 2022, Kuwait exported $88.6M in Fermented Milk Products. The main destinations of Kuwait exports on Fermented Milk Products were Iraq ($82.2M), Saudi Arabia ($4.59M), Qatar ($678k), United Arab Emirates ($571k), and Jordan ($204k).

In 2022, Kuwait imported $231M in Fermented Milk Products, mainly from Saudi Arabia ($209M), United Arab Emirates ($7.03M), Turkey ($4.54M), Iran ($2.53M), and Bahrain ($1.21M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fermented Milk Products EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Iraq$65.3M (385%)
Saudi Arabia$212k (4.85%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fermented Milk Products BY Kuwait WERE (2021 - 2022):
Jordan-$857k (-80.8%)
Turkey-$51.4k (-100%)
United States-$19.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Fermented Milk Products were:
In 2022, Kuwait's main importing competitors in Fermented Milk Products were:

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Trade Value of Fermented Milk Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $1.44M
TOP IMPORT POTENTIALFrance+ $667k

Fermented Milk Products’s highest export potential is Saudi Arabia. With an export gap of $1.44M.   Fermented Milk Products’s highest import potential is France with an import gap of $667k.

See methodology.

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