2022
Exports
$46.3MWorld Rnk 58 / 129
Flag Rnk 58 / 947
2022
PRODUCT COMPLEXITY IN Ferroalloys
-1.24Rnk 892 / 1025
2022
Imports
$20.7MWorld Rnk 68 / 172
Flag Rnk 371 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $46.3M in Ferroalloys, making it the 58th largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 58th most exported product in Kuwait. The main destination of Ferroalloys exports from Kuwait are: Saudi Arabia ($29.1M), Slovenia ($4.46M), Germany ($2.19M), Netherlands ($1.74M), and Czechia ($1.48M).

The fastest growing export markets for Ferroalloys of Kuwait between 2021 and 2022 were Saudi Arabia ($23.4M), Slovenia ($4.46M), and Netherlands ($1.57M).

Imports In 2022, Kuwait imported $20.7M in Ferroalloys, becoming the 68th largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 371st most imported product in Kuwait. Kuwait imports Ferroalloys primarily from: India ($15.3M), China ($5.39M), Czechia ($92.1k), United States ($3.03k), and Iran ($1.24k).

The fastest growing import markets in Ferroalloys for Kuwait between 2021 and 2022 were India ($5.82M), China ($5.36M), and Czechia ($92.1k).

Latest Trends

Aug 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 Ferroalloys. 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)$46.3M
IMPORTS (2022)$20.7M
NET TRADE (2022)$25.5M

In 2022, Kuwait exported $46.3M in Ferroalloys. The main destinations of Kuwait exports on Ferroalloys were Saudi Arabia ($29.1M), Slovenia ($4.46M), Germany ($2.19M), Netherlands ($1.74M), and Czechia ($1.48M).

In 2022, Kuwait imported $20.7M in Ferroalloys, mainly from India ($15.3M), China ($5.39M), Czechia ($92.1k), United States ($3.03k), and Iran ($1.24k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Saudi Arabia$23.4M (410%)
Slovenia$4.46M (1%)
Netherlands$1.57M (908%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY Kuwait WERE (2021 - 2022):
Pakistan-$1.76M (-95.4%)
Thailand-$1.05M (-100%)
Latvia-$666k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Ferroalloys were:
In 2022, Kuwait's main importing competitors in Ferroalloys were:

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Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $2.29M
TOP IMPORT POTENTIALIndia+ $1.85M

Ferroalloys’s highest export potential is India. With an export gap of $2.29M.   Ferroalloys’s highest import potential is India with an import gap of $1.85M.

See methodology.

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