2023
Exports
$4.15MWorld Rnk 84 / 222
Flag Rnk 126 / 991
2023
PRODUCT COMPLEXITY IN Integrated Circuits
1.17Rnk 117 / 1025
2023
Imports
$39.3MWorld Rnk 78 / 224
Flag Rnk 190 / 1168
2023
ECONOMIC COMPLEXITY of Kuwait
0.21Rnk 53 / 132

About

Exports In 2023, Kuwait exported $4.15M in Integrated Circuits, making it the 84th largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 126th most exported product in Kuwait. The main destination of Integrated Circuits exports from Kuwait are: Italy ($2.64M), India ($681k), Germany ($394k), United Kingdom ($220k), and Hungary ($107k).

The fastest growing export markets for Integrated Circuits of Kuwait between 2022 and 2023 were Italy ($2.64M), India ($681k), and Hungary ($91k).

Imports In 2023, Kuwait imported $39.3M in Integrated Circuits, becoming the 78th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 190th most imported product in Kuwait. Kuwait imports Integrated Circuits primarily from: Poland ($14.7M), China ($6.16M), United Arab Emirates ($4.27M), France ($2.88M), and Lebanon ($2.51M).

The fastest growing import markets in Integrated Circuits for Kuwait between 2022 and 2023 were Poland ($7.53M), Lebanon ($2.17M), and France ($1.35M).

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 Integrated Circuits. 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)$4.15M
IMPORTS (2023)$39.3M
NET TRADE (2023)-$35.1M

In 2023, Kuwait exported $4.15M in Integrated Circuits. The main destinations of Kuwait exports on Integrated Circuits were Italy ($2.64M), India ($681k), Germany ($394k), United Kingdom ($220k), and Hungary ($107k).

In 2023, Kuwait imported $39.3M in Integrated Circuits, mainly from Poland ($14.7M), China ($6.16M), United Arab Emirates ($4.27M), France ($2.88M), and Lebanon ($2.51M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Kuwait WERE (2022 - 2023):
Italy$2.64M (1%)
India$681k (1%)
Hungary$91k (584%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Kuwait WERE (2022 - 2023):
Vietnam-$106k (-100%)
Pakistan-$104k (-100%)
Saudi Arabia-$48.1k (-87.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Kuwait's main exporting competitors in Integrated Circuits were:
In 2023, Kuwait's main importing competitors in Integrated Circuits were:

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Trade Value of Integrated Circuits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $200k
TOP IMPORT POTENTIALVietnam+ $4.04M

Integrated Circuits’s highest export potential is Vietnam. With an export gap of $200k.   Integrated Circuits’s highest import potential is Vietnam with an import gap of $4.04M.

See methodology.

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