2022
Exports
$172kWorld Rnk 84 / 188
Flag Rnk 573 / 947
2022
PRODUCT COMPLEXITY IN Iron Chains
1.44Rnk 65 / 1025
2022
Imports
$7.28MWorld Rnk 85 / 222
Flag Rnk 537 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $172k in Iron Chains, making it the 84th largest exporter of Iron Chains in the world. At the same year, Iron Chains was the 573rd most exported product in Kuwait. The main destination of Iron Chains exports from Kuwait are: Singapore ($64.1k), Indonesia ($45.5k), United Arab Emirates ($37.9k), Saudi Arabia ($12.2k), and Oman ($6.59k).

The fastest growing export markets for Iron Chains of Kuwait between 2021 and 2022 were Singapore ($64.1k), Indonesia ($45.5k), and United Arab Emirates ($34.4k).

Imports In 2022, Kuwait imported $7.28M in Iron Chains, becoming the 85th largest importer of Iron Chains in the world. At the same year, Iron Chains was the 537th most imported product in Kuwait. Kuwait imports Iron Chains primarily from: China ($2.35M), Japan ($808k), United Arab Emirates ($725k), Germany ($474k), and Chinese Taipei ($285k).

The fastest growing import markets in Iron Chains for Kuwait between 2021 and 2022 were China ($1.03M), Mexico ($261k), and Germany ($243k).

Latest Trends

Jul 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 Iron Chains. 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)$172k
IMPORTS (2022)$7.28M
NET TRADE (2022)-$7.11M

In 2022, Kuwait exported $172k in Iron Chains. The main destinations of Kuwait exports on Iron Chains were Singapore ($64.1k), Indonesia ($45.5k), United Arab Emirates ($37.9k), Saudi Arabia ($12.2k), and Oman ($6.59k).

In 2022, Kuwait imported $7.28M in Iron Chains, mainly from China ($2.35M), Japan ($808k), United Arab Emirates ($725k), Germany ($474k), and Chinese Taipei ($285k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Chains EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Singapore$64.1k (1%)
Indonesia$45.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Chains BY Kuwait WERE (2021 - 2022):
Pakistan-$18.2k (-99.3%)
Saudi Arabia-$7.98k (-39.6%)
Netherlands-$6.93k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Iron Chains were:
China $2.52B
Japan $503M
In 2022, Kuwait's main importing competitors in Iron Chains were:

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Trade Value of Iron Chains by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $22.1k
TOP IMPORT POTENTIALChina+ $1.01M

Iron Chains’s highest export potential is Indonesia. With an export gap of $22.1k.   Iron Chains’s highest import potential is China with an import gap of $1.01M.

See methodology.

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