2023
Exports
$109kWorld Rnk 74 / 118
Flag Rnk 516 / 991
2023
PRODUCT COMPLEXITY IN Iron Powder
0.86Rnk 230 / 1025
2023
Imports
$586kWorld Rnk 75 / 169
Flag Rnk 837 / 1168
2023
ECONOMIC COMPLEXITY of Kuwait
0.21Rnk 53 / 132

About

Exports In 2023, Kuwait exported $109k in Iron Powder, making it the 74th largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 516th most exported product in Kuwait. The main destination of Iron Powder exports from Kuwait are: Ghana ($81.1k), India ($19.5k), Pakistan ($6.51k), and United Arab Emirates ($2.3k).

The fastest growing export markets for Iron Powder of Kuwait between 2022 and 2023 were Ghana ($81.1k) and Pakistan ($6.51k).

Imports In 2023, Kuwait imported $586k in Iron Powder, becoming the 75th largest importer of Iron Powder in the world. At the same year, Iron Powder was the 837th most imported product in Kuwait. Kuwait imports Iron Powder primarily from: France ($409k), Saudi Arabia ($94k), China ($28.2k), United States ($17.7k), and Germany ($15.6k).

The fastest growing import markets in Iron Powder for Kuwait between 2022 and 2023 were France ($32k), China ($26.7k), and Saudi Arabia ($26k).

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 Iron Powder. 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)$109k
IMPORTS (2023)$586k
NET TRADE (2023)-$476k

In 2023, Kuwait exported $109k in Iron Powder. The main destinations of Kuwait exports on Iron Powder were Ghana ($81.1k), India ($19.5k), Pakistan ($6.51k), and United Arab Emirates ($2.3k).

In 2023, Kuwait imported $586k in Iron Powder, mainly from France ($409k), Saudi Arabia ($94k), China ($28.2k), United States ($17.7k), and Germany ($15.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR Kuwait WERE (2022 - 2023):
Ghana$81.1k (1%)
Pakistan$6.51k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY Kuwait WERE (2022 - 2023):
India-$150k (-88.5%)
United Arab Emirates-$970 (-29.7%)
Saudi Arabia-$510 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Kuwait's main exporting competitors in Iron Powder were:
China $297M
Japan $241M
In 2023, Kuwait's main importing competitors in Iron Powder were:

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Trade Value of Iron Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $20.5k
TOP IMPORT POTENTIALIndia+ $93.8k

Iron Powder’s highest export potential is Saudi Arabia. With an export gap of $20.5k.   Iron Powder’s highest import potential is India with an import gap of $93.8k.

See methodology.

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