2023
Exports
$229MWorld Rnk 38 / 212
Flag Rnk 11 / 991
2023
PRODUCT COMPLEXITY IN Jewellery
-0.47Rnk 685 / 1025
2023
Imports
$1.18BWorld Rnk 20 / 216
Flag Rnk 5 / 1168
2023
ECONOMIC COMPLEXITY of Kuwait
0.21Rnk 53 / 132

About

Exports In 2023, Kuwait exported $229M in Jewellery, making it the 38th largest exporter of Jewellery in the world. At the same year, Jewellery was the 11th most exported product in Kuwait. The main destination of Jewellery exports from Kuwait are: United Arab Emirates ($188M), Switzerland ($13.9M), Lebanon ($12.2M), France ($4.82M), and Qatar ($2.54M).

The fastest growing export markets for Jewellery of Kuwait between 2022 and 2023 were United Arab Emirates ($163M), Switzerland ($7.55M), and France ($1.99M).

Imports In 2023, Kuwait imported $1.18B in Jewellery, becoming the 20th largest importer of Jewellery in the world. At the same year, Jewellery was the 5th most imported product in Kuwait. Kuwait imports Jewellery primarily from: United Arab Emirates ($759M), India ($104M), France ($59.3M), Italy ($57.2M), and Lebanon ($51.2M).

The fastest growing import markets in Jewellery for Kuwait between 2022 and 2023 were Italy ($9.15M), United States ($7.14M), and Lebanon ($3.92M).

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 Jewellery. 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)$229M
IMPORTS (2023)$1.18B
NET TRADE (2023)-$951M

In 2023, Kuwait exported $229M in Jewellery. The main destinations of Kuwait exports on Jewellery were United Arab Emirates ($188M), Switzerland ($13.9M), Lebanon ($12.2M), France ($4.82M), and Qatar ($2.54M).

In 2023, Kuwait imported $1.18B in Jewellery, mainly from United Arab Emirates ($759M), India ($104M), France ($59.3M), Italy ($57.2M), and Lebanon ($51.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Jewellery EXPORT MARKETS FOR Kuwait WERE (2022 - 2023):
Switzerland$7.55M (119%)
France$1.99M (70.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jewellery BY Kuwait WERE (2022 - 2023):
India-$18.6M (-96.5%)
Hong Kong-$1.52M (-85.1%)
Qatar-$1.28M (-33.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Kuwait's main exporting competitors in Jewellery were:
India $13.1B
Italy $12.4B
China $11.6B
In 2023, Kuwait's main importing competitors in Jewellery were:

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Trade Value of Jewellery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $6.91M
TOP IMPORT POTENTIALIndia+ $48.3M

Jewellery’s highest export potential is United Arab Emirates. With an export gap of $6.91M.   Jewellery’s highest import potential is India with an import gap of $48.3M.

See methodology.

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