2022
Exports
$9.01MWorld Rnk 64 / 207
Flag Rnk 137 / 947
2022
PRODUCT COMPLEXITY IN Knit Men's Suits
-1.32Rnk 915 / 1025
2022
Imports
$171MWorld Rnk 22 / 221
Flag Rnk 87 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $9.01M in Knit Men's Suits, making it the 64th largest exporter of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 137th most exported product in Kuwait. The main destination of Knit Men's Suits exports from Kuwait are: Saudi Arabia ($4.95M), Iraq ($2.96M), Bahrain ($336k), United Arab Emirates ($294k), and Qatar ($191k).

The fastest growing export markets for Knit Men's Suits of Kuwait between 2021 and 2022 were Saudi Arabia ($4.66M), Iraq ($2.56M), and Bahrain ($316k).

Imports In 2022, Kuwait imported $171M in Knit Men's Suits, becoming the 22nd largest importer of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 87th most imported product in Kuwait. Kuwait imports Knit Men's Suits primarily from: China ($48.7M), Bangladesh ($18.3M), India ($13.7M), United Arab Emirates ($13.5M), and Pakistan ($11.5M).

The fastest growing import markets in Knit Men's Suits for Kuwait between 2021 and 2022 were China ($23.1M), Bangladesh ($15.7M), and Pakistan ($8.42M).

Latest Trends

Oct 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 Knit Men's Suits. 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)$9.01M
IMPORTS (2022)$171M
NET TRADE (2022)-$162M

In 2022, Kuwait exported $9.01M in Knit Men's Suits. The main destinations of Kuwait exports on Knit Men's Suits were Saudi Arabia ($4.95M), Iraq ($2.96M), Bahrain ($336k), United Arab Emirates ($294k), and Qatar ($191k).

In 2022, Kuwait imported $171M in Knit Men's Suits, mainly from China ($48.7M), Bangladesh ($18.3M), India ($13.7M), United Arab Emirates ($13.5M), and Pakistan ($11.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Suits EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Saudi Arabia$4.66M (1.64k%)
Iraq$2.56M (644%)
Bahrain$316k (1.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Suits BY Kuwait WERE (2021 - 2022):
Spain-$3.15k (-42.8%)
Paraguay-$2.74k (-100%)
Portugal-$2.36k (-48.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Knit Men's Suits were:
In 2022, Kuwait's main importing competitors in Knit Men's Suits were:

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Trade Value of Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSaudi Arabia+ $818k
TOP IMPORT POTENTIALBangladesh+ $6.25M

Knit Men's Suits’s highest export potential is Saudi Arabia. With an export gap of $818k.   Knit Men's Suits’s highest import potential is Bangladesh with an import gap of $6.25M.

See methodology.

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