2022
Exports
$7.6MWorld Rnk 88 / 221
Flag Rnk 151 / 947
2022
PRODUCT COMPLEXITY IN Knit Sweaters
-1.3Rnk 909 / 1025
2022
Imports
$222MWorld Rnk 40 / 218
Flag Rnk 64 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $7.6M in Knit Sweaters, making it the 88th largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 151st most exported product in Kuwait. The main destination of Knit Sweaters exports from Kuwait are: Saudi Arabia ($5.76M), Spain ($484k), Italy ($438k), United Arab Emirates ($388k), and Iraq ($111k).

The fastest growing export markets for Knit Sweaters of Kuwait between 2021 and 2022 were Saudi Arabia ($5.03M), Spain ($478k), and United Arab Emirates ($202k).

Imports In 2022, Kuwait imported $222M in Knit Sweaters, becoming the 40th largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 64th most imported product in Kuwait. Kuwait imports Knit Sweaters primarily from: China ($63M), Bangladesh ($60.7M), Cambodia ($10.9M), Italy ($8.94M), and Turkey ($8.9M).

The fastest growing import markets in Knit Sweaters for Kuwait between 2021 and 2022 were Bangladesh ($42.3M), Cambodia ($7.81M), and India ($4.97M).

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 Sweaters. 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)$7.6M
IMPORTS (2022)$222M
NET TRADE (2022)-$214M

In 2022, Kuwait exported $7.6M in Knit Sweaters. The main destinations of Kuwait exports on Knit Sweaters were Saudi Arabia ($5.76M), Spain ($484k), Italy ($438k), United Arab Emirates ($388k), and Iraq ($111k).

In 2022, Kuwait imported $222M in Knit Sweaters, mainly from China ($63M), Bangladesh ($60.7M), Cambodia ($10.9M), Italy ($8.94M), and Turkey ($8.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Sweaters EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Saudi Arabia$5.03M (691%)
Spain$478k (7.71k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Sweaters BY Kuwait WERE (2021 - 2022):
Jordan-$115k (-97%)
Netherlands-$22.3k (-21%)
Qatar-$17.7k (-32.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Knit Sweaters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $686k
TOP IMPORT POTENTIALBangladesh+ $18.1M

Knit Sweaters’s highest export potential is Saudi Arabia. With an export gap of $686k.   Knit Sweaters’s highest import potential is Bangladesh with an import gap of $18.1M.

See methodology.

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