2022
Exports
$35.3MWorld Rnk 59 / 224
Flag Rnk 38 / 96
2022
PRODUCT COMPLEXITY IN Leather articles
-0.063Rnk 569 / 1025
2022
Imports
$454MWorld Rnk 39 / 225
Flag Rnk 36 / 96
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $35.3M in Leather articles, making it the 59th largest exporter of Leather articles in the world. At the same year, Leather articles was the 38th most exported product in Kuwait. The main destination of Leather articles exports from Kuwait are: Saudi Arabia ($11.4M), Qatar ($8.38M), United Arab Emirates ($8.19M), Italy ($3.62M), and Spain ($973k).

The fastest growing export markets for Leather articles of Kuwait between 2021 and 2022 were Saudi Arabia ($10M), Qatar ($7.4M), and United Arab Emirates ($6.56M).

Imports In 2022, Kuwait imported $454M in Leather articles, becoming the 39th largest importer of Leather articles in the world. At the same year, Leather articles was the 36th most imported product in Kuwait. Kuwait imports Leather articles primarily from: China ($169M), Italy ($65.8M), France ($61.8M), United Arab Emirates ($29.5M), and Cambodia ($21M).

The fastest growing import markets in Leather articles for Kuwait between 2021 and 2022 were China ($95.9M), Italy ($29.2M), and France ($21.4M).

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 Leather articles. 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)$35.3M
IMPORTS (2022)$454M
NET TRADE (2022)-$419M

In 2022, Kuwait exported $35.3M in Leather articles. The main destinations of Kuwait exports on Leather articles were Saudi Arabia ($11.4M), Qatar ($8.38M), United Arab Emirates ($8.19M), Italy ($3.62M), and Spain ($973k).

In 2022, Kuwait imported $454M in Leather articles, mainly from China ($169M), Italy ($65.8M), France ($61.8M), United Arab Emirates ($29.5M), and Cambodia ($21M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather articles EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Saudi Arabia$10M (713%)
Qatar$7.4M (757%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather articles BY Kuwait WERE (2021 - 2022):
Switzerland-$54.9k (-16%)
Germany-$29k (-75.7%)
Bahrain-$27.9k (-63.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Leather articles were:
China $36.3B
France $12.5B
Italy $11.3B
In 2022, Kuwait's main importing competitors in Leather articles were:

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Trade Value of Leather articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $2.75M
TOP IMPORT POTENTIALChina+ $19.7M

Leather articles’s highest export potential is Saudi Arabia. With an export gap of $2.75M.   Leather articles’s highest import potential is China with an import gap of $19.7M.

See methodology.

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