2022
Exports
$6.12kWorld Rnk 138 / 166
Flag Rnk 842 / 947
2022
PRODUCT COMPLEXITY IN Locust beans, seaweed, sugar beet, cane, for food
-1.76Rnk 977 / 1025
2022
Imports
$4.5MWorld Rnk 47 / 197
Flag Rnk 617 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $6.12k in Locust beans, seaweed, sugar beet, cane, for food, making it the 138th largest exporter of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 842nd most exported product in Kuwait. The main destination of Locust beans, seaweed, sugar beet, cane, for food exports from Kuwait are: Saudi Arabia ($5.46k), Bahrain ($599), and Lithuania ($56).

The fastest growing export markets for Locust beans, seaweed, sugar beet, cane, for food of Kuwait between 2021 and 2022 were Lithuania ($56).

Imports In 2022, Kuwait imported $4.5M in Locust beans, seaweed, sugar beet, cane, for food, becoming the 47th largest importer of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 617th most imported product in Kuwait. Kuwait imports Locust beans, seaweed, sugar beet, cane, for food primarily from: China ($1.18M), Egypt ($1.16M), Russia ($433k), Jordan ($326k), and United Arab Emirates ($223k).

The fastest growing import markets in Locust beans, seaweed, sugar beet, cane, for food for Kuwait between 2021 and 2022 were Egypt ($469k), Russia ($433k), and Saudi Arabia ($213k).

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 Locust beans, seaweed, sugar beet, cane, for food. 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)$6.12k
IMPORTS (2022)$4.5M
NET TRADE (2022)-$4.49M

In 2022, Kuwait exported $6.12k in Locust beans, seaweed, sugar beet, cane, for food. The main destinations of Kuwait exports on Locust beans, seaweed, sugar beet, cane, for food were Saudi Arabia ($5.46k), Bahrain ($599), and Lithuania ($56).

In 2022, Kuwait imported $4.5M in Locust beans, seaweed, sugar beet, cane, for food, mainly from China ($1.18M), Egypt ($1.16M), Russia ($433k), Jordan ($326k), and United Arab Emirates ($223k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Locust beans, seaweed, sugar beet, cane, for food EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):Lithuania$56 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locust beans, seaweed, sugar beet, cane, for food BY Kuwait WERE (2021 - 2022):
Saudi Arabia-$194k (-97.3%)
Qatar-$128k (-100%)
Oman-$655 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Locust beans, seaweed, sugar beet, cane, for food were:
In 2022, Kuwait's main importing competitors in Locust beans, seaweed, sugar beet, cane, for food were:
Italy $253M
China $202M
Spain $182M

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Trade Value of Locust beans, seaweed, sugar beet, cane, for food by Exporters

Potential Exports

Potential Exports

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View
TOP EXPORT POTENTIALSaudi Arabia+ $5.65k
TOP IMPORT POTENTIALChina+ $334k

Locust beans, seaweed, sugar beet, cane, for food’s highest export potential is Saudi Arabia. With an export gap of $5.65k.   Locust beans, seaweed, sugar beet, cane, for food’s highest import potential is China with an import gap of $334k.

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