2022
Exports
$59.6kWorld Rnk 82 / 117
Flag Rnk 682 / 947
2022
PRODUCT COMPLEXITY IN Metal Lathes
1.68Rnk 29 / 1025
2022
Imports
$2.36MWorld Rnk 80 / 189
Flag Rnk 728 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $59.6k in Metal Lathes, making it the 82nd largest exporter of Metal Lathes in the world. At the same year, Metal Lathes was the 682nd most exported product in Kuwait. The main destination of Metal Lathes exports from Kuwait are: Italy ($53.2k) and Iraq ($6.47k).

The fastest growing export markets for Metal Lathes of Kuwait between 2021 and 2022 were Italy ($53.2k) and Iraq ($6.47k).

Imports In 2022, Kuwait imported $2.36M in Metal Lathes, becoming the 80th largest importer of Metal Lathes in the world. At the same year, Metal Lathes was the 728th most imported product in Kuwait. Kuwait imports Metal Lathes primarily from: Chinese Taipei ($583k), United States ($327k), Poland ($310k), China ($304k), and South Korea ($179k).

The fastest growing import markets in Metal Lathes for Kuwait between 2021 and 2022 were Chinese Taipei ($525k), Poland ($310k), and United States ($207k).

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 Metal Lathes. 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)$59.6k
IMPORTS (2022)$2.36M
NET TRADE (2022)-$2.3M

In 2022, Kuwait exported $59.6k in Metal Lathes. The main destinations of Kuwait exports on Metal Lathes were Italy ($53.2k) and Iraq ($6.47k).

In 2022, Kuwait imported $2.36M in Metal Lathes, mainly from Chinese Taipei ($583k), United States ($327k), Poland ($310k), China ($304k), and South Korea ($179k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Lathes EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Italy$53.2k (1%)
Iraq$6.47k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Lathes BY Kuwait WERE (2021 - 2022):
Germany-$10k (-100%)
Bahrain-$2.24k (-100%)
Saudi Arabia-$835 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Metal Lathes were:
In 2022, Kuwait's main importing competitors in Metal Lathes were:

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Trade Value of Metal Lathes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $22.6k
TOP IMPORT POTENTIALChina+ $156k

Metal Lathes’s highest export potential is Italy. With an export gap of $22.6k.   Metal Lathes’s highest import potential is China with an import gap of $156k.

See methodology.

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