2023
Exports
$15.1MWorld Rnk 86 / 226
Flag Rnk 58 / 991
2023
PRODUCT COMPLEXITY IN Motor vehicles; parts and accessories (8701 to 8705)
1.12Rnk 138 / 1025
2023
Imports
$329MWorld Rnk 65 / 226
Flag Rnk 16 / 1168
2023
ECONOMIC COMPLEXITY of Kuwait
0.21Rnk 53 / 132

About

Exports In 2023, Kuwait exported $15.1M in Motor vehicles; parts and accessories (8701 to 8705), making it the 86th largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 58th most exported product in Kuwait. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Kuwait are: Singapore ($4.37M), Hong Kong ($1.91M), United Arab Emirates ($1.54M), China ($1.47M), and Iraq ($1.2M).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Kuwait between 2022 and 2023 were China ($646k), Netherlands ($364k), and United States ($233k).

Imports In 2023, Kuwait imported $329M in Motor vehicles; parts and accessories (8701 to 8705), becoming the 65th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 16th most imported product in Kuwait. Kuwait imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: Japan ($61.5M), United States ($54.5M), China ($53.9M), Germany ($18.5M), and Chinese Taipei ($18.4M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Kuwait between 2022 and 2023 were Japan ($18.6M), Chinese Taipei ($3.61M), and United States ($3.57M).

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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 Motor vehicles; parts and accessories (8701 to 8705). Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$15.1M
IMPORTS (2023)$329M
NET TRADE (2023)-$314M

In 2023, Kuwait exported $15.1M in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of Kuwait exports on Motor vehicles; parts and accessories (8701 to 8705) were Singapore ($4.37M), Hong Kong ($1.91M), United Arab Emirates ($1.54M), China ($1.47M), and Iraq ($1.2M).

In 2023, Kuwait imported $329M in Motor vehicles; parts and accessories (8701 to 8705), mainly from Japan ($61.5M), United States ($54.5M), China ($53.9M), Germany ($18.5M), and Chinese Taipei ($18.4M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR Kuwait WERE (2022 - 2023):
China$646k (78.4%)
Netherlands$364k (3.15k%)
United States$233k (49.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY Kuwait WERE (2022 - 2023):
Egypt-$3.32M (-81%)
Singapore-$3.16M (-42%)
Hong Kong-$843k (-30.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Kuwait's main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:
Germany $69.4B
China $49.1B
Mexico $41.1B
In 2023, Kuwait's main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

Explore Visualizations

Trade Value of Motor vehicles; parts and accessories (8701 to 8705) by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.01M
TOP IMPORT POTENTIALChina+ $31.4M

Motor vehicles; parts and accessories (8701 to 8705)’s highest export potential is China. With an export gap of $5.01M.   Motor vehicles; parts and accessories (8701 to 8705)’s highest import potential is China with an import gap of $31.4M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with