2022
Exports
$80.5kWorld Rnk 109 / 200
Flag Rnk 93 / 96
2022
PRODUCT COMPLEXITY IN Musical instruments
1.43Rnk 66 / 1025
2022
Imports
$6.77MWorld Rnk 68 / 224
Flag Rnk 87 / 96
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $80.5k in Musical instruments, making it the 109th largest exporter of Musical instruments in the world. At the same year, Musical instruments was the 93rd most exported product in Kuwait. The main destination of Musical instruments exports from Kuwait are: Saudi Arabia ($31.2k), Qatar ($14.9k), Germany ($12.3k), Lebanon ($8.91k), and United Arab Emirates ($3.28k).

The fastest growing export markets for Musical instruments of Kuwait between 2021 and 2022 were Germany ($12.3k), Qatar ($9.95k), and Lebanon ($8.61k).

Imports In 2022, Kuwait imported $6.77M in Musical instruments, becoming the 68th largest importer of Musical instruments in the world. At the same year, Musical instruments was the 87th most imported product in Kuwait. Kuwait imports Musical instruments primarily from: China ($2.26M), Indonesia ($1.57M), United Arab Emirates ($680k), United States ($566k), and India ($240k).

The fastest growing import markets in Musical instruments for Kuwait between 2021 and 2022 were China ($1.14M), Indonesia ($876k), and United States ($394k).

Latest Trends

Mar 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 Musical instruments. 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)$80.5k
IMPORTS (2022)$6.77M
NET TRADE (2022)-$6.69M

In 2022, Kuwait exported $80.5k in Musical instruments. The main destinations of Kuwait exports on Musical instruments were Saudi Arabia ($31.2k), Qatar ($14.9k), Germany ($12.3k), Lebanon ($8.91k), and United Arab Emirates ($3.28k).

In 2022, Kuwait imported $6.77M in Musical instruments, mainly from China ($2.26M), Indonesia ($1.57M), United Arab Emirates ($680k), United States ($566k), and India ($240k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Musical instruments EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Germany$12.3k (1%)
Qatar$9.95k (200%)
Lebanon$8.61k (2.84k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Musical instruments BY Kuwait WERE (2021 - 2022):
Saudi Arabia-$93k (-74.8%)
United Arab Emirates-$8.13k (-71.3%)
Bahrain-$5.63k (-92.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Musical instruments were:
China $2.53B
Germany $1.01B
In 2022, Kuwait's main importing competitors in Musical instruments were:

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Trade Value of Musical instruments by Exporters

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