2010
Exports
$17.7kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2010
Imports
$622kWorld Rnk 75 / 185
Flag Rnk 912 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Imports In 2022, Kuwait imported $622k in Nitric Acids, becoming the 75th largest importer of Nitric Acids in the world. At the same year, Nitric Acids was the 912th most imported product in Kuwait. Kuwait imports Nitric Acids primarily from: India ($175k), China ($164k), Saudi Arabia ($125k), United Arab Emirates ($95.9k), and South Korea ($54.1k).

The fastest growing import markets in Nitric Acids for Kuwait between 2021 and 2022 were China ($151k), Saudi Arabia ($125k), and United Arab Emirates ($95.9k).

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 Nitric Acids. 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 (2010)$17.7k
IMPORTS (2022)$622k
NET TRADE (2022)-$622k

In 2022, Kuwait imported $622k in Nitric Acids, mainly from India ($175k), China ($164k), Saudi Arabia ($125k), United Arab Emirates ($95.9k), and South Korea ($54.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Nitric Acids were:
In 2022, Kuwait's main importing competitors in Nitric Acids were:
Germany $83.3M
France $64.3M
Japan $47.6M

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Trade Value of Nitric Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $281
TOP IMPORT POTENTIALSouth Korea+ $30k

Nitric Acids’s highest export potential is Germany. With an export gap of $281.   Nitric Acids’s highest import potential is South Korea with an import gap of $30k.

See methodology.

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