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Exports In 2022, Kuwait exported $161k in Olive Oil, making it the 31st largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 582nd most exported product in Kuwait. The main destination of Olive Oil exports from Kuwait are: Saudi Arabia ($111k), Iraq ($47.2k), Bahrain ($2.57k), and Netherlands ($59).

The fastest growing export markets for Olive Oil of Kuwait between 2021 and 2022 were Iraq ($47.2k), Saudi Arabia ($23.6k), and Bahrain ($2.57k).

Imports In 2022, Kuwait imported $7M in Olive Oil, becoming the 17th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 546th most imported product in Kuwait. Kuwait imports Olive Oil primarily from: Spain ($5.35M), United Arab Emirates ($887k), Turkey ($428k), United States ($108k), and Italy ($45.7k).

The fastest growing import markets in Olive Oil for Kuwait between 2021 and 2022 were United Arab Emirates ($676k), Spain ($285k), and United States ($108k).

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 Olive Oil. 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)$161k
IMPORTS (2022)$7M
NET TRADE (2022)-$6.84M

In 2022, Kuwait exported $161k in Olive Oil. The main destinations of Kuwait exports on Olive Oil were Saudi Arabia ($111k), Iraq ($47.2k), Bahrain ($2.57k), and Netherlands ($59).

In 2022, Kuwait imported $7M in Olive Oil, mainly from Spain ($5.35M), United Arab Emirates ($887k), Turkey ($428k), United States ($108k), and Italy ($45.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Iraq$47.2k (1%)
Saudi Arabia$23.6k (27%)
Bahrain$2.57k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY Kuwait WERE (2021 - 2022):
United Arab Emirates-$7.72k (-100%)
Jordan-$132 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Kuwait's main exporting competitors in Olive Oil were:
Spain $322M
Italy $115M
Greece $69.6M
In 2022, Kuwait's main importing competitors in Olive Oil were:

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSaudi Arabia+ $25.6k
TOP IMPORT POTENTIALItaly+ $54.5k

Olive Oil’s highest export potential is Saudi Arabia. With an export gap of $25.6k.   Olive Oil’s highest import potential is Italy with an import gap of $54.5k.

See methodology.

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