2023
Exports
$661kWorld Rnk 77 / 181
Flag Rnk 290 / 991
2023
PRODUCT COMPLEXITY IN Optical Fibers and optical fibre bundles
0.96Rnk 190 / 1025
2023
Imports
$16.6MWorld Rnk 71 / 215
Flag Rnk 321 / 1168
2023
ECONOMIC COMPLEXITY of Kuwait
0.21Rnk 53 / 132

About

Exports In 2023, Kuwait exported $661k in Optical Fibers and optical fibre bundles, making it the 77th largest exporter of Optical Fibers and optical fibre bundles in the world. At the same year, Optical Fibers and optical fibre bundles was the 290th most exported product in Kuwait. The main destination of Optical Fibers and optical fibre bundles exports from Kuwait are: Qatar ($351k), Egypt ($98.4k), Saudi Arabia ($59.2k), United Arab Emirates ($37.6k), and Germany ($33.2k).

The fastest growing export markets for Optical Fibers and optical fibre bundles of Kuwait between 2022 and 2023 were Egypt ($98.4k), Iraq ($31.9k), and Bahrain ($1.07k).

Imports In 2023, Kuwait imported $16.6M in Optical Fibers and optical fibre bundles, becoming the 71st largest importer of Optical Fibers and optical fibre bundles in the world. At the same year, Optical Fibers and optical fibre bundles was the 321st most imported product in Kuwait. Kuwait imports Optical Fibers and optical fibre bundles primarily from: South Korea ($6.16M), Ireland ($1.96M), Germany ($1.7M), United States ($1.55M), and China ($1.54M).

The fastest growing import markets in Optical Fibers and optical fibre bundles for Kuwait between 2022 and 2023 were Netherlands ($803k), Germany ($677k), and Ireland ($545k).

Latest Trends

Dec 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 Optical Fibers and optical fibre bundles. 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 (2023)$661k
IMPORTS (2023)$16.6M
NET TRADE (2023)-$16M

In 2023, Kuwait exported $661k in Optical Fibers and optical fibre bundles. The main destinations of Kuwait exports on Optical Fibers and optical fibre bundles were Qatar ($351k), Egypt ($98.4k), Saudi Arabia ($59.2k), United Arab Emirates ($37.6k), and Germany ($33.2k).

In 2023, Kuwait imported $16.6M in Optical Fibers and optical fibre bundles, mainly from South Korea ($6.16M), Ireland ($1.96M), Germany ($1.7M), United States ($1.55M), and China ($1.54M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Optical Fibers and optical fibre bundles EXPORT MARKETS FOR Kuwait WERE (2022 - 2023):
Egypt$98.4k (1%)
Iraq$31.9k (1%)
Bahrain$1.07k (16.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Optical Fibers and optical fibre bundles BY Kuwait WERE (2022 - 2023):
Saudi Arabia-$328k (-84.7%)
Philippines-$139k (-100%)
Oman-$61.4k (-70%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Kuwait's main exporting competitors in Optical Fibers and optical fibre bundles were:
In 2023, Kuwait's main importing competitors in Optical Fibers and optical fibre bundles were:

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Trade Value of Optical Fibers and optical fibre bundles by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSaudi Arabia+ $94.2k
TOP IMPORT POTENTIALChina+ $3.21M

Optical Fibers and optical fibre bundles’s highest export potential is Saudi Arabia. With an export gap of $94.2k.   Optical Fibers and optical fibre bundles’s highest import potential is China with an import gap of $3.21M.

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