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Pricing

2021
Exports $1.12kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2021
Imports $217kWorld Rnk 67 / 202
Flag Rnk 997 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait0.44Rnk 46 / 133

About

Imports In 2022, Kuwait imported $217k in Other Musical Instruments, becoming the 67th largest importer of Other Musical Instruments in the world. At the same year, Other Musical Instruments was the 997th most imported product in Kuwait. Kuwait imports Other Musical Instruments primarily from: China ($70.7k), Germany ($34k), United States ($23.2k), Saudi Arabia ($17k), and United Arab Emirates ($16.9k).

The fastest growing import markets in Other Musical Instruments for Kuwait between 2021 and 2022 were United States ($23k), Germany ($21.6k), and China ($19.8k).

Latest Trends

Jul 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 Other 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 (2021)$1.12k
IMPORTS (2022)$217k
NET TRADE (2022)-$217k

In 2022, Kuwait imported $217k in Other Musical Instruments, mainly from China ($70.7k), Germany ($34k), United States ($23.2k), Saudi Arabia ($17k), and United Arab Emirates ($16.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Musical Instruments BY Kuwait WERE (N/A - 2021):
Saudi Arabia-$715 (-100%)
United Arab Emirates-$250 (-100%)
Denmark-$151 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Other Musical Instruments were:
China $107M
United States $15.2M
Malaysia $7.21M
In 2022, Kuwait's main importing competitors in Other Musical Instruments were:
United States $37.1M
United Kingdom $12.4M
Germany $11.7M

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Trade Value of Other Musical Instruments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $268
TOP IMPORT POTENTIALChina+ $26.1k

Other Musical Instruments’s highest export potential is United States. With an export gap of $268.   Other Musical Instruments’s highest import potential is China with an import gap of $26.1k.

See methodology.

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