2023
Exports
$118kWorld Rnk 109 / 121
Flag Rnk 502 / 991
2023
PRODUCT COMPLEXITY IN Passenger and Cargo Ships
-0.44Rnk 679 / 1025
2023
Imports
$35.9MWorld Rnk 75 / 183
Flag Rnk 201 / 1168
2023
ECONOMIC COMPLEXITY of Kuwait
0.21Rnk 53 / 132

About

Exports In 2023, Kuwait exported $118k in Passenger and Cargo Ships, making it the 109th largest exporter of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 502nd most exported product in Kuwait. The main destination of Passenger and Cargo Ships exports from Kuwait are: Iraq ($105k), Oman ($9.9k), Saudi Arabia ($3.26k), and Greece ($326).

The fastest growing export markets for Passenger and Cargo Ships of Kuwait between 2022 and 2023 were Iraq ($105k) and Greece ($326).

Imports In 2023, Kuwait imported $35.9M in Passenger and Cargo Ships, becoming the 75th largest importer of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 201st most imported product in Kuwait. Kuwait imports Passenger and Cargo Ships primarily from: India ($23.6M), United Arab Emirates ($10.5M), South Korea ($1.34M), United States ($176k), and Saudi Arabia ($124k).

The fastest growing import markets in Passenger and Cargo Ships for Kuwait between 2022 and 2023 were India ($23.6M), United Arab Emirates ($6.5M), and South Korea ($1.34M).

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 Passenger and Cargo Ships. 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)$118k
IMPORTS (2023)$35.9M
NET TRADE (2023)-$35.8M

In 2023, Kuwait exported $118k in Passenger and Cargo Ships. The main destinations of Kuwait exports on Passenger and Cargo Ships were Iraq ($105k), Oman ($9.9k), Saudi Arabia ($3.26k), and Greece ($326).

In 2023, Kuwait imported $35.9M in Passenger and Cargo Ships, mainly from India ($23.6M), United Arab Emirates ($10.5M), South Korea ($1.34M), United States ($176k), and Saudi Arabia ($124k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Passenger and Cargo Ships EXPORT MARKETS FOR Kuwait WERE (2022 - 2023):
Iraq$105k (1%)
Greece$326 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Passenger and Cargo Ships BY Kuwait WERE (2022 - 2023):
South Korea-$48M (-100%)
Maldives-$608k (-100%)
Saudi Arabia-$197k (-98.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Kuwait's main exporting competitors in Passenger and Cargo Ships were:
China $18.1B
Japan $9.72B
Germany $3.54B
In 2023, Kuwait's main importing competitors in Passenger and Cargo Ships were:

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Trade Value of Passenger and Cargo Ships by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSaudi Arabia+ $1.15M
TOP IMPORT POTENTIALUnited States+ $54.2k

Passenger and Cargo Ships’s highest export potential is Saudi Arabia. With an export gap of $1.15M.   Passenger and Cargo Ships’s highest import potential is United States with an import gap of $54.2k.

See methodology.

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