2022
Exports
$47.3MWorld Rnk 45 / 137
Flag Rnk 56 / 947
2022
PRODUCT COMPLEXITY IN Passenger and Cargo Ships
-0.47Rnk 691 / 1025
2022
Imports
$9.25MWorld Rnk 96 / 185
Flag Rnk 503 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $47.3M in Passenger and Cargo Ships, making it the 45th largest exporter of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 56th most exported product in Kuwait. The main destination of Passenger and Cargo Ships exports from Kuwait are: South Korea ($43.7M), Maldives ($2M), Saudi Arabia ($649k), United Arab Emirates ($435k), and Bahrain ($231k).

The fastest growing export markets for Passenger and Cargo Ships of Kuwait between 2021 and 2022 were South Korea ($43.7M), Maldives ($2M), and Saudi Arabia ($639k).

Imports In 2022, Kuwait imported $9.25M in Passenger and Cargo Ships, becoming the 96th largest importer of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 503rd most imported product in Kuwait. Kuwait imports Passenger and Cargo Ships primarily from: United Arab Emirates ($5.39M), Turkey ($3.4M), United States ($242k), Bahrain ($209k), and China ($4.43k).

The fastest growing import markets in Passenger and Cargo Ships for Kuwait between 2021 and 2022 were Turkey ($3.4M) and United Arab Emirates ($3.01M).

Latest Trends

Sep 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 (2022)$47.3M
IMPORTS (2022)$9.25M
NET TRADE (2022)$38M

In 2022, Kuwait exported $47.3M in Passenger and Cargo Ships. The main destinations of Kuwait exports on Passenger and Cargo Ships were South Korea ($43.7M), Maldives ($2M), Saudi Arabia ($649k), United Arab Emirates ($435k), and Bahrain ($231k).

In 2022, Kuwait imported $9.25M in Passenger and Cargo Ships, mainly from United Arab Emirates ($5.39M), Turkey ($3.4M), United States ($242k), Bahrain ($209k), and China ($4.43k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Passenger and Cargo Ships EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
South Korea$43.7M (1%)
Maldives$2M (1%)
Saudi Arabia$639k (6.76k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Passenger and Cargo Ships BY Kuwait WERE (2021 - 2022):
United Arab Emirates-$2.45M (-84.9%)
Iran-$139k (-100%)
Qatar-$16.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Passenger and Cargo Ships were:
In 2022, 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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