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2022
Exports $1.62BWorld Rnk 51 / 226
Flag Rnk 4 / 96
2022
Destination $310M China
2021 - 2022
FASTEST GROWING MARKET $310MChina
2022
PRODUCT COMPLEXITY IN Plastics & articles thereof1.72Rnk 19 / 1025
2022
Imports $1.96BWorld Rnk 63 / 226
Flag Rnk 8 / 96
2022
Origin $350M Saudi Arabia
2021 - 2022
FASTEST GROWING ORIGIN $350MSaudi Arabia
2022
ECONOMIC COMPLEXITY of Kuwait0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $1.62B in Plastics & articles thereof, making it the 51st largest exporter of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 4th most exported product in Kuwait. The main destination of Plastics & articles thereof exports from Kuwait are: China ($484M), Saudi Arabia ($134M), Pakistan ($129M), India ($123M), and United Arab Emirates ($115M).

The fastest growing export markets for Plastics & articles thereof of Kuwait between 2021 and 2022 were China ($310M), Saudi Arabia ($91.5M), and India ($75.3M).

Imports In 2022, Kuwait imported $1.96B in Plastics & articles thereof, becoming the 63rd largest importer of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 8th most imported product in Kuwait. Kuwait imports Plastics & articles thereof primarily from: Saudi Arabia ($524M), China ($477M), United Arab Emirates ($289M), United States ($93M), and Germany ($73.2M).

The fastest growing import markets in Plastics & articles thereof for Kuwait between 2021 and 2022 were Saudi Arabia ($350M), China ($229M), and United Arab Emirates ($183M).

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 Plastics & articles thereof. 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)$1.62B
IMPORTS (2022)$1.96B
NET TRADE (2022)-$340M

In 2022, Kuwait exported $1.62B in Plastics & articles thereof. The main destinations of Kuwait exports on Plastics & articles thereof were China ($484M), Saudi Arabia ($134M), Pakistan ($129M), India ($123M), and United Arab Emirates ($115M).

In 2022, Kuwait imported $1.96B in Plastics & articles thereof, mainly from Saudi Arabia ($524M), China ($477M), United Arab Emirates ($289M), United States ($93M), and Germany ($73.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastics & articles thereof EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
China$310M (179%)
Saudi Arabia$91.5M (216%)
India$75.3M (156%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastics & articles thereof BY Kuwait WERE (2021 - 2022):
Turkey-$2.81M (-6.01%)
Sri Lanka-$2.1M (-13.2%)
Austria-$1.18M (-99.9%)
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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 Plastics & articles thereof were:
China $156B
United States $95.2B
Germany $86.5B
In 2022, Kuwait's main importing competitors in Plastics & articles thereof were:
United States $96.2B
China $73.4B
Germany $59.1B

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Trade Value of Plastics & articles thereof by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $133M
TOP IMPORT POTENTIALChina+ $91.3M

Plastics & articles thereof’s highest export potential is China. With an export gap of $133M.   Plastics & articles thereof’s highest import potential is China with an import gap of $91.3M.

See methodology.

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