2023
Exports
$1.02MWorld Rnk 59 / 110
Flag Rnk 248 / 991
2023
PRODUCT COMPLEXITY IN Platinum
0.86Rnk 225 / 1025
2023
Imports
$108kWorld Rnk 80 / 146
Flag Rnk 990 / 1168
2023
ECONOMIC COMPLEXITY of Kuwait
0.21Rnk 53 / 132

About

Exports In 2023, Kuwait exported $1.02M in Platinum, making it the 59th largest exporter of Platinum in the world. At the same year, Platinum was the 248th most exported product in Kuwait. The main destination of Platinum exports from Kuwait are: Egypt ($595k) and United Arab Emirates ($421k).

The fastest growing export markets for Platinum of Kuwait between 2022 and 2023 were Egypt ($595k) and United Arab Emirates ($421k).

Imports In 2023, Kuwait imported $108k in Platinum, becoming the 80th largest importer of Platinum in the world. At the same year, Platinum was the 990th most imported product in Kuwait. Kuwait imports Platinum primarily from: United States ($42.8k), United Arab Emirates ($32.5k), Switzerland ($31.7k), and Lithuania ($1.02k).

The fastest growing import markets in Platinum for Kuwait between 2022 and 2023 were Switzerland ($31.7k) and Lithuania ($1.02k).

Latest Trends

Jan 2025

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 Platinum. 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)$1.02M
IMPORTS (2023)$108k
NET TRADE (2023)$907k

In 2023, Kuwait exported $1.02M in Platinum. The main destinations of Kuwait exports on Platinum were Egypt ($595k) and United Arab Emirates ($421k).

In 2023, Kuwait imported $108k in Platinum, mainly from United States ($42.8k), United Arab Emirates ($32.5k), Switzerland ($31.7k), and Lithuania ($1.02k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Platinum EXPORT MARKETS FOR Kuwait WERE (2022 - 2023):
Egypt$595k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Platinum BY Kuwait WERE (2022 - 2023):
India-$418k (-100%)
France-$163k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Kuwait's main exporting competitors in Platinum were:
In 2023, Kuwait's main importing competitors in Platinum were:

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Trade Value of Platinum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $163k
TOP IMPORT POTENTIALUnited States+ $114k

Platinum’s highest export potential is India. With an export gap of $163k.   Platinum’s highest import potential is United States with an import gap of $114k.

See methodology.

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