2023
Exports
$34.6MWorld Rnk 47 / 176
Flag Rnk 32 / 991
2023
PRODUCT COMPLEXITY IN Precious Metal Scraps
-0.62Rnk 738 / 1025
2023
Imports
$1.83kWorld Rnk 104 / 126
Flag Rnk 1148 / 1168
2023
ECONOMIC COMPLEXITY of Kuwait
0.21Rnk 53 / 132

About

Exports In 2023, Kuwait exported $34.6M in Precious Metal Scraps, making it the 47th largest exporter of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 32nd most exported product in Kuwait. The main destination of Precious Metal Scraps exports from Kuwait are: United Arab Emirates ($33.8M), Poland ($694k), Germany ($68.8k), Pakistan ($66.5k), and Saudi Arabia ($1.51k).

The fastest growing export markets for Precious Metal Scraps of Kuwait between 2022 and 2023 were United Arab Emirates ($13.1M), Poland ($62.7k), and Saudi Arabia ($1.51k).

Imports In 2023, Kuwait imported $1.83k in Precious Metal Scraps, becoming the 104th largest importer of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 1148th most imported product in Kuwait. Kuwait imports Precious Metal Scraps primarily from: United Arab Emirates ($1.46k) and Turkey ($375).

The fastest growing import markets in Precious Metal Scraps for Kuwait between 2022 and 2023 were United Arab Emirates ($1.46k) and Turkey ($375).

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 Precious Metal Scraps. 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)$34.6M
IMPORTS (2023)$1.83k
NET TRADE (2023)$34.6M

In 2023, Kuwait exported $34.6M in Precious Metal Scraps. The main destinations of Kuwait exports on Precious Metal Scraps were United Arab Emirates ($33.8M), Poland ($694k), Germany ($68.8k), Pakistan ($66.5k), and Saudi Arabia ($1.51k).

In 2023, Kuwait imported $1.83k in Precious Metal Scraps, mainly from United Arab Emirates ($1.46k) and Turkey ($375).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Scraps EXPORT MARKETS FOR Kuwait WERE (2022 - 2023):
United Arab Emirates$13.1M (63.2%)
Poland$62.7k (9.94%)
Saudi Arabia$1.51k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Scraps BY Kuwait WERE (2022 - 2023):
India-$82.1M (-100%)
Germany-$242k (-77.9%)
Pakistan-$5.01k (-7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Kuwait's main exporting competitors in Precious Metal Scraps were:
In 2023, Kuwait's main importing competitors in Precious Metal Scraps were:

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Trade Value of Precious Metal Scraps by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $2.06M
TOP IMPORT POTENTIALItaly+ $17.7k

Precious Metal Scraps’s highest export potential is Germany. With an export gap of $2.06M.   Precious Metal Scraps’s highest import potential is Italy with an import gap of $17.7k.

See methodology.

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