2022
Exports
$1.28MWorld Rnk 90 / 175
Flag Rnk 328 / 947
2022
PRODUCT COMPLEXITY IN Processed Crustaceans
-1.65Rnk 967 / 1025
2022
Imports
$22.4MWorld Rnk 45 / 224
Flag Rnk 360 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $1.28M in Processed Crustaceans, making it the 90th largest exporter of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 328th most exported product in Kuwait. The main destination of Processed Crustaceans exports from Kuwait are: Qatar ($825k), United Arab Emirates ($339k), and Bahrain ($119k).

The fastest growing export markets for Processed Crustaceans of Kuwait between 2021 and 2022 were Qatar ($407k), United Arab Emirates ($312k), and Bahrain ($119k).

Imports In 2022, Kuwait imported $22.4M in Processed Crustaceans, becoming the 45th largest importer of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 360th most imported product in Kuwait. Kuwait imports Processed Crustaceans primarily from: Saudi Arabia ($11.4M), United Arab Emirates ($4.65M), Vietnam ($1.71M), Canada ($534k), and Turkey ($479k).

The fastest growing import markets in Processed Crustaceans for Kuwait between 2021 and 2022 were Saudi Arabia ($8.69M), United Arab Emirates ($3.1M), and Vietnam ($632k).

Latest Trends

Jul 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 Processed Crustaceans. 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)$1.28M
IMPORTS (2022)$22.4M
NET TRADE (2022)-$21.1M

In 2022, Kuwait exported $1.28M in Processed Crustaceans. The main destinations of Kuwait exports on Processed Crustaceans were Qatar ($825k), United Arab Emirates ($339k), and Bahrain ($119k).

In 2022, Kuwait imported $22.4M in Processed Crustaceans, mainly from Saudi Arabia ($11.4M), United Arab Emirates ($4.65M), Vietnam ($1.71M), Canada ($534k), and Turkey ($479k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Crustaceans EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Qatar$407k (97.6%)
United Arab Emirates$312k (1.17k%)
Bahrain$119k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Crustaceans BY Kuwait WERE (2021 - 2022):Iraq-$56k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Processed Crustaceans were:
China $4.44B
Vietnam $2.42B
In 2022, Kuwait's main importing competitors in Processed Crustaceans were:

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Trade Value of Processed Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.52k
TOP IMPORT POTENTIALVietnam+ $570k

Processed Crustaceans’s highest export potential is United States. With an export gap of $2.52k.   Processed Crustaceans’s highest import potential is Vietnam with an import gap of $570k.

See methodology.

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