2023
Exports
$97.7kWorld Rnk 126 / 147
Flag Rnk 528 / 991
2023
PRODUCT COMPLEXITY IN Refined Copper
-1.41Rnk 931 / 1025
2023
Imports
$59.2MWorld Rnk 42 / 184
Flag Rnk 135 / 1168
2023
ECONOMIC COMPLEXITY of Kuwait
0.21Rnk 53 / 132

About

Exports In 2023, Kuwait exported $97.7k in Refined Copper, making it the 126th largest exporter of Refined Copper in the world. At the same year, Refined Copper was the 528th most exported product in Kuwait. The main destination of Refined Copper exports from Kuwait are: United Arab Emirates ($86k), Malaysia ($8.2k), Saudi Arabia ($3.38k), and Qatar ($163).

The fastest growing export markets for Refined Copper of Kuwait between 2022 and 2023 were United Arab Emirates ($84.5k), Malaysia ($8.2k), and Saudi Arabia ($3.38k).

Imports In 2023, Kuwait imported $59.2M in Refined Copper, becoming the 42nd largest importer of Refined Copper in the world. At the same year, Refined Copper was the 135th most imported product in Kuwait. Kuwait imports Refined Copper primarily from: Zambia ($56.8M), Russia ($866k), Turkey ($433k), Saudi Arabia ($302k), and Germany ($301k).

The fastest growing import markets in Refined Copper for Kuwait between 2022 and 2023 were Zambia ($56.8M), Russia ($866k), and Turkey ($424k).

Latest Trends

Dec 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 Refined Copper. 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)$97.7k
IMPORTS (2023)$59.2M
NET TRADE (2023)-$59.1M

In 2023, Kuwait exported $97.7k in Refined Copper. The main destinations of Kuwait exports on Refined Copper were United Arab Emirates ($86k), Malaysia ($8.2k), Saudi Arabia ($3.38k), and Qatar ($163).

In 2023, Kuwait imported $59.2M in Refined Copper, mainly from Zambia ($56.8M), Russia ($866k), Turkey ($433k), Saudi Arabia ($302k), and Germany ($301k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Copper EXPORT MARKETS FOR Kuwait WERE (2022 - 2023):
United Arab Emirates$84.5k (5.75k%)
Malaysia$8.2k (1%)
Saudi Arabia$3.38k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Copper BY Kuwait WERE (2022 - 2023):
India-$53.6k (-100%)
Qatar-$392 (-70.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Refined Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $164k
TOP IMPORT POTENTIALChina+ $153k

Refined Copper’s highest export potential is India. With an export gap of $164k.   Refined Copper’s highest import potential is China with an import gap of $153k.

See methodology.

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