2023
Exports
$2.52MWorld Rnk 86 / 206
Flag Rnk 153 / 991
2023
PRODUCT COMPLEXITY IN Refrigerators
0.59Rnk 333 / 1025
2023
Imports
$115MWorld Rnk 68 / 225
Flag Rnk 73 / 1168
2023
ECONOMIC COMPLEXITY of Kuwait
0.21Rnk 53 / 132

About

Exports In 2023, Kuwait exported $2.52M in Refrigerators, making it the 86th largest exporter of Refrigerators in the world. At the same year, Refrigerators was the 153rd most exported product in Kuwait. The main destination of Refrigerators exports from Kuwait are: Qatar ($1.01M), United Arab Emirates ($888k), Iraq ($139k), Bahrain ($104k), and Iran ($73.5k).

The fastest growing export markets for Refrigerators of Kuwait between 2022 and 2023 were United Arab Emirates ($703k), Bahrain ($96.9k), and Qatar ($88.5k).

Imports In 2023, Kuwait imported $115M in Refrigerators, becoming the 68th largest importer of Refrigerators in the world. At the same year, Refrigerators was the 73rd most imported product in Kuwait. Kuwait imports Refrigerators primarily from: China ($39.4M), Thailand ($13.2M), Italy ($13.1M), Turkey ($9.25M), and United States ($7.95M).

The fastest growing import markets in Refrigerators for Kuwait between 2022 and 2023 were United States ($2.08M), France ($1.31M), and Sweden ($668k).

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 Refrigerators. 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)$2.52M
IMPORTS (2023)$115M
NET TRADE (2023)-$112M

In 2023, Kuwait exported $2.52M in Refrigerators. The main destinations of Kuwait exports on Refrigerators were Qatar ($1.01M), United Arab Emirates ($888k), Iraq ($139k), Bahrain ($104k), and Iran ($73.5k).

In 2023, Kuwait imported $115M in Refrigerators, mainly from China ($39.4M), Thailand ($13.2M), Italy ($13.1M), Turkey ($9.25M), and United States ($7.95M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refrigerators EXPORT MARKETS FOR Kuwait WERE (2022 - 2023):
Bahrain$96.9k (1.41k%)
Qatar$88.5k (9.62%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refrigerators BY Kuwait WERE (2022 - 2023):
Saudi Arabia-$111k (-77.4%)
Iraq-$84.6k (-37.9%)
Oman-$76.8k (-98.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Kuwait's main exporting competitors in Refrigerators were:
China $16.4B
Mexico $7.25B
Italy $4.25B
In 2023, Kuwait's main importing competitors in Refrigerators were:

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Trade Value of Refrigerators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $532k
TOP IMPORT POTENTIALChina+ $13.9M

Refrigerators’s highest export potential is Saudi Arabia. With an export gap of $532k.   Refrigerators’s highest import potential is China with an import gap of $13.9M.

See methodology.

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