2022
Exports
$210kWorld Rnk 80 / 131
Flag Rnk 557 / 947
2022
PRODUCT COMPLEXITY IN Rubber
-2.24Rnk 1010 / 1025
2022
Imports
$660kWorld Rnk 98 / 192
Flag Rnk 907 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $210k in Rubber, making it the 80th largest exporter of Rubber in the world. At the same year, Rubber was the 557th most exported product in Kuwait. The main destination of Rubber exports from Kuwait are: Saudi Arabia ($141k), Iraq ($57.8k), United Arab Emirates ($10.2k), Japan ($983), and Jordan ($425).

The fastest growing export markets for Rubber of Kuwait between 2021 and 2022 were Saudi Arabia ($141k), Iraq ($57.8k), and United Arab Emirates ($10.2k).

Imports In 2022, Kuwait imported $660k in Rubber, becoming the 98th largest importer of Rubber in the world. At the same year, Rubber was the 907th most imported product in Kuwait. Kuwait imports Rubber primarily from: Sri Lanka ($213k), China ($167k), Egypt ($103k), Denmark ($39.5k), and United States ($37.5k).

The fastest growing import markets in Rubber for Kuwait between 2021 and 2022 were Sri Lanka ($125k), China ($116k), and Egypt ($48k).

Latest Trends

Oct 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 Rubber. 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)$210k
IMPORTS (2022)$660k
NET TRADE (2022)-$450k

In 2022, Kuwait exported $210k in Rubber. The main destinations of Kuwait exports on Rubber were Saudi Arabia ($141k), Iraq ($57.8k), United Arab Emirates ($10.2k), Japan ($983), and Jordan ($425).

In 2022, Kuwait imported $660k in Rubber, mainly from Sri Lanka ($213k), China ($167k), Egypt ($103k), Denmark ($39.5k), and United States ($37.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Saudi Arabia$141k (1%)
Iraq$57.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber BY Kuwait WERE (2021 - 2022):Iran-$10.9M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Rubber were:
In 2022, Kuwait's main importing competitors in Rubber were:

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Trade Value of Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $10.6k
TOP IMPORT POTENTIALChina+ $25.1k

Rubber’s highest export potential is United Arab Emirates. With an export gap of $10.6k.   Rubber’s highest import potential is China with an import gap of $25.1k.

See methodology.

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