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2022
Exports $89.4MWorld Rnk 41 / 200
Flag Rnk 34 / 947
falsefalse India
2021 - 2022
FASTEST GROWING MARKETfalseIndia
2022
PRODUCT COMPLEXITY IN Scrap Aluminium-0.74Rnk 767 / 1025
2022
Imports $9.43kWorld Rnk 133 / 157
Flag Rnk 1132 / 1175
2021 - 2022
FASTEST GROWING ORIGINfalsefalse
2022
ECONOMIC COMPLEXITY of Kuwait0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $89.4M in Scrap Aluminium, making it the 41st largest exporter of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 34th most exported product in Kuwait. The main destination of Scrap Aluminium exports from Kuwait are: India ($67.6M), Saudi Arabia ($13.4M), South Korea ($3.41M), Pakistan ($2.36M), and United Arab Emirates ($1.52M).

The fastest growing export markets for Scrap Aluminium of Kuwait between 2021 and 2022 were India ($11.5M), Saudi Arabia ($10.7M), and United Arab Emirates ($891k).

Imports In 2022, Kuwait imported $9.43k in Scrap Aluminium, becoming the 133rd largest importer of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 1132nd most imported product in Kuwait. Kuwait imports Scrap Aluminium primarily from: China ($9.43k).

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 Scrap Aluminium. 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)$89.4M
IMPORTS (2022)$9.43k
NET TRADE (2022)$89.4M

In 2022, Kuwait exported $89.4M in Scrap Aluminium. The main destinations of Kuwait exports on Scrap Aluminium were India ($67.6M), Saudi Arabia ($13.4M), South Korea ($3.41M), Pakistan ($2.36M), and United Arab Emirates ($1.52M).

In 2022, Kuwait imported $9.43k in Scrap Aluminium, mainly from China ($9.43k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Aluminium EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
India$11.5M (20.6%)
Saudi Arabia$10.7M (393%)
United Arab Emirates$891k (142%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Aluminium BY Kuwait WERE (2021 - 2022):
Italy-$1.33M (-90.7%)
Pakistan-$918k (-28%)
Malaysia-$601k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Scrap Aluminium were:
United States $3.83B
Germany $2.28B
Canada $1.36B
In 2022, Kuwait's main importing competitors in Scrap Aluminium were:
India $3.5B
South Korea $1.84B
Germany $1.76B

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Trade Value of Scrap Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $3.14M
TOP IMPORT POTENTIALChina+ $4.96k

Scrap Aluminium’s highest export potential is India. With an export gap of $3.14M.   Scrap Aluminium’s highest import potential is China with an import gap of $4.96k.

See methodology.

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