2022
Exports
$428kWorld Rnk 91 / 152
Flag Rnk 472 / 947
2022
PRODUCT COMPLEXITY IN Seed Oils
-0.99Rnk 836 / 1025
2022
Imports
$70.9MWorld Rnk 50 / 211
Flag Rnk 180 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $428k in Seed Oils, making it the 91st largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 472nd most exported product in Kuwait. The main destination of Seed Oils exports from Kuwait are: Qatar ($293k), Saudi Arabia ($50.8k), Iraq ($45.7k), Bahrain ($37.7k), and United Arab Emirates ($262).

The fastest growing export markets for Seed Oils of Kuwait between 2021 and 2022 were Qatar ($293k), Saudi Arabia ($50.8k), and Iraq ($45.7k).

Imports In 2022, Kuwait imported $70.9M in Seed Oils, becoming the 50th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 180th most imported product in Kuwait. Kuwait imports Seed Oils primarily from: Saudi Arabia ($38.2M), United Arab Emirates ($21.3M), Turkey ($5.69M), Oman ($1.8M), and Bulgaria ($1.11M).

The fastest growing import markets in Seed Oils for Kuwait between 2021 and 2022 were Saudi Arabia ($27.8M), United Arab Emirates ($14.2M), and Turkey ($3.06M).

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 Seed Oils. 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)$428k
IMPORTS (2022)$70.9M
NET TRADE (2022)-$70.5M

In 2022, Kuwait exported $428k in Seed Oils. The main destinations of Kuwait exports on Seed Oils were Qatar ($293k), Saudi Arabia ($50.8k), Iraq ($45.7k), Bahrain ($37.7k), and United Arab Emirates ($262).

In 2022, Kuwait imported $70.9M in Seed Oils, mainly from Saudi Arabia ($38.2M), United Arab Emirates ($21.3M), Turkey ($5.69M), Oman ($1.8M), and Bulgaria ($1.11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Qatar$293k (1%)
Saudi Arabia$50.8k (1%)
Iraq$45.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Kuwait WERE (2021 - 2022):
Jordan-$1.77k (-100%)
Canada-$330 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Seed Oils were:
Ukraine $5.54B
Russia $3.01B
Turkey $1.88B
In 2022, Kuwait's main importing competitors in Seed Oils were:

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIraq+ $86.8k
TOP IMPORT POTENTIALUkraine+ $3.2M

Seed Oils’s highest export potential is Iraq. With an export gap of $86.8k.   Seed Oils’s highest import potential is Ukraine with an import gap of $3.2M.

See methodology.

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