2023
Exports
$3.19MWorld Rnk 37 / 103
Flag Rnk 139 / 991
2023
PRODUCT COMPLEXITY IN Sheep and Goats
-1.62Rnk 962 / 1025
2023
Imports
$283MWorld Rnk 3 / 143
Flag Rnk 21 / 1168
2023
ECONOMIC COMPLEXITY of Kuwait
0.21Rnk 53 / 132

About

Exports In 2023, Kuwait exported $3.19M in Sheep and Goats, making it the 37th largest exporter of Sheep and Goats in the world. At the same year, Sheep and Goats was the 139th most exported product in Kuwait. The main destination of Sheep and Goats exports from Kuwait are: Qatar ($1.73M), Saudi Arabia ($1.26M), United Arab Emirates ($106k), Jordan ($93.9k), and Iraq ($1.63k).

The fastest growing export markets for Sheep and Goats of Kuwait between 2022 and 2023 were Qatar ($289k), United Arab Emirates ($21k), and Iraq ($1.63k).

Imports In 2023, Kuwait imported $283M in Sheep and Goats, becoming the 3rd largest importer of Sheep and Goats in the world. At the same year, Sheep and Goats was the 21st most imported product in Kuwait. Kuwait imports Sheep and Goats primarily from: Oman ($163M), Iran ($72.4M), Australia ($17.9M), Saudi Arabia ($11.5M), and Turkey ($9.02M).

The fastest growing import markets in Sheep and Goats for Kuwait between 2022 and 2023 were Oman ($162M), Iran ($3.73M), and Georgia ($3.18M).

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 Sheep and Goats. 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)$3.19M
IMPORTS (2023)$283M
NET TRADE (2023)-$280M

In 2023, Kuwait exported $3.19M in Sheep and Goats. The main destinations of Kuwait exports on Sheep and Goats were Qatar ($1.73M), Saudi Arabia ($1.26M), United Arab Emirates ($106k), Jordan ($93.9k), and Iraq ($1.63k).

In 2023, Kuwait imported $283M in Sheep and Goats, mainly from Oman ($163M), Iran ($72.4M), Australia ($17.9M), Saudi Arabia ($11.5M), and Turkey ($9.02M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Sheep and Goats EXPORT MARKETS FOR Kuwait WERE (2022 - 2023):
Qatar$289k (20.1%)
Iraq$1.63k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sheep and Goats BY Kuwait WERE (2022 - 2023):
Saudi Arabia-$16.4M (-92.8%)
Bahrain-$446k (-100%)
Jordan-$64.1k (-40.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Kuwait's main exporting competitors in Sheep and Goats were:
Sudan $693M
Iran $337M
In 2023, Kuwait's main importing competitors in Sheep and Goats were:

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Trade Value of Sheep and Goats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALQatar+ $346k
TOP IMPORT POTENTIALSomalia+ $1.86M

Sheep and Goats’s highest export potential is Qatar. With an export gap of $346k.   Sheep and Goats’s highest import potential is Somalia with an import gap of $1.86M.

See methodology.

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