2022
Exports | Imports
$54.6M | $164MWorld Rnk 68 / 188
Flag Rnk 31 / 96
World Rnk 70 / 223
Flag Rnk 55 / 96
2022
ECONOMIC COMPLEXITY of Kuwait
0.16Rnk 53 / 124
2022
PRODUCT COMPLEXITY IN Ships, boats, & floating structures
0.37Rnk 423 / 1025

About

Exports In 2022, Kuwait exported $54.6M in Ships, boats, & floating structures, making it the 68th largest exporter of Ships, boats, & floating structures in the world. At the same year, Ships, boats, & floating structures was the 31st most exported product in Kuwait. The main destination of Ships, boats, & floating structures exports from Kuwait are: South Korea ($43.7M), Maldives ($2.98M), United States ($2.08M), United Arab Emirates ($1.29M), and Saudi Arabia ($1.17M).

The fastest growing export markets for Ships, boats, & floating structures of Kuwait between 2021 and 2022 were South Korea ($43.7M), Maldives ($2.98M), and United States ($1.88M).

Imports In 2022, Kuwait imported $164M in Ships, boats, & floating structures, becoming the 70th largest importer of Ships, boats, & floating structures in the world. At the same year, Ships, boats, & floating structures was the 55th most imported product in Kuwait. Kuwait imports Ships, boats, & floating structures primarily from: United Arab Emirates ($55.7M), Italy ($26.3M), Turkey ($26.2M), Canada ($23.5M), and Mexico ($8.85M).

The fastest growing import markets in Ships, boats, & floating structures for Kuwait between 2021 and 2022 were United Arab Emirates ($40.7M), Canada ($22.9M), and Italy ($13.6M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Ships, boats, & floating structures from Kuwait to the United States.

Latest Trends

Feb 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 Ships, boats, & floating structures. 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)$54.6M
IMPORTS (2022)$164M
NET TRADE (2022)-$109M

In 2022, Kuwait exported $54.6M in Ships, boats, & floating structures. The main destinations of Kuwait exports on Ships, boats, & floating structures were South Korea ($43.7M), Maldives ($2.98M), United States ($2.08M), United Arab Emirates ($1.29M), and Saudi Arabia ($1.17M).

In 2022, Kuwait imported $164M in Ships, boats, & floating structures, mainly from United Arab Emirates ($55.7M), Italy ($26.3M), Turkey ($26.2M), Canada ($23.5M), and Mexico ($8.85M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ships, boats, & floating structures EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
South Korea$43.7M (401k%)
Maldives$2.98M (1%)
United States$1.88M (933%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ships, boats, & floating structures BY Kuwait WERE (2021 - 2022):
Pakistan-$7.42M (-100%)
United Arab Emirates-$2.88M (-69.1%)
Italy-$411k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Ships, boats, & floating structures were:
China $26.1B
Japan $9.94B
In 2022, Kuwait's main importing competitors in Ships, boats, & floating structures were:

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Trade Value of Ships, boats, & floating structures by Exporters

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