2022
Exports
$2.67kWorld Rnk 106 / 138
Flag Rnk 96 / 96
2022
PRODUCT COMPLEXITY IN Silk
0.43Rnk 394 / 1025
2022
Imports
$989kWorld Rnk 76 / 196
Flag Rnk 95 / 96
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $2.67k in Silk, making it the 106th largest exporter of Silk in the world. At the same year, Silk was the 96th most exported product in Kuwait. The main destination of Silk exports from Kuwait are: United Arab Emirates ($2.05k), Spain ($410), and Thailand ($212).

The fastest growing export markets for Silk of Kuwait between 2021 and 2022 were Spain ($410) and Thailand ($212).

Imports In 2022, Kuwait imported $989k in Silk, becoming the 76th largest importer of Silk in the world. At the same year, Silk was the 95th most imported product in Kuwait. Kuwait imports Silk primarily from: India ($348k), Italy ($324k), Turkey ($87.2k), China ($60.6k), and United Kingdom ($37.5k).

The fastest growing import markets in Silk for Kuwait between 2021 and 2022 were India ($149k), Italy ($143k), and Turkey ($82.6k).

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 Silk. 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)$2.67k
IMPORTS (2022)$989k
NET TRADE (2022)-$986k

In 2022, Kuwait exported $2.67k in Silk. The main destinations of Kuwait exports on Silk were United Arab Emirates ($2.05k), Spain ($410), and Thailand ($212).

In 2022, Kuwait imported $989k in Silk, mainly from India ($348k), Italy ($324k), Turkey ($87.2k), China ($60.6k), and United Kingdom ($37.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silk EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Spain$410 (1%)
Thailand$212 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silk BY Kuwait WERE (2021 - 2022):
United Arab Emirates-$2.35k (-53.4%)
Qatar-$1.87k (-100%)
Saudi Arabia-$1.39k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Silk were:
In 2022, Kuwait's main importing competitors in Silk were:
Italy $323M
India $305M

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Trade Value of Silk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $1.62k
TOP IMPORT POTENTIALChina+ $70.1k

Silk’s highest export potential is United Arab Emirates. With an export gap of $1.62k.   Silk’s highest import potential is China with an import gap of $70.1k.

See methodology.

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