2023
Exports
$1.06MWorld Rnk 49 / 171
Flag Rnk 244 / 991
2023
PRODUCT COMPLEXITY IN Sound Recording Equipment
0.41Rnk 405 / 1025
2023
Imports
$2.21MWorld Rnk 71 / 209
Flag Rnk 660 / 1168
2023
ECONOMIC COMPLEXITY of Kuwait
0.21Rnk 53 / 132

About

Exports In 2023, Kuwait exported $1.06M in Sound Recording Equipment, making it the 49th largest exporter of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 244th most exported product in Kuwait. The main destination of Sound Recording Equipment exports from Kuwait are: United Arab Emirates ($962k), United Kingdom ($56.9k), United States ($36.3k), Malaysia ($723), and France ($599).

The fastest growing export markets for Sound Recording Equipment of Kuwait between 2022 and 2023 were United Arab Emirates ($961k), United Kingdom ($56.9k), and United States ($36.3k).

Imports In 2023, Kuwait imported $2.21M in Sound Recording Equipment, becoming the 71st largest importer of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 660th most imported product in Kuwait. Kuwait imports Sound Recording Equipment primarily from: United Arab Emirates ($961k), China ($907k), France ($73.5k), United States ($64.5k), and Australia ($55.6k).

The fastest growing import markets in Sound Recording Equipment for Kuwait between 2022 and 2023 were United Arab Emirates ($921k), China ($218k), and France ($43.7k).

Latest Trends

Jan 2025

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 Sound Recording Equipment. 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)$1.06M
IMPORTS (2023)$2.21M
NET TRADE (2023)-$1.15M

In 2023, Kuwait exported $1.06M in Sound Recording Equipment. The main destinations of Kuwait exports on Sound Recording Equipment were United Arab Emirates ($962k), United Kingdom ($56.9k), United States ($36.3k), Malaysia ($723), and France ($599).

In 2023, Kuwait imported $2.21M in Sound Recording Equipment, mainly from United Arab Emirates ($961k), China ($907k), France ($73.5k), United States ($64.5k), and Australia ($55.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Sound Recording Equipment EXPORT MARKETS FOR Kuwait WERE (2022 - 2023):
United Kingdom$56.9k (1%)
United States$36.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sound Recording Equipment BY Kuwait WERE (2022 - 2023):Kenya-$15 (-20.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Kuwait's main exporting competitors in Sound Recording Equipment were:
In 2023, Kuwait's main importing competitors in Sound Recording Equipment were:

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Trade Value of Sound Recording Equipment by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Arab Emirates+ $3.07k
TOP IMPORT POTENTIALChina+ $337k

Sound Recording Equipment’s highest export potential is United Arab Emirates. With an export gap of $3.07k.   Sound Recording Equipment’s highest import potential is China with an import gap of $337k.

See methodology.

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