2022
Exports
$69.8kWorld Rnk 105 / 175
Flag Rnk 671 / 947
2022
PRODUCT COMPLEXITY IN Soups and Broths
-0.5Rnk 704 / 1025
2022
Imports
$47.9MWorld Rnk 17 / 223
Flag Rnk 239 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $69.8k in Soups and Broths, making it the 105th largest exporter of Soups and Broths in the world. At the same year, Soups and Broths was the 671st most exported product in Kuwait. The main destination of Soups and Broths exports from Kuwait are: Qatar ($31.3k), United Kingdom ($17.9k), Iraq ($13.4k), United Arab Emirates ($5.58k), and Switzerland ($1.07k).

The fastest growing export markets for Soups and Broths of Kuwait between 2021 and 2022 were United Kingdom ($17.9k), Iraq ($13.4k), and Switzerland ($1.07k).

Imports In 2022, Kuwait imported $47.9M in Soups and Broths, becoming the 17th largest importer of Soups and Broths in the world. At the same year, Soups and Broths was the 239th most imported product in Kuwait. Kuwait imports Soups and Broths primarily from: United Arab Emirates ($40.8M), Egypt ($2.24M), Saudi Arabia ($2.03M), Turkey ($458k), and Germany ($410k).

The fastest growing import markets in Soups and Broths for Kuwait between 2021 and 2022 were United Arab Emirates ($26.1M), Egypt ($1.46M), and Saudi Arabia ($997k).

Latest Trends

Jul 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 Soups and Broths. 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)$69.8k
IMPORTS (2022)$47.9M
NET TRADE (2022)-$47.9M

In 2022, Kuwait exported $69.8k in Soups and Broths. The main destinations of Kuwait exports on Soups and Broths were Qatar ($31.3k), United Kingdom ($17.9k), Iraq ($13.4k), United Arab Emirates ($5.58k), and Switzerland ($1.07k).

In 2022, Kuwait imported $47.9M in Soups and Broths, mainly from United Arab Emirates ($40.8M), Egypt ($2.24M), Saudi Arabia ($2.03M), Turkey ($458k), and Germany ($410k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soups and Broths EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
United Kingdom$17.9k (1%)
Iraq$13.4k (1%)
Switzerland$1.07k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soups and Broths BY Kuwait WERE (2021 - 2022):
Qatar-$96.9k (-75.6%)
United Arab Emirates-$76.1k (-93.2%)
Oman-$11.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Soups and Broths were:
In 2022, Kuwait's main importing competitors in Soups and Broths were:

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Trade Value of Soups and Broths by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $12.8k
TOP IMPORT POTENTIALUnited States+ $325k

Soups and Broths’s highest export potential is United Kingdom. With an export gap of $12.8k.   Soups and Broths’s highest import potential is United States with an import gap of $325k.

See methodology.

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