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2022
Exports $1.21kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Soybean Meal-1.09Rnk 852 / 1025
2022
Imports $55.1MWorld Rnk 75 / 175
Flag Rnk 142 / 1168
2023
ECONOMIC COMPLEXITY of Kuwait0.21Rnk 53 / 132

About

Imports In 2023, Kuwait imported $55.1M in Soybean Meal, becoming the 75th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 142nd most imported product in Kuwait. Kuwait imports Soybean Meal primarily from: United States ($23.5M), India ($16.3M), United Arab Emirates ($14.8M), Bolivia ($342k), and Argentina ($166k).

The fastest growing import markets in Soybean Meal for Kuwait between 2022 and 2023 were United States ($14.4M), India ($14.1M), and Bolivia ($342k).

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 Soybean Meal. 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)$1.21k
IMPORTS (2023)$55.1M
NET TRADE (2023)-$55.1M

In 2023, Kuwait imported $55.1M in Soybean Meal, mainly from United States ($23.5M), India ($16.3M), United Arab Emirates ($14.8M), Bolivia ($342k), and Argentina ($166k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Kuwait WERE (N/A - 2022):United Arab Emirates-$1.21k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Kuwait's main exporting competitors in Soybean Meal were:
Brazil $11B
Argentina $8.34B
United States $6.9B
In 2023, Kuwait's main importing competitors in Soybean Meal were:
Indonesia $2.6B
Vietnam $2.2B
Thailand $1.7B

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Trade Value of Soybean Meal by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Arab Emirates+ $1.27k
TOP IMPORT POTENTIALArgentina+ $2.32M

Soybean Meal’s highest export potential is United Arab Emirates. With an export gap of $1.27k.   Soybean Meal’s highest import potential is Argentina with an import gap of $2.32M.

See methodology.

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