2022
Exports
$7.08MWorld Rnk 49 / 194
Flag Rnk 159 / 947
2022
PRODUCT COMPLEXITY IN Spices
-1.63Rnk 964 / 1025
2022
Imports
$59.9MWorld Rnk 15 / 223
Flag Rnk 202 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $7.08M in Spices, making it the 49th largest exporter of Spices in the world. At the same year, Spices was the 159th most exported product in Kuwait. The main destination of Spices exports from Kuwait are: Saudi Arabia ($3.24M), Jordan ($1.22M), Qatar ($1.03M), United Arab Emirates ($662k), and Oman ($504k).

The fastest growing export markets for Spices of Kuwait between 2021 and 2022 were Saudi Arabia ($2.38M), Qatar ($655k), and United Arab Emirates ($508k).

Imports In 2022, Kuwait imported $59.9M in Spices, becoming the 15th largest importer of Spices in the world. At the same year, Spices was the 202nd most imported product in Kuwait. Kuwait imports Spices primarily from: India ($12.8M), Iran ($12.2M), China ($9.52M), United Arab Emirates ($8.38M), and Pakistan ($2.39M).

The fastest growing import markets in Spices for Kuwait between 2021 and 2022 were Iran ($9.64M), India ($6.61M), and China ($3.97M).

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 Spices. 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)$7.08M
IMPORTS (2022)$59.9M
NET TRADE (2022)-$52.8M

In 2022, Kuwait exported $7.08M in Spices. The main destinations of Kuwait exports on Spices were Saudi Arabia ($3.24M), Jordan ($1.22M), Qatar ($1.03M), United Arab Emirates ($662k), and Oman ($504k).

In 2022, Kuwait imported $59.9M in Spices, mainly from India ($12.8M), Iran ($12.2M), China ($9.52M), United Arab Emirates ($8.38M), and Pakistan ($2.39M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Saudi Arabia$2.38M (275%)
Qatar$655k (176%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Kuwait WERE (2021 - 2022):
Jordan-$21.1k (-1.71%)
Canada-$19.9k (-99.7%)
Lebanon-$10.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Spices were:
In 2022, Kuwait's main importing competitors in Spices were:

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $209k
TOP IMPORT POTENTIALIndia+ $1.04M

Spices’s highest export potential is Saudi Arabia. With an export gap of $209k.   Spices’s highest import potential is India with an import gap of $1.04M.

See methodology.

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