2022
Exports
$105kWorld Rnk 66 / 126
Flag Rnk 623 / 947
2022
PRODUCT COMPLEXITY IN Stainless Steel Wire
1.38Rnk 74 / 1025
2022
Imports
$424kWorld Rnk 88 / 202
Flag Rnk 943 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $105k in Stainless Steel Wire, making it the 66th largest exporter of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 623rd most exported product in Kuwait. The main destination of Stainless Steel Wire exports from Kuwait are: Egypt ($72.3k), India ($32.1k), and Oman ($702).

The fastest growing export markets for Stainless Steel Wire of Kuwait between 2021 and 2022 were Egypt ($72.3k) and Oman ($104).

Imports In 2022, Kuwait imported $424k in Stainless Steel Wire, becoming the 88th largest importer of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 943rd most imported product in Kuwait. Kuwait imports Stainless Steel Wire primarily from: South Korea ($112k), United Arab Emirates ($87.3k), Italy ($82.2k), India ($43.7k), and United Kingdom ($38.2k).

The fastest growing import markets in Stainless Steel Wire for Kuwait between 2021 and 2022 were South Korea ($106k), Italy ($80.4k), and Czechia ($22.9k).

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 Stainless Steel Wire. 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)$105k
IMPORTS (2022)$424k
NET TRADE (2022)-$319k

In 2022, Kuwait exported $105k in Stainless Steel Wire. The main destinations of Kuwait exports on Stainless Steel Wire were Egypt ($72.3k), India ($32.1k), and Oman ($702).

In 2022, Kuwait imported $424k in Stainless Steel Wire, mainly from South Korea ($112k), United Arab Emirates ($87.3k), Italy ($82.2k), India ($43.7k), and United Kingdom ($38.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Wire EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Egypt$72.3k (1%)
Oman$104 (17.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Wire BY Kuwait WERE (2021 - 2022):
India-$74.1k (-69.8%)
Saudi Arabia-$10.4k (-100%)
Pakistan-$9.95k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Stainless Steel Wire were:
In 2022, Kuwait's main importing competitors in Stainless Steel Wire were:

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Trade Value of Stainless Steel Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $17.9k
TOP IMPORT POTENTIALIndia+ $74.8k

Stainless Steel Wire’s highest export potential is India. With an export gap of $17.9k.   Stainless Steel Wire’s highest import potential is India with an import gap of $74.8k.

See methodology.

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