2023
Exports
$587kWorld Rnk 117 / 198
Flag Rnk 304 / 991
2023
PRODUCT COMPLEXITY IN Stone Processing Machines
0.43Rnk 399 / 1025
2023
Imports
$43.5MWorld Rnk 94 / 224
Flag Rnk 178 / 1168
2023
ECONOMIC COMPLEXITY of Kuwait
0.21Rnk 53 / 132

About

Exports In 2023, Kuwait exported $587k in Stone Processing Machines, making it the 117th largest exporter of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 304th most exported product in Kuwait. The main destination of Stone Processing Machines exports from Kuwait are: Saudi Arabia ($363k), Qatar ($82.2k), United Arab Emirates ($56k), Bahrain ($22.1k), and Australia ($22k).

The fastest growing export markets for Stone Processing Machines of Kuwait between 2022 and 2023 were Saudi Arabia ($341k), Qatar ($66k), and Australia ($22k).

Imports In 2023, Kuwait imported $43.5M in Stone Processing Machines, becoming the 94th largest importer of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 178th most imported product in Kuwait. Kuwait imports Stone Processing Machines primarily from: United Kingdom ($18.3M), United States ($5.58M), United Arab Emirates ($4.94M), Germany ($4.01M), and Italy ($2.46M).

The fastest growing import markets in Stone Processing Machines for Kuwait between 2022 and 2023 were United Kingdom ($16.6M), United States ($3.95M), and Norway ($1.1M).

Latest Trends

Dec 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 Stone Processing Machines. 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)$587k
IMPORTS (2023)$43.5M
NET TRADE (2023)-$43M

In 2023, Kuwait exported $587k in Stone Processing Machines. The main destinations of Kuwait exports on Stone Processing Machines were Saudi Arabia ($363k), Qatar ($82.2k), United Arab Emirates ($56k), Bahrain ($22.1k), and Australia ($22k).

In 2023, Kuwait imported $43.5M in Stone Processing Machines, mainly from United Kingdom ($18.3M), United States ($5.58M), United Arab Emirates ($4.94M), Germany ($4.01M), and Italy ($2.46M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Stone Processing Machines EXPORT MARKETS FOR Kuwait WERE (2022 - 2023):
Saudi Arabia$341k (1.57k%)
Qatar$66k (406%)
Australia$22k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone Processing Machines BY Kuwait WERE (2022 - 2023):
Jordan-$437k (-98.5%)
Oman-$247k (-100%)
Turkey-$192k (-90.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Kuwait's main exporting competitors in Stone Processing Machines were:
In 2023, Kuwait's main importing competitors in Stone Processing Machines were:

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Trade Value of Stone Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $247k
TOP IMPORT POTENTIALChina+ $3.12M

Stone Processing Machines’s highest export potential is Turkey. With an export gap of $247k.   Stone Processing Machines’s highest import potential is China with an import gap of $3.12M.

See methodology.

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