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Pricing

2021
Exports $300kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Tanks and Armored vehicles-0.46Rnk 688 / 1025
2021
Imports $304MWorld Rnk 3 / 130
Flag Rnk 41 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait0.44Rnk 46 / 133

About

Imports In 2022, Kuwait imported $304M in Tanks and Armored vehicles, becoming the 3rd largest importer of Tanks and Armored vehicles in the world. At the same year, Tanks and Armored vehicles was the 41st most imported product in Kuwait. Kuwait imports Tanks and Armored vehicles primarily from: United States ($299M), South Africa ($4.86M), Spain ($21.9k), France ($3.99k), and Denmark ($625).

The fastest growing import markets in Tanks and Armored vehicles for Kuwait between 2021 and 2022 were United States ($125M), South Africa ($4.86M), and Spain ($21.9k).

Latest Trends

Oct 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 Tanks and Armored vehicles. 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 (2021)$300k
IMPORTS (2022)$304M
NET TRADE (2022)-$304M

In 2022, Kuwait imported $304M in Tanks and Armored vehicles, mainly from United States ($299M), South Africa ($4.86M), Spain ($21.9k), France ($3.99k), and Denmark ($625).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tanks and Armored vehicles BY Kuwait WERE (N/A - 2021):United States-$300k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Tanks and Armored vehicles were:
United States $954M
Canada $954M
Germany $377M
In 2022, Kuwait's main importing competitors in Tanks and Armored vehicles were:
Saudi Arabia $674M
United States $379M

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Trade Value of Tanks and Armored vehicles by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSaudi Arabia+ $525
TOP IMPORT POTENTIALSpain+ $95.1k

Tanks and Armored vehicles’s highest export potential is Saudi Arabia. With an export gap of $525.   Tanks and Armored vehicles’s highest import potential is Spain with an import gap of $95.1k.

See methodology.

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