2022
Exports
$2.48MWorld Rnk 53 / 144
Flag Rnk 252 / 947
2022
PRODUCT COMPLEXITY IN Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)
0.68Rnk 282 / 1025
2022
Imports
$3.59MWorld Rnk 84 / 205
Flag Rnk 650 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $2.48M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), making it the 53rd largest exporter of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) in the world. At the same year, Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) was the 252nd most exported product in Kuwait. The main destination of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) exports from Kuwait are: Qatar ($865k), Iran ($511k), Egypt ($434k), Saudi Arabia ($294k), and United Arab Emirates ($151k).

The fastest growing export markets for Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) of Kuwait between 2021 and 2022 were Iran ($393k), United Arab Emirates ($105k), and Qatar ($89.8k).

Imports In 2022, Kuwait imported $3.59M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), becoming the 84th largest importer of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) in the world. At the same year, Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) was the 650th most imported product in Kuwait. Kuwait imports Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) primarily from: Saudi Arabia ($1.38M), Thailand ($794k), United States ($238k), Spain ($207k), and China ($201k).

The fastest growing import markets in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) for Kuwait between 2021 and 2022 were Thailand ($792k), Saudi Arabia ($733k), and Spain ($207k).

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 Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705). 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)$2.48M
IMPORTS (2022)$3.59M
NET TRADE (2022)-$1.11M

In 2022, Kuwait exported $2.48M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705). The main destinations of Kuwait exports on Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were Qatar ($865k), Iran ($511k), Egypt ($434k), Saudi Arabia ($294k), and United Arab Emirates ($151k).

In 2022, Kuwait imported $3.59M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), mainly from Saudi Arabia ($1.38M), Thailand ($794k), United States ($238k), Spain ($207k), and China ($201k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Iran$393k (333%)
Qatar$89.8k (11.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) BY Kuwait WERE (2021 - 2022):
Saudi Arabia-$776k (-72.5%)
Oman-$1.72k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were:
In 2022, Kuwait's main importing competitors in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were:

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Trade Value of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIran+ $330k
TOP IMPORT POTENTIALUnited States+ $145k

Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)’s highest export potential is Iran. With an export gap of $330k.   Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)’s highest import potential is United States with an import gap of $145k.

See methodology.

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