2022
Exports
$39.5kWorld Rnk 84 / 144
Flag Rnk 724 / 947
2022
PRODUCT COMPLEXITY IN Waxes
0.46Rnk 381 / 1025
2022
Imports
$1.96MWorld Rnk 87 / 203
Flag Rnk 756 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $39.5k in Waxes, making it the 84th largest exporter of Waxes in the world. At the same year, Waxes was the 724th most exported product in Kuwait. The main destination of Waxes exports from Kuwait are: Qatar ($18.9k), Saudi Arabia ($17.8k), United Arab Emirates ($2.8k), and Turkey ($7).

The fastest growing export markets for Waxes of Kuwait between 2021 and 2022 were Qatar ($18.9k) and Turkey ($7).

Imports In 2022, Kuwait imported $1.96M in Waxes, becoming the 87th largest importer of Waxes in the world. At the same year, Waxes was the 756th most imported product in Kuwait. Kuwait imports Waxes primarily from: Netherlands ($356k), China ($291k), Denmark ($193k), France ($186k), and United States ($180k).

The fastest growing import markets in Waxes for Kuwait between 2021 and 2022 were Netherlands ($204k), Denmark ($185k), and China ($166k).

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 Waxes. 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)$39.5k
IMPORTS (2022)$1.96M
NET TRADE (2022)-$1.92M

In 2022, Kuwait exported $39.5k in Waxes. The main destinations of Kuwait exports on Waxes were Qatar ($18.9k), Saudi Arabia ($17.8k), United Arab Emirates ($2.8k), and Turkey ($7).

In 2022, Kuwait imported $1.96M in Waxes, mainly from Netherlands ($356k), China ($291k), Denmark ($193k), France ($186k), and United States ($180k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Waxes EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Qatar$18.9k (1%)
Turkey$7 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Waxes BY Kuwait WERE (2021 - 2022):
United Arab Emirates-$64.5k (-95.8%)
Saudi Arabia-$19.2k (-51.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Waxes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $17.8k
TOP IMPORT POTENTIALChina+ $160k

Waxes’s highest export potential is Saudi Arabia. With an export gap of $17.8k.   Waxes’s highest import potential is China with an import gap of $160k.

See methodology.

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