2022
Exports
$652kWorld Rnk 51 / 109
Flag Rnk 412 / 947
2022
PRODUCT COMPLEXITY IN Wool
-2.11Rnk 1004 / 1025
2022
Imports
$589kWorld Rnk 48 / 137
Flag Rnk 918 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $652k in Wool, making it the 51st largest exporter of Wool in the world. At the same year, Wool was the 412th most exported product in Kuwait. The main destination of Wool exports from Kuwait are: India ($366k), United Kingdom ($180k), Pakistan ($57.2k), Saudi Arabia ($47.9k), and Lebanon ($288).

The fastest growing export markets for Wool of Kuwait between 2021 and 2022 were Pakistan ($57.2k), India ($48.9k), and Saudi Arabia ($47.9k).

Imports In 2022, Kuwait imported $589k in Wool, becoming the 48th largest importer of Wool in the world. At the same year, Wool was the 918th most imported product in Kuwait. Kuwait imports Wool primarily from: Saudi Arabia ($581k), United States ($7.06k), Turkey ($280), and Morocco ($37).

The fastest growing import markets in Wool for Kuwait between 2021 and 2022 were Saudi Arabia ($406k), United States ($7.06k), and Turkey ($156).

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 Wool. 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)$652k
IMPORTS (2022)$589k
NET TRADE (2022)$63k

In 2022, Kuwait exported $652k in Wool. The main destinations of Kuwait exports on Wool were India ($366k), United Kingdom ($180k), Pakistan ($57.2k), Saudi Arabia ($47.9k), and Lebanon ($288).

In 2022, Kuwait imported $589k in Wool, mainly from Saudi Arabia ($581k), United States ($7.06k), Turkey ($280), and Morocco ($37).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Pakistan$57.2k (1%)
India$48.9k (15.4%)
Saudi Arabia$47.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool BY Kuwait WERE (2021 - 2022):United Kingdom-$161k (-47.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Wool were:
In 2022, Kuwait's main importing competitors in Wool were:
China $2.16B
Italy $223M
India $205M

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Trade Value of Wool by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $57.8k
TOP IMPORT POTENTIALUnited States+ $7.31k

Wool’s highest export potential is India. With an export gap of $57.8k.   Wool’s highest import potential is United States with an import gap of $7.31k.

See methodology.

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