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Kuwait import Statistics

Kuwait Import Data

Qurain was another name for Kuwait. Situated on the periphery of Eastern Arabia, the nation is situated in Western Asia. Iraq, Saudi Arabia, and Iran are the three nations that Kuwait borders. Kuwait is a prosperous nation with enormous petroleum reserves. The nation is ranked 56th in the world according to the complexity index. When it came to GDP, however, the nation ranked 61st. According to Kuwait import data, Kuwait imported goods worth a total of $37.49 billion in 2023. Kuwait's total imports of commodities increased by 7% from the previous year. According to Kuwait shipment data, Kuwait ranked 66th out of 226 nations in terms of total imports in 2023. In today's globalized economy, accurate and up-to-date import data is vital for businesses, policymakers, and analysts. Kuwait, situated in the heart of the Middle East, is no exception. Now, we will delve into the intricacies of Kuwait imports data for the year 2023. Let's explore the key aspects and insights offered by this valuable information based on Kuwait bill of lading data.

Kuwait Import Data & Statistics

66

The country has been ranked 66th in global imports, showing a significant position in the international trade and import landscape.

0.4%

With a mere 0.4% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise.

CHINA

China holds a significant role as the largest import partner of the country in terms of goods imports.

VEHICLES

Vehicles are the major and biggest import commodities of the country, playing a vital role in its economy with its import share.

Please select a country or provide either a description or HS Code.
import

Top 10 Imports of Kuwait: Kuwait Imports by HS Code

Kuwait's import data for 2023 provides insights into the specific types of goods brought into the country. This information showcases the diverse range of products Kuwait relies on to support its economy and meet the demands of its population. According to import data, Kuwait’s top 10 imports in 2023, as per Kuwait import data and Kuwait trade data include:

  • Vehicles (HS code 87): 15.88% ($5.95 billion)
  • Electrical machinery and equipment (HS code 85): 9.45% ($3.54 billion)
  • Nuclear reactors and machinery (HS code 84): 9.01% ($3.37 billion)
  • Precious stones and metals (HS code 71): 5.73% ($2.14 billion)
  • Pharmaceuticals (HS code 30): 5.02% ($1.88 billion)
  • Articles of iron or steel (HS code 73): 3.76% ($1.41 billion)
  • Optical, medical, or surgical instruments (HS code 90): 2.38% ($893.04 million)
  • Plastics and articles thereof (HS code 39): 2.26% ($847.08 million)
  • Articles of apparel or clothing, knitted (HS code 61): 2.25% ($844.69 million)
  • Essential oils, perfumery, and cosmetics (HS code 33): 2.25% ($842.45 million)
    • Partners

    Top 10 Import Partners of Kuwait: Kuwait Imports by Country

    Acquiring Kuwait's import data reveals its primary trade partners for the year 2023. The data highlights the countries from which Kuwait sources the majority of its imported goods. It allows businesses to identify potential markets to target or establish trade relationships with. Additionally, policymakers can gauge the country's dependency on certain nations for specific goods. Kuwait’s top 10 import partners in 2023, as per Kuwait shipment data and Kuwait bill of lading data, include:

    Value In Percentage(%)

  • China: 19.8% (7.42 billion US$)
  • USA: 9.1% (3.40 billion US$)
  • United Arab Emirates: 9% (3.38 billion US$)
  • Japan: 6.1% (2.30 billion US$)
  • India: 5.5% (2.06 billion US$)
  • Saudi Arabia: 5.2% (1.94 billion US$)
  • Germany: 4.4% (1.64 billion US$)
  • Italy: 3.9% (1.46 billion US$)
  • Switzerland: 2.8% (1.06 billion US$)
  • France: 2.6% (993.48 million US$)
    • Sample Data

    The Significance of Kuwait Import Data

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    Kuwait Import data provides a comprehensive overview of a country's economic activities, shedding light on its trade partners, the types of goods it imports, and the overall economic health of the nation. For Kuwait, reliable import data helps monitor its trade balance, allows policymakers to make informed decisions, and enables businesses to spot potential opportunities and challenges in the market. According to Kuwait bill of lading data, Kuwait imported goods worth a total of $37.49 billion in 2023. The information we provide you about Kuwait shipment data and trade data is highly helpful and educational. Our data is derived from recently updated shipping bills, invoices, and other crucial trading documents. You will undoubtedly be able to select the ideal market to gauge profits and market risks with the aid of the facts and database we offer. We obtain trustworthy data from establishments, other shipping firms, and approved ports in Kuwait. Product descriptions and HS codes are just two of the many fields that are contained in Kuwaiti trade data.

    Benefits

    Benefits of Kuwait Import Data

  • Get prospects for your business from the Kuwait import market.
  • Determine Kuwait's market demand.
  • Keep an eye on your competition and outperform them.
  • Boost your income with a strategy driven by a data plan.
  • Locate sincere purchasers from the Kuwait market.
  • Reach long-term corporate objectives with superior reports.

    • Frequently Asked Questions!!

    Kuwait import data refers to the information and statistics related to the goods and services that are brought into the country from other countries.

    Kuwait import data is important for understanding the country's trade relations with other nations, tracking the flow of goods and services, and identifying potential market opportunities.

    The latest Kuwait import data can be found on the TradeImeX website.

    Kuwait import data includes information on all types of goods and services, such as raw materials, consumer goods, machinery, and technology, that are brought into the country for domestic consumption or further distribution.

    Kuwait import data is collected through customs declarations and documentation, which are then compiled and analyzed by government agencies and private organizations.

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