IMPORT EXPORT
Kuwait import

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. In 2022, Kuwait imported goods worth a total of $26.71 billion. Kuwait's total imports of commodities fell by 65% from 2021 to 2022. According to import data, Kuwait ranked 65th out of 226 nations in terms of total imports in 2022. 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's import data for the year 2022. Let's explore the key aspects and insights offered by this valuable information.

Kuwait Import Data | Kuwait Customs Data

74

The country has been ranked 74th in global imports, showing a significant position in the international trade and import landscape.

0.44%

With a mere 0.44% 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.

MOTOR VEHICLES

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

import

Top 10 Imports of Kuwait

Kuwait import data for 2022 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 2022 include:

  • Motor cars and other motor vehicles: 10.1% ($1.11 billion)
  • Electrical apparatus: 4.12% ($454 million)
  • Articles of jewelry and parts thereof: 3.55% ($390 million)
  • Gold: 3.09% ($341 million)
  • Medicaments: 3% ($331 million)
  • Tubes, pipes, and hollow profiles, seamless, of iron or steel: 1.96% ($215 million)
  • Motor vehicles for the transport of goods: 1.42% ($156 million)
  • Automatic data processing machines: 1.2% ($132 million)
  • Human blood; animal blood for therapeutic, or diagnostic uses: 1.2% ($132 million)
  • Air conditioning machines: 1.14% ($126 million)
    • Partners

    Top 10 Import Partners of Kuwait

    Acquiring Kuwait's import data reveals its primary trade partners for the year 2022. 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 2022 include:

    Value In Percentage(%)

  • China: 18.7% (2.06 billion US$)
  • United Arab Emirates: 11.9% (1.31 billion US$)
  • USA: 8.6% (946 million US$)
  • India: 5.45% (599 million US$)
  • Saudi Arabia: 5.24% (577 million US$)
  • Japan: 5.22% (575 million US$)
  • Germany: 3.94% (434 million US$)
  • Italy: 3.87% (425 million US$)
  • Turkey: 2.36% (260 million US$)
  • Switzerland: 2.29% (252 million US$)
    • Sample Data

    The Significance of Kuwait's 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.

    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 customs data, Kuwait imported goods worth a total of $11 billion in 2022. The information we provide you about Kuwait's import 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's 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.

    Kuwait import data for 2022 can be found on the TradeImeX website and various government and trade websites, as well as through private companies that specialize in collecting and analyzing import data.

    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.

    You might be interested in other continents as well

    China
    Japan
    Philippines
    Singapore
    South-Korea
    Vietnam