Gold in Kuwait | The Observatory of Economic Complexity

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Exports In 2022, Kuwait exported $62.7M in Gold, making it the 104th largest exporter of Gold in the world. At the same year, Gold was the 45th most exported product in Kuwait. The main destination of Gold exports from Kuwait are: United Arab Emirates ($57.7M), Nepal ($2.91M), Turkey ($1.91M), Lebanon ($177k), and Jordan ($11.2k).

The fastest growing export markets for Gold of Kuwait between 2021 and 2022 were United Arab Emirates ($43.3M), Nepal ($2.78M), and Turkey ($1.91M).

Imports In 2022, Kuwait imported $3.25B in Gold, becoming the 19th largest importer of Gold in the world. At the same year, Gold was the 2nd most imported product in Kuwait. Kuwait imports Gold primarily from: United Arab Emirates ($2.63B), Switzerland ($599M), Turkey ($19.3M), United States ($5.72M), and Ghana ($1.87M).

The fastest growing import markets in Gold for Kuwait between 2021 and 2022 were United Arab Emirates ($1.73B), Switzerland ($461M), and United States ($4.42M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Gold from Kuwait to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Exports

Imports

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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 Gold. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$62.7M

IMPORTS (2022)$3.25B

NET TRADE (2022)-$3.19B

In 2022, Kuwait exported $62.7M in Gold. The main destinations of Kuwait exports on Gold were United Arab Emirates ($57.7M), Nepal ($2.91M), Turkey ($1.91M), Lebanon ($177k), and Jordan ($11.2k).

In 2022, Kuwait imported $3.25B in Gold, mainly from United Arab Emirates ($2.63B), Switzerland ($599M), Turkey ($19.3M), United States ($5.72M), and Ghana ($1.87M).

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