2022
Exports
$5.29MWorld Rnk 55 / 201
Flag Rnk 183 / 947
2022
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.96Rnk 7 / 1025
2022
Imports
$8.56MWorld Rnk 81 / 220
Flag Rnk 518 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $5.29M in Electric Soldering Equipment, making it the 55th largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 183rd most exported product in Kuwait. The main destination of Electric Soldering Equipment exports from Kuwait are: United Arab Emirates ($2.58M), Saudi Arabia ($1.29M), Egypt ($255k), Iraq ($240k), and Qatar ($219k).

The fastest growing export markets for Electric Soldering Equipment of Kuwait between 2021 and 2022 were United Arab Emirates ($2.35M), Saudi Arabia ($1.29M), and Egypt ($254k).

Imports In 2022, Kuwait imported $8.56M in Electric Soldering Equipment, becoming the 81st largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 518th most imported product in Kuwait. Kuwait imports Electric Soldering Equipment primarily from: China ($3.89M), United States ($1.1M), United Arab Emirates ($794k), Italy ($569k), and Switzerland ($416k).

The fastest growing import markets in Electric Soldering Equipment for Kuwait between 2021 and 2022 were China ($2.65M), United States ($721k), and Switzerland ($345k).

Latest Trends

Mar 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 Electric Soldering Equipment. 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)$5.29M
IMPORTS (2022)$8.56M
NET TRADE (2022)-$3.27M

In 2022, Kuwait exported $5.29M in Electric Soldering Equipment. The main destinations of Kuwait exports on Electric Soldering Equipment were United Arab Emirates ($2.58M), Saudi Arabia ($1.29M), Egypt ($255k), Iraq ($240k), and Qatar ($219k).

In 2022, Kuwait imported $8.56M in Electric Soldering Equipment, mainly from China ($3.89M), United States ($1.1M), United Arab Emirates ($794k), Italy ($569k), and Switzerland ($416k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
United Arab Emirates$2.35M (1.01k%)
Saudi Arabia$1.29M (149k%)
Egypt$254k (17.1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Kuwait WERE (2021 - 2022):
Italy-$820k (-100%)
Philippines-$713k (-100%)
India-$584k (-99.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Electric Soldering Equipment were:
In 2022, Kuwait's main importing competitors in Electric Soldering Equipment were:

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Trade Value of Electric Soldering Equipment by Exporters

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