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2022
Exports $42.2MWorld Rnk 92 / 223
Flag Rnk 34 / 96
2022
Destination $9.91M United Arab Emirates
2021 - 2022
FASTEST GROWING MARKET $9.91MUnited Arab Emirates
2022
PRODUCT COMPLEXITY IN Pharmaceutical products1.38Rnk 75 / 1025
2022
Imports $2.28BWorld Rnk 46 / 226
Flag Rnk 6 / 96
2022
Origin $158M United States
2021 - 2022
FASTEST GROWING ORIGIN $158MSpain
2022
ECONOMIC COMPLEXITY of Kuwait0.44Rnk 46 / 133

About

Exports In 2022, Kuwait exported $42.2M in Pharmaceutical products, making it the 92nd largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 34th most exported product in Kuwait. The main destination of Pharmaceutical products exports from Kuwait are: United Arab Emirates ($16.9M), Saudi Arabia ($12.9M), Qatar ($5.82M), Oman ($2.17M), and Turkey ($1.7M).

The fastest growing export markets for Pharmaceutical products of Kuwait between 2021 and 2022 were United Arab Emirates ($9.91M), Qatar ($4.4M), and Turkey ($1.7M).

Imports In 2022, Kuwait imported $2.28B in Pharmaceutical products, becoming the 46th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 6th most imported product in Kuwait. Kuwait imports Pharmaceutical products primarily from: United States ($241M), Ireland ($212M), Denmark ($198M), Switzerland ($195M), and United Arab Emirates ($185M).

The fastest growing import markets in Pharmaceutical products for Kuwait between 2021 and 2022 were Spain ($158M), Ireland ($149M), and United States ($136M).

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 Pharmaceutical products. 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)$42.2M
IMPORTS (2022)$2.28B
NET TRADE (2022)-$2.24B

In 2022, Kuwait exported $42.2M in Pharmaceutical products. The main destinations of Kuwait exports on Pharmaceutical products were United Arab Emirates ($16.9M), Saudi Arabia ($12.9M), Qatar ($5.82M), Oman ($2.17M), and Turkey ($1.7M).

In 2022, Kuwait imported $2.28B in Pharmaceutical products, mainly from United States ($241M), Ireland ($212M), Denmark ($198M), Switzerland ($195M), and United Arab Emirates ($185M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
United Arab Emirates$9.91M (142%)
Qatar$4.4M (309%)
Turkey$1.7M (267k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Kuwait WERE (2021 - 2022):
Saudi Arabia-$21M (-62%)
China-$64.4k (-100%)
Lebanon-$41.4k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Pharmaceutical products were:
Germany $125B
Switzerland $93.8B
United States $90B
In 2022, Kuwait's main importing competitors in Pharmaceutical products were:
United States $168B
Germany $71.1B
Switzerland $48.5B

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Trade Value of Pharmaceutical products by Exporters

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