Plastics & articles thereof in Kuwait | The Observatory of Economic Complexity

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Exports In 2022, Kuwait exported $1.62B in Plastics & articles thereof, making it the 51st largest exporter of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 4th most exported product in Kuwait. The main destination of Plastics & articles thereof exports from Kuwait are: China ($484M), Saudi Arabia ($134M), Pakistan ($129M), India ($123M), and United Arab Emirates ($115M).

The fastest growing export markets for Plastics & articles thereof of Kuwait between 2021 and 2022 were China ($310M), Saudi Arabia ($91.5M), and India ($75.3M).

Imports In 2022, Kuwait imported $1.96B in Plastics & articles thereof, becoming the 63rd largest importer of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 8th most imported product in Kuwait. Kuwait imports Plastics & articles thereof primarily from: Saudi Arabia ($524M), China ($477M), United Arab Emirates ($289M), United States ($93M), and Germany ($73.2M).

The fastest growing import markets in Plastics & articles thereof for Kuwait between 2021 and 2022 were Saudi Arabia ($350M), China ($229M), and United Arab Emirates ($183M).

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

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Feb 2024

Subnational Monthly Trade

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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 Plastics & articles thereof. 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)$1.62B

IMPORTS (2022)$1.96B

NET TRADE (2022)-$340M

In 2022, Kuwait exported $1.62B in Plastics & articles thereof. The main destinations of Kuwait exports on Plastics & articles thereof were China ($484M), Saudi Arabia ($134M), Pakistan ($129M), India ($123M), and United Arab Emirates ($115M).

In 2022, Kuwait imported $1.96B in Plastics & articles thereof, mainly from Saudi Arabia ($524M), China ($477M), United Arab Emirates ($289M), United States ($93M), and Germany ($73.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Exports

Imports

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Ending

THE FASTEST GROWING Plastics & articles thereof EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):

China$310M (179%)

Saudi Arabia$91.5M (216%)

India$75.3M (156%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastics & articles thereof BY Kuwait WERE (2021 - 2022):

Turkey-$2.81M (-6.01%)

Sri Lanka-$2.1M (-13.2%)

Austria-$1.18M (-99.9%)

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Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Kuwait's main exporting competitors in Plastics & articles thereof were:

China $156B

United States $95.2B

Germany $86.5B

In 2022, Kuwait's main importing competitors in Plastics & articles thereof were:

United States $96.2B

China $73.4B

Germany $59.1B

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Latest Trends

Subnational Monthly Trade

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Historical Data

Trade Balance

Export Destinations (2022)

Import Origins (2022)

Market Growth

Change in Exports by Market (2021 - 2022)

Market Concentration

Trade Value of Plastics & articles thereof by Exporters

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