K
27 September 2024
Kunal
Was this review helpful?
Yes (0)
No (0)
Report Abuse
Key Indicators
Overview
Kuwait Export Trade
Introduction:
Kuwait, with its vast oil reserves, is a leading exporter in the energy sector. This industry is pivotal to global energy supplies and drives significant economic growth in Kuwait, offering robust opportunities for global importers, particularly those engaged in the energy sector.
Economic Overview:
Dominated by the petroleum industry, Kuwait's economy is highly dependent on oil exports, which constitute the majority of its GDP. Efforts towards economic diversification include investments in downstream petrochemical projects and renewable energy to enhance export capabilities beyond crude oil.
Political and Regulatory Environment:
Kuwait maintains a stable political environment that supports its trade and economic policies. Recent legislative reforms aim to attract foreign investment and improve business operations, although the pace of reform can be slow and bureaucratic challenges remain.
Opportunities and Challenges for Importers:
The main opportunity for importers lies in Kuwait’s strong petrochemical sector, which offers a stable supply of petroleum products and related chemicals. Challenges include navigating regulatory procedures and potential geopolitical tensions in the region that may impact trade routes and prices.
Top 10 Export Products:
- Crude Petroleum (HS Code: 2709) - Major global supplier.
- Refined Petroleum (HS Code: 2710) - Includes gasoline, diesel, and jet fuel.
- Petrochemicals (HS Code: 2902) - Diverse range of chemical products.
- Natural Gas (HS Code: 2711) - Increasingly significant export.
- Plastics (HS Code: 3901) - Raw materials for various industries.
- Iron and Steel (HS Code: 7204) - Exports of semi-finished products.
- Aluminium (HS Code: 7601) - Products for construction and packaging.
- Organic Chemicals (HS Code: 2902) - Base chemicals for various applications.
- Perfumes and Cosmetics (HS Code: 3303) - Niche market with regional demand.
- Electrical Machinery (HS Code: 8501) - Components and equipment.
Top Suppliers:
KW KUWAIT PETROLEUM CORPORATION, KW KUWAIT PETROLEUM CORPORATION, KW KUWAIT PETROLEUM CORPORATION
Solution for Global Importers:
Importers are encouraged to utilize Volza’s online export data to navigate Kuwait’s export landscape efficiently. Volza provides comprehensive insights into the Kuwaiti market, enabling importers to identify and capitalize on opportunities within the energy sector and beyond. Engage with Volza to explore and access detailed market data, ensuring a strategic approach to sourcing from Kuwait.
Export Database - Factsheet
Data Source- Detailed Mirror data
- Data Available From
- 01, Jan, 2019
Data Coverage- 40%
Last Shipment- 05, Aug, 2024
Source : Volza Export Data
Kuwait
Export Data
Export Data
200,861 Bill of Ladings, 57,056 Buyers & 6,344 Suppliers
Import
vs
Export
Jan-Dec 2023
Shipments
Data Source: VolzaExport Data
4.9/5
Rated by 25,000+ Satisfied Customers
100% Money Back Guarantee
"
Volza's Solution gives you 100x return in Six Months !
"
Search Import Export Data
Reach out to the Kuwait Export market Identify verified and active business partners in Kuwait
Kuwait Export Data
Product | Exporters | Buyers | Arrival Date |
|---|---|---|---|
STYRENE MONOMER IN BULK |   India | India | 30-04-2024 |
ALUMINIUM SCRAP TREAD AS PER ISRI PSIC NO. PSICWSFZEX303378AM25 DT. 18.04.2024 MPCB NO. AWH-52712 DT. 09.03.2022 | India | 30-04-2024 | |
STYRENE MONOMER IN BULK | India | 30-04-2024 | |
STYRENE MONOMER IN BULK | India | 30-04-2024 | |
STYRENE MONOMER IN BULK | India | India | 30-04-2024 |
ALUMINIUM SCRAP TALLY AS PER ISRI | India | India | 30-04-2024 |
Top 10 Exporters
Kuwait Top 10 Exporters
Within our Volza database, we possess comprehensive information about over 10 active exporters in Kuwait. To assist you in identifying the leading exporters in Kuwait, Volza offers an advanced feature that analyzes billions of shipping invoices using more than 20 parameters. Noteworthy among the top 10 exporters in Kuwait are companies like EQUATE PETROCHEMICAL CO K S C C, KUWAIT PETROLEUM CORPORATION , and LG DISPLAY CO LTD PAJU. These key players are featured prominently within our extensive database. For a more comprehensive overview, please refer to our table, which outlines the top 10 exporters, and explore the additional resources provided below.
Kuwait Top 10 Exporters
| Rank | Exporters | Shipments |
|---|---|---|
1 | 12,656 | |
2 | 6,226 | |
3 | 3,377 | |
4 | 2,559 | |
5 | 2,390 | |
6 | 2,290 | |
7 | 2,128 | |
8 | 2,126 | |
9 | 2,003 | |
10 | 1,828 |
Data Source : Volza Export Data
Top 4 Export Products
Kuwait Top 4 Export Products
As the Kuwait export data reveals, the nation's top export products for 2024 were prominently characterized by:- Alloy Steel: 63.23%
- Waste Paper: 15.42%
- Lubricant: 11.19%
- Polypropylene: 10.17%
Kuwait Top 4 Export Products
| Rank | Export Products | Shipments |
|---|---|---|
1 | ALLOY STEEL | 20,931,652 |
2 | WASTE PAPER | 5,105,475 |
3 | LUBRICANT | 3,703,110 |
4 | POLYPROPYLENE | 3,366,361 |
Data Source : Volza Export Data
Trading Partners
Top Trading Partners of Kuwait
Import Trading Partners
Export Trading Partners
Top 9 Export Trading Partners
Kuwait Top 9 Export Trading Partners
Kuwait trade data from 2024 highlights the nation's top 9 export partners as follows: INDIA (USD 65,997), PAKISTAN (USD 22,938) and the NETHERLANDS (USD 11,385).
The growth rates for the leading three exporters were as follows: India at 32.86% , Pakistan at 11.42% and Netherlands5.67%.
Trade balance analysis reveals that Kuwait had a trade deficit with both Iran and China. Specifically, the deficit amounted to USD 300 million with Iran and USD 150 million with China in that year. Kuwait export statistics show that the country's top 9 export partners in 2024 collectively contributed 87.2% to the overall value of export shipments. Furthermore, Kuwait’s major exports from India include WASTE PAPER, LUBRICANT, POLYPROPYLENE, ALLOY STEEL, products. The provided chart below breaks down the values in percentile of Kuwait’s top 9 export partners for 2024.
Export Data Sample record
Kuwait Export Data Sample record
Kuwait export data covers all important shipping details that are essential for businesses to find exporters in Kuwait, analyze market trends and identify potential industries. Kuwait trade data contains customs-based details including Date, Exporter Name, HS Code, HS Code Description, Commercial Description, Gross Weight, Net Weight, Total Value USD and Origin Country. View Kuwait export data sample with complete number of fields available in data.
Kuwait Export Data Sample record
Wine of fresh grapes, including fortified wines; grape must other than that of heading 2009
- Date:
- 30 Apr 2024
- HS Code:
- 29025000
- Quantity:
- 500
- Quantity Unit:
- MTS
- Value FC:
- 1,173.5
- Value:
- 725,616.43
- HS Descirption:
- Cyclic hydrocarbons
- Exporter:
- THE KUWAIT STYRENE CO K S C C
- Importer:
- KREST STYROCOL PRIVATE LIMITED
Data Source : Volza Export Data
Kuwait Export Fields
S.No | Data Fields |
|---|---|
1 | |
2 | |
3 | |
4 | |
5 | |
6 | |
7 | |
8 | |
9 |
Total 72 Fields
Data Source : Volza Export Data
Top 2 Export Ports
Kuwait Top 2 Export Ports
Kuwait's global export trade operates through over 2 ports. Shuwaikh stands as the predominant port, handling 15,326 export shipments, which constitutes a 58.55% market share. Shuaiba follows with an 41.45% share, accounting for 10,849 shipments, while contributes a N/A% market share with its N/A shipments. For detailed export trade statistics of each port in Kuwait, refer to the provided links below. Collectively, these ports underscore the integrated nature of Kuwait's trade infrastructure. As the trade data indicates, these crucial export ports facilitate the consistent delivery of essential goods across Kuwait.
Kuwait Top 2 Export Ports
| Rank | Exporters | Count |
|---|---|---|
1 | Shuwaikh | 15,326 |
2 | Shuaiba | 10,849 |
Data Source : Volza Export Data
Export Bill of Lading
- Export Shipments of Kuwait
- 200,861
- Date
- 30-04-2024
- Shipper Name
- THE KUWAIT STYRENE CO K S C C
- Consignee Name
- KREST STYROCOL PRIVATE LIMITED
- Weight Unit
- MTS
- Quantity
- 500
- Shipment Origin
- India
- Port of origin
- Jnpt