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27 September 2024
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Key Indicators
Overview
Kuwait Import Trade Overview
Introduction:
Kuwait, a small yet economically robust state, heavily relies on imports to support its infrastructure, healthcare, and consumer sectors. Its strategic position and affluent economy make it an attractive market for global exporters.
Economic Overview:
Kuwait's economy, primarily driven by oil exports, ranks high in GDP per capita among GCC countries. However, its import needs are substantial, focusing on diversifying its economy through the development of non-oil sectors like construction, healthcare, and retail. This diversification strategy significantly impacts the structure and volume of imports.
Political and Regulatory Environment:
Kuwait's stable political climate and strategic economic policies underpin its trade relations. Recent legislative reforms aimed at encouraging foreign investment and enhancing private sector participation are influencing import dynamics, making the market more accessible to international businesses.
Opportunities and Challenges for Exporters:
There are considerable opportunities in supplying construction materials, medical equipment, and luxury goods. Challenges include navigating Kuwait’s regulatory requirements and understanding cultural preferences in consumer goods.
Top 10 Import Products:
- Cars (HS code: 8703) - High demand in consumer market.
- Gold (HS code: 7108) - Investment and jewelry sector.
- Medicaments (HS code: 3004) - Expanding healthcare sector.
- Smartphones (HS code: 8517) - Growing telecommunications needs.
- Furniture (HS code: 9403) - Real estate and commercial development.
- Electrical machinery (HS code: 8501) - Infrastructure projects.
- Clothing (HS code: 6203) - Fashion retail growth.
- Iron and steel (HS code: 7208) - Construction industry demand.
- Plastics (HS code: 3901) - Wide application across sectors.
- Food products (HS codes: 1001 wheat, 1006 rice) - Essential staples.
Top Buyers:
THE GROVE RESTAURANT, SEA BASS FISH CO, MERILAND INTERNATIONAL COMPANY HOTEL RESTAURANT EQ
Solution for Global Exporters:
Global exporters should utilize Volza’s online import data for Kuwait to effectively navigate this lucrative market. Volza’s comprehensive data aids in identifying key trends, enabling exporters to tailor strategies and capitalize on emerging opportunities. Visit Volza to access real-time insights and enhance your market penetration in Kuwait.
Import Database - Factsheet
Data Source- Detailed Mirror data
- Data Available From
- 01, Jan, 2019
Data Coverage- 40%
Last Shipment- 05, Aug, 2024
Source : Volza Import Data
Kuwait
Import Data
Import Data
3,638,104 Bill of Ladings, 57,056 Buyers & 6,344 Suppliers
Import
vs
Export
Jan-Dec 2023
Shipments
Data Source: VolzaImport Data
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Search Import Export Data
Reach out to the Kuwait Import market Identify verified and active business partners in Kuwait
Kuwait Import Data
Product | Importers | Suppliers | Arrival Date |
|---|---|---|---|
OTHER PLATES,SHEETS,FILM,FOIL & STR |   India | India | 30-04-2024 |
PANEL,FRONT FENDER,RH,57611M55T00,SPARE | 30-04-2024 | ||
DSE 8610 MKII | India | India | 30-04-2024 |
POLISHING PADS GRADE 800 | India | India | 30-04-2024 |
OTHER ARTICLE / ODS / PRODUCT / ITEM OF ALUMINIUM WITH ST | India | India | 30-04-2024 |
EMBLEMERTIGA,77831M73R00-0PG,SPARE PA | 30-04-2024 |
Top 10 Importers
Kuwait Top 10 Importers
Within our Volza database, we possess comprehensive information about over 10 active importers in Kuwait. To assist you in identifying the leading importers in Kuwait, Volza offers an advanced feature that analyzes billions of shipping invoices using more than 20 parameters. Noteworthy among the top 10 importers in Kuwait are companies like AL AHLEIA SWITCHGEAR CO, LULU CENTER INTERNATIONAL GENERAL , and RAFAQA AL DEERA. 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 importers, and explore the additional resources provided below.
Kuwait Top 10 Importers
| Rank | Importers | Shipments |
|---|---|---|
1 | 76,198 | |
2 | 58,074 | |
3 | 54,650 | |
4 | 50,100 | |
5 | 35,787 | |
6 | 28,760 | |
7 | 25,409 | |
8 | 21,467 | |
9 | 20,796 | |
10 | 19,630 |
Data Source : Volza Import Data
Top 10 Import Products
Kuwait Top 10 Import Products
As the Kuwait import data reveals, the nation's top import products for 2024 were prominently characterized by:- Cotton Knitting Yarn: 45.78%
- Used Steel: 29.48%
- Automobile Component: 14.65%
- Industrial Valve: 6.59%
- Electrical Module: 1.10%
- Fresh Mixed Vegetable: 0.99%
- Pinion Gear: 0.54%
- Utensil Set: 0.37%
- Dried Banana: 0.35%
- Vegetable Corn: 0.16%
Kuwait Top 10 Import Products
| Rank | Import Products | Shipments |
|---|---|---|
1 | COTTON KNITTING YARN | 12,843,432 |
2 | Used Steel | 8,269,020 |
3 | Automobile Component | 4,108,511 |
4 | Industrial Valve | 1,847,859 |
5 | ELECTRICAL MODULE | 307,608 |
6 | Fresh Mixed Vegetable | 278,005 |
7 | Pinion Gear | 152,206 |
8 | Utensil Set | 103,191 |
9 | Dried Banana | 97,842 |
10 | Vegetable Corn | 45,571 |
Data Source : Volza Import Data
Trading Partners
Top Trading Partners of Kuwait
Import Trading Partners
Export Trading Partners
Top 1 Import Trading Partners
Kuwait Top 1 Import Trading Partners
Kuwait trade data from 2024 highlights the nation's top 1 import partners as follows: INDIA (USD 2,191,720).
The growth rates for the leading three importers were as follows: India at 100.00% .
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 import statistics show that the country's top 1 import partners in 2024 collectively contributed 87.2% to the overall value of import shipments. Furthermore, Kuwait’s major imports from India include Used Steel, Automobile Component, COTTON KNITTING YARN, Utensil Set, ELECTRICAL MODULE, Industrial Valve, Vegetable Corn, Pinion Gear, Dried Banana, Fresh Mixed Vegetable, products. The provided chart below breaks down the values in percentile of Kuwait’s top 1 import partners for 2024.
Kuwait Top 1 Import Trading Partners
| Rank | Import Trading Partners | Shipments |
|---|
Data Source : Volza Import Data
Import Data Sample record
Kuwait Import Data Sample record
Kuwait import data covers all important shipping details that are essential for businesses to find importers in Kuwait, analyze market trends and identify potential industries. Kuwait trade data contains customs-based details including Date, Importer Name, HS Code, HS Code Description, Commercial Description, Gross Weight, Net Weight, Total Value USD and Origin Country. View Kuwait import data sample with complete number of fields available in data.
Kuwait Import Data Sample record
Wine of fresh grapes, including fortified wines; grape must other than that of heading 2009
- Date:
- 30 Apr 2024
- HS Code:
- 39209999
- Quantity:
- 100
- Quantity Unit:
- NOS
- Value FC:
- 881
- Value:
- HS Descirption:
- Other plates, sheets, film, foil and strip, of plastics, non-cellular and not-reinforced, laminated, supported or similarly combined with other materials
- Exporter:
- INGLOBE EXPORTS
- Importer:
- PLASTIC INDUSTRIES
Data Source : Volza Import Data
Kuwait Import Fields
S.No | Data Fields |
|---|---|
1 | |
2 | |
3 | |
4 | |
5 | |
6 | |
7 | |
8 | |
9 |
Total 72 Fields
Data Source : Volza Import Data
Top 10 Import Ports
Kuwait Top 10 Import Ports
Kuwait's global import trade operates through over 10 ports. Kuwait stands as the predominant port, handling 886,248 import shipments, which constitutes a 40.54% market share. Shuwaikh follows with an 40.48% share, accounting for 885,102 shipments, while Thoothibari LCS contributes a 9.36% market share with its 204,702 shipments. For detailed import 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 import ports facilitate the consistent delivery of essential goods across Kuwait.
Kuwait Top 10 Import Ports
| Rank | Importers | Count |
|---|
Data Source : Volza Import Data
Import Bill of Lading
- Import Shipments of Kuwait
- 3,638,104
- Date
- 30-04-2024
- Shipper Name
- PLASTIC INDUSTRIES
- Consignee Name
- INGLOBE EXPORTS
- Weight Unit
- NOS
- Quantity
- 100
- Shipment Origin
- India
- Port of origin
- Jnpt