Top Export Products of Kuwait

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10-Apr-2025

Overview

Kuwait

As the Kuwait export data reveals, the nation's top export products for 2023 were prominently characterized by:

> Crude Oil: 60%

> Refined Petroleum: 20%

> Petrochemicals: 10%

> Fertilizers: 3%

> Plastics: 2%

> Machinery: 1%

> Textiles: 1%

> Foodstuffs: 1%

> Chemicals: 1%

> Electronics: 1%

These top 10 export items represented a significant 100% of Kuwait's total export value for 2023. When analyzing Kuwait's customs records, it's evident that the fastest-growing export categories were Crude Oil (USD 60 billion), Refined Petroleum (USD 20 billion), and Petrochemicals (USD 10 billion) showing a robust upward trend. Conversely, the declining sectors in the export landscape included products of the Fertilizers, Plastics, Machinery, as well as Foodstuffs.

For businesses and market analysts, the subsequent chart offers a deeper dive, showcasing the monetary value and market dynamics of Kuwait’s top 10 export commodities for 2023.

YOY and MOM comparison of growth and share of top Export Products of kuwait

Top Export Products of Kuwait

YOY comparison of growth and share of top Export Products of Kuwait

MOM comparison of growth and share of top Export Products of Kuwait

Export Products of Kuwait
100

1M 3M 6M 1Y 3Y ALL

Top Products		2023	2022	Growth%	2023 Share	2022 Share
Petroleum oils and oils obtained from bituminous minerals, Other than crude; preparations not elsewhere specified or included, Containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, These oils being the basic cons HSN Code: 27101931 27101943 27101219 Exporters : Kuwait Exporters 1,861 Kuwait Exporters Shipment 21,560	Value	$1,058,993,882,261.95	$16,088,223,077.78	6482.42%	98.31%	40.19%
	Shipment	6,662	4,472	48.97%	14.46%	10.93%
Ferrous waste and scrap; remelting scrap ingots of iron or steel HSN Code: 72044990 72044900 72044910 Exporters : Kuwait Exporters 451 Kuwait Exporters Shipment 12,453	Value	$187,750,016.54	$135,571,753.84	38.49%	0.02%	0.34%
	Shipment	4,277	5,046	-15.24%	9.29%	12.33%
I. primary forms polymers of ethylene, In primary forms HSN Code: 39012000 39011010 39011000 Exporters : Kuwait Exporters 505 Kuwait Exporters Shipment 9,689	Value	$490,894,121.72	$1,439,065,586.41	-65.89%	0.05%	3.59%
	Shipment	3,166	3,338	-5.15%	6.87%	8.16%
Aluminium waste and scrap HSN Code: 76020010 76020090 76020019 Exporters : Kuwait Exporters 280 Kuwait Exporters Shipment 7,284	Value	$74,652,611.36	$81,912,682.7	-8.86%	0.01%	0.20%
	Shipment	2,459	2,494	-1.40%	5.34%	6.09%
Acyclic alcoholsand their halogenated, Sulphonated, Nitrated or nitrosated derivatives - saturated monohydric alcohols : HSN Code: 29053100 29053995 29053990 Exporters : Kuwait Exporters 57 Kuwait Exporters Shipment 4,847	Value	$698,785,425.71	$754,087,520.42	-7.33%	0.06%	1.88%
	Shipment	1,743	1,571	10.95%	3.78%	3.84%
Cyclic hydrocarbons HSN Code: 29025000 29024300 29025010 Exporters : Kuwait Exporters 107 Kuwait Exporters Shipment 4,600	Value	$1,294,549,980.31	$768,269,143.27	68.50%	0.12%	1.92%
	Shipment	1,749	835	109.46%	3.80%	2.04%
Petroleum gases and other gaseous hydrocarbons - liquified : HSN Code: 27111200 27111300 27111900 Exporters : Kuwait Exporters 121 Kuwait Exporters Shipment 3,153	Value	$2,601,644,103.13	$2,708,194,163.32	-3.93%	0.24%	6.76%
	Shipment	1,151	1,009	14.07%	2.50%	2.47%
Women’s or girls’ suits, Ensembles, Jackets, Blazers, Dresses, Skirts, Divided skirts, Trousers, Bib and brace overalls, Breeches and shorts (other than swimwear) ---- suits : HSN Code: 62044300 62044200 62046239 Exporters : Kuwait Exporters 47 Kuwait Exporters Shipment 3,022	Value	$3,473,229.75	$1,954,679.95	77.69%	0.00%	0.00%
	Shipment	1,195	1,016	17.62%	2.59%	2.48%
Sulphur of all kinds, Other than sublimed sulphur, Precipitated sulphur and collodial sulphur HSN Code: 25030000 25030020 25030010 Exporters : Kuwait Exporters 71 Kuwait Exporters Shipment 2,128	Value	$76,705,559.42	$72,096,839.23	6.39%	0.01%	0.18%
	Shipment	2,032	26	7715.38%	4.41%	0.06%
Copper waste and scrap HSN Code: 74040012 74040090 74040022 Exporters : Kuwait Exporters 136 Kuwait Exporters Shipment 2,107	Value	$67,832,070.69	$85,849,131.21	-20.99%	0.01%	0.21%
	Shipment	674	1,046	-35.56%	1.46%	2.56%
Footwear with outer soles of rubber, Plastics, Leather or composition leather and uppers of leather - sports footwear : HSN Code: 64039911 64039998 64035911 Exporters : Kuwait Exporters 9 Kuwait Exporters Shipment 2,064	Value	$3,786,117.31	$3,214,175.35	17.79%	0.00%	0.01%
	Shipment	907	656	38.26%	1.97%	1.60%
Polymers of propylene or of other olefins, In primary forms HSN Code: 39021000 39023000 39029000 Exporters : Kuwait Exporters 100 Kuwait Exporters Shipment 2,061	Value	$126,136,370.88	$176,482,062.22	-28.53%	0.01%	0.44%
	Shipment	791	707	11.88%	1.72%	1.73%
Recovered (waste and scrap) paper or paperboard HSN Code: 47079000 47072000 47071000 Exporters : Kuwait Exporters 124 Kuwait Exporters Shipment 1,707	Value	$15,476,170.71	$37,252,365.89	-58.46%	0.00%	0.09%
	Shipment	459	789	-41.83%	1.00%	1.93%
Electrical resistors (including rheostats and potentiometers), Other than heating resistors HSN Code: 85332100 85334010 85334090 Exporters : Kuwait Exporters 5 Kuwait Exporters Shipment 1,702	Value	$5,166.36	$20,341.11	-74.60%	0.00%	0.00%
	Shipment	1,149	553	107.78%	2.49%	1.35%
HSN Code: 000000 0000 00000416 Exporters : Kuwait Exporters 126 Kuwait Exporters Shipment 1,566	Value	$8,707.24	$6,419.72	35.63%	0.00%	0.00%
	Shipment	638	485	31.55%	1.39%	1.19%

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