Key Market Indicators
Kuwait is projected to see growth in copper exports and imports over the next five years. Exports are expected to increase 1.8% to $43 million by 2026, up from $39 million in 2021. Since 2005, Kuwaiti copper exports have jumped 16.2%. In 2021, Kuwait ranked 73rd in the world. Bosnia and Herzegovina overtook Kuwait at $39 million. Germany, the United States and Japan ranked second, third and fourth respectively. Meanwhile, imports are expected to reach $199 million by 2026, a 0.4% increase from $195 million in 2021. Since 2005, Kuwaiti copper demand has increased 3.8%. In 2021, Kuwait ranked 55th in the world. Belarus overtook Kuwait at $195 million. Germany, the United States and Italy ranked second, third and fourth respectively.
