🇰🇼 Kuwait imports of electromagnet: 2024 trade data
Imports of electromagnet by Kuwait reached $2.8 million in 2024 (86 tonnes). That is 14% more than in 2023. Over 2017-2024 it shrank by about 5% a year on average. The peak in this period was 2019, at $5.7 million.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of electromagnet by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $2.8M | 86 t |
| 2023 | $2.5M | 195 t |
| 2022 | $2.6M | 108 t |
| 2021 | $2.1M | 61 t |
| 2020 | $3.0M | 121 t |
| 2019 | $5.7M | 216 t |
| 2018 | $3.8M | 174 t |
| 2017 | $4.2M | 332 t |
Where Kuwait imports electromagnet from
The largest suppliers were Japan (30%), China (21%), United States (21%). Among the main suppliers, Japan grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| 🇯🇵 Japan | $850K | 30% |
| 🇨🇳 China | $593K | 21% |
| 🇺🇸 United States | $590K | 21% |
| 🇩🇪 Germany | $176K | 6.2% |
| 🇳🇱 Netherlands | $118K | 4.1% |
| 🇮🇳 India | $74K | 2.6% |
| Taiwan | $52K | 1.8% |
| 🇵🇱 Poland | $52K | 1.8% |
| 🇮🇹 Italy | $45K | 1.6% |
| 🇲🇽 Mexico | $27K | 1% |
Types of electromagnet under HS 8505
| 8505.90 | Magnets: electro-magnets, holding devices and parts n.e.c. in heading no. 8505 | 61% |
| 8505.20 | Magnets: electro-magnetic couplings, clutches and brakes | 19% |
| 8505.11 | Magnets: permanent magnets and articles intended to become permanent magnets after magnetisation, of metal | 13% |
| 8505.19 | Magnets: permanent magnets and articles intended to become permanent magnets after magnetisation, other than of metal | 6.7% |
Codes and full descriptions: HS heading 8505.
Average import price of electromagnet
The average declared value was about $33.18 per kg, 113% above the world average of $15.58. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in Kuwait?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Mirror data: built from the shipment records of the countries that trade with it.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 8505: Electro-magnets; permanent magnets, intended permanent magnets; electro-magnetic, permanent magnet chucks, clamps, similar; electromagnetic couplings, clutches, brakes; electro-magnetic lifting heads.
Electromagnet trade in Kuwait: questions
What is the value of electromagnet imported by Kuwait?
Kuwait imported electromagnet worth $2.8 million in 2024 (86 tonnes).
Where does Kuwait import electromagnet from?
The main supplier countries in 2024 were Japan (30%), China (21%), United States (21%).
What is the average import price of electromagnet in Kuwait?
The average declared import value was about $33.18 per kg in 2024, against a world average of $15.58 per kg.
What is the HS code for electromagnet?
Electromagnet falls under HS heading 8505 (Electro-magnets; permanent magnets, intended permanent magnets; electro-magnetic, permanent magnet chucks, clamps, simil). The six-digit codes under it split the product by type.
How can I find the companies trading electromagnet with Kuwait?
These public statistics stop at country level. EximDataX builds Kuwait trade from the records of its trading partners, updated weekly, so you can see who ships this product there.
Electromagnet trade in other countries
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