🇰🇼 Kuwait imports of silver: 2024 trade data
In 2024, Kuwait imported silver worth $13.8 million (19 tonnes). Value rose 342% on 2023. Over 2017-2024 the trade grew strongly, by about 83% a year on average. The peak in this period was 2022, at $26.2 million.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of silver by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $13.8M | 19 t |
| 2023 | $3.1M | 13 t |
| 2022 | $26.2M | 48 t |
| 2021 | $5.9M | 21 t |
| 2020 | $8.6M | 29 t |
| 2019 | $875K | 12 t |
| 2018 | $1.2M | 19 t |
| 2017 | $200K | 2 t |
Where Kuwait imports silver from
One supplier dominates: United Arab Emirates accounted for 90% of the value. Among the main suppliers, Switzerland grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| 🇦🇪 United Arab Emirates | $12.5M | 90% |
| 🇨🇭 Switzerland | $797K | 5.8% |
| 🇹🇷 Turkey | $377K | 2.7% |
| 🇩🇪 Germany | $87K | 0.6% |
| 🇺🇸 United States | $19K | 0.1% |
| 🇸🇬 Singapore | $14K | 0.1% |
| 🇦🇺 Australia | $11K | 0.1% |
| 🇭🇰 Hong Kong | $7K | 0.1% |
| 🇬🇧 United Kingdom | $6K | 0% |
| 🇮🇳 India | $4K | 0% |
Types of silver under HS 7106
| 7106.91 | Metals: silver, unwrought, (but not powder) | 97% |
| 7106.92 | Metals: silver, semi-manufactured | 2.8% |
Codes and full descriptions: HS heading 7106.
Average import price of silver
The average declared value was about $716.64 per kg, close to the world average of $633.55.
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 7106: Silver (including silver plated with gold or platinum); unwrought or in semi-manufactured forms, or in powder form.
Silver trade in Kuwait: questions
What is the value of silver imported by Kuwait?
Kuwait imported silver worth $13.8 million in 2024 (19 tonnes).
Where does Kuwait import silver from?
The main supplier countries in 2024 were United Arab Emirates (90%), Switzerland (6%), Turkey (3%).
What is the average import price of silver in Kuwait?
The average declared import value was about $716.64 per kg in 2024, against a world average of $633.55 per kg.
What is the HS code for silver?
Silver falls under HS heading 7106 (Silver (including silver plated with gold or platinum); unwrought or in semi-manufactured forms, or in powder form). The six-digit codes under it split the product by type.
How can I find the companies trading silver 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.
Silver trade in other countries
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