Silver jewelry and components imports in Kuwait: data, top suppliers and prices
Imports of silver jewelry and components by Kuwait reached $7.6 million in 2024 (3 tonnes). That is 33% more than in 2023. Over 2017-2024 the trade grew strongly, by about 10% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $7.6M | 3 t |
| 2023 | $5.7M | 3 t |
| 2022 | $6.8M | 4 t |
| 2021 | $5.8M | 2 t |
| 2020 | $2.5M | 1 t |
| 2019 | $3.8M | 2 t |
| 2018 | $4.4M | 2 t |
| 2017 | $3.9M | 1 t |
Where Kuwait imports silver jewelry and components from
The largest suppliers were China (31%), France (24%), Italy (17%). Among the main suppliers, China grew fastest (+305% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| China | $2.4M | 31% |
| France | $1.8M | 24% |
| Italy | $1.3M | 17% |
| Turkey | $563K | 7.4% |
| Thailand | $393K | 5.1% |
| United States | $386K | 5% |
| Hong Kong | $191K | 2.5% |
| Ireland | $166K | 2.2% |
| United Arab Emirates | $80K | 1.1% |
| Denmark | $76K | 1% |
Average import price per kg
The average declared value was about $2,636.31 per kg, 104% above the world average of $1,291.50. 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.
Silver jewelry and components exports from Kuwait
In 2024, Kuwait exported silver jewelry and components worth $324 thousand (0 tonnes). Switzerland alone took 56% of it. Among the main buyer markets, Switzerland grew fastest (+526% on the year before).
| Destination | Value | Share |
|---|---|---|
| Switzerland | $182K | 56% |
| Netherlands | $56K | 17% |
| Saudi Arabia | $25K | 7.8% |
| Italy | $23K | 7% |
| United Arab Emirates | $14K | 4.4% |
| Qatar | $10K | 3.2% |
| France | $10K | 3% |
| United States | $3K | 0.9% |
| Czech Republic | $1K | 0.3% |
| Bahrain | $1K | 0.1% |
Who is behind these numbers in Kuwait?
The shipment records behind Kuwait silver jewelry and components imports (HS 7113.11): companies, dates, quantities and declared values.
Shipment records are in the platform
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Mirror data: built from the shipment records of the countries that trade with it.
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 7113.11: Jewellery: of silver, whether or not plated or clad with other precious metal, and parts thereof.
Common questions
What is the value of silver jewelry and components imported by Kuwait?
Kuwait imported silver jewelry and components worth $7.6 million in 2024, the latest year with complete public data, about 3 tonnes. That ranks it 66th of 201 countries worldwide, with 0% of world imports. The value was up 33% on 2023.
Which countries supply silver jewelry and components to Kuwait?
China was the largest supplier with 31% of the value ($2.4 million), followed by France (24%) and Italy (17%). The top three together account for 71%, out of 45 supplier countries in total. China grew fastest among the top ten, up 305% on the year.
What is the average import price of silver jewelry and components per kg?
The average declared import value was about $2,636.31 per kg in 2024, 104% above the world average of $1,291.50 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of silver jewelry and components to Kuwait changed since 2017?
Imports went from $3.9 million in 2017 to $7.6 million in 2024, an increase of 95%. 2024 was the highest year in the period. Over 8 years the average was $5.1 million a year.
Does Kuwait also export silver jewelry and components?
Yes. Kuwait exported $324 thousand worth of this product in 2024, mainly to Switzerland, the Netherlands and Saudi Arabia. On balance Kuwait is a net importer of this product, by about $7.3 million a year.
What is the HS code for silver jewelry and components?
The HS code for silver jewelry and components is subheading 7113.11. It sits in HS chapter 71 (natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin). The full list of codes and descriptions is on the HS 7113 page.
How can I find the companies behind this trade?
For Kuwait, EximDataX reads the shipment records of the countries that trade with it and shows the companies on both sides. We can walk you through your product on a short call.
Same product, other countries
World silver jewelry and components trade: top importers and exporters
More trade data for Kuwait
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