EximDataX

๐Ÿ‡ฐ๐Ÿ‡ผ Kuwait imports of tool bits: 2024 trade data

Kuwait imported $69.4 million of tool bits in 2024 (1.1 thousand tonnes). Value rose 35% on 2023. Across 2017-2024 the long-run trend was broadly stable.

imports 2024
$69.4M
+35% vs 2023
Quantity
1.1K t
~$61.78 per kg
World rank
50th
of 222 countries
Supplier countries
48
0.3% of world imports
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Public statistics, latest reported year 2024. Values in US dollars.

Imports of tool bits by year, 2017-2024

$0K$17.3M$34.7M$52.0M$69.4M20172018201920202021202220232024

Hover or tap a year for detail.

Year by year

YearValueQuantity
2024$69.4M1.1K t
2023$51.3M1.5K t
2022$50.3M1.6K t
2021$41.7M669 t
2020$44.9M1.1K t
2019$54.9M849 t
2018$53.7M864 t
2017$47.9M834 t

Where Kuwait imports tool bits from

Most of the value came from United States (35%), Saudi Arabia (28%), China (11%). Among the main suppliers, United Kingdom grew fastest (+394% on the year before).

Share of tool bits imports by partner country, 2024โ‰ฅ25%10-25%3-10%1-3%<1%
Supplier countryValueShare
๐Ÿ‡บ๐Ÿ‡ธ United States$23.9M35%
๐Ÿ‡ธ๐Ÿ‡ฆ Saudi Arabia$19.3M28%
๐Ÿ‡จ๐Ÿ‡ณ China$8.0M12%
๐Ÿ‡ฎ๐Ÿ‡น Italy$6.0M8.6%
๐Ÿ‡ฆ๐Ÿ‡ช United Arab Emirates$3.0M4.3%
๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico$2.1M3%
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom$1.4M2.1%
๐Ÿ‡ณ๐Ÿ‡ด Norway$986K1.4%
๐Ÿ‡ฉ๐Ÿ‡ช Germany$965K1.4%
๐Ÿ‡ฏ๐Ÿ‡ต Japan$782K1.1%

Types of tool bits under HS 8207

8207.19Tools, interchangeable: rock drilling or earth boring tools, with working part (other than of cermets), whether or not power operated, including parts77%
8207.13Tools, interchangeable: rock drilling or earth boring tools, with working part of cermets, whether or not power operated8.6%
8207.90Tools, interchangeable: (for machine or hand tools, whether or not power-operated), for screw-driving or uses n.e.c. in heading no. 82073.9%
8207.60Tools, interchangeable: (for machine or hand tools, whether or not power-operated), for boring or broaching3.8%
8207.50Tools, interchangeable: (for machine or hand tools, whether or not power-operated), tools for drilling (other than rock)2%
8207.30Tools, interchangeable: (for machine or hand tools, whether or not power-operated), tools for pressing, stamping or punching1.2%
8207.40Tools, interchangeable: (for machine or hand tools, whether or not power-operated), tools for tapping or threading1%
8207.20Tools, interchangeable: (for machine or hand tools, whether or not power-operated), dies for drawing or extruding metal0.9%

Codes and full descriptions: HS heading 8207.

Average import price of tool bits

The average declared value was about $61.78 per kg, 178% above the world average of $22.24. This usually points to higher-grade or processed goods.

Kuwait
$61.78/kg
World average
$22.24/kg

Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.

Kuwait also exports tool bits

Exports of tool bits by Kuwait reached $4.1 million in 2024 (781 tonnes). Most of it went to China (32%), United Arab Emirates (26%), Italy (13%). Among the main buyer markets, Iraq grew fastest, more than tenfold on the year before.

DestinationValueShare
๐Ÿ‡จ๐Ÿ‡ณ China$1.3M32%
๐Ÿ‡ฆ๐Ÿ‡ช United Arab Emirates$1.1M26%
๐Ÿ‡ฎ๐Ÿ‡น Italy$528K13%
๐Ÿ‡ธ๐Ÿ‡ฆ Saudi Arabia$358K8.6%
๐Ÿ‡ถ๐Ÿ‡ฆ Qatar$100K2.4%
๐Ÿ‡ด๐Ÿ‡ฒ Oman$97K2.3%
๐Ÿ‡ฎ๐Ÿ‡ถ Iraq$95K2.3%
๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia$92K2.2%
๐Ÿ‡บ๐Ÿ‡ธ United States$77K1.9%
๐Ÿ‡น๐Ÿ‡ท Turkey$65K1.6%
Beyond the public totals

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.

Kuwait on EximDataX

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.

About this data

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 8207: Tools, interchangeable; for hand tools, whether or not power-operated, or for machine tools (pressing, stamping, punching, drilling etc), including dies for drawing or extruding metal, and rock drilling or earth boring tools.

Straight answers

Tool bits trade in Kuwait: questions

What is the value of tool bits imported by Kuwait?

Kuwait imported tool bits worth $69.4 million in 2024 (1.1 thousand tonnes).

Where does Kuwait import tool bits from?

The main supplier countries in 2024 were United States (35%), Saudi Arabia (28%), China (11%).

What is the average import price of tool bits in Kuwait?

The average declared import value was about $61.78 per kg in 2024, against a world average of $22.24 per kg.

Does Kuwait export tool bits?

Yes. Kuwait exported tool bits worth $4.1 million in 2024, mainly to China, United Arab Emirates, Italy.

What is the HS code for tool bits?

Tool bits falls under HS heading 8207 (Tools, interchangeable; for hand tools, whether or not power-operated, or for machine tools (pressing, stamping, punchin). The six-digit codes under it split the product by type.

How can I find the companies trading tool bits 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.

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