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Kuwait: Trade Statistics

Exporter Rank

45 / 127

Importer Rank

58 / 127

Trade Balance Rank

16 / 127

Total Trade [1]

Total Exports (2019) $64,482,096,620
Total Imports (2019) $33,530,892,789
Trade Balance (2019) $30,951,203,831
Exports of goods and services (% of GDP) (2019) [2] 53.29%
Imports of goods and services (% of GDP) (2019) [2] 44.89%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Iraq $960,208,467
China $910,738,588
India $805,486,104
Saudi Arabia $658,489,760
United Arab Emirates $569,836,022
Qatar $359,562,821
Oman $204,233,715
Pakistan $188,116,111
Jordan $107,083,529
Turkey $85,426,758

Import Partners

Top 10 Import Countries

Country Import USD$
China $5,988,380,245
United States $3,052,431,863
United Arab Emirates $2,821,389,659
Japan $2,113,393,142
Saudi Arabia $2,075,504,976
India $1,903,915,964
Germany $1,750,849,556
Italy $1,450,516,162
South Korea $901,866,085
United Kingdom $878,210,581

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(27) Oil & Mineral Fuels $58,689,726,858
(29) Organic Chemicals $1,667,540,691
(87) Motor Vehicles & Parts $1,099,964,883
(39) Plastics $626,953,392
(84) Industrial Machinery $309,507,742
(85) Electrical Machinery $216,717,152
(38) Chemical Products $159,578,091
(71) Precious Stones & Metals $135,843,623
(40) Rubber $113,976,859
(20) Preserved Fruits & Vegetables $104,331,114

Top 10 Import Goods

HS Code Import USD$
(87) Motor Vehicles & Parts $4,397,341,094
(84) Industrial Machinery $3,921,282,988
(85) Electrical Machinery $3,676,366,335
(73) Iron & Steel Articles $1,912,845,974
(30) Pharmaceuticals $1,390,645,844
(71) Precious Stones & Metals $1,094,903,366
(39) Plastics $1,041,824,839
(72) Iron & Steel $927,004,176
(90) Precision Instruments $899,667,028
(94) Furniture $684,032,309

Sources:

  1. UN Comtrade (2019) except where stated otherwise.
  2. The World Bank. Accessed: 1/21/2022
Kuwait