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Kuwait: Trade Statistics

Exporter Rank

46 / 146

Importer Rank

56 / 145

Trade Balance Rank

20 / 145

Total Trade [1]

Total Exports (2016) $46,241,982,282
Total Imports (2016) $30,820,178,692
Trade Balance (2016) $15,421,803,590
Exports of goods and services (% of GDP) (2016) [2] 48.23%
Imports of goods and services (% of GDP) (2016) [2] 46.43%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
India $733,532,173
Saudi Arabia $700,269,477
United Arab Emirates $547,839,050
China $501,149,630
Iraq $265,057,698
Qatar $175,285,640
Russia $164,647,137
Oman $144,907,404
Pakistan $127,514,419
United States $126,067,327

Import Partners

Top 10 Import Countries

Country Import USD$
China $4,667,047,585
United States $2,948,175,312
United Arab Emirates $2,807,676,307
Japan $2,010,226,281
Germany $1,941,190,906
India $1,699,884,768
Saudi Arabia $1,521,868,338
Italy $1,401,985,337
South Korea $1,348,224,183
United Kingdom $763,713,991

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

Top 10 Export Goods

HS Code Export USD$
(27) Oil & Mineral Fuels $41,451,916,672
(29) Organic Chemicals $1,160,646,761
(87) Motor Vehicles & Parts $748,214,852
(39) Plastics $685,568,012
(84) Industrial Machinery $223,917,014
(31) Fertilizers $216,737,374
(04) Dairy Products $150,694,179
(71) Precious Stones & Metals $129,304,420
(85) Electrical Machinery $118,040,946
(99) Items nesoi $107,679,589

Top 10 Import Goods

HS Code Import USD$
(84) Industrial Machinery $4,495,719,908
(87) Motor Vehicles & Parts $3,946,306,934
(85) Electrical Machinery $3,534,324,802
(73) Iron & Steel Articles $1,976,439,721
(30) Pharmaceuticals $1,137,666,045
(71) Precious Stones & Metals $1,085,030,286
(90) Precision Instruments $807,147,504
(72) Iron & Steel $728,370,263
(39) Plastics $698,192,409
(94) Furniture $684,418,340

Sources:

  1. UN Comtrade (2016) except where stated otherwise.
  2. The World Bank. Accessed: 9/22/2018
Kuwait