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Kuwait: Trade Statistics

Exporter Rank

47 / 138

Importer Rank

60 / 138

Trade Balance Rank

17 / 138

Total Trade [1]

Total Exports (2021) $63,129,693,952
Total Imports (2021) $31,885,707,161
Trade Balance (2021) $31,243,986,791
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$
United Arab Emirates $804,703,451
Saudi Arabia $727,992,445
China $712,813,843
India $701,847,495
Iraq $505,196,588
Pakistan $312,410,892
Qatar $279,537,962
Oman $145,921,464
Jordan $129,686,987
Singapore $84,707,499

Import Partners

Top 10 Import Countries

Country Import USD$
China $5,733,256,569
United Arab Emirates $3,789,754,528
United States $2,547,168,584
Japan $1,836,713,404
Saudi Arabia $1,696,291,655
India $1,672,503,346
Germany $1,405,617,722
Italy $1,214,410,046
United Kingdom $754,691,996
Turkey $753,299,634

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

Top 10 Export Goods

HS Code Export USD$
(27) Oil & Mineral Fuels $57,861,520,880
(29) Organic Chemicals $1,664,346,312
(87) Motor Vehicles & Parts $1,074,571,163
(39) Plastics $412,127,804
(84) Industrial Machinery $257,547,266
(72) Iron & Steel $217,216,519
(85) Electrical Machinery $159,045,598
(04) Dairy Products $101,034,280
(33) Cosmetics $93,854,800
(73) Iron & Steel Articles $93,127,480

Top 10 Import Goods

HS Code Import USD$
(87) Motor Vehicles & Parts $3,976,332,180
(85) Electrical Machinery $2,921,761,557
(84) Industrial Machinery $2,597,382,352
(71) Precious Stones & Metals $2,287,728,095
(30) Pharmaceuticals $1,665,824,378
(73) Iron & Steel Articles $983,404,036
(61) Apparel: Knit $927,859,457
(72) Iron & Steel $900,184,505
(39) Plastics $838,565,509
(94) Furniture $773,788,664

Sources:

  1. UN Comtrade (2021) except where stated otherwise.
  2. The World Bank. Accessed: 2/18/2023
Kuwait