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Kuwait: Trade Statistics

Exporter Rank

40 / 121

Importer Rank

50 / 121

Trade Balance Rank

14 / 121

Total Trade [1]

Total Exports (2017) $54,806,847,168
Total Imports (2017) $33,589,651,936
Trade Balance (2017) $21,217,195,232
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 $765,906,298
Saudi Arabia $668,490,655
United Arab Emirates $590,418,985
China $499,669,672
Iraq $464,211,723
Qatar $359,429,184
Oman $194,791,333
Pakistan $150,153,327
United States $137,094,603
Russia $126,041,939

Import Partners

Top 10 Import Countries

Country Import USD$
China $5,499,610,886
United States $3,443,296,845
United Arab Emirates $2,929,741,962
Germany $1,992,553,350
Saudi Arabia $1,836,176,375
India $1,758,328,596
Japan $1,720,404,498
South Korea $1,554,537,833
Italy $1,516,277,847
United Kingdom $907,577,006

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

Top 10 Export Goods

HS Code Export USD$
(27) Oil & Mineral Fuels $49,605,292,097
(29) Organic Chemicals $1,228,914,104
(87) Motor Vehicles & Parts $854,088,441
(39) Plastics $661,324,370
(31) Fertilizers $239,855,605
(84) Industrial Machinery $237,375,776
(99) Items nesoi $194,175,406
(85) Electrical Machinery $142,846,409
(38) Chemical Products $105,445,650
(71) Precious Stones & Metals $104,588,036

Top 10 Import Goods

HS Code Import USD$
(84) Industrial Machinery $4,934,818,170
(85) Electrical Machinery $4,283,119,904
(87) Motor Vehicles & Parts $3,809,470,286
(73) Iron & Steel Articles $1,939,575,317
(30) Pharmaceuticals $1,365,537,804
(71) Precious Stones & Metals $1,200,616,369
(90) Precision Instruments $985,329,346
(72) Iron & Steel $936,277,604
(39) Plastics $801,912,493
(94) Furniture $744,581,453

Sources:

  1. UN Comtrade (2017) except where stated otherwise.
  2. The World Bank. Accessed: 12/1/2018
Kuwait