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Kuwait: Trade Statistics

Exporter Rank

39 / 119

Importer Rank

54 / 119

Trade Balance Rank

11 / 119

Total Trade [1]

Total Exports (2018) $71,941,444,555
Total Imports (2018) $35,866,655,317
Trade Balance (2018) $36,074,789,238
Exports of goods and services (% of GDP) (2018) [2] 56.72%
Imports of goods and services (% of GDP) (2018) [2] 43.77%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
India $1,139,862,219
China $952,567,704
United Arab Emirates $797,857,305
Iraq $623,854,127
Saudi Arabia $548,733,763
Qatar $428,821,588
Pakistan $289,406,875
Oman $200,879,835
Turkey $156,313,843
Jordan $96,913,363

Import Partners

Top 10 Import Countries

Country Import USD$
China $5,978,934,096
United States $3,104,011,461
United Arab Emirates $3,099,987,498
Japan $2,104,387,815
Germany $2,044,904,417
Saudi Arabia $2,042,103,872
India $1,861,186,032
Italy $1,585,596,629
South Korea $1,407,865,186
United Kingdom $899,716,015

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

Top 10 Export Goods

HS Code Export USD$
(27) Oil & Mineral Fuels $65,391,330,025
(29) Organic Chemicals $2,103,505,758
(87) Motor Vehicles & Parts $811,859,284
(39) Plastics $811,789,572
(84) Industrial Machinery $287,039,468
(89) Ships & Boats $225,806,692
(85) Electrical Machinery $202,004,864
(38) Chemical Products $152,667,347
(31) Fertilizers $135,409,871
(99) Items nesoi $133,701,332

Top 10 Import Goods

HS Code Import USD$
(84) Industrial Machinery $4,759,942,403
(85) Electrical Machinery $4,236,259,476
(87) Motor Vehicles & Parts $4,142,623,030
(73) Iron & Steel Articles $2,155,296,776
(71) Precious Stones & Metals $1,389,135,514
(30) Pharmaceuticals $1,326,662,066
(90) Precision Instruments $1,084,680,879
(72) Iron & Steel $1,010,055,521
(39) Plastics $857,415,429
(94) Furniture $742,399,463

Sources:

  1. UN Comtrade (2018) except where stated otherwise.
  2. The World Bank. Accessed: 1/12/2020
Kuwait