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Kuwait Trade Summary

2002

Kuwait exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR KUWAIT 2002

Overall Exports and Imports for Kuwait 2002

Exports and imports of Kuwait in 2002 are below, along with number of countries and products

  • The total value of exports (FoB) was 15,406 million.
  • The total value of imports (CIF) was 9,007 million.
  • At the HS6 digit level, 830 products were exported to 126 countries and 1,587 products were imported from 137 countries.

Kuwait top 5 Export and Import partners 2002

Top five countries to which Kuwait exported in 2002 are below, along with the percent of total exports that went to that country:

  1. Kuwait exports to Unspecified worth US$ 14,111 million, with a partner share of 91.59 percent.
  2. Kuwait exports to Saudi Arabia worth US$ 173 million, with a partner share of 1.12 percent.
  3. Kuwait exports to United Arab Emirates worth US$ 138 million, with a partner share of 0.90 percent.
  4. Kuwait exports to Indonesia worth US$ 130 million, with a partner share of 0.84 percent.
  5. Kuwait exports to India worth US$ 83 million, with a partner share of 0.54 percent.

Top five countries from which Kuwait imported goods in 2002 are below, along with percent of total imports that came from the country :

  1. Kuwait imports from United States worth US$ 987 million, with a partner share of 10.96 percent.
  2. Kuwait imports from Japan worth US$ 963 million, with a partner share of 10.69 percent.
  3. Kuwait imports from Germany worth US$ 840 million, with a partner share of 9.32 percent.
  4. Kuwait imports from Saudi Arabia worth US$ 581 million, with a partner share of 6.45 percent.
  5. Kuwait imports from Italy worth US$ 504 million, with a partner share of 5.59 percent.

Kuwait Top 5 Productsexports imports at HS 6 digit level 2002

The top five exported HS 6 digit level products to world by Kuwait along with trade value are:

  1. Kuwait exported Petroleum oils and oils obtained from bituminou , worth US$ 8,174,613.78 million.
  2. Kuwait exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 5,218,064.88 million.
  3. Kuwait exported Propane, liquefied , worth US$ 422,373.49 million.
  4. Kuwait exported Polyethylene having a specific gravity >=0.94, , worth US$ 352,723.69 million.
  5. Kuwait exported Polyethylene having a specific gravity <0.94, i , worth US$ 276,179.41 million.

The top five imported HS 6 digit level products from world by Kuwait along with trade value are

  1. Kuwait imported Art. of jewellery and pts thereof of/o prec mtl , worth US$ 169,815.57 million.
  2. Kuwait imported Transmission apparatus, for radioteleph incorpo , worth US$ 122,260.52 million.
  3. Kuwait imported Parts and accessories of automatic data process , worth US$ 105,286.75 million.
  4. Kuwait imported Live sheep , worth US$ 102,006.24 million.
  5. Kuwait imported Pebbles, gravel, shingle and flint , worth US$ 87,429.21 million.

Exports and Imports of Product Groups 2002

Exports and imports of products by stages of processing in 2002 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2002

Tariffs imposed by Kuwait in 2002 are below

  • The maximum rate of tariff in percentage on any product was 100 percent.
  • The simple average tariff across all products was 3.46 percent.
  • The trade weighted average tariff was 4.30 .
  • The total duty free imports in thousands of US dollars were 978,827.34 and duty free tariff line items share was 16.12 percent.

Development Indicators 2002

Key Development Indicators of Kuwait in 2002 are below

  • Kuwait GDP in current US dollar was 38,136 million.
  • GNI per capita, Atlas method (current US$) was 19,760.00 .
  • Kuwait Trade balance: as % of GDP was 8.01.
  • Trade balance in current US$ was 3,053.00 million.
  • Trade as percentage of GDP was 81.23 .
  • Trade in services as percentage of GDP was 19.63 .

Trade Indicators 2002

Trade Indicators for Kuwait in 2002 are below

  • Hirschman Herfindahl market concentration index was 0.12.
  • Index of export market penetration was 1.96.
  • World Growth in percentage was 2.45 and Kuwait Country Growth was -0.77 .