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Kuwait Trade Summary

2003

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 2003

Overall Exports and Imports for Kuwait 2003

Exports and imports of Kuwait in 2003 are below, along with number of countries and products

  • The total value of exports (FoB) was 20,638 million.
  • The total value of imports (CIF) was 10,992 million.
  • At the HS6 digit level, 864 products were exported to 127 countries and 1,517 products were imported from 147 countries.

Kuwait top 5 Export and Import partners 2003

Top five countries to which Kuwait exported in 2003 are below, along with the percent of total exports that went to that country:

  1. Kuwait exports to Unspecified worth US$ 18,965 million, with a partner share of 91.90 percent.
  2. Kuwait exports to Saudi Arabia worth US$ 229 million, with a partner share of 1.11 percent.
  3. Kuwait exports to Iraq worth US$ 180 million, with a partner share of 0.87 percent.
  4. Kuwait exports to United Arab Emirates worth US$ 167 million, with a partner share of 0.81 percent.
  5. Kuwait exports to Indonesia worth US$ 125 million, with a partner share of 0.61 percent.

Top five countries from which Kuwait imported goods in 2003 are below, along with percent of total imports that came from the country :

  1. Kuwait imports from United States worth US$ 1,278 million, with a partner share of 11.62 percent.
  2. Kuwait imports from Germany worth US$ 1,129 million, with a partner share of 10.27 percent.
  3. Kuwait imports from Japan worth US$ 1,084 million, with a partner share of 9.86 percent.
  4. Kuwait imports from Saudi Arabia worth US$ 746 million, with a partner share of 6.78 percent.
  5. Kuwait imports from China worth US$ 628 million, with a partner share of 5.71 percent.

Kuwait Top 5 Productsexports imports at HS 6 digit level 2003

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$ 11,516,431.06 million.
  2. Kuwait exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 6,532,104.26 million.
  3. Kuwait exported Propane, liquefied , worth US$ 553,687.53 million.
  4. Kuwait exported Polyethylene having a specific gravity >=0.94, , worth US$ 335,112.95 million.
  5. Kuwait exported Polyethylene having a specific gravity <0.94, i , worth US$ 297,131.11 million.

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

  1. Kuwait imported Wheeled tractors nes , worth US$ 174,579.58 million.
  2. Kuwait imported Art. of jewellery and pts thereof of/o prec mtl , worth US$ 154,873.30 million.
  3. Kuwait imported Transmission apparatus, for radioteleph incorpo , worth US$ 133,365.33 million.
  4. Kuwait imported Parts and accessories of automatic data process , worth US$ 114,106.59 million.
  5. Kuwait imported Live sheep , worth US$ 101,623.76 million.

Exports and Imports of Product Groups 2003

Exports and imports of products by stages of processing in 2003 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2003

Tariffs imposed by Kuwait in 2003 are below

  • The maximum rate of tariff in percentage on any product was 100 percent.
  • The simple average tariff across all products was 4.82 percent.
  • The trade weighted average tariff was 4.52 .
  • The total duty free imports in thousands of US dollars were 1,666,281.88 and duty free tariff line items share was 4.40 percent.

Development Indicators 2003

Key Development Indicators of Kuwait in 2003 are below

  • Kuwait GDP in current US dollar was 47,875 million.
  • GNI per capita, Atlas method (current US$) was 23,240.00 .
  • Kuwait Trade balance: as % of GDP was 17.63.
  • Trade balance in current US$ was 8,439.00 million.
  • Trade as percentage of GDP was 86.56 .
  • Trade in services as percentage of GDP was 20.38 .

Trade Indicators 2003

Trade Indicators for Kuwait in 2003 are below

  • Hirschman Herfindahl market concentration index was 0.11.
  • Index of export market penetration was 1.98.
  • World Growth in percentage was 8.09 and Kuwait Country Growth was 13.82 .