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Kuwait Trade Summary

2004

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 2004

Overall Exports and Imports for Kuwait 2004

Exports and imports of Kuwait in 2004 are below, along with number of countries and products

  • The total value of exports (FoB) was 28,648 million.
  • The total value of imports (CIF) was 12,631 million.
  • At the HS6 digit level, 928 products were exported to 123 countries and 1,530 products were imported from 147 countries.

Kuwait top 5 Export and Import partners 2004

Top five countries to which Kuwait exported in 2004 are below, along with the percent of total exports that went to that country:

  1. Kuwait exports to Unspecified worth US$ 26,724 million, with a partner share of 93.28 percent.
  2. Kuwait exports to Saudi Arabia worth US$ 207 million, with a partner share of 0.72 percent.
  3. Kuwait exports to Iraq worth US$ 196 million, with a partner share of 0.69 percent.
  4. Kuwait exports to United Arab Emirates worth US$ 192 million, with a partner share of 0.67 percent.
  5. Kuwait exports to Indonesia worth US$ 174 million, with a partner share of 0.61 percent.

Top five countries from which Kuwait imported goods in 2004 are below, along with percent of total imports that came from the country :

  1. Kuwait imports from Germany worth US$ 1,447 million, with a partner share of 11.46 percent.
  2. Kuwait imports from United States worth US$ 1,358 million, with a partner share of 10.75 percent.
  3. Kuwait imports from Saudi Arabia worth US$ 1,001 million, with a partner share of 7.92 percent.
  4. Kuwait imports from China worth US$ 856 million, with a partner share of 6.78 percent.
  5. Kuwait imports from Japan worth US$ 809 million, with a partner share of 6.40 percent.

Kuwait Top 5 Productsexports imports at HS 6 digit level 2004

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$ 16,652,961.77 million.
  2. Kuwait exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 8,867,945.74 million.
  3. Kuwait exported Propane, liquefied , worth US$ 670,846.82 million.
  4. Kuwait exported Polyethylene having a specific gravity >=0.94, , worth US$ 566,448.75 million.
  5. Kuwait exported Butanes, liquefied , worth US$ 456,965.37 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$ 303,963.96 million.
  2. Kuwait imported Art. of jewellery and pts thereof of/o prec mtl , worth US$ 172,620.05 million.
  3. Kuwait imported Transmission apparatus, for radioteleph incorpo , worth US$ 142,475.19 million.
  4. Kuwait imported Trailers nes for the transport of goods , worth US$ 122,263.54 million.
  5. Kuwait imported Live sheep , worth US$ 113,601.40 million.

Exports and Imports of Product Groups 2004

Exports and imports of products by stages of processing in 2004 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2004

Tariffs imposed by Kuwait in 2004 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 2004

Key Development Indicators of Kuwait in 2004 are below

  • Kuwait GDP in current US dollar was 59,439 million.
  • GNI per capita, Atlas method (current US$) was 28,510.00 .
  • Kuwait Trade balance: as % of GDP was 24.54.
  • Trade balance in current US$ was 14,584.00 million.
  • Trade as percentage of GDP was 89.30 .
  • Trade in services as percentage of GDP was 18.95 .

Trade Indicators 2004

Trade Indicators for Kuwait in 2004 are below

  • Hirschman Herfindahl market concentration index was 0.10.
  • Index of export market penetration was 2.05.
  • World Growth in percentage was 10.40 and Kuwait Country Growth was 16.04 .