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Kuwait Trade Summary

2006

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 2006

Overall Exports and Imports for Kuwait 2006

Exports and imports of Kuwait in 2006 are below, along with number of countries and products

  • The total value of exports (FoB) was 56,003 million.
  • The total value of imports (CIF) was 17,240 million.
  • At the HS6 digit level, 2,692 products were exported to 139 countries and 4,519 products were imported from 169 countries.

Kuwait top 5 Export and Import partners 2006

Top five countries to which Kuwait exported in 2006 are below, along with the percent of total exports that went to that country:

  1. Kuwait exports to Unspecified worth US$ 53,167 million, with a partner share of 94.94 percent.
  2. Kuwait exports to United Arab Emirates worth US$ 345 million, with a partner share of 0.62 percent.
  3. Kuwait exports to Saudi Arabia worth US$ 327 million, with a partner share of 0.58 percent.
  4. Kuwait exports to India worth US$ 305 million, with a partner share of 0.55 percent.
  5. Kuwait exports to Indonesia worth US$ 184 million, with a partner share of 0.33 percent.

Top five countries from which Kuwait imported goods in 2006 are below, along with percent of total imports that came from the country :

  1. Kuwait imports from United States worth US$ 1,940 million, with a partner share of 11.25 percent.
  2. Kuwait imports from China worth US$ 1,594 million, with a partner share of 9.25 percent.
  3. Kuwait imports from Japan worth US$ 1,378 million, with a partner share of 7.99 percent.
  4. Kuwait imports from Saudi Arabia worth US$ 1,369 million, with a partner share of 7.94 percent.
  5. Kuwait imports from Germany worth US$ 1,303 million, with a partner share of 7.56 percent.

Kuwait Top 5 Productsexports imports at HS 6 digit level 2006

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 36,652,002.78 (US$ Thousands).
  2. Kuwait exported Petroleum oils, etc, (excl. crude); preparation , worth 14,631,671.67 (US$ Thousands).
  3. Kuwait exported Propane, liquefied , worth 1,047,839.09 (US$ Thousands).
  4. Kuwait exported Butanes, liquefied , worth 740,215.55 (US$ Thousands).
  5. Kuwait exported Polyethylene having a specific gravity >=0.94, , worth 500,444.09 (US$ Thousands).

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

  1. Kuwait imported Automobiles with reciprocating piston engine di , worth 1,747,828.66 (US$ Thousands).
  2. Kuwait imported Ingots, iron or non-alloy steel, of a purity of , worth 263,526.77 (US$ Thousands).
  3. Kuwait imported Casings,tubing&drill pipe,i/st,smls,for use in , worth 238,921.54 (US$ Thousands).
  4. Kuwait imported Other medicaments of mixed or unmixed products, , worth 207,343.46 (US$ Thousands).
  5. Kuwait imported Gas powered trucks with a GVW not exceeding fiv , worth 192,153.66 (US$ Thousands).

Exports and Imports of Product Groups 2006

Exports and imports of products by stages of processing in 2006 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2006

Tariffs imposed by Kuwait in 2006 are below

  • The maximum rate of tariff in percentage on any product was 1,000.46 percent.
  • The simple average tariff across all products was 4.29 percent.
  • The trade weighted average tariff was 3.74 .
  • The total duty free imports in thousands of US dollars were 4,352,755.47 and duty free tariff line items share was 17.96 percent.

Development Indicators 2006

Key Development Indicators of Kuwait in 2006 are below

  • Kuwait GDP in current US dollar was 101,557 million.
  • GNI per capita, Atlas method (current US$) was 42,480.00 .
  • Kuwait Trade balance: as % of GDP was 41.38.
  • Trade balance in current US$ was 42,023.00 million.
  • Trade as percentage of GDP was 89.71 .
  • Trade in services as percentage of GDP was 18.79 .

Trade Indicators 2006

Trade Indicators for Kuwait in 2006 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 2.22.
  • World Growth in percentage was 7.64 and Kuwait Country Growth was 15.55 .