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Kuwait Trade Summary

2007

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 2007

Overall Exports and Imports for Kuwait 2007

Exports and imports of Kuwait in 2007 are below, along with number of countries and products

  • The total value of exports (FoB) was 62,691 million.
  • The total value of imports (CIF) was 21,362 million.
  • At the HS6 digit level, 2,383 products were exported to 146 countries and 4,366 products were imported from 182 countries.

Kuwait top 5 Export and Import partners 2007

Top five countries to which Kuwait exported in 2007 are below, along with the percent of total exports that went to that country:

  1. Kuwait exports to Unspecified worth US$ 59,197 million, with a partner share of 94.43 percent.
  2. Kuwait exports to United Arab Emirates worth US$ 523 million, with a partner share of 0.83 percent.
  3. Kuwait exports to India worth US$ 389 million, with a partner share of 0.62 percent.
  4. Kuwait exports to Saudi Arabia worth US$ 334 million, with a partner share of 0.53 percent.
  5. Kuwait exports to United States worth US$ 264 million, with a partner share of 0.42 percent.

Top five countries from which Kuwait imported goods in 2007 are below, along with percent of total imports that came from the country :

  1. Kuwait imports from China worth US$ 2,456 million, with a partner share of 11.50 percent.
  2. Kuwait imports from United States worth US$ 2,418 million, with a partner share of 11.32 percent.
  3. Kuwait imports from Japan worth US$ 1,823 million, with a partner share of 8.53 percent.
  4. Kuwait imports from Germany worth US$ 1,593 million, with a partner share of 7.46 percent.
  5. Kuwait imports from Italy worth US$ 1,289 million, with a partner share of 6.04 percent.

Kuwait Top 5 Productsexports imports at HS 6 digit level 2007

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 38,610,941.11 (US$ Thousands).
  2. Kuwait exported Petroleum oils, etc, (excl. crude); preparation , worth 18,660,808.26 (US$ Thousands).
  3. Kuwait exported Propane, liquefied , worth 1,056,363.48 (US$ Thousands).
  4. Kuwait exported Butanes, liquefied , worth 881,500.83 (US$ Thousands).
  5. Kuwait exported Polyethylene having a specific gravity >=0.94, , worth 668,529.11 (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 1,318,850.95 (US$ Thousands).
  2. Kuwait imported Automobiles with reciprocating piston engine di , worth 1,185,374.77 (US$ Thousands).
  3. Kuwait imported Ingots, iron or non-alloy steel, of a purity of , worth 321,387.74 (US$ Thousands).
  4. Kuwait imported Transmission apparatus, for radioteleph incorpo , worth 314,893.42 (US$ Thousands).
  5. Kuwait imported Cement clinkers , worth 274,203.82 (US$ Thousands).

Exports and Imports of Product Groups 2007

Exports and imports of products by stages of processing in 2007 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2007

Tariffs imposed by Kuwait in 2007 are below

  • The maximum rate of tariff in percentage on any product was 100 percent.
  • The simple average tariff across all products was 3.99 percent.
  • The trade weighted average tariff was 3.53 .
  • The total duty free imports in thousands of US dollars were 6,472,491.03 and duty free tariff line items share was 21.85 percent.

Development Indicators 2007

Key Development Indicators of Kuwait in 2007 are below

  • Kuwait GDP in current US dollar was 114,634 million.
  • GNI per capita, Atlas method (current US$) was 47,530.00 .
  • Kuwait Trade balance: as % of GDP was 35.10.
  • Trade balance in current US$ was 40,234.00 million.
  • Trade as percentage of GDP was 91.73 .
  • Trade in services as percentage of GDP was 20.51 .

Trade Indicators 2007

Trade Indicators for Kuwait in 2007 are below

  • Hirschman Herfindahl market concentration index was 0.97.
  • Index of export market penetration was 2.31.
  • World Growth in percentage was 183.19 and Kuwait Country Growth was 727.06 .