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Kuwait Trade Summary

2008

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 2008

Overall Exports and Imports for Kuwait 2008

Exports and imports of Kuwait in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 87,457 million.
  • The total value of imports (CIF) was 24,840 million.
  • At the HS6 digit level, 2,335 products were exported to 143 countries and 4,124 products were imported from 175 countries.

Kuwait top 5 Export and Import partners 2008

Top five countries to which Kuwait exported in 2008 are below, along with the percent of total exports that went to that country:

  1. Kuwait exports to Unspecified worth US$ 82,680 million, with a partner share of 94.54 percent.
  2. Kuwait exports to United Arab Emirates worth US$ 691 million, with a partner share of 0.79 percent.
  3. Kuwait exports to India worth US$ 536 million, with a partner share of 0.61 percent.
  4. Kuwait exports to United States worth US$ 469 million, with a partner share of 0.54 percent.
  5. Kuwait exports to Saudi Arabia worth US$ 426 million, with a partner share of 0.49 percent.

Top five countries from which Kuwait imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. Kuwait imports from China worth US$ 2,904 million, with a partner share of 11.69 percent.
  2. Kuwait imports from United States worth US$ 2,675 million, with a partner share of 10.77 percent.
  3. Kuwait imports from Japan worth US$ 2,384 million, with a partner share of 9.60 percent.
  4. Kuwait imports from Germany worth US$ 1,819 million, with a partner share of 7.32 percent.
  5. Kuwait imports from Saudi Arabia worth US$ 1,393 million, with a partner share of 5.61 percent.

Kuwait Top 5 Productsexports imports at HS 6 digit level 2008

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 57,754,482.22 (US$ Thousands).
  2. Kuwait exported Petroleum oils, etc, (excl. crude); preparation , worth 22,309,065.44 (US$ Thousands).
  3. Kuwait exported Propane, liquefied , worth 1,512,931.51 (US$ Thousands).
  4. Kuwait exported Butanes, liquefied , worth 1,137,828.95 (US$ Thousands).
  5. Kuwait exported Ethylene glycol (ethanediol) , worth 873,831.68 (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 2,089,173.70 (US$ Thousands).
  2. Kuwait imported Automobiles with reciprocating piston engine di , worth 969,097.42 (US$ Thousands).
  3. Kuwait imported Ingots, iron or non-alloy steel, of a purity of , worth 711,308.16 (US$ Thousands).
  4. Kuwait imported Transmission apparatus, for radioteleph incorpo , worth 512,729.19 (US$ Thousands).
  5. Kuwait imported Other medicaments of mixed or unmixed products, , worth 365,660.11 (US$ Thousands).

Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by Kuwait in 2008 are below

  • The maximum rate of tariff in percentage on any product was 100 percent.
  • The simple average tariff across all products was 4.03 percent.
  • The trade weighted average tariff was 3.98 .
  • The total duty free imports in thousands of US dollars were 3,611,220.18 and duty free tariff line items share was 20.86 percent.

Development Indicators 2008

Key Development Indicators of Kuwait in 2008 are below

  • Kuwait GDP in current US dollar was 147,380 million.
  • GNI per capita, Atlas method (current US$) was 51,810.00 .
  • Kuwait Trade balance: as % of GDP was 40.84.
  • Trade balance in current US$ was 60,183.00 million.
  • Trade as percentage of GDP was 92.68 .
  • Trade in services as percentage of GDP was 18.82 .

Trade Indicators 2008

Trade Indicators for Kuwait in 2008 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 2.44.
  • World Growth in percentage was -59.29 and Kuwait Country Growth was -84.44 .