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Kuwait Trade Summary

2010

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 2010

Overall Exports and Imports for Kuwait 2010

Exports and imports of Kuwait in 2010 are below, along with number of countries and products

  • The total value of exports (FoB) was 62,698 million.
  • The total value of imports (CIF) was 22,691 million.
  • At the HS6 digit level, 1,835 products were exported to 144 countries and 3,883 products were imported from 187 countries.

Kuwait top 5 Export and Import partners 2010

Top five countries to which Kuwait exported in 2010 are below, along with the percent of total exports that went to that country:

  1. Kuwait exports to Unspecified worth US$ 58,125 million, with a partner share of 92.71 percent.
  2. Kuwait exports to China worth US$ 679 million, with a partner share of 1.08 percent.
  3. Kuwait exports to United Arab Emirates worth US$ 607 million, with a partner share of 0.97 percent.
  4. Kuwait exports to Saudi Arabia worth US$ 490 million, with a partner share of 0.78 percent.
  5. Kuwait exports to India worth US$ 414 million, with a partner share of 0.66 percent.

Top five countries from which Kuwait imported goods in 2010 are below, along with percent of total imports that came from the country :

  1. Kuwait imports from China worth US$ 2,836 million, with a partner share of 12.50 percent.
  2. Kuwait imports from United States worth US$ 2,596 million, with a partner share of 11.44 percent.
  3. Kuwait imports from Japan worth US$ 1,805 million, with a partner share of 7.96 percent.
  4. Kuwait imports from Germany worth US$ 1,659 million, with a partner share of 7.31 percent.
  5. Kuwait imports from India worth US$ 1,289 million, with a partner share of 5.68 percent.

Kuwait Top 5 Productsexports imports at HS 6 digit level 2010

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$ 36,852,960.43 million.
  2. Kuwait exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 18,698,786.71 million.
  3. Kuwait exported Propane, liquefied , worth US$ 1,429,321.00 million.
  4. Kuwait exported Butanes, liquefied , worth US$ 1,159,031.40 million.
  5. Kuwait exported Ethylene glycol (ethanediol) , worth US$ 600,448.27 million.

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 US$ 1,469,451.13 million.
  2. Kuwait imported Automobiles with reciprocating piston engine di , worth US$ 1,106,421.58 million.
  3. Kuwait imported Transmission apparatus, for radioteleph incorpo , worth US$ 526,762.97 million.
  4. Kuwait imported Parts of gas turbines nes , worth US$ 443,464.92 million.
  5. Kuwait imported Other medicaments of mixed or unmixed products, , worth US$ 419,984.27 million.

Exports and Imports of Product Groups 2010

Exports and imports of products by stages of processing in 2010 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2010

Tariffs imposed by Kuwait in 2010 are below

  • The maximum rate of tariff in percentage on any product was 100 percent.
  • The simple average tariff across all products was 4.62 percent.
  • The trade weighted average tariff was 3.94 .
  • The total duty free imports in thousands of US dollars were 5,973,738.89 and duty free tariff line items share was 8.10 percent.

Development Indicators 2010

Key Development Indicators of Kuwait in 2010 are below

  • Kuwait GDP in current US dollar was 115,417 million.
  • GNI per capita, Atlas method (current US$) was 43,190.00 .
  • Kuwait Trade balance: as % of GDP was 36.32.
  • Trade balance in current US$ was 41,918.00 million.
  • Trade as percentage of GDP was 97.03 .
  • Trade in services as percentage of GDP was 21.48 .

Trade Indicators 2010

Trade Indicators for Kuwait in 2010 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 2.35.
  • World Growth in percentage was 9.74 and Kuwait Country Growth was 14.25 .