Kuwait Trade Summary

2014 Data

Kuwait exports, imports, tariff by year.

Country / 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

Overall Exports and Imports

Exportsmore »
Exports (in US$ Mil): 101,132
No. Of products: 2,697
No. Of partners: 152
Importsmore »
Imports (in US$ Mil): 31,489
No. Of products: 4,227
No. Of partners: 195

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...69,298,183.25
Petroleum oils, etc, ...22,828,855.55
Propane, liquefied1,347,133.00
Butanes, liquefied1,038,928.58
Ethylene glycol (eth ...994,610.99
Imports (US$ Thousands)
Automobiles with rec ...2,124,213.79
Automobiles with rec ...1,219,271.34
Transmission apparat ...952,869.22
Gold in unwrought fo ...739,033.48
Art. of jewellery an ...655,915.60

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Unspecified94,499 93.44
China1,039 1.03
India891 0.88
United Arab Emirates839 0.83
Saudi Arabia746 0.74
Exporter Trade (US$ Mil) Partner share(%)
China4,452 14.14
United States3,077 9.77
United Arab Emirates2,953 9.38
Japan2,236 7.10
Germany2,099 6.67

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials69,610 68.83 2,505 7.96 1.68
Intermediate goods3,659 3.62 5,908 18.76 2.76
Consumer goods26,919 26.62 15,027 47.72 3.55
Capital goods944 0.93 8,048 25.56 3.20

Trade Indicators

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HH Market concentration index: 0.09
Index of export market penetration: 2.51
World Growth: 0.23
Country Growth: -4.05

Tariffs

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No Of Tariff Agreement: 4
Maximum Rate (%): 611.74
Simple Average (%): 3.90
Weighted Average (%): 3.14
Duty Free Imports (US$ Thousand): 10,896,757.02
Duty Free Tariff Lines Share (%): 24

Development Indicators

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GDP (current US$): 162,650
GNI per capita, Atlas method (current US$): 50,050.00
Trade Balance (% of GDP): 36.98
Trade Balance (current US$ Mil): 60,140.00
Trade in services (% of GDP): 18.48
Trade (% of GDP): 100.04