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Kuwait Trade Summary

2015

Kuwait exports, imports, tariff by year.
Kuwait monthly trade data
Kuwait quarterly trade data

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 2015

Overall Exports and Imports for Kuwait 2015

Exports and imports of Kuwait in 2015 are below, along with number of countries and products

  • The total value of exports (FoB) was 54,121 million.
  • The total value of imports (CIF) was 30,957 million.
  • At the HS6 digit level, 2,563 products were exported to 151 countries and 4,192 products were imported from 206 countries.

Kuwait top 5 Export and Import partners 2015

Top five countries to which Kuwait exported in 2015 are below, along with the percent of total exports that went to that country:

  1. Kuwait exports to Unspecified worth US$ 48,483 million, with a partner share of 89.58 percent.
  2. Kuwait exports to China worth US$ 807 million, with a partner share of 1.49 percent.
  3. Kuwait exports to Saudi Arabia worth US$ 805 million, with a partner share of 1.49 percent.
  4. Kuwait exports to India worth US$ 755 million, with a partner share of 1.40 percent.
  5. Kuwait exports to United Arab Emirates worth US$ 658 million, with a partner share of 1.22 percent.

Top five countries from which Kuwait imported goods in 2015 are below, along with percent of total imports that came from the country :

  1. Kuwait imports from China worth US$ 5,068 million, with a partner share of 16.37 percent.
  2. Kuwait imports from United Arab Emirates worth US$ 2,925 million, with a partner share of 9.45 percent.
  3. Kuwait imports from United States worth US$ 2,857 million, with a partner share of 9.23 percent.
  4. Kuwait imports from Japan worth US$ 2,144 million, with a partner share of 6.93 percent.
  5. Kuwait imports from Germany worth US$ 1,765 million, with a partner share of 5.70 percent.

Kuwait Top 5 Productsexports imports at HS 6 digit level 2015

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 34,132,498.34 (US$ Thousands).
  2. Kuwait exported Petroleum oils, etc, (excl. crude); preparation , worth 12,493,779.40 (US$ Thousands).
  3. Kuwait exported Propane, liquefied , worth 1,015,540.94 (US$ Thousands).
  4. Kuwait exported Ethylene glycol (ethanediol) , worth 875,879.34 (US$ Thousands).
  5. Kuwait exported Butanes, liquefied , worth 841,140.01 (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 2,137,407.46 (US$ Thousands).
  2. Kuwait imported Transmission apparatus, for radioteleph incorpo , worth 1,267,373.26 (US$ Thousands).
  3. Kuwait imported Automobiles with reciprocating piston engine di , worth 1,114,831.56 (US$ Thousands).
  4. Kuwait imported Art. of jewellery and pts thereof of/o prec mtl , worth 670,587.53 (US$ Thousands).
  5. Kuwait imported Gold in unwrought forms non-monetary , worth 656,622.68 (US$ Thousands).

Exports and Imports of Product Groups 2015

Exports and imports of products by stages of processing in 2015 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2015

Tariffs imposed by Kuwait in 2015 are below

  • The maximum rate of tariff in percentage on any product was 621.75 percent.
  • The simple average tariff across all products was 3.86 percent.
  • The trade weighted average tariff was 2.96 .
  • The total duty free imports in thousands of US dollars were 12,830,504.87 and duty free tariff line items share was 25.14 percent.

Development Indicators 2015

Key Development Indicators of Kuwait in 2015 are below

  • Kuwait GDP in current US dollar was 114,586 million.
  • GNI per capita, Atlas method (current US$) was 41,040.00 .
  • Kuwait Trade balance: as % of GDP was 8.83.
  • Trade balance in current US$ was 10,121.00 million.
  • Trade as percentage of GDP was 98.70 .
  • Trade in services as percentage of GDP was 26.05 .

Trade Indicators 2015

Trade Indicators for Kuwait in 2015 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 2.49.
  • World Growth in percentage was -6.31 and Kuwait Country Growth was -24.38 .