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Kuwait Trade Summary

2017

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 2017

Overall Exports and Imports for Kuwait 2017

Exports and imports of Kuwait in 2017 are below, along with number of countries and products

  • The total value of exports (FoB) was 54,992 million.
  • The total value of imports (CIF) was 33,598 million.
  • At the HS6 digit level, 2,659 products were exported to 145 countries and 4,143 products were imported from 203 countries.

Kuwait top 5 Export and Import partners 2017

Top five countries to which Kuwait exported in 2017 are below, along with the percent of total exports that went to that country:

  1. Kuwait exports to Unspecified worth US$ 49,566 million, with a partner share of 90.13 percent.
  2. Kuwait exports to India worth US$ 761 million, with a partner share of 1.38 percent.
  3. Kuwait exports to Iraq worth US$ 692 million, with a partner share of 1.26 percent.
  4. Kuwait exports to Saudi Arabia worth US$ 658 million, with a partner share of 1.20 percent.
  5. Kuwait exports to United Arab Emirates worth US$ 589 million, with a partner share of 1.07 percent.

Top five countries from which Kuwait imported goods in 2017 are below, along with percent of total imports that came from the country :

  1. Kuwait imports from China worth US$ 5,504 million, with a partner share of 16.38 percent.
  2. Kuwait imports from United States worth US$ 3,444 million, with a partner share of 10.25 percent.
  3. Kuwait imports from United Arab Emirates worth US$ 2,930 million, with a partner share of 8.72 percent.
  4. Kuwait imports from Germany worth US$ 1,993 million, with a partner share of 5.93 percent.
  5. Kuwait imports from Saudi Arabia worth US$ 1,836 million, with a partner share of 5.47 percent.

Kuwait Top 5 Productsexports imports at HS 6 digit level 2017

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$ 38,152,286.38 million.
  2. Kuwait exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 9,147,960.92 million.
  3. Kuwait exported Propane, liquefied , worth US$ 1,259,938.99 million.
  4. Kuwait exported Butanes, liquefied , worth US$ 1,016,853.03 million.
  5. Kuwait exported Ethylene glycol (ethanediol) , worth US$ 754,161.41 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$ 1,862,303.01 million.
  2. Kuwait imported Transmission apparatus, for radioteleph incorpo , worth US$ 1,692,244.77 million.
  3. Kuwait imported Other medicaments of mixed or unmixed products, , worth US$ 776,365.21 million.
  4. Kuwait imported Automobiles with reciprocating piston engine di , worth US$ 754,116.55 million.
  5. Kuwait imported Art. of jewellery and pts thereof of/o prec mtl , worth US$ 716,577.59 million.

Exports and Imports of Product Groups 2017

Exports and imports of products by stages of processing in 2017 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2017

Tariffs imposed by Kuwait in 2017 are below

  • The maximum rate of tariff in percentage on any product was 1,278.39 percent.
  • The simple average tariff across all products was 3.88 percent.
  • The trade weighted average tariff was 4.34 .
  • The total duty free imports in thousands of US dollars were 12,890,133.97 and duty free tariff line items share was 25.77 percent.

Development Indicators 2017

Key Development Indicators of Kuwait in 2017 are below

  • Kuwait GDP in current US dollar was 120,688 million.
  • GNI per capita, Atlas method (current US$) was 30,870.00 .
  • Kuwait Trade balance: as % of GDP was 4.55.
  • Trade balance in current US$ was 5,494.00 million.
  • Trade as percentage of GDP was 97.84 .
  • Trade in services as percentage of GDP was 27.74 .

Trade Indicators 2017

Trade Indicators for Kuwait in 2017 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 2.60.
  • World Growth in percentage was 5.56 and Kuwait Country Growth was 12.28 .