Loading..

Kuwait Trade Summary

2018

Kuwait exports, imports, tariff by year.

Country and Region
Year
For at a glance i.e. latest available trade, tariff, trade barriers and other trade related data Click Here.
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 2018

Overall Exports and Imports for Kuwait 2018

Exports and imports of Kuwait in 2018 are below, along with number of countries and products

  • The total value of exports (FoB) was 71,941 million.
  • The total value of imports (CIF) was 35,867 million.
  • At the HS6 digit level, 2,712 products were exported to 146 countries and 4,163 products were imported from 203 countries.

Kuwait top 5 Export and Import partners 2018

Top five countries to which Kuwait exported in 2018 are below, along with the percent of total exports that went to that country:

  1. Kuwait exports to Unspecified worth US$ 65,375 million, with a partner share of 90.87 percent.
  2. Kuwait exports to India worth US$ 1,140 million, with a partner share of 1.58 percent.
  3. Kuwait exports to China worth US$ 953 million, with a partner share of 1.32 percent.
  4. Kuwait exports to United Arab Emirates worth US$ 798 million, with a partner share of 1.11 percent.
  5. Kuwait exports to Iraq worth US$ 624 million, with a partner share of 0.87 percent.

Top five countries from which Kuwait imported goods in 2018 are below, along with percent of total imports that came from the country :

  1. Kuwait imports from China worth US$ 5,979 million, with a partner share of 16.67 percent.
  2. Kuwait imports from United States worth US$ 3,104 million, with a partner share of 8.65 percent.
  3. Kuwait imports from United Arab Emirates worth US$ 3,100 million, with a partner share of 8.64 percent.
  4. Kuwait imports from Japan worth US$ 2,104 million, with a partner share of 5.87 percent.
  5. Kuwait imports from Germany worth US$ 2,045 million, with a partner share of 5.70 percent.

Kuwait Top 5 Productsexports imports at HS 6 digit level 2018

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 51,727,068.08 (US$ Thousands).
  2. Kuwait exported Petroleum oils, etc, (excl. crude); preparation , worth 10,912,377.23 (US$ Thousands).
  3. Kuwait exported Propane, liquefied , worth 1,614,087.34 (US$ Thousands).
  4. Kuwait exported Ethylene glycol (ethanediol) , worth 1,156,102.44 (US$ Thousands).
  5. Kuwait exported Butanes, liquefied , worth 1,127,423.83 (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 2,113,370.80 (US$ Thousands).
  2. Kuwait imported Transmission apparatus, for radioteleph incorpo , worth 1,606,371.20 (US$ Thousands).
  3. Kuwait imported Automobiles with reciprocating piston engine di , worth 830,115.48 (US$ Thousands).
  4. Kuwait imported Other medicaments of mixed or unmixed products, , worth 722,982.00 (US$ Thousands).
  5. Kuwait imported Art. of jewellery and pts thereof of/o prec mtl , worth 710,191.01 (US$ Thousands).

Exports and Imports of Product Groups 2018

Exports and imports of products by stages of processing in 2018 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2018

Tariffs imposed by Kuwait in 2018 are below

  • The maximum rate of tariff in percentage on any product was 1,307.94 percent.
  • The simple average tariff across all products was 3.90 percent.
  • The trade weighted average tariff was 4.77 .
  • The total duty free imports in thousands of US dollars were 13,818,989.70 and duty free tariff line items share was 25.57 percent.

Development Indicators 2018

Key Development Indicators of Kuwait in 2018 are below

  • Kuwait GDP in current US dollar was 138,202 million.
  • GNI per capita, Atlas method (current US$) was 32,300.00 .
  • Kuwait Trade balance: as % of GDP was 11.88.
  • Trade balance in current US$ was 16,412.00 million.
  • Trade as percentage of GDP was 103.12 .
  • Trade in services as percentage of GDP was 32.53 .

Trade Indicators 2018

Trade Indicators for Kuwait in 2018 are below

  • Hirschman Herfindahl market concentration index was 0.10.
  • Index of export market penetration was 2.74.
  • World Growth in percentage was 4.91 and Kuwait Country Growth was 15.36 .