Kuwait Trade Summary

2020 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): 40,166
No. Of products: 2,378
No. Of partners: 143
Importsmore »
Imports (in US$ Mil): 28,344
No. Of products: 4,080
No. Of partners: 200

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...28,629,492.31
Petroleum oils, etc, ...5,393,395.26
Propane, liquefied1,057,504.45
Butanes, liquefied766,360.99
Sulphonated, nitrate ...687,743.73
Imports (US$ Thousands)
Automobiles with rec ...1,833,696.11
Transmission apparat ...1,135,851.70
Other medicaments of ...858,998.17
Automobiles with rec ...622,732.28
Art. of jewellery an ...489,547.15

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Unspecified35,852 89.26
Saudi Arabia673 1.68
China597 1.49
United Arab Emirates551 1.37
India519 1.29
Exporter Trade (US$ Mil) Partner share(%)
China4,936 17.41
United States2,409 8.50
United Arab Emirates2,337 8.24
Japan1,670 5.89
Saudi Arabia1,648 5.81

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials28,820 71.75 2,754 9.72 1.55
Intermediate goods2,162 5.38 4,807 16.96 2.99
Consumer goods8,409 20.93 14,244 50.25 3.32
Capital goods727 1.81 6,492 22.90 3.02

Trade Indicators

more »
HH Market concentration index: 0.11
Index of export market penetration: 2.79
World Growth: -3.77
Country Growth: -18.80

Tariffs

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No Of Tariff Agreement: 5
Maximum Rate (%): 107.36
Simple Average (%): 3.84
Weighted Average (%): 3.01
Duty Free Imports (US$ Thousand): 12,877,529.04
Duty Free Tariff Lines Share (%): 25.53

Development Indicators

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GDP (current US$): 105,949
GNI per capita, Atlas method (current US$): 31,370.00
Trade Balance (% of GDP): ...
Trade Balance (current US$ Mil): ...
Trade in services (% of GDP): 24.87
Trade (% of GDP): ...