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Kuwait Trade Summary

2021

Kuwait exports, imports, tariff by year.

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 2021

Overall Exports and Imports for Kuwait 2021

Exports and imports of Kuwait in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 63,130 million.
  • The total value of imports (CIF) was 31,886 million.
  • At the HS6 digit level, 2,391 products were exported to 140 countries and 4,100 products were imported from 210 countries.

Kuwait top 5 Export and Import partners 2021

Top five countries to which Kuwait exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Kuwait exports to Unspecified worth US$ 57,826 million, with a partner share of 91.60 percent.
  2. Kuwait exports to United Arab Emirates worth US$ 805 million, with a partner share of 1.27 percent.
  3. Kuwait exports to Saudi Arabia worth US$ 728 million, with a partner share of 1.15 percent.
  4. Kuwait exports to China worth US$ 713 million, with a partner share of 1.13 percent.
  5. Kuwait exports to India worth US$ 702 million, with a partner share of 1.11 percent.

Top five countries from which Kuwait imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Kuwait imports from China worth US$ 5,733 million, with a partner share of 17.98 percent.
  2. Kuwait imports from United Arab Emirates worth US$ 3,790 million, with a partner share of 11.89 percent.
  3. Kuwait imports from United States worth US$ 2,547 million, with a partner share of 7.99 percent.
  4. Kuwait imports from Japan worth US$ 1,837 million, with a partner share of 5.76 percent.
  5. Kuwait imports from Saudi Arabia worth US$ 1,696 million, with a partner share of 5.32 percent.

Kuwait Top 5 Productsexports imports at HS 6 digit level 2021

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 41,770,746.52 (US$ Thousands).
  2. Kuwait exported Petroleum oils, etc, (excl. crude); preparation , worth 13,132,304.32 (US$ Thousands).
  3. Kuwait exported Propane, liquefied , worth 1,701,141.74 (US$ Thousands).
  4. Kuwait exported Butanes, liquefied , worth 1,256,237.16 (US$ Thousands).
  5. Kuwait exported Sulphonated, nitrated or nitrosated derivatives , worth 1,016,109.17 (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 2,170,096.08 (US$ Thousands).
  2. Kuwait imported Art. of jewellery and pts thereof of/o prec mtl , worth 1,188,246.43 (US$ Thousands).
  3. Kuwait imported Gold in unwrought forms non-monetary , worth 1,034,295.62 (US$ Thousands).
  4. Kuwait imported Other medicaments of mixed or unmixed products, , worth 873,316.78 (US$ Thousands).
  5. Kuwait imported Transmission apparatus, for radioteleph incorpo , worth 735,815.26 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Kuwait in 2021 are below

  • The maximum rate of tariff in percentage on any product was 1,278.49 percent.
  • The simple average tariff across all products was 3.86 percent.
  • The trade weighted average tariff was 2.85 .
  • The total duty free imports in thousands of US dollars were 11,627,985.43 and duty free tariff line items share was 26.32 percent.

Development Indicators 2021

Key Development Indicators of Kuwait in 2021 are below

  • Kuwait GDP in current US dollar was 136,797 million.
  • GNI per capita, Atlas method (current US$) was 33,780.00 .
  • Kuwait Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 21.78 .

Trade Indicators 2021

Trade Indicators for Kuwait in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.13.
  • Index of export market penetration was 3.09.
  • World Growth in percentage was 12.50 and Kuwait Country Growth was 20.44 .