Loading..

Kuwait Trade Summary

2022

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 2022

Overall Exports and Imports for Kuwait 2022

Exports and imports of Kuwait in 2022 are below, along with number of countries and products

  • The total value of exports (FoB) was 99,775 million.
  • The total value of imports (CIF) was 35,926 million.
  • At the HS6 digit level, 2,395 products were exported to 145 countries and 4,078 products were imported from 212 countries.

Kuwait top 5 Export and Import partners 2022

Top five countries to which Kuwait exported in 2022 are below, along with the percent of total exports that went to that country:

  1. Kuwait exports to Unspecified worth US$ 93,990 million, with a partner share of 94.20 percent.
  2. Kuwait exports to United Arab Emirates worth US$ 987 million, with a partner share of 0.99 percent.
  3. Kuwait exports to India worth US$ 887 million, with a partner share of 0.89 percent.
  4. Kuwait exports to Saudi Arabia worth US$ 844 million, with a partner share of 0.85 percent.
  5. Kuwait exports to China worth US$ 548 million, with a partner share of 0.55 percent.

Top five countries from which Kuwait imported goods in 2022 are below, along with percent of total imports that came from the country :

  1. Kuwait imports from China worth US$ 6,745 million, with a partner share of 18.78 percent.
  2. Kuwait imports from United Arab Emirates worth US$ 4,293 million, with a partner share of 11.95 percent.
  3. Kuwait imports from United States worth US$ 3,091 million, with a partner share of 8.60 percent.
  4. Kuwait imports from India worth US$ 1,958 million, with a partner share of 5.45 percent.
  5. Kuwait imports from Saudi Arabia worth US$ 1,886 million, with a partner share of 5.25 percent.

Kuwait Top 5 Productsexports imports at HS 6 digit level 2022

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 68,036,100.18 (US$ Thousands).
  2. Kuwait exported Petroleum oils, etc, (excl. crude); preparation , worth 22,359,446.34 (US$ Thousands).
  3. Kuwait exported Propane, liquefied , worth 2,133,208.14 (US$ Thousands).
  4. Kuwait exported Butanes, liquefied , worth 1,603,055.75 (US$ Thousands).
  5. Kuwait exported Sulphonated, nitrated or nitrosated derivatives , worth 989,225.52 (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 2,085,775.96 (US$ Thousands).
  2. Kuwait imported Art. of jewellery and pts thereof of/o prec mtl , worth 1,270,522.82 (US$ Thousands).
  3. Kuwait imported Automobiles with reciprocating piston engine di , worth 1,137,805.99 (US$ Thousands).
  4. Kuwait imported Gold in unwrought forms non-monetary , worth 1,112,172.94 (US$ Thousands).
  5. Kuwait imported Transmission apparatus, for radioteleph incorpo , worth 1,009,128.73 (US$ Thousands).

Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2022

Tariffs imposed by Kuwait in 2022 are below

  • The maximum rate of tariff in percentage on any product was 837.61 percent.
  • The simple average tariff across all products was 4.64 percent.
  • The trade weighted average tariff was 4.01 .
  • The total duty free imports in thousands of US dollars were 8,240,827.24 and duty free tariff line items share was 11.22 percent.

Development Indicators 2022

Key Development Indicators of Kuwait in 2022 are below

  • Kuwait GDP in current US dollar was 184,558 million.
  • GNI per capita, Atlas method (current US$) was 39,570.00 .
  • Kuwait Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 20.67 .

Trade Indicators 2022

Trade Indicators for Kuwait in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.12.
  • Index of export market penetration was 2.89.
  • World Growth in percentage was 5.18 and Kuwait Country Growth was 24.26 .