Kuwait trade statistics

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Exports, Imports, Products, Tariffs, GDP and related Development Indicator.

       

Country ISO3 : KWT Country Code : 414 Income Group : High income Lending Category : Region : Middle East & North Africa Currency Unit : Kuwaiti dinar WTO Member : Yes

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Product Exports and Imports

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Kuwait had a total export of 64,482,096.62 in thousands of US$ and total imports of 33,530,892.79 in thousands of US$ leading to a positive trade balance of 30,951,203.83 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Kuwait is 4.51% and the Most Favored Nation (MFN) Weighted Average tariff is 5.39%.The trade growth is -5.08% compared to a world growth of -1.13%. GDP of Kuwait is 136,196,760,180.98 in current US$. Kuwait services export is 8,036,110,419.71 in BoP, current US$ and services import is 30,217,644,896.28 in Bop, current US$.Kuwait exports of goods and services as percentage of GDP is 53.29% and imports of goods and services as percentage of GDP is 44.89%.

Kuwait Country Growth v/s World Growth v/s GDP Growth
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