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 71,941,444.56 in thousands of US$ and total imports of 35,866,655.32 in thousands of US$ leading to a positive trade balance of 36,074,789.24 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Kuwait is 4.77% and the Most Favored Nation (MFN) Weighted Average tariff is 5.65%.The trade growth is 14.38% compared to a world growth of 3.50%. GDP of Kuwait is 140,645,364,240 in current US$. Kuwait services export is 8,118,822,235.40 in BoP, current US$ and services import is 36,835,282,619 in Bop, current US$.Kuwait exports of goods and services as percentage of GDP is 56.72% and imports of goods and services as percentage of GDP is 43.77%.

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