Kuwait trade statistics


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 54,806,847.17 in thousands of US$ and total imports of 33,589,651.94 in thousands of US$ leading to a positive trade balance of 21,217,195.23 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Kuwait is 4.34% and the Most Favored Nation (MFN) Weighted Average tariff is 5.16%.The trade growth is 4.54% compared to a world growth of 1.50%. GDP of Kuwait is 120,126,277,612.93 in current US$. Kuwait services export is 5,279,285,827.66 in BoP, current US$ and services import is 28,199,967,083.90 in Bop, current US$.Kuwait exports of goods and services as percentage of GDP is 50.15% and imports of goods and services as percentage of GDP is 47.83%.

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