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Kuwait Trade at a Glance : Most Recent Values

Latest trade data available from various sources.
Kuwait monthly trade data
Kuwait quarterly trade data

Please note: The data from various sources are not from the same year.

Year

Kuwait exports, imports, trade and tariff indicators 2023

Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

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Kuwait Trade

Overall Exports and Imports for Kuwait 2024

The total value of exports (FOB) is US$ 75,991 million.
The total value of imports (CIF) is US$ 38,106 million.
The total trade was US$ 114,097 million.
The trade balance was US$ 37,885 million.

China Monthly Exports and imports, in Dec 2024

The total value of exports (FOB) is US$ 6,115,051 K.
The total value of imports (CIF) is US$ 3,801,634 K.
The total trade was US$ 9,916,685 K.
The trade balance was US$ 2,313,416 K.

Kuwait Trade Indicators 2023

Hirschman Herfindahl Market concentration index is 0.09.
Index of export market penetration is 0.09.
World Growth in percentage is 0.09 and Kuwait Country Growth is -8.06.

Kuwait Service Trade data from WDI

Kuwait, Service imports (BoP, current US$) is 30,402,336,869.04.
Kuwait, Service exports (BoP, current US$) is 11,301,692,525.38.
Kuwait, Imports of goods and services as percentage of GDP is not available.
Kuwait, Exports of goods and services as percentage of GDP is not available.

Tariff and Trade Barriers

Tariffs 2023

Tariffs imposed by Kuwait in 2023 are below.

The maximum rate of tariff in percentage on any product is 100.
The simple average tariff across all products is 3.85.
The trade weighted average tariff is 3.96.
The total duty free imports in thousands of US dollars are 12,419,463.14 and duty free tariff line items share is 26.75.

Kuwait Foreign Direct Investment (FDI) 2024

FDI Inward stock (in US$ Mil) was US$ 16,693 million.
FDI Inward stock flow (in US$ Mil) was US$ 614 million.
FDI Outward stock (in US$ Mil) was US$ 56,270 million.
FDI Outward stock flow (in US$ Mil) was US$ 10,317 million.

Non-Tariff Measures (NTM)

No Of NTM Measures is not available.
No Of NTM Affected Products (HS 6 Digit) is not available.

Kuwait World Development Indicators (WDI) 2023

Key Development Indicators of Kuwait in 2023 are below

The population of Kuwait is 4,137,309.
GDP in US$ is 165,384 million .
GNI per capita, Atlas method in current US dollars is 42,030.00.
Trade balance in US$ is not available.
Trade in services as percentage of GDP is not available.

WDI

Kuwait Global Value Chain (GVC) 2015

GVC related output as percentage of output was not available.
GVC related trade as percentage of trade was 42 %.

GVC

Kuwait Services Service Policy Restrictive Database (SPRD)

Services Trade Restrictions Index (Over All) for Kuwait is 51.80.

SPRD