Kuwait Trade

Latest trade data available from various sources.

Please note: The data from various sources are not from the same year.
Kuwait monthly trade data
Kuwait quarterly trade data

Country / Region
Year
For viewing trade, tariff data for country or region by year 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.

TRADE SUMMARY FOR Kuwait

2020

Overall Exports and Imports

Exports
Exports (in US$ Mil) 40,166
No. Of products 2,378
No. Of partners 143
Imports
Imports (in US$ Mil) 28,344
No. Of products 4,080
No. Of partners 200

Trade Indicator

HH Market concentration index0.11
Index of export market penetration2.66
World Growth-3.91
Country Growth-18.92

Service Indicators 2020

Service imports (BoP, current US$)...
Service exports (BoP, current US$)...
Imports of goods and services (% of GDP)...
Exports of goods and services (% of GDP)...

Kuwait top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Unspecified35,852 89.26
Saudi Arabia673 1.68
China597 1.49
United Arab Emirates551 1.37
India519 1.29
Exporter Trade (US$ Mil) Partner share(%)
China4,936 17.41
United States2,409 8.50
United Arab Emirates2,337 8.24
Japan1,670 5.89
Saudi Arabia1,648 5.81

Kuwait Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials28,820 71.75 2,754 9.72 1.55
Intermediate goods2,162 5.38 4,807 16.96 2.99
Consumer goods8,409 20.93 14,244 50.25 3.32
Capital goods727 1.81 6,492 22.90 3.02

Top 5 Products exports imports at HS 6 digit level

Exports
Petroleum oils and o ...28,629,492.31
Petroleum oils, etc, ...5,393,395.26
Propane, liquefied1,057,504.45
Butanes, liquefied766,360.99
Sulphonated, nitrate ...687,743.73
Imports
Automobiles with rec ...1,833,696.11
Transmission apparat ...1,135,851.70
Other medicaments of ...858,998.17
Automobiles with rec ...622,732.28
Art. of jewellery an ...489,547.15

Tariff and Trade Barriers for Kuwait

Tariffs 2020

No. Of Tariff Agreement 5
Simple Average (%) 3.84
Duty Free Imports (US$ Thousand) 12,877,529.04
Maximum Rate (%) 107.36
Weighted Average (%) 3.01
Duty Free Tariff Lines Share (%) 25.53

Overall Trade Restrictiveness Index (OTRI) 2009

OTRI »
Overall Trade Restrictiveness Index - MFN Tariff (2009)0.04
Overall Trade Restrictiveness Index - Applied Tariff (2009)0.04

Services Service Policy Restrictive Database (SPRD)

SPRD »
Services Trade Restrictions Index - Over All51.80

Non-Tariff Measures (NTM)

No Of NTM Measures...
No Of NTM Affected Products (HS 6 Digit)...

Temporary Trade Barriers Database (TTDB)

TTDB »
Temporary Trade Barriers in Effect - Simple Average...
Temporary Trade Barriers in Effect - Weighted Average...

World Development Indicators (WDI)

2020 WDI »
Population4,137,309
GDP (current US$ Mil)...
GNI per capita, Atlas method (current US$)...
Trade Balance (current US$ Mil)...
Trade Balance (% of GDP)...

Doing Business

2019 Doing Business »
Ease of Doing Business Rank83
Trading Across Borders Rank162

Country Policy and Institutional Assessment (CPIA)

CPIA »
CPIA Trade Ratings...

Logistics Performance Index (LPI)

2016 LPI »
LPI Score3.15
LPI Rank53