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

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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

2021

Overall Exports and Imports

Exports
Exports (in US$ Mil) 63,130
No. Of products 2,391
No. Of partners 140
Imports
Imports (in US$ Mil) 31,886
No. Of products 4,100
No. Of partners 210

Trade Indicator

HH Market concentration index0.13
Index of export market penetration3.01
World Growth12.59
Country Growth20.42

Service Indicators 2021

Service imports (BoP, current US$)21,087,948,774.33
Service exports (BoP, current US$)8,705,611,633.59
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(%)
Unspecified57,826 91.60
United Arab Emirates805 1.27
Saudi Arabia728 1.15
China713 1.13
India702 1.11
Exporter Trade (US$ Mil) Partner share(%)
China5,733 17.98
United Arab Emirates3,790 11.89
United States2,547 7.99
Japan1,837 5.76
Saudi Arabia1,696 5.32

Kuwait Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials41,954 66.46 3,024 9.48 1.23
Intermediate goods2,696 4.27 6,062 19.01 2.90
Consumer goods17,611 27.90 16,702 52.38 3.18
Capital goods804 1.27 5,937 18.62 2.85

Top 5 Products exports imports at HS 6 digit level

Exports
Petroleum oils and o ...41,770,746.52
Petroleum oils, etc, ...13,132,304.32
Propane, liquefied1,701,141.74
Butanes, liquefied1,256,237.16
Sulphonated, nitrate ...1,016,109.17
Imports
Automobiles with rec ...2,170,096.08
Art. of jewellery an ...1,188,246.43
Gold in unwrought fo ...1,034,295.62
Other medicaments of ...873,316.78
Transmission apparat ...735,815.26

Tariff and Trade Barriers for Kuwait

Tariffs 2021

No. Of Tariff Agreement 5
Simple Average (%) 3.86
Duty Free Imports (US$ Thousand) 11,627,985.43
Maximum Rate (%) 1,278.49
Weighted Average (%) 2.85
Duty Free Tariff Lines Share (%) 26.32

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)

2021 WDI »
Population4,137,309
GDP (current US$ Mil)136,797
GNI per capita, Atlas method (current US$)33,780.00
Trade Balance (current US$ 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