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Kuwait Trade

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
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

Overall Exports and Imports for Kuwait 2020

  • The total value of exports (FOB) is US$ 40,166 million.
  • The total value of imports (CIF) is US$ 28,344 million.
  • At the HS6 digit level, 2,378 products are exported to 143 countries and 4,080 products are imported from 200 countries.

Top 5 Products exports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by Kuwait along with trade value are:

  • Kuwait exported Petroleum oils and oils obtained from bituminou , worth US$ 28,629,492.31 million.
  • Kuwait exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 5,393,395.26 million.
  • Kuwait exported Propane, liquefied , worth US$ 1,057,504.45 million.
  • Kuwait exported Butanes, liquefied , worth US$ 766,360.99 million.
  • Kuwait exported Sulphonated, nitrated or nitrosated derivatives , worth US$ 687,743.73 million.

The top five imported HS 6 digit level products from world by Kuwait along with trade value are

  • Kuwait imported Automobiles with reciprocating piston engine di , worth US$ 1,833,696.11 million.
  • Kuwait imported Transmission apparatus, for radioteleph incorpo , worth US$ 1,135,851.70 million.
  • Kuwait imported Other medicaments of mixed or unmixed products, , worth US$ 858,998.17 million.
  • Kuwait imported Automobiles with reciprocating piston engine di , worth US$ 622,732.28 million.
  • Kuwait imported Art. of jewellery and pts thereof of/o prec mtl , worth US$ 489,547.15 million.

Kuwait top 5 Export and Import partners 2020

The top five countries to which Kuwait exported 2020 along with the partner share in percentage are:

  1. Kuwait exports to Unspecified worth US$ 35,852 million, with a partner share of 89.26 percent.
  2. Kuwait exports to Saudi Arabia worth US$ 673 million, with a partner share of 1.68 percent.
  3. Kuwait exports to China worth US$ 597 million, with a partner share of 1.49 percent.
  4. Kuwait exports to United Arab Emirates worth US$ 551 million, with a partner share of 1.37 percent.
  5. Kuwait exports to India worth US$ 519 million, with a partner share of 1.29 percent.

The top five countries to which Kuwait imported goods 2020 along with the share in percentage are

  1. Kuwait imports from China worth US$ 4,936 million, with a partner share of 17.41 percent.
  2. Kuwait imports from United States worth US$ 2,409 million, with a partner share of 8.50 percent.
  3. Kuwait imports from United Arab Emirates worth US$ 2,337 million, with a partner share of 8.24 percent.
  4. Kuwait imports from Japan worth US$ 1,670 million, with a partner share of 5.89 percent.
  5. Kuwait imports from Saudi Arabia worth US$ 1,648 million, with a partner share of 5.81 percent.

Kuwait Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import.


Tariff and Trade Barriers

Tariffs 2020

Tariffs imposed by Kuwait in 2020 are below.

  • The maximum rate of tariff in percentage on any product is 107.36.
  • The simple average tariff across all products is 3.84.
  • The trade weighted average tariff is 3.01.
  • The total duty free imports in thousands of US dollars are 12,877,529.04 and duty free tariff line items share is 25.53.

Overall Trade Restrictiveness Index (OTRI) 2009

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  • Overall Trade Restrictiveness Index - Applied Tariff for the year 2009 is 0.04.
  • Overall Trade Restrictiveness Index - MFN Tariff for the year 2009 is 0.04.

Non-Tariff Measures (NTM)

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

Temporary Trade Barriers Database (TTDB) .

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  • Temporary Trade Barriers in Effect - Simple Average for the year is not available.
  • Temporary Trade Barriers in Effect - Weighted Average for the year is not available.

Kuwait World Development Indicators (WDI) 2020

Key Development Indicators of Kuwait in 2020 are below

WDI

Kuwait Doing Business 2019

  • The ease of doing business rank for Kuwait is 83.
  • The trade across border rank is 162.
Doing Business

Kuwait Country Policy and Institutional Assessment (CPIA),

  • The CPIA Trade Ratings for is not available.
CPIA

KuwaitLogistics Performance Index (LPI) 2016

  • The LPI score for Kuwait in 2016 is 3.15.
  • The LPI rank is 53.
LPI

Kuwait Services Service Policy Restrictive Database (SPRD)

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