Overall Exports and Imports for Kuwait 2023
- The total value of exports (FOB) is US$ 83,980 million.
- The total value of imports (CIF) is US$ 37,490 million.
- At the HS6 digit level, 2,466 products are exported to 146 countries and 4,068 products are imported from 209 countries.
Top 5 Products exports imports at HS 6 digit level 2023
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 49,827,754.84 (US$ Thousands).
- Kuwait exported Petroleum oils, etc, (excl. crude); preparation , worth 25,171,679.53 (US$ Thousands).
- Kuwait exported Propane, liquefied , worth 1,759,486.45 (US$ Thousands).
- Kuwait exported Butanes, liquefied , worth 1,379,251.77 (US$ Thousands).
- Kuwait exported Sulphonated, nitrated or nitrosated derivatives , worth 903,004.50 (US$ Thousands).
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 1,636,686.90 (US$ Thousands).
- Kuwait imported Transmission apparatus, for radioteleph incorpo , worth 1,520,810.33 (US$ Thousands).
- Kuwait imported Automobiles with reciprocating piston engine di , worth 1,490,220.96 (US$ Thousands).
- Kuwait imported Automobiles with reciprocating piston engine di , worth 1,452,917.91 (US$ Thousands).
- Kuwait imported Art. of jewellery and pts thereof of/o prec mtl , worth 1,182,941.76 (US$ Thousands).
Kuwait top 5 Export and Import partners 2023
The top five countries to which Kuwait exported 2023 along with the partner share in percentage are:
- Kuwait exports to Unspecified worth US$ 78,058 million, with a partner share of 92.95 percent.
- Kuwait exports to United Arab Emirates worth US$ 1,300 million, with a partner share of 1.55 percent.
- Kuwait exports to India worth US$ 1,063 million, with a partner share of 1.27 percent.
- Kuwait exports to Saudi Arabia worth US$ 705 million, with a partner share of 0.84 percent.
- Kuwait exports to China worth US$ 591 million, with a partner share of 0.70 percent.
The top five countries to which Kuwait imported goods 2023 along with the share in percentage are
- Kuwait imports from China worth US$ 7,429 million, with a partner share of 19.82 percent.
- Kuwait imports from United States worth US$ 3,402 million, with a partner share of 9.08 percent.
- Kuwait imports from United Arab Emirates worth US$ 3,384 million, with a partner share of 9.03 percent.
- Kuwait imports from Japan worth US$ 2,300 million, with a partner share of 6.13 percent.
- Kuwait imports from India worth US$ 2,062 million, with a partner share of 5.50 percent.
Kuwait Exports and Imports of Product Groups 2023
Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.
- Kuwait Raw materials exports are worth US$ 50,019 million, product share of 59.56%.
- Kuwait Raw materials imports are worth US$ 3,000 million, product share of 8.00%.
- Kuwait Intermediate goods exports are worth US$ 3,045 million, product share of 3.63%.
- Kuwait Intermediate goods imports are worth US$ 6,756 million, product share of 18.02%.
- Kuwait Consumer goods exports are worth US$ 30,023 million, product share of 35.75%.
- Kuwait Consumer goods imports are worth US$ 19,345 million, product share of 51.60%.
- Kuwait Capital goods exports are worth US$ 844 million, product share of 1.00%.
- Kuwait Capital goods imports are worth US$ 8,091 million, product share of 21.58%.
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.