Kuwait Balance Of TradeKuwait Balance Of TradeKuwait Balance Of Trade

Kuwait Balance Of Trade

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Key data points


Last release
Observation period
Q2 2024
Next release
Forecast
Highest
‪7.07 B‬KWD on Mar 31, 2012
Lowest
‪25.30 M‬KWD on Jun 30, 1998

About Kuwait Balance Of Trade


Category
Trade
Frequency
Quarterly
Units
KWD
Kuwait has been recording trade surpluses since 1993 due to shipments of oil (95 percent of total exports). Main imports are: machinery, mechanical appliances, electrical equipment and electronics; transport equipment and base metals and articles thereof. Main trading partners are: China (10 percent of total exports and 10 percent of imports), South Korea (18 percent of exports and 7 percent of imports) and United States (8 percent of exports and 12 percent of imports). Others include: India, Japan and Saudi Arabia.