Kuwait Balance of Trade  1993-2017 | Data | Chart | Calendar | Forecast

Kuwait recorded a trade surplus of 1693 KWD Million in the fourth quarter of 2016. Balance of Trade in Kuwait averaged 2129.25 KWD Million from 1993 until 2016, reaching an all time high of 7065.90 KWD Million in the first quarter of 2012 and a record low of 25.30 KWD Million in the second quarter of 1998.

Kuwait Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-03-15 02:30 PM Q4 KWD1.7B KWD1.4B KWD1.3B




Kuwait Trade Last Previous Highest Lowest Unit
Balance of Trade 1693.00 1383.00 7065.90 25.30 KWD Million [+]
Exports 4118.00 3622.00 8855.40 647.50 KWD Million [+]
Imports 2424.00 2239.00 2424.00 440.00 KWD Million [+]
Current Account 714.00 289.00 18142.00 -908.00 KWD Million [+]
Current Account to GDP 5.24 33.40 54.57 -242.19 percent [+]
Capital Flows -2189.00 -15448.00 920.00 -22336.00 KWD Million [+]
Remittances 4492.00 5325.00 5325.00 371.00 KWD Million [+]
Tourist Arrivals 6941.00 6528.00 8599.00 3899.00 Thousand [+]
Gold Reserves 78.96 78.96 80.51 78.72 Tonnes [+]
Crude Oil Production 2710.00 2700.00 3768.00 0.00 BBL/D/1K [+]
Terrorism Index 4.45 0.02 4.45 0.00 [+]
Tourism Revenues 12280.00 10567.00 12280.00 2514.00 USD Million [+]
Foreign Direct Investment 39.00 -13.00 721.00 -19.00 KWD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Kuwait Balance of Trade Notes

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. This page provides - Kuwait Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kuwait Balance of Trade - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1693.00 1383.00 7065.90 25.30 1993 - 2016 KWD Million Quarterly



balance of trade by Country

Last
Australia 3107.00 Mar/17
Brazil 6969.00 Apr/17
Canada -134.70 Mar/17
China 380.48 Apr/17
Euro Area 30899.90 Mar/17
France -5353.00 Mar/17
Germany 25385.00 Mar/17
India -13249.19 Apr/17
Indonesia 1238.30 Apr/17
Italy 5418.04 Mar/17
Japan 481.75 Apr/17
Mexico 616.79 Apr/17
Netherlands 6719.00 Mar/17
Russia 12598.00 Mar/17
South Korea 13254.00 Apr/17
Spain -1458000.00 Mar/17
Switzerland 1968.25 Apr/17
Turkey -4492.00 Mar/17
United Kingdom -4900.00 Mar/17
United States -43706.00 Mar/17