Kuwait Balance of Trade  1993-2016 | Data | Chart | Calendar | Forecast

Kuwait recorded a trade surplus of 1222.30 KWD Million in the second quarter of 2016. Balance of Trade in Kuwait averaged 2145.11 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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Kuwait Trade Last Previous Highest Lowest Unit
Balance of Trade 1222.30 402.00 7065.90 25.30 KWD Million [+]
Exports 3573.50 2714.00 8855.40 647.50 KWD Million [+]
Imports 2351.20 2304.00 2483.00 440.00 KWD Million [+]
Current Account -53.00 620.00 18142.00 -53.00 KWD Million [+]
Current Account to GDP 11.50 31.30 54.57 -242.19 percent [+]
Capital Flows -2189.00 -15448.00 920.00 -22336.00 KWD Million [+]
Remittances 5325.00 4170.00 5325.00 371.00 KWD Million [+]
Tourist Arrivals 6528.00 6217.00 8599.00 3899.00 Thousand [+]
Gold Reserves 78.96 78.96 80.51 78.72 Tonnes [+]
Crude Oil Production 3000.00 2970.00 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 -2.00 3.00 721.00 -2.00 KWD Million [+]



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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
1222.30 402.00 7065.90 25.30 1993 - 2016 KWD Million Quarterly



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