Kuwait recorded a trade surplus of 2383.70 KWD Million in the first quarter of 2019. Balance of Trade in Kuwait averaged 2136.74 KWD Million from 1993 until 2019, 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.
Balance of Trade in Kuwait is expected to be 2538.90 KWD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Kuwait to stand at 2512.25 in 12 months time. In the long-term, the Kuwait Balance of Trade is projected to trend around 2312.11 KWD Million in 2020, according to our econometric models.