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

Kuwait's trade surplus widened to 1.6 KWD billion in the first quarter of 2017 compared to 0.39 KWD billion a year ago. Exports went up 55.2 percent to 4.1 KWD billion, mainly led by higher oil and gas prices. Imports rose 10.9 percent to 2.5 KWD billion. Balance of Trade in Kuwait averaged 2124.24 KWD Million from 1993 until 2017, 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
Receive the next reported value for Kuwait Balance of Trade in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website
Calendar GMT Actual Previous Consensus Forecast (i)
2017-03-15 02:30 PM Q4 KWD1.7B KWD1.4B KWD1.3B
2017-06-08 11:55 AM Q1 KWD1.6B KWD1.7B KWD2B
2017-09-14 12:00 PM Q2 KWD1.6B KWD1.3B




Kuwait Trade Last Previous Highest Lowest Unit
Balance of Trade 1625.00 1693.00 7065.90 25.30 KWD Million [+]
Exports 4165.00 4118.00 8855.40 647.50 KWD Million [+]
Imports 2539.00 2424.00 2539.00 440.00 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 2715.00 2710.00 3768.00 0.00 BBL/D/1K [+]
Terrorism Index 4.45 0.02 4.45 0.00 [+]
Tourism Revenues 13148.00 12280.00 13148.00 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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1625.00 1693.00 7065.90 25.30 1993 - 2017 KWD Million Quarterly



balance of trade by Country

Last
Australia 555.00 Apr/17
Brazil 7661.00 May/17
Canada -370.30 Apr/17
China 408.10 May/17
Euro Area 17858.90 Apr/17
France -5535.00 Apr/17
Germany 18078.00 Apr/17
India -13841.70 May/17
Indonesia 474.00 May/17
Italy 3601.32 Apr/17
Japan -203.37 May/17
Mexico 616.79 Apr/17
Netherlands 3833.00 Apr/17
Russia 8001.00 Apr/17
South Korea 5990.00 May/17
Spain -1198829.00 Apr/17
Switzerland 3400.03 May/17
Turkey -4945.41 Apr/17
United Kingdom -2050.00 Apr/17
United States -47617.00 Apr/17