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

Kuwait recorded a trade surplus of 1625 KWD Million in the first quarter of 2017. 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
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Calendar GMT Actual Previous Consensus TEForecast
2017-03-15 02:30 PM Balance of Trade KWD1.7B KWD1.4B KWD1.3B
2017-06-08 11:55 AM Balance of Trade KWD1.6B KWD1.7B KWD2B


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 269.00 626.00 18142.00 -908.00 KWD Million [+]
Current Account to GDP 2.71 5.24 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 2700.00 2700.00 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 -5.00 44.00 721.00 -19.00 KWD Million [+]

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



Kuwait Balance of Trade

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 October 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 989.00 Aug/17
Brazil 5178.00 Sep/17
Canada -3413.40 Aug/17
China 284.67 Sep/17
Euro Area 16086.90 Aug/17
France -4514.00 Aug/17
Germany 20000.00 Aug/17
India -8984.29 Sep/17
Indonesia 1760.00 Sep/17
Italy 2769.02 Aug/17
Japan 670.00 Sep/17
Mexico -2732.00 Aug/17
Netherlands 4073.00 Aug/17
Russia 6612.00 Aug/17
South Korea 13800.00 Sep/17
Spain -2099000.00 Jul/17
Switzerland 2918.00 Sep/17
Turkey -5873.11 Aug/17
United Kingdom -5626.00 Aug/17
United States -42395.00 Aug/17