Kuwait recorded a trade surplus of 2645 KWD Million in the second quarter of 2018. Balance of Trade in Kuwait averaged 2117.39 KWD Million from 1993 until 2018, 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 2645.00 2310.00 7065.90 25.30 KWD Million [+]
Exports 5358.00 4936.00 8855.40 647.50 KWD Million [+]
Imports 2712.00 2626.00 2712.00 440.00 KWD Million [+]
Current Account 2878.00 1855.00 18142.00 -908.00 KWD Million [+]
Current Account to GDP 5.90 -4.60 54.57 -242.19 percent [+]
Capital Flows -6649.00 -1645.00 21172.00 -22337.00 KWD Million [+]
Remittances 1186.00 1029.00 1326.00 943.00 KWD Million [+]
Tourist Arrivals 7055.00 6941.00 8599.00 3899.00 Thousand [+]
Gold Reserves 79.00 79.00 80.51 78.72 Tonnes [+]
Crude Oil Production 2733.00 2752.00 3768.00 0.00 BBL/D/1K [+]
Terrorism Index 3.80 4.45 4.45 0.00 [+]
Tourism Revenues 643.00 831.00 931.00 286.00 USD Million [+]
Foreign Direct Investment -8.00 31.00 721.00 -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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2645.00 2310.00 7065.90 25.30 1993 - 2018 KWD Million Quarterly




Country Last
Argentina 314.00 Sep/18
Australia 3017.00 Sep/18
Brazil 6121.36 Oct/18
Canada -416.30 Sep/18
China 340.16 Oct/18
Euro Area 11671.20 Aug/18
France -5663.00 Sep/18
Germany 18395.00 Sep/18
India -13980.00 Sep/18
Indonesia -1819.90 Oct/18
Italy 2564.00 Aug/18
Japan 139.56 Sep/18
Mexico -194.00 Sep/18
Netherlands 4949.00 Sep/18
Russia 18485.00 Sep/18
Saudi Arabia 162782.00 Jun/18
Singapore 3685.26 Sep/18
South Africa -2950.00 Sep/18
South Korea 6552.00 Oct/18
Spain -3057300.00 Aug/18
Switzerland 1447.00 Sep/18
Turkey -1869.47 Sep/18
United Kingdom -27.00 Sep/18
United States -54019.00 Sep/18


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