Kuwait Balance of Trade - Forecast

Balance of Trade in Kuwait is expected to be 1701.59 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 1777.40 in 12 months time. In the long-term, the Kuwait Balance of Trade is projected to trend around 1915.17 KWD Million in 2020, according to our econometric models.


Kuwait Balance of Trade
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Kuwait Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade 1611 1702 1719 1752 1777 1915
Exports 4089 4110 4063 4037 4013 3832
Imports 2478 2458 2459 2454 2449 2417
Current Account 424 1079 1436 1758 2038 3940
Current Account to GDP 2.71 5.7 5.7 5.7 5.7 9.8
Capital Flows -2189 -8132 -5747 -3361 -976 -7040
Remittances 4492 4974 4984 4994 5004 3849
Tourist Arrivals 6941 6550 6600 6650 6700 6000
Gold Reserves 78.96 78.98 78.98 78.98 78.97 78.97
Crude Oil Production 2705 2677 2636 2599 2564 2267
Terrorism Index 3.8 3.12 2.99 2.86 2.73 0
Tourism Revenues 13148 13261 13239 13218 13196 12844
Foreign Direct Investment 20 61.42 56.42 95.5 82.78 120