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Kuwait trade in 2024

In 2024, Kuwait exported $67.8 billion and imported $38 billion, a trade surplus of $29.7 billion. It was the world's 51st-largest exporter, with 0.3% of world exports. Its top export was crude petroleum (42.5% of the total) and its main trading partner was China (17.7% of its trade).

Summary

Exports
$67.8billion
Imports
$38billion
Trade balance
+$29.7billion
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
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Products

What it exports

Crude petroleum (42.5%) and refined petroleum (37.8%) together make up 80.4% of its exports.

  1. Crude petroleum$28.8 billion · 42.5%
    Main partner: China
  2. Refined petroleum$25.6 billion · 37.8%
    Main partner: France
  3. Natural gas and LPG$3.7 billion · 5.5%
    Main partner: India
  4. Cyclic hydrocarbons$1.3 billion · 1.9%
    Main partner: India
  5. Cars$1.1 billion · 1.6%
    Main partner: Iraq
  6. Polyethylene$888 million · 1.3%
    Main partner: China
  7. Hydrocarbon derivatives$802 million · 1.2%
    Main partner: India
  8. Alcohols$749 million · 1.1%
    Main partner: India
  9. Airplanes and helicopters$610 million · 0.9%
    Main partner: India
  10. Petroleum coke and bitumen$306 million · 0.45%
    Main partner: India

What it imports

Cars (11.2%) and cameras and broadcast equipment (4.2%) together make up 15.4% of its imports.

  1. Cars$4.3 billion · 11.2%
    Main partner: Japan
  2. Cameras and broadcast equipment$1.6 billion · 4.2%
    Main partner: China
  3. Medicines in measured doses or retail packs$1.6 billion · 4.1%
    Main partner: United States
  4. Jewelry$1.3 billion · 3.3%
    Main partner: United Arab Emirates
  5. Gold$1.1 billion · 2.8%
    Main partner: United Arab Emirates
  6. Natural gas and LPG$672 million · 1.8%
    Main partner: Nigeria
  7. Airplanes and helicopters$654 million · 1.7%
    Main partner: India
  8. Aircraft parts$622 million · 1.6%
    Main partner: United States
  9. Trucks$617 million · 1.6%
    Main partner: Thailand
  10. Vaccines, blood and antisera$534 million · 1.4%
    Main partner: Switzerland
By Harmonized System chapter (96)
ChapterExportsImports
27 · Oil, gas and coal$58.5 billion$937 million
29 · Organic chemicals$2.9 billion$331 million
87 · Vehicles$1.5 billion$5.5 billion
39 · Plastics$1.1 billion$978 million
88 · Aircraft and spacecraft$612 million$1.3 billion
85 · Electrical and electronic equipment$318 million$3.3 billion
71 · Gems and precious metals$288 million$2.4 billion
84 · Mechanical machinery$273 million$3.3 billion
25 · Salt, stone and cement$223 million$410 million
04 · Dairy, eggs and honey$153 million$723 million
72 · Iron and steel$145 million$613 million
76 · Aluminum$129 million$307 million
33 · Perfumes and cosmetics$119 million$714 million
73 · Iron and steel products$111 million$1.2 billion
74 · Copper$101 million$256 million
38 · Miscellaneous chemicals$85 million$473 million
70 · Glass$73 million$145 million
48 · Paper and paperboard$71 million$469 million
20 · Preserved fruit and vegetables$64 million$300 million
28 · Inorganic chemicals$53 million$123 million
89 · Ships and boats$52 million$88 million
90 · Precision and medical instruments$51 million$840 million
30 · Pharmaceuticals$51 million$2.2 billion
19 · Baked goods and cereal products$48 million$453 million
62 · Woven clothing$46 million$559 million
97 · Art and antiques$45 million$10 million
16 · Prepared meat and fish$44 million$237 million
94 · Furniture and lighting$44 million$568 million
11 · Milling products and malt$40 million$27 million
61 · Knitted clothing$40 million$942 million
91 · Watches and clocks$38 million$337 million
21 · Food preparations$33 million$441 million
40 · Rubber$30 million$308 million
22 · Beverages and spirits$29 million$242 million
64 · Footwear$27 million$296 million
34 · Soap and cleaning products$24 million$406 million
32 · Dyes, paints and tanning agents$21 million$168 million
47 · Wood pulp$19 million$13 million
26 · Ores and slag$19 million$15 million
09 · Coffee, tea and spices$18 million$251 million
42 · Leather goods and bags$17 million$284 million
68 · Stone, plaster and cement articles$15 million$219 million
15 · Fats and oils$14 million$245 million
86 · Railway equipment$14 million$8 million
02 · Meat and offal$14 million$856 million
08 · Fruit and nuts$10 million$490 million
63 · Home textiles and used clothing$9 million$92 million
78 · Lead$9 million$876 thousand
01 · Live animals$8 million$178 million
96 · Other manufactured goods$8 million$78 million
82 · Tools and cutlery$8 million$117 million
17 · Sugar and sweets$7 million$171 million
95 · Toys and sports gear$6 million$136 million
44 · Wood$5 million$231 million
24 · Tobacco$4 million$218 million
83 · Miscellaneous metal goods$4 million$106 million
49 · Books and printed matter$4 million$36 million
69 · Ceramics$3 million$222 million
10 · Cereals$3 million$626 million
79 · Zinc$3 million$7 million
54 · Synthetic filaments$2 million$69 million
75 · Nickel$2 million$9 million
18 · Cocoa and chocolate$2 million$211 million
23 · Animal feed and food waste$2 million$136 million
41 · Hides and leather$1 million$422 thousand
57 · Carpets and rugs$1 million$80 million
65 · Hats$1 million$20 million
31 · Fertilizers$1 million$19 million
07 · Vegetables$1 million$341 million
12 · Oilseeds and grains$1 million$106 million
35 · Glues, starches and enzymes$957 thousand$46 million
55 · Synthetic staple fibers$736 thousand$57 million
66 · Umbrellas and canes$703 thousand$3 million
36 · Explosives and matches$506 thousand$13 million
03 · Fish and seafood$396 thousand$198 million
93 · Weapons and ammunition$348 thousand$11 million
67 · Feathers and artificial flowers$344 thousand$11 million
60 · Knitted fabric$329 thousand$16 million
43 · Fur and fur goods$323 thousand$1 million
51 · Wool$250 thousand$11 million
45 · Cork$245 thousand$2 million
46 · Wicker and basketware$244 thousand$5 million
80 · Tin$191 thousand$533 thousand
56 · Felt, nonwovens and rope$164 thousand$20 million
81 · Other base metals$151 thousand$2 million
05 · Other animal products$150 thousand$1 million
13 · Gums and plant extracts$111 thousand$10 million
06 · Live plants and flowers$109 thousand$45 million
52 · Cotton$109 thousand$20 million
14 · Other plant products$95 thousand$2 million
92 · Musical instruments$95 thousand$2 million
59 · Coated and technical textiles$86 thousand$16 million
58 · Special fabrics and lace$80 thousand$10 million
37 · Photographic goods$39 thousand$4 million
53 · Other plant fibers$14 thousand$5 million
50 · Silk$3 thousand$583 thousand

Trading partners

China is its main destination (17.3% of exports) and source (18.5% of imports).

Who it sells to

PartnerValue (USD billions)ShareMode
China11.717.3%Sea
South Korea8.813%Sea
India8.412.4%Sea
Japan7.410.9%Sea
France3.85.6%Sea
United Kingdom3.65.3%Sea
Taiwan3.45%Sea
Pakistan2.13.1%Sea
Netherlands1.72.6%Sea
United States1.72.5%Sea

Who it buys from

PartnerValue (USD billions)ShareMode
China718.5%Sea
United Arab Emirates410.4%Sea
United States3.59.3%Sea
India2.46.4%Sea
Saudi Arabia25.3%Land
Japan25.2%Sea
Germany1.64.1%Sea
Italy1.23.3%Air
France1.13%Air
Switzerland1.12.8%Air

Overview 1995–2024

In 2024, Kuwait accounted for 0.3% of world exports, compared with 0.2% in 1995.

Exports and imports

Exports grew 6.7-fold since 1995

USD billions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 67.8
  • Imports 38
  • Balance +29.7

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$10.2 billion$6.6 billion$3.6 billion
1996$11.9 billion$7.3 billion$4.7 billion
1997$12.5 billion$6.3 billion$6.2 billion
1998$9.3 billion$7.2 billion$2.1 billion
1999$12.6 billion$5 billion$7.6 billion
2000$19.4 billion$6.8 billion$12.5 billion
2001$16.2 billion$7.5 billion$8.7 billion
2002$15.8 billion$8.8 billion$7 billion
2003$20.4 billion$10.8 billion$9.5 billion
2004$27.4 billion$13.1 billion$14.3 billion
2005$38.8 billion$13.9 billion$24.9 billion
2006$52.7 billion$18.7 billion$34 billion
2007$60.3 billion$24.6 billion$35.7 billion
2008$89 billion$28.6 billion$60.4 billion
2009$54.2 billion$16.1 billion$38.1 billion
2010$70 billion$25.8 billion$44.2 billion
2011$98.5 billion$28.2 billion$70.3 billion
2012$115.2 billion$25.4 billion$89.8 billion
2013$111.7 billion$31 billion$80.7 billion
2014$102.9 billion$34.2 billion$68.7 billion
2015$58.6 billion$33.1 billion$25.5 billion
2016$46.4 billion$32.1 billion$14.3 billion
2017$58.5 billion$35.3 billion$23.1 billion
2018$77.8 billion$36.7 billion$41.1 billion
2019$69.5 billion$35.4 billion$34.1 billion
2020$46 billion$29.8 billion$16.2 billion
2021$66.8 billion$35.1 billion$31.7 billion
2022$101.8 billion$37.4 billion$64.4 billion
2023$87.4 billion$41 billion$46.5 billion
2024$67.8 billion$38 billion$29.7 billion

World rank

Kuwait fell from 50th to 51st among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 50th in 1995
  • 51st in 2024

Source: CEPII BACI

Show the numbers
YearRank
199550th
199649th
199750th
199855th
199950th
200047th
200149th
200252nd
200351st
200450th
200548th
200644th
200745th
200841st
200944th
201045th
201141st
201237th
201337th
201439th
201547th
201649th
201749th
201846th
201945th
202049th
202149th
202243rd
202345th
202451st

What it sells

Its top export group is still oil, gas and coal: 86% in 2024

% of exports by Harmonized System chapter.

  • Other 3%
  • Mechanical machinery 0%
  • Gems and precious metals 0%
  • Electrical and electronic equipment 0%
  • Aircraft and spacecraft 1%
  • Plastics 2%
  • Vehicles 2%
  • Organic chemicals 4%
  • Oil, gas and coal 86%

Source: CEPII BACI

Show the numbers
Chapter19952024
Oil, gas and coal95.5%86.4%
Organic chemicals0.01%4.3%
Vehicles0.26%2.2%
Plastics0.09%1.6%
Aircraft and spacecraft0.08%0.9%
Electrical and electronic equipment0.22%0.47%
Gems and precious metals0.1%0.43%
Mechanical machinery0.39%0.4%
Other3.3%3.3%

Who it trades with

China went from 1% to 18% of Kuwait's trade

% of total trade (exports + imports) with each partner.

  • China 18%
  • India 10%
  • South Korea 9%
  • Japan 9%
  • United Arab Emirates 5%

Source: CEPII BACI

Show the numbers
Partner19952024
China1.4%17.7%
India5.7%10.2%
South Korea7.2%9.1%
Japan20.4%8.9%
United Arab Emirates0%5%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

  • Widyan - North Arabian Gulf basinOil and gas · 57.4 Mt CO₂e
  • Az Zour South power plantPower · 20.1 Mt CO₂e
  • Sabiya power plantPower · 13.2 Mt CO₂e
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Largest economic production hubs (gridded GDP, 2024)

  • Kuwait City$193.8 billion (PPP, 2021 dollars)
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Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

Neighboring countries

See all countries