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Trade between Italy and Kuwait

In 2024, Italy exported $1.2 billion to Kuwait and imported $820 million. Italy ran a surplus of $423 million with Kuwait, compared with a surplus of $1.3 billion in 2019. Kuwait was Italy’s 66th largest trading partner (0.2% of its trade), and Italy was Kuwait’s 13th (2%).

Summary

Italy → Kuwait
$1.2billion
Kuwait → Italy
$820million
Italy’s balance
$423million

Balance

Italy’s trade balance with Kuwait

Trade between Italy and Kuwait grew 5-fold since 1995

USD billions (current). Italy’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 1.2
  • Imports 0.8
  • Balance +0.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$400 million$10 million$390 million
1996$530 million$4 million$525 million
1997$403 million$5 million$398 million
1998$416 million$26 million$390 million
1999$334 million$51 million$283 million
2000$376 million$353 million$23 million
2001$435 million$142 million$292 million
2002$478 million$27 million$451 million
2003$548 million$47 million$501 million
2004$671 million$49 million$622 million
2005$522 million$150 million$372 million
2006$744 million$91 million$654 million
2007$1.4 billion$165 million$1.2 billion
2008$1.2 billion$223 million$1 billion
2009$832 million$107 million$725 million
2010$1.1 billion$144 million$1 billion
2011$1 billion$111 million$920 million
2012$1.1 billion$127 million$939 million
2013$1.2 billion$190 million$1 billion
2014$1.1 billion$245 million$896 million
2015$1.1 billion$204 million$866 million
2016$1.4 billion$1 billion$345 million
2017$1.5 billion$1.4 billion$129 million
2018$1.5 billion$441 million$1.1 billion
2019$1.4 billion$64 million$1.3 billion
2020$1.1 billion$18 million$1.1 billion
2021$1.2 billion$45 million$1.1 billion
2022$1.3 billion$373 million$977 million
2023$1.4 billion$575 million$800 million
2024$1.2 billion$820 million$423 million

What they sell each other

What Italy sells to Kuwait

The top 10 headings in 2024, with their share of the total.

  1. Bags, suitcases and cases$85 million · 6.9%
    104 tonnes
  2. 1 thousand tonnes · Italy’s destinations
  3. Seamless steel pipes$67 million · 5.4%
    35 thousand tonnes
  4. Jewelry$66 million · 5.4%
    1 tonne · Italy’s destinations
  5. Cars$59 million · 4.7%
    494 tonnes · Italy’s destinations
  6. Women's suits and dresses$50 million · 4%
    115 tonnes
  7. Leather footwear$44 million · 3.6%
    157 tonnes
  8. Furniture$40 million · 3.2%
    10 thousand tonnes · Italy’s destinations
  9. Textile footwear$27 million · 2.2%
    83 tonnes
  10. Makeup and skin care$26 million · 2.1%
    389 tonnes · Italy’s destinations

What Kuwait sells to Italy

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$771 million · 94.1%
    1.1 million tonnes · Kuwait’s destinations
  2. Polyethylene$7 million · 0.8%
    7 thousand tonnes · Italy’s sources
  3. Polypropylene$6 million · 0.74%
    6 thousand tonnes · Italy’s sources
  4. Bags, suitcases and cases$6 million · 0.68%
    8 tonnes
  5. Leather footwear$4 million · 0.47%
    12 tonnes
  6. Women's suits and dresses$3 million · 0.33%
    6 tonnes
  7. Jewelry$2 million · 0.24%
    Italy’s sources
  8. Other measuring instruments$2 million · 0.24%
  9. Textile footwear$2 million · 0.21%
    5 tonnes
  10. Batteries$1 million · 0.17%
    Italy’s sources

How it travels

Estimated sea route from Genoa to Shuaiba.

The estimated sea route between Genoa and Shuaiba is 11,511 nautical miles (21,319 km) long: ≈ 26.5–34.5 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Strait of Gibraltar, the Cape of Good Hope and the Strait of Hormuz (11,511 nautical miles); and 15% via the Suez Canal, the Bab-el-Mandeb Strait and the Strait of Hormuz (4,889 nautical miles).

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$1.3 billion · 65.4%
  2. Air$715 million · 34.6%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Kuwait was Italy’s 66th largest trading partner (0.2% of its trade), and Italy was Kuwait’s 13th (2%).

Kuwait in Italy’s trade
0.2%
Kuwait’s rank among Italy’s partners
66th
Italy in Kuwait’s trade
2%
Italy’s rank among Kuwait’s partners
13th

Compare with

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. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.