globaltraffic.earth

Trade between Kuwait and Singapore

In 2024, Kuwait exported $963 million to Singapore and imported $288 million. Kuwait ran a surplus of $675 million with Singapore, compared with a surplus of $2 billion in 2019. Singapore was Kuwait’s 17th largest trading partner (1% of its trade), and Kuwait was Singapore’s 48th (0.2%).

Summary

Kuwait → Singapore
$963million
Singapore → Kuwait
$288million
Kuwait’s balance
$675million

Balance

Kuwait’s trade balance with Singapore

Trade between Kuwait and Singapore is about the same as in 1995

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

  • Exports 1
  • Imports 0.3
  • Balance +0.7

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$1.2 billion$71 million$1.1 billion
1996$1.4 billion$71 million$1.3 billion
1997$1.2 billion$66 million$1.1 billion
1998$689 million$63 million$626 million
1999$1.1 billion$66 million$1 billion
2000$1.5 billion$82 million$1.4 billion
2001$1.4 billion$84 million$1.3 billion
2002$1.7 billion$76 million$1.6 billion
2003$2.1 billion$83 million$2 billion
2004$3.1 billion$85 million$3 billion
2005$3.7 billion$86 million$3.6 billion
2006$4.4 billion$101 million$4.3 billion
2007$5 billion$229 million$4.8 billion
2008$6.5 billion$211 million$6.3 billion
2009$2.7 billion$148 million$2.6 billion
2010$2.5 billion$128 million$2.4 billion
2011$3.5 billion$95 million$3.4 billion
2012$4.8 billion$167 million$4.6 billion
2013$3.5 billion$137 million$3.3 billion
2014$3.5 billion$115 million$3.4 billion
2015$2.7 billion$129 million$2.5 billion
2016$2.4 billion$154 million$2.3 billion
2017$3.2 billion$180 million$3 billion
2018$4.1 billion$176 million$3.9 billion
2019$2.2 billion$158 million$2 billion
2020$1.5 billion$121 million$1.4 billion
2021$624 million$144 million$480 million
2022$446 million$156 million$290 million
2023$1.7 billion$189 million$1.6 billion
2024$963 million$288 million$675 million

What they sell each other

What Kuwait sells to Singapore

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

  1. Refined petroleum$881 million · 91.5%
    1.4 million tonnes · Kuwait’s destinations
  2. Engine parts$28 million · 2.9%
    2 thousand tonnes
  3. Crude petroleum$18 million · 1.9%
    34 thousand tonnes · Kuwait’s destinations
  4. 350 tonnes
  5. Polyethylene$8 million · 0.78%
    7 thousand tonnes · Singapore’s sources
  6. 459 tonnes
  7. Auto parts$3 million · 0.32%
    387 tonnes · Singapore’s sources
  8. Ethers and organic peroxides$3 million · 0.29%
    4 thousand tonnes
  9. Fiberglass and glass wool$941 thousand · 0.1%
    734 tonnes
  10. Spark-ignition engines$849 thousand · 0.09%
    16 tonnes

What Singapore sells to Kuwait

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

  1. Turbojets and gas turbines$133 million · 46.2%
    63 tonnes · Singapore’s destinations
  2. Large-diameter steel pipes$20 million · 7.1%
    11 thousand tonnes
  3. 374 tonnes
  4. Other industrial machines$13 million · 4.4%
    452 tonnes
  5. 851 tonnes
  6. Vaccines, blood and antisera$11 million · 3.9%
    4 tonnes · Singapore’s destinations
  7. Valves and taps$9 million · 3%
    190 tonnes
  8. 92 tonnes · Singapore’s destinations
  9. Seamless steel pipes$4 million · 1.3%
    1 thousand tonnes
  10. Electrical test instruments$4 million · 1.3%
    17 tonnes

How it travels

Estimated sea route from Shuaiba to Singapore.

The estimated sea route between Shuaiba and Singapore is 3,904 nautical miles (7,231 km) long: ≈ 9–11.5 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Hormuz; and Strait of Malacca and Singapore.

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$1.1 billion · 84%
  2. Air$201 million · 16%

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

How much each matters to the other

Singapore was Kuwait’s 17th largest trading partner (1% of its trade), and Kuwait was Singapore’s 48th (0.2%).

Singapore in Kuwait’s trade
1.2%
Singapore’s rank among Kuwait’s partners
17th
Kuwait in Singapore’s trade
0.2%
Kuwait’s rank among Singapore’s partners
48th

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.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.