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Trade between Kuwait and Taiwan

In 2024, Kuwait exported $3.4 billion to Taiwan and imported $169 million. Kuwait ran a surplus of $3.2 billion with Taiwan, compared with a surplus of $4.1 billion in 2019. Taiwan was Kuwait’s 9th largest trading partner (3% of its trade), and Kuwait was Taiwan’s 27th (0.4%).

Summary

Kuwait → Taiwan
$3.4billion
Taiwan → Kuwait
$169million
Kuwait’s balance
$3.2billion

Balance

Kuwait’s trade balance with Taiwan

Trade between Kuwait and Taiwan grew 5.5-fold since 1997

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

  • Exports 3.4
  • Imports 0.2
  • Balance +3.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$0$0$0
1996$0$0$0
1997$548 million$94 million$453 million
1998$350 million$81 million$269 million
1999$407 million$68 million$339 million
2000$982 million$83 million$899 million
2001$1.1 billion$84 million$1 billion
2002$1.3 billion$98 million$1.2 billion
2003$2 billion$112 million$1.9 billion
2004$2.8 billion$137 million$2.6 billion
2005$4.3 billion$114 million$4.2 billion
2006$5 billion$156 million$4.9 billion
2007$5.7 billion$189 million$5.6 billion
2008$8.1 billion$221 million$7.9 billion
2009$4.6 billion$147 million$4.4 billion
2010$6.1 billion$205 million$5.9 billion
2011$7.7 billion$231 million$7.5 billion
2012$8.6 billion$174 million$8.4 billion
2013$8.5 billion$297 million$8.2 billion
2014$6.7 billion$269 million$6.4 billion
2015$4 billion$274 million$3.7 billion
2016$2.9 billion$228 million$2.7 billion
2017$3.6 billion$205 million$3.4 billion
2018$5.2 billion$204 million$5 billion
2019$4.3 billion$213 million$4.1 billion
2020$2.5 billion$124 million$2.4 billion
2021$4.6 billion$181 million$4.4 billion
2022$7.1 billion$214 million$6.9 billion
2023$4.7 billion$223 million$4.5 billion
2024$3.4 billion$169 million$3.2 billion

What they sell each other

What Kuwait sells to Taiwan

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

  1. Crude petroleum$3.1 billion · 92.4%
    6 million tonnes · Kuwait’s destinations
  2. Refined petroleum$133 million · 3.9%
    283 thousand tonnes · Kuwait’s destinations
  3. Alcohols$30 million · 0.9%
    47 thousand tonnes
  4. Hydrocarbon derivatives$28 million · 0.82%
    30 thousand tonnes
  5. Cyclic hydrocarbons$18 million · 0.53%
    17 thousand tonnes
  6. Natural gas and LPG$16 million · 0.47%
    23 thousand tonnes
  7. Catalysts$15 million · 0.45%
    1 thousand tonnes
  8. Polyethylene$15 million · 0.45%
    16 thousand tonnes
  9. 75 tonnes
  10. Fiberglass and glass wool$402 thousand · 0.01%
    341 tonnes

What Taiwan sells to Kuwait

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

  1. Cars$55 million · 32.4%
    5 thousand tonnes · Kuwait’s sources
  2. Auto parts$14 million · 8.2%
    1 thousand tonnes · Taiwan’s destinations
  3. Stainless steel sheet$7 million · 4%
    3 thousand tonnes
  4. 12 tonnes
  5. Cyclic hydrocarbons$4 million · 2.3%
    3 thousand tonnes
  6. Computers$4 million · 2.2%
    9 tonnes · Taiwan’s destinations
  7. Polystyrene$4 million · 2.1%
    2 thousand tonnes
  8. Screws, bolts and nuts$3 million · 2.1%
    1 thousand tonnes
  9. Makeup and skin care$3 million · 1.7%
    56 tonnes
  10. Cables and wire$3 million · 1.7%
    477 tonnes

How it travels

Estimated sea route from Shuaiba to Kaohsiung.

The estimated sea route between Shuaiba and Kaohsiung is 5,562 nautical miles (10,301 km) long: ≈ 13–16.5 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$3.5 billion · 99.3%
  2. Air$26 million · 0.75%

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

How much each matters to the other

Taiwan was Kuwait’s 9th largest trading partner (3% of its trade), and Kuwait was Taiwan’s 27th (0.4%).

Taiwan in Kuwait’s trade
3.3%
Taiwan’s rank among Kuwait’s partners
9th
Kuwait in Taiwan’s trade
0.4%
Kuwait’s rank among Taiwan’s partners
27th

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.