Summary
- Kuwait → Thailand
- $712million
- Thailand → Kuwait
- $544million
- Kuwait’s balance
- $168million
Balance
Kuwait’s trade balance with Thailand
Trade between Kuwait and Thailand grew 8.7-fold since 1995
USD billions (current). Kuwait’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 0.7
- Imports 0.5
- Balance +0.2
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $33 million | $111 million | -$78 million |
| 1996 | $171 million | $84 million | $87 million |
| 1997 | $95 million | $73 million | $22 million |
| 1998 | $24 million | $66 million | -$42 million |
| 1999 | $243 million | $69 million | $173 million |
| 2000 | $379 million | $87 million | $292 million |
| 2001 | $347 million | $95 million | $252 million |
| 2002 | $137 million | $101 million | $36 million |
| 2003 | $166 million | $116 million | $49 million |
| 2004 | $310 million | $141 million | $169 million |
| 2005 | $309 million | $153 million | $156 million |
| 2006 | $287 million | $259 million | $28 million |
| 2007 | $160 million | $335 million | -$174 million |
| 2008 | $285 million | $410 million | -$124 million |
| 2009 | $401 million | $343 million | $58 million |
| 2010 | $513 million | $393 million | $120 million |
| 2011 | $788 million | $425 million | $363 million |
| 2012 | $808 million | $414 million | $394 million |
| 2013 | $955 million | $468 million | $487 million |
| 2014 | $906 million | $571 million | $335 million |
| 2015 | $803 million | $532 million | $272 million |
| 2016 | $474 million | $452 million | $22 million |
| 2017 | $526 million | $409 million | $117 million |
| 2018 | $936 million | $406 million | $530 million |
| 2019 | $804 million | $448 million | $356 million |
| 2020 | $579 million | $361 million | $218 million |
| 2021 | $735 million | $419 million | $316 million |
| 2022 | $1.1 billion | $492 million | $618 million |
| 2023 | $614 million | $615 million | -$848 thousand |
| 2024 | $712 million | $544 million | $168 million |
What they sell each other
What Kuwait sells to Thailand
The top 10 headings in 2024, with their share of the total.
What Thailand sells to Kuwait
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Shuaiba and Laem Chabang is 4,732 nautical miles (8,763 km) long: ≈ 11–14 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
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Thailand was Kuwait’s 16th largest trading partner (1% of its trade), and Kuwait was Thailand’s 45th (0.2%).
- Thailand in Kuwait’s trade
- 1.2%
- Thailand’s rank among Kuwait’s partners
- 16th
- Kuwait in Thailand’s trade
- 0.2%
- Kuwait’s rank among Thailand’s partners
- 45th
Compare with
Other partners of Kuwait
Other partners of Thailand
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
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.