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Trade between Kuwait and the United States

In 2024, Kuwait exported $1.7 billion to the United States and imported $3.5 billion. Kuwait ran a deficit of $1.9 billion with the United States, compared with a deficit of $1.7 billion in 2019. The United States was Kuwait’s 6th largest trading partner (5% of its trade), and Kuwait was the United States’ 66th (0.1%).

Summary

Kuwait → United States
$1.7billion
United States → Kuwait
$3.5billion
Kuwait’s balance
-$1.9billion

Balance

Kuwait’s trade balance with the United States

Trade between Kuwait and the United States grew 87% since 1995

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

  • Exports 1.7
  • Imports 3.5
  • Balance -1.9

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$1.4 billion$1.3 billion$80 million
1996$1.8 billion$1.9 billion-$164 million
1997$2 billion$1.3 billion$680 million
1998$1.5 billion$1.4 billion$21 million
1999$1.6 billion$863 million$696 million
2000$2.8 billion$840 million$1.9 billion
2001$1.9 billion$905 million$1 billion
2002$2 billion$1 billion$988 million
2003$2.4 billion$1.4 billion$1.1 billion
2004$3.4 billion$1.5 billion$1.9 billion
2005$4.5 billion$1.9 billion$2.6 billion
2006$4.2 billion$2.2 billion$2 billion
2007$4.3 billion$2.7 billion$1.6 billion
2008$7.5 billion$2.9 billion$4.5 billion
2009$4 billion$1.8 billion$2.2 billion
2010$5.6 billion$2.8 billion$2.8 billion
2011$8 billion$2.8 billion$5.2 billion
2012$13.3 billion$2.6 billion$10.7 billion
2013$12.9 billion$2.8 billion$10.1 billion
2014$11.7 billion$3.8 billion$7.9 billion
2015$4.7 billion$2.9 billion$1.8 billion
2016$3.4 billion$3 billion$384 million
2017$2.9 billion$3.6 billion-$645 million
2018$2 billion$3.2 billion-$1.2 billion
2019$1.3 billion$3 billion-$1.7 billion
2020$611 million$2.4 billion-$1.8 billion
2021$1.1 billion$2.9 billion-$1.8 billion
2022$2.2 billion$3.4 billion-$1.2 billion
2023$1.7 billion$3.5 billion-$1.8 billion
2024$1.7 billion$3.5 billion-$1.9 billion

What they sell each other

What Kuwait sells to the United States

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

  1. Refined petroleum$950 million · 57.3%
    1.6 million tonnes · Kuwait’s destinations
  2. Crude petroleum$640 million · 38.6%
    1.2 million tonnes · Kuwait’s destinations
  3. Coal tar oils$25 million · 1.5%
    24 thousand tonnes
  4. Slag and ash with metals$7 million · 0.44%
    12 thousand tonnes
  5. Petroleum coke and bitumen$6 million · 0.39%
    40 thousand tonnes
  6. Ferroalloys$5 million · 0.28%
    3 thousand tonnes · the United States’ sources
  7. 16 tonnes
  8. Other rubber articles$3 million · 0.18%
    39 tonnes
  9. Wall clocks and alarm clocks$2 million · 0.11%
  10. Catalysts$2 million · 0.1%
    66 tonnes

What the United States sells to Kuwait

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

  1. Cars$440 million · 12.4%
    23 thousand tonnes · the United States’ destinations
  2. Aircraft parts$424 million · 12%
    329 tonnes
  3. 519 tonnes · the United States’ destinations
  4. Natural gas and LPG$227 million · 6.4%
    380 thousand tonnes
  5. Catalysts$136 million · 3.8%
    7 thousand tonnes
  6. Vaccines, blood and antisera$130 million · 3.7%
    90 tonnes · the United States’ destinations
  7. Trucks$119 million · 3.4%
    7 thousand tonnes · the United States’ destinations
  8. Turbojets and gas turbines$105 million · 3%
    110 tonnes · the United States’ destinations
  9. 4 thousand tonnes
  10. Other vegetable oils$75 million · 2.1%
    40 thousand tonnes

How it travels

Estimated sea route from Shuaiba to Los Angeles.

The estimated sea route between Shuaiba and Los Angeles is 11,897 nautical miles (22,033 km) long: ≈ 27.5–35.5 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$3.4 billion · 65.8%
  2. Air$1.8 billion · 34.2%

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

How much each matters to the other

The United States was Kuwait’s 6th largest trading partner (5% of its trade), and Kuwait was the United States’ 66th (0.1%).

The United States in Kuwait’s trade
4.9%
The United States’ rank among Kuwait’s partners
6th
Kuwait in the United States’ trade
0.1%
Kuwait’s rank among the United States’ partners
66th

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.