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Kuwait Trade Profile '21

Page 1

Trade Profiles

2021 Trade in commercial services

Transport

Travel Other commercial services

Industrial property

Merchandise trade Agricultural products Nonagricultural products


Kuwait, the State of

Kuwait, the State of

GDP (million current US$, 2020) GDP per capita (US$, 2018-2020) Current account balance (% GDP, 2020) Trade per capita (US$, 2018-2020) Trade (% GDP, 2018-2020)

107 936 26 884 0.8 12 951 48.2

Rank in world trade, 2020 Merchandise excluding intra-EU trade Commercial services excluding intra-EU trade

Exports

53 36 65 41

Imports

64 44 42 28

MERCHANDISE TRADE Value

Million US$ Merchandise exports, f.o.b. Merchandise imports, c.i.f.

Annual percentage change

2020 40 116 27 738 2020 0.23

Share in world total exports (%)

2010-2020 -5 2

2019 -10 -6

2020 -38 -17 2020 0.16

Share in world total imports (%)

Breakdown in economy's total exports

Breakdown in economy's total imports

By main commodity group, % (2019)

By main commodity group, % (2019)

Agricultural products: 1.1

Fuels and mining products: 81.5

Agricultural products: 16

Fuels and mining products: 4

Manufactures: 10.1

Other: 7.3

Manufactures: 80

Other: 0

By main destination, % (2019)

By main origin, % (2019)

Iraq: 1.5 India: 1.2 United Arab Emirates: 0.9

China: 1.4 Saudi Arabia, Kingdom of: 1 Other: 93.9

European Union: 19.6 United States of America: 9.1 Japan: 6.3

China: 17.9 United Arab Emirates: 8.4 Other: 38.7

Agricultural Products Value

Top exported products (Million US$) HS1101 HS2202 HS2009 HS1902 HS1602

2019 . 54 31 30 25 25

Wheat or meslin flour Waters containing added sugar Fruit juices and vegetable juices Pasta Other prepared or preserved meat

Value

Top imported products (Million US$) HS1006 HS0207 HS2402 HS1905 HS1806

2019

Rice Meat and edible offal of poultry Cigars, cheroots, cigarillos Bread, pastry, other bakers' wares Chocolate and other cocoa food

357 311 277 200 193

Share in economy's trade in agricultural products Exports 0%

Imports

10%

20%

0%

HS1101

HS1006

HS2202

HS0207

HS2009

HS2402

HS1902

HS1905

HS1602

HS1806

5%

10%

Million US$ Exports Imports

Value

2019 394 5 371

Annual percentage change

2010-2019 7 5

2018 -1 7

2019 -39 2

Non-Agricultural Products Value

Top exported products (Million US$) HS2709 HS2710 HS2711 HS2904 HS2905

2019

Petroleum oils, crude Petroleum oils, other than crude Petroleum gases Other derivatives of hydrocarbons Acyclic alcohols, their derivatives

46 539 9 925 2 220 787 767

Value

Top imported products (Million US$) HS8703 HS8525 HS3004 HS7113 HS7304

2019

Motor cars for transport of persons Radio-telephony transmission tools Medicaments in measured doses Articles and parts of jewellery Tubes, pipes, of iron or steel

3 227 1 593 1 030 696 648

Share in economy's trade in non-agricultural products Exports 0%

198

20%

40%

Imports 60%

80%

0%

HS2709

HS8703

HS2710

HS8525

HS2711

HS3004

HS2904

HS7113

HS2905

HS7304

5%

10%

15%

Million US$ Exports Imports

Value

2019 64 036 28 113

Annual percentage change

2010-2019 0 4

2018 31 7

2019 -10 -8

World Trade Organization – Trade Profiles 2021


Kuwait, the State of TRADE IN COMMERCIAL SERVICES Value

Million US$ Commercial services exports Commercial services imports

Annual percentage change

2020

2010-2020

6 703 17 464 2020 0.14

Share in world total exports (%) Breakdown in economy's total exports

-2 2

2019

2020

-1 -19

-10 -39 2020 0.38

Share in world total imports (%) Breakdown in economy's total imports

By main services item, % (2020)

By main services item, % (2020)

Transport: 13.7 Other commercial services: 79.9

Travel: 6.4 Goods-related services: 0

Transport: 18.6 Other commercial services: 38.8

By main destination

Travel: 42.3 Goods-related services: 0.4

By main origin

Value

FATS sales Inward (million US$) Outward (million US$)

Annual percentage change

2020 na na

2010-2020 na na

2019 na na

2020 na na

Transport Kuwait, the State of

200

World

100 0

2010

2013

2016

Value

Million US$ Exports Imports

2020

Transport exports (Index 2010=100)

2020 918 3 245

Exports By sea (2020) By air (2020) By other (2020)

Value 609 170 139

2010-2020 -14 -2

Share (%)

Annual percentage change 2019 -5 -9

Imports By sea (2020) By air (2019) By other (2020)

66.3 18.6 15.2

2020 -22 -21

Value

Share (%)

6 0 3 239

0.2 0.0 99.8

Travel 300

Kuwait, the State of

World

Value

Million US$ Exports Imports

200 100 0

2010

2013

2016

2020 427 7 379

2010-2020 4 1

Annual percentage change 2019 53 11

2020 -39 -53

2020

Travel exports (Index 2010=100)

Other Commercial Services and Goods-related Services Million US$

Exports of OCS by main item (2020) 14.8

4.1 0.5

ICTs Insurance & pension 80.6

Value

2020

2010-2020

Other commercial services Exports 5 358 Imports 6 771

3 6

2020

Financial services

Goods-related services Exports Imports

Other

Annual percentage change

2010-2020

na 69

na -2

2019

2020

-4 -48

-4 -21

2019

2020

na 17

na -34

INDUSTRIAL PROPERTY Patent applications, 2018 Residents

1

Non-residents

256

Trademark applications, 2018 Total

257

World Trade Organization – Trade Profiles 2021

Residents

3 543

Non-residents

7 195

Industrial design applications, 2018 Total

10 738

Residents

197

Non-residents

202

Total

399

199


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