Kuwait

-0.79

Econ Complexity 83rd of 184
1992
2016

$52.3B

Exports 47th of 221
1992
2016

$33.3B

Imports 59th of 221
1992
2016

$74.6k

GDP Per Capita 6th of 184
1992
2016
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Looking for commercial partners in Kuwait? List your company on Macro Market.

Kuwait is the 47th largest export economy in the world and the 83rd most complex economy according to the Economic Complexity Index (ECI). In 2015, Kuwait exported $52.3B and imported $33.3B, resulting in a positive trade balance of $19B. In 2015 the GDP of Kuwait was $114B and its GDP per capita was $74.6k.

The top exports of Kuwait are Crude Petroleum ($33.7B), Refined Petroleum ($8.99B), Petroleum Gas ($1.88B), Acyclic Alcohols ($1.19B) and Cyclic Hydrocarbons ($1.18B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($3.57B), Broadcasting Equipment ($1.1B), Refined Petroleum ($782M), Planes, Helicopters, and/or Spacecraft ($780M) and Packaged Medicaments ($709M).

The top export destinations of Kuwait are South Korea ($8.03B), China ($6.94B), Japan ($5.73B), India ($5.65B) and the United States ($4.2B). The top import origins are China ($5B), the United Arab Emirates ($2.91B), the United States ($2.9B), Japan ($2.11B) and Saudi Arabia ($1.67B).

Kuwait borders Iraq and Saudi Arabia by land and Iran by sea.

Economic Complexity of Kuwait

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