Kuwait

0.13

Econ Complexity 55th of 214
1992
2016

$40.8B

Exports 48th of 221
1992
2016

$31.5B

Imports 60th of 221
1992
2016

$74.3k

GDP Per Capita 6th of 214
1992
2016
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Looking for commercial partners in Kuwait? List your company on Macro Market.

Kuwait is the 48th largest export economy in the world. In 2016, Kuwait exported $40.8B and imported $31.5B, resulting in a positive trade balance of $9.2B. In 2016 the GDP of Kuwait was $110B and its GDP per capita was $74.3k.

The top exports of Kuwait are Crude Petroleum ($25.7B), Refined Petroleum ($7.23B), Petroleum Gas ($1.54B), Cyclic Hydrocarbons ($1.07B) and Ethylene Polymers ($794M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($2.85B), Broadcasting Equipment ($992M), Jewellery ($679M), Packaged Medicaments ($648M) and Insulated Wire ($531M).

The top export destinations of Kuwait are South Korea ($6.51B), China ($5.85B), India ($3.87B), Japan ($3.81B) and the United States ($3.04B). The top import origins are China ($4.51B), the United States ($3.02B), the United Arab Emirates ($2.82B), Japan ($1.98B) and Germany ($1.78B).

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

Economic Complexity of Kuwait

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