Kuwait

0.12

Econ Complexity 57th of 126
1992
2017

$45.9B

Exports 51st of 221
1992
2017

$33.4B

Imports 59th of 221
1992
2017

$71.9k

GDP Per Capita 8th of 214
1992
2017
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Looking for commercial partners in Kuwait? List your company on Macro Market.

Kuwait is the 51st largest export economy in the world and the 57th most complex economy according to the Economic Complexity Index (ECI). In 2017, Kuwait exported $45.9B and imported $33.4B, resulting in a positive trade balance of $12.5B. In 2017 the GDP of Kuwait was $120B and its GDP per capita was $71.9k.

The top exports of Kuwait are Crude Petroleum ($31.3B), Refined Petroleum ($5.68B), Petroleum Gas ($2B), Acyclic Alcohols ($1.03B) and Cyclic Hydrocarbons ($1.02B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($2.62B), Broadcasting Equipment ($1.6B), Packaged Medicaments ($925M), Valves ($692M) and Jewellery ($691M).

The top export destinations of Kuwait are South Korea ($8.68B), China ($8.16B), India ($5.74B), Japan ($5.37B) and Singapore ($2.94B). The top import origins are China ($5.31B), the United States ($3.62B), the United Arab Emirates ($2.88B), Saudi Arabia ($1.82B) and Germany ($1.77B).

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

Economic Complexity of Kuwait

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