Kuwait Trade Balance
Key information about Kuwait's Trade Balance
- Kuwait's Trade Balance recorded a surplus of 3.5 USD bn in Jun 2024, compared with a surplus of 3.2 USD bn in the previous month
- Kuwait's Trade Balance data is updated monthly, available from Jan 1993 to Jun 2024, with an averaged value of 1.2 USD bn
- The data reached an all-time high of 9.7 USD bn in Mar 2012 and a record low of -429.3 USD mn in Apr 2020
Further information about Kuwait's Trade Balance
- In the latest reports, Kuwait's Total Exports reached 6.4 USD bn in Jun 2024, a decrease of 2.5% YoY (year-on-year)
- Total Imports recorded 2.9 USD bn in Jun 2024, an increase of 2.5% YoY (year-on-year)
View Kuwait's Trade Balance from Jan 1993 to Jun 2024 in the chart:
What was Kuwait's Trade Balance in Jun 2024?
Kuwait's Trade Balance recorded a surplus of 3.5 USD bn in Jun 2024, compared with a surplus of 3.2 USD bn in the previous month See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
3,536.5 Jun 2024 | 3,155.7 May 2024 | -429.3 Apr 2020 | 9,690.7 Mar 2012 | USD mn | monthly | Jan 1993 - Jun 2024 |
Trade Balance by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (USD mn) | -452.9 Sep 2024 | monthly | Oct 1998 - Sep 2024 |
Algeria (USD mn) | -274.8 Mar 2020 | monthly | Jan 2000 - Mar 2020 |
Argentina (USD mn) | 992.1 Sep 2024 | monthly | Jan 1991 - Sep 2024 |
Armenia (USD mn) | -223.7 Sep 2024 | monthly | Nov 1995 - Sep 2024 |
Australia (USD mn) | 3,119.6 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
Austria (USD mn) | 525.7 Jun 2024 | monthly | Jan 1957 - Jun 2024 |
Azerbaijan (USD mn) | -255.8 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
Bahrain (USD mn) | 4,501.7 2023 | yearly | 1966 - 2023 |
Bangladesh (USD mn) | -1,707.2 Aug 2024 | monthly | Jul 1986 - Aug 2024 |
Belarus (USD mn) | 258.8 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Belgium (USD mn) | 1,658.0 Aug 2024 | monthly | Jan 1993 - Aug 2024 |
Bolivia (USD mn) | 47.9 Aug 2024 | monthly | Oct 1994 - Aug 2024 |
Bosnia and Herzegovina (USD mn) | -529.9 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
Botswana (USD mn) | -427.9 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
Brazil (USD mn) | 4,342.8 Oct 2024 | monthly | Jan 1959 - Oct 2024 |
Brunei (USD mn) | 376.2 Aug 2024 | monthly | Jan 2010 - Aug 2024 |
Bulgaria (USD mn) | -446.1 Aug 2024 | monthly | Jan 1995 - Aug 2024 |
Cambodia (USD mn) | 82.9 Sep 2024 | monthly | Jun 2013 - Sep 2024 |
Canada (USD mn) | -933.3 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Chile (USD mn) | 1,816.0 Sep 2024 | monthly | Jan 1968 - Sep 2024 |
China (USD mn) | 95,718.8 Oct 2024 | monthly | Jan 1992 - Oct 2024 |
Colombia (USD mn) | -1,687.9 Aug 2024 | monthly | Jan 1958 - Aug 2024 |
Croatia (USD mn) | -1,452.7 Jul 2024 | monthly | Jan 1993 - Jul 2024 |
Cyprus (USD mn) | -740.7 Aug 2024 | monthly | Jan 1957 - Aug 2024 |
Czech Republic (USD mn) | 3,296.4 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
Denmark (USD mn) | 4,118.0 Aug 2024 | monthly | Jan 1997 - Aug 2024 |
Ecuador (USD mn) | 428.6 Aug 2024 | monthly | Mar 1992 - Aug 2024 |
Egypt (USD mn) | -4,885.0 Aug 2024 | monthly | Jan 1957 - Aug 2024 |
Estonia (USD mn) | -185.8 Aug 2024 | monthly | Jan 1993 - Aug 2024 |
European Union (USD mn) | 8,744.1 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
Finland (USD mn) | 322.0 Sep 2024 | monthly | Jan 1992 - Sep 2024 |
France (USD mn) | -8,122.8 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Georgia (USD mn) | -707.9 Sep 2024 | monthly | Jan 1995 - Sep 2024 |
Germany (USD mn) | 18,832.4 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
Ghana (USD mn) | 659.7 Aug 2024 | monthly | Mar 2005 - Aug 2024 |
Greece (USD mn) | -2,936.2 Jul 2024 | monthly | Jan 2002 - Jul 2024 |
Hong Kong SAR, China (USD mn) | -6,828.9 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
Hungary (USD mn) | 487.8 Aug 2024 | monthly | Jan 1976 - Aug 2024 |
Iceland (USD mn) | -361.4 Oct 2024 | monthly | Jan 1957 - Oct 2024 |
India (USD mn) | -20,780.0 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
Indonesia (USD mn) | 3,257.0 Sep 2024 | monthly | Jan 1967 - Sep 2024 |
Iran (USD mn) | 32,176.0 2023 | yearly | 1948 - 2023 |
Ireland (USD mn) | 6,101.1 Aug 2024 | monthly | Jan 1970 - Aug 2024 |
Israel (USD mn) | -2,763.4 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Italy (USD mn) | 4,479.6 Aug 2024 | monthly | Jan 1993 - Aug 2024 |
Ivory Coast (USD mn) | -138.9 Jul 2024 | monthly | Jan 1981 - Jul 2024 |
Japan (USD mn) | -1,309.8 Sep 2024 | monthly | Apr 1995 - Sep 2024 |
Jordan (USD mn) | -1,203.4 Aug 2024 | monthly | Jan 1972 - Aug 2024 |
Kazakhstan (USD mn) | 2,120.7 Aug 2024 | monthly | Sep 1995 - Aug 2024 |
Kenya (USD mn) | -1,029.6 Aug 2024 | monthly | Oct 1992 - Aug 2024 |
South Korea (USD mn) | 3,167.0 Oct 2024 | monthly | Jan 1966 - Oct 2024 |
Kosovo (USD mn) | -476.8 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Kuwait (USD mn) | 3,536.5 Jun 2024 | monthly | Jan 1993 - Jun 2024 |
Kyrgyzstan (USD mn) | -459.6 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
Laos (USD mn) | -71.8 Jun 2024 | quarterly | Dec 1992 - Jun 2024 |
Latvia (USD mn) | -369.9 Aug 2024 | monthly | Jan 1995 - Aug 2024 |
Lebanon (USD mn) | -1,062.6 Dec 2023 | monthly | Jan 1993 - Dec 2023 |
Lithuania (USD mn) | -498.1 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
Luxembourg (USD mn) | -835.8 Aug 2024 | monthly | Jan 1988 - Aug 2024 |
Macau SAR, China (USD mn) | -1,153.0 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
North Macedonia (USD mn) | -213.7 Sep 2024 | monthly | Dec 1993 - Sep 2024 |
Malawi (USD mn) | -194.6 Mar 2024 | monthly | Jan 1964 - Mar 2024 |
Malaysia (USD mn) | 1,253.2 Sep 2024 | monthly | Jan 1990 - Sep 2024 |
Malta (USD mn) | -399.1 Aug 2024 | monthly | Jan 1960 - Aug 2024 |
Mauritius (USD mn) | -411.8 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
Mexico (USD mn) | -167.5 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
Moldova (USD mn) | -503.5 Jul 2024 | monthly | Jan 1992 - Jul 2024 |
Mongolia (USD mn) | 47.2 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
Montenegro (USD mn) | -317.1 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
Morocco (USD mn) | -2,651.3 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
Mozambique (USD mn) | 106.5 Jun 2024 | monthly | Jan 2011 - Jun 2024 |
Myanmar (USD mn) | 183.9 Jul 2022 | monthly | Jan 1957 - Jul 2022 |
Nepal (USD mn) | -903.3 Sep 2024 | monthly | Aug 1974 - Sep 2024 |
Netherlands (USD mn) | 15,685.5 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
New Zealand (USD mn) | -1,312.0 Sep 2024 | monthly | Jan 1960 - Sep 2024 |
Nigeria (USD mn) | 2,786.0 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
Norway (USD mn) | 4,024.9 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
Oman (USD mn) | 1,667.1 Aug 2024 | monthly | Jan 1975 - Aug 2024 |
Pakistan (USD mn) | -1,498.0 Oct 2024 | monthly | Jan 1968 - Oct 2024 |
Palestinian Territory (USD mn) | -501.3 Aug 2024 | monthly | Jan 2011 - Aug 2024 |
Panama (USD mn) | -1,137.9 Aug 2024 | monthly | Jan 1964 - Aug 2024 |
Paraguay (USD mn) | -96.1 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
Peru (USD mn) | 1,811.9 Aug 2024 | monthly | Jan 1985 - Aug 2024 |
Philippines (USD mn) | -5,087.0 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
Poland (USD mn) | -1,745.1 Aug 2024 | monthly | Jan 1986 - Aug 2024 |
Portugal (USD mn) | -2,909.7 Aug 2024 | monthly | Jan 1957 - Aug 2024 |
Qatar (USD mn) | 5,531.0 Jul 2024 | monthly | Jan 2014 - Jul 2024 |
Romania (USD mn) | -3,174.6 Aug 2024 | monthly | Aug 1990 - Aug 2024 |
Russia (USD mn) | 12,138.2 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
Saudi Arabia (USD mn) | 113,078.6 2023 | yearly | 1957 - 2023 |
Serbia (USD mn) | -908.9 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
Singapore (USD mn) | 4,065.3 Sep 2024 | monthly | Jan 1976 - Sep 2024 |
Slovakia (USD mn) | 155.3 Aug 2024 | monthly | Jan 2004 - Aug 2024 |
Slovenia (USD mn) | -374.3 Sep 2024 | monthly | Nov 1991 - Sep 2024 |
South Africa (USD mn) | 312.1 Aug 2024 | monthly | Oct 2004 - Aug 2024 |
Spain (USD mn) | -3,511.9 Aug 2024 | monthly | Sep 1974 - Aug 2024 |
Sri Lanka (USD mn) | -634.0 Sep 2024 | monthly | Jan 1982 - Sep 2024 |
Sudan (USD mn) | -829.9 Dec 2022 | monthly | Jan 2003 - Dec 2022 |
Sweden (USD mn) | 78.2 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
Switzerland (USD mn) | 5,262.3 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doKuwait Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -3.1 2023 | yearly | 1988 - 2023 |
Consolidated Fiscal Balance (USD mn) | -5,077.511 2023 | yearly | 1988 - 2023 |
Tax Revenue (USD mn) | 128.142 Dec 2015 | monthly | Sep 2003 - Dec 2015 |
Tax Revenue: % of GDP (%) | 1.1 2023 | yearly | 1986 - 2023 |
National Government Debt (USD mn) | 164.1 Sep 2024 | monthly | Dec 1993 - Sep 2024 |
Government Debt: % of GDP (%) | 0.3 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
Forecast: Government Expenditure (KWD bn) | 27.335 2029 | yearly | 1985 - 2029 |
Forecast: Government Net Debt (KWD bn) | 14.007 2029 | yearly | 1991 - 2029 |
Forecast: Government Revenue (KWD bn) | 40.250 2029 | yearly | 1985 - 2029 |
Government Fiscal Balance: ytd (KWD mn) | -1,561.505 Mar 2024 | monthly | Apr 2018 - Mar 2024 |
Government Revenue: ytd: Non Oil: Tax and Fees (KWD mn) | 550.910 Mar 2024 | monthly | Apr 2018 - Mar 2024 |
Government Expenditure: ytd: Purchases of Non Financial Assets (KWD mn) | 336.796 Sep 2024 | monthly | Apr 2018 - Sep 2024 |
Government Revenue: ytd: Non Oil (KWD mn) | 2,116.770 Mar 2024 | monthly | Apr 2018 - Mar 2024 |
Government Revenue: ytd (KWD mn) | 23,644.325 Mar 2024 | monthly | Apr 2018 - Mar 2024 |
Government Expenditure: ytd: Current (KWD mn) | 9,630.195 Sep 2024 | monthly | Apr 2018 - Sep 2024 |
Government Expenditure: ytd (KWD mn) | 9,966.991 Sep 2024 | monthly | Apr 2018 - Sep 2024 |
Government Expenditure (KWD mn) | 18,245.900 2016 | yearly | 1989 - 2016 |
Government Revenue (KWD mn) | 13,633.900 2016 | yearly | 1987 - 2016 |
Government Revenue: Tax (KWD mn) | 486.000 2016 | yearly | 1987 - 2016 |
Government Expenditure: Current (KWD mn) | 12,125.900 2016 | yearly | 1989 - 2016 |
Government Expenditure: Capital (KWD mn) | 226.000 2016 | yearly | 1989 - 2016 |
Government Surplus/Deficit (KWD mn) | -1,561.505 2024 | yearly | 1989 - 2024 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 2.994 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | 3,536.5 Jun 2024 | monthly | Jan 1993 - Jun 2024 |
Total Exports (USD mn) | 6,435.2 Jun 2024 | monthly | Jan 1993 - Jun 2024 |
Total Exports Growth (%) | -1.0 Jun 2024 | monthly | Jan 1994 - Jun 2024 |
Aluminum: Exports (USD th) | 56,120.447 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 529,113.260 2022 | yearly | 1995 - 2022 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 17,111.420 2022 | yearly | 1995 - 2022 |
Total Imports (USD mn) | 2,898.7 Jun 2024 | monthly | Jan 1992 - Jun 2024 |
Total Imports Growth (%) | 2.5 Jun 2024 | monthly | Jan 1993 - Jun 2024 |
Imports: Medicament (USD th) | 1,144,894.403 2022 | yearly | 1995 - 2022 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 442,329.808 2022 | yearly | 1995 - 2022 |
Total Exports to USA (USD mn) | 3.835 Jul 2024 | monthly | Sep 1991 - Jul 2024 |
Total Imports from USA (USD mn) | 217.582 Jun 2024 | monthly | Jan 2017 - Jun 2024 |
Total Exports to China (USD mn) | 41.094 Jun 2024 | monthly | Jan 2017 - Jun 2024 |
Total Imports from China (USD mn) | 522.637 Jun 2024 | monthly | Jan 2017 - Jun 2024 |
Trade Balance: Quarterly (KWD mn) | 2,789.603 Dec 2018 | quarterly | Mar 1973 - Dec 2018 |
Exports: FOB: Growth Rate: YoY (%) | -1.015 Jun 2024 | monthly | Apr 2020 - Jun 2024 |
Exports: SITC: Other Manufactured Articles (KWD mn) | 36.800 Sep 2018 | quarterly | Sep 2014 - Sep 2018 |
Exports: SITC: Food and Live Animals (KWD mn) | 39.900 Sep 2018 | quarterly | Sep 2014 - Sep 2018 |
Export Value Index (2015=100) | 116.639 2021 | yearly | 1980 - 2021 |
Import Value Index (2015=100) | 102.988 2021 | yearly | 1980 - 2021 |
Balance of Payments | Last | Frequency | Range |
---|---|---|---|
Direct Investment Abroad (USD mn) | 1,748.6 Mar 2024 | quarterly | Mar 2012 - Mar 2024 |
Current Account Balance (USD mn) | 11,086.1 Mar 2024 | quarterly | Mar 2012 - Mar 2024 |
Current Account Balance: % of GDP (%) | 27.9 Mar 2024 | quarterly | Mar 2012 - Mar 2024 |
Foreign Direct Investment (USD mn) | 128.5 Mar 2024 | quarterly | Mar 2012 - Mar 2024 |
Foreign Direct Investment: % of GDP (%) | 0.3 Mar 2024 | quarterly | Mar 2012 - Mar 2024 |
Foreign Portfolio Investment (USD mn) | 13.987 Mar 2024 | quarterly | Mar 2012 - Mar 2024 |
Foreign Portfolio Investment: % of GDP (%) | 0.0 Mar 2024 | quarterly | Mar 2012 - Mar 2024 |
Foreign Portfolio Investment: Equity Securities (USD mn) | 45.5 Mar 2024 | quarterly | Mar 2012 - Mar 2024 |
Foreign Portfolio Investment: Debt Securities (USD mn) | -31.551 Mar 2024 | quarterly | Mar 2012 - Mar 2024 |
External Debt (USD mn) | 65,430.7 Mar 2024 | quarterly | Mar 2018 - Mar 2024 |
External Debt: % of GDP (%) | 39.4 2023 | yearly | 2014 - 2023 |
Forecast: Current Account Balance (USD bn) | 25.453 2029 | yearly | 1980 - 2029 |
Net International Investment Position (USD mn) | 113,840.261 2023 | yearly | 2001 - 2023 |
BoP: FA: OT: Liabilities (KWD mn) | 1,389.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
BoP: FA: Reserve Assets: Central Bank of Kuwait (CBK) (KWD mn) | 448.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
BoP: FA: Portfolio Investment: Liabilities (KWD mn) | 10.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
BoP: CA: Debit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
BoP: FA: OT: Assets (KWD mn) | -2,795.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
BoP: CA: Primary Income: Debit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
BoP: FA: Portfolio Investment: Assets (KWD mn) | -1,260.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
BoP: CA: Secondary Income: Credit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
BoP: Capital Account: Debit (KWD mn) | 5.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
BoP: FA: Other Investments (OT) (KWD mn) | -1,407.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
BoP: Net Errors and Omissions (KWD mn) | 493.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
BoP: FA: Financial Derivatives: Liabilities (KWD mn) | 40.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
BoP: FA: Financial Derivatives: Assets (KWD mn) | -36.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
BoP: FA: Portfolio Investment: Liabilities: Debt Instruments (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 1.7 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
Household Debt: % of GDP (%) | 0.7 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
Money Supply M1 (USD mn) | 33,747.006 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
Money Supply M2 (USD mn) | 132,820.345 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
M2 Growth (%) | 3.7 Sep 2024 | monthly | Jan 1995 - Sep 2024 |
Foreign Exchange Reserves (USD mn) | 42,293.4 Aug 2024 | monthly | Jan 1964 - Aug 2024 |
Foreign Exchange Reserves: % of GDP (%) | 25.562 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 14.3 Jun 2024 | quarterly | Mar 1973 - Jun 2024 |
Gold Reserves (USD mn) | 104.020 Sep 2024 | monthly | Dec 1961 - Sep 2024 |
Total Deposits (USD mn) | 176,721.903 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
Total Deposits Growth (%) | 4.7 Sep 2024 | monthly | Jan 1995 - Sep 2024 |
Domestic Credit (USD mn) | 132,219.5 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
Domestic Credit Growth (%) | 2.9 Sep 2024 | monthly | Jan 1995 - Sep 2024 |
Household Debt (USD mn) | 1,413.6 Sep 2024 | monthly | Jan 2002 - Sep 2024 |
Total Loans (USD mn) | 183,207.219 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
Total Loans Growth (%) | 5.69 Sep 2024 | monthly | Jan 1995 - Sep 2024 |
Private Debt: % of Nominal GDP (%) | 104.60 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
Money Supply: M3: M2: M1: Currency in Circulation (KWD mn) | 1,550.000 Aug 2024 | monthly | Jan 1994 - Aug 2024 |
Money Supply: M3 (KWD mn) | 40,227.500 Aug 2024 | monthly | Jan 1994 - Aug 2024 |
Monetary Survey: CBK and Local Banks: Money Supply M2: M1 (KWD mn) | 10,284.400 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
Monetary Survey: CBK and Local Banks: Money Supply M2 (KWD mn) | 40,477.000 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
Local Banks Time Deposits (KWD mn) | 64,939.300 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
More Indicators for Kuwait
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