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Kuwait Trade Balance 1965-2023

External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
  • Kuwait trade balance for 2019 was $11.45B, a 30.25% decline from 2018.
  • Kuwait trade balance for 2018 was $16.41B, a 198.62% increase from 2017.
  • Kuwait trade balance for 2017 was $5.50B, a 660.86% decline from 2016.
  • Kuwait trade balance for 2016 was $-0.98B, a 109.68% decline from 2015.
  
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Germany $219.79B
UAE $108.45B
Singapore $107.91B
Netherlands $89.24B
Switzerland $70.72B
Saudi Arabia $66.92B
Italy $66.89B
South Korea $46.15B
Spain $40.99B
Australia $34.48B
Macao $27.96B
Qatar $25.28B
Denmark $24.50B
Sweden $22.34B
Poland $22.07B
Luxembourg $21.51B
Austria $16.13B
Czech Republic $15.12B
Argentina $14.41B
Puerto Rico $14.26B
Ireland $14.02B
Kuwait $11.45B
Oman $11.01B
Israel $9.06B
Norway $6.00B
Hong Kong $5.64B
Slovenia $4.67B
Bahrain $4.36B
Hungary $3.79B
Uruguay $3.61B
Belgium $3.37B
Lithuania $2.91B
Malta $2.66B
Bermuda $1.92B
Cayman Islands $1.43B
Estonia $1.25B
Iceland $1.12B
Portugal $1.09B
Brunei $0.99B
New Zealand $0.64B
Finland $0.42B
Slovak Republic $0.34B
San Marino $0.34B
Cyprus $0.27B
Faroe Islands $0.10B
Antigua and Barbuda $0.04B
Aruba $0.03B
Bahamas $-0.07B
Barbados $-0.08B
Seychelles $-0.19B
Latvia $-0.23B
Northern Mariana Islands $-0.24B
Croatia $-0.26B
Greenland $-0.30B
French Polynesia $-0.90B
Panama $-1.72B
Virgin Islands (U.S.) $-1.88B
Guam $-2.15B
Greece $-3.42B
Chile $-5.18B
Japan $-14.81B
France $-26.13B
Canada $-27.79B
United Kingdom $-46.14B
United States $-578.79B
Kuwait Trade Balance - Historical Data
Year Billions of US $ % of GDP
2019 $11.45B 8.40%
2018 $16.41B 11.88%
2017 $5.50B 4.55%
2016 $-0.98B -0.90%
2015 $10.12B 8.83%
2014 $60.13B 36.98%
2013 $76.83B 44.12%
2012 $84.34B 48.45%
2011 $72.88B 47.31%
2010 $41.92B 36.32%
2009 $31.85B 30.06%
2008 $60.19B 40.84%
2007 $40.24B 35.10%
2006 $42.02B 41.38%
2005 $28.85B 35.71%
2004 $14.58B 24.54%
2003 $8.44B 17.63%
2002 $3.05B 8.01%
2001 $5.50B 15.77%
2000 $9.93B 26.33%
1999 $1.96B 6.50%
1998 $-1.88B -7.23%
1997 $4.03B 13.26%
1996 $4.12B 13.10%
1995 $2.83B 10.39%
1994 $2.12B 8.52%
1993 $0.83B 3.49%
1992 $-2.73B -13.75%
1991 $-11.98B -108.81%
1990 $-2.42B -13.13%
1989 $2.68B 11.03%
1988 $0.96B 4.62%
1987 $3.45B 15.42%
1986 $-0.33B -1.83%
1985 $2.34B 10.93%
1984 $3.36B 15.47%
1983 $2.04B 9.78%
1982 $0.46B 2.14%
1981 $7.77B 31.02%
1980 $12.62B 44.05%
1979 $12.16B 49.15%
1978 $4.75B 30.67%
1977 $4.04B 28.58%
1976 $5.96B 45.38%
1975 $6.55B 54.46%
1974 $9.25B 71.12%
1973 $2.69B 49.77%
1972 $2.13B 47.94%
1971 $1.85B 47.68%
1970 $1.03B 35.70%
1969 $0.96B 34.58%
1968 $0.95B 35.65%
1967 $0.76B 31.08%
1966 $0.99B 41.33%
1965 $0.94B 44.59%