Kuwait: Trade balance, in dollars

The latest value from 2023 is 32.05 billion U.S. dollars, a decline from 55.01 billion U.S. dollars in 2022. In comparison, the world average is 4.81 billion U.S. dollars, based on data from 148 countries. Historically, the average for Kuwait from 1975 to 2023 is 16.07 billion U.S. dollars. The minimum value, -8.09 billion U.S. dollars, was reached in 1991 while the maximum of 83.14 billion U.S. dollars was recorded in 2012. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.