Kuwait Trade Balance
Kuwait Trade Balance recorded a surplus of 1.2 USD bn in Sep 2020, compared with a surplus of 1.3 USD bn in the previous month. Kuwait Trade Balance data is updated monthly, available from Jan 1993 to Sep 2020, with an averaged value of 1.1 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. CEIC converts monthly Trade Balance into USD. The Central Statistical Bureau provides Trade Balance in local currency. The Central Bank of Kuwait average market exchange rate is used for currency conversions.
In the latest reports, Kuwait Total Exports reached 3.4 USD bn in Aug 2020, a decrease of 39.9 % year on year. Total Imports recorded 2.1 USD bn in Aug 2020, a decrease of 11.1 % year on year.
View Kuwait's Trade Balance from Jan 1993 to Sep 2020 in the chart:
What was Kuwait's Trade Balance in Sep 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 1,248.6 Sep 2020 | 1,275.4 Aug 2020 | -429.3 Apr 2020 | 9,690.7 Mar 2012 | USD mn | monthly | Jan 1993 - Sep 2020 |
Trade Balance by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | -376.8 Dec 2020 | monthly | Oct 1998 - Dec 2020 |
| Algeria (USD mn) | -791.7 Jan 2020 | monthly | Jan 2000 - Jan 2020 |
| Argentina (USD mn) | 141.2 Nov 2020 | monthly | Jan 1991 - Nov 2020 |
| Armenia (USD mn) | -197.4 Nov 2020 | monthly | Nov 1995 - Nov 2020 |
| Australia (USD mn) | 3,651.0 Nov 2020 | monthly | Jul 1971 - Nov 2020 |
| Austria (USD mn) | -377.4 Oct 2020 | monthly | Jan 1957 - Oct 2020 |
| Azerbaijan (USD mn) | 710.9 Oct 2020 | monthly | Jan 2000 - Oct 2020 |
| Bahrain (USD mn) | 856.2 2019 | yearly | 1966 - 2019 |
| Bangladesh (USD mn) | -915.4 Oct 2020 | monthly | Jul 1986 - Oct 2020 |
| Belarus (USD mn) | 309.3 Oct 2020 | monthly | Jan 2000 - Oct 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -8.6 2017 | yearly | 1988 - 2017 |
| Consolidated Fiscal Balance (USD mn) | -10,753.192 2017 | yearly | 1988 - 2017 |
| Tax Revenue (USD mn) | 128.142 Dec 2015 | monthly | Sep 2003 - Dec 2015 |
| Tax Revenue: % of GDP (%) | 1.4 2017 | yearly | 1986 - 2017 |
| National Government Debt (USD mn) | 3,442.1 Nov 2020 | monthly | Dec 1993 - Nov 2020 |
| Government Debt: % of GDP (%) | 4.2 Mar 2020 | quarterly | Dec 2010 - Mar 2020 |
| Forecast: Government Expenditure (KWD bn) | 23.881 2025 | yearly | 1990 - 2025 |
| Forecast: Government Net Debt (KWD bn) | 38.428 2025 | yearly | 1991 - 2025 |
| Forecast: Government Revenue (KWD bn) | 22.442 2025 | yearly | 1990 - 2025 |
| Government Revenue (KWD mn) | 13,633.900 2016 | yearly | 1987 - 2016 |
| Government Expenditure: Current (KWD mn) | 12,125.900 2016 | yearly | 1989 - 2016 |
| Government Revenue: Tax (KWD mn) | 486.000 2016 | yearly | 1987 - 2016 |
| Government Expenditure: Capital (KWD mn) | 226.000 2016 | yearly | 1989 - 2016 |
| Government Surplus/Deficit (KWD mn) | -3,247.800 2018 | yearly | 1989 - 2018 |
| Government Expenditure (KWD mn) | 18,245.900 2016 | yearly | 1989 - 2016 |
| Public Debt (KWD mn) | 1,050.000 Nov 2020 | monthly | Dec 1993 - Nov 2020 |
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