Kuwait Trade Balance

1993 - 2020 | Monthly | USD mn | CEIC Data

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:

Kuwait Trade Balance

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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Includes Trade Balance on 116 economies standardised by CEIC. Instant access to full history data in excel.
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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Kuwait Key Series

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Includes 218 key indicators for Kuwait, curated by CEIC analysts. Instant access to full history data in excel.
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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