Trade balance in Kuwait in 2024 — 28,191,893,469 US$. Ranked 18 in the world out of 171. Since 1965, the indicator has risen by 2,914.5%.
1965–2024 · US$
How the value compares with the world and the groups this territory belongs to: Kuwait
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2024 | 28.19B | −3.86B | −12.04% |
| 2023 | 32.05B | −22.96B | −41.74% |
| 2022 | 55.01B | +23.19B | +72.87% |
| 2021 | 31.82B | +25.81B | +429.34% |
| 2020 | 6.01B | −11.5B | −65.67% |
| 2019 | 17.51B | +1.1B | +6.69% |
| 2018 | 16.41B | +10.92B | +198.7% |
| 2017 | 5.49B | +6.47B | +662.31% |
| 2016 | -977M | −11.1B | −109.66% |
| 2015 | 10.12B | −50.02B | −83.17% |
| 2014 | 60.14B | −16.7B | −21.73% |
| 2013 | 76.84B | −7.49B | −8.89% |
| 2012 | 84.33B | +11.44B | +15.7% |
| 2011 | 72.89B | +30.97B | +73.89% |
| 2010 | 41.92B | +10.07B | +31.61% |
| 2009 | 31.85B | −28.33B | −47.08% |
| 2008 | 60.18B | +19.95B | +49.58% |
| 2007 | 40.23B | −1.79B | −4.26% |
| 2006 | 42.02B | +13.17B | +45.65% |
| 2005 | 28.85B | +14.27B | +97.83% |
| 2004 | 14.58B | +6.15B | +72.82% |
| 2003 | 8.44B | +5.39B | +176.38% |
| 2002 | 3.05B | −2.45B | −44.49% |
| 2001 | 5.5B | −4.43B | −44.6% |
| 2000 | 9.93B | +7.97B | +407.18% |
| 1999 | 1.96B | +3.83B | +204.31% |
| 1998 | -1.88B | −5.9B | −146.63% |
| 1997 | 4.03B | −99.73M | −2.42% |
| 1996 | 4.12B | +1.3B | +46.03% |
| 1995 | 2.82B | +707M | +33.37% |
| 1994 | 2.12B | +1.28B | +153.81% |
| 1993 | 834M | +3.56B | +130.56% |
| 1992 | -2.73B | +9.25B | +77.21% |
| 1991 | -11.98B | −9.56B | −395.01% |
| 1990 | -2.42B | −5.1B | −190.23% |
| 1989 | 2.68B | +1.73B | +180.31% |
| 1988 | 957M | −2.49B | −72.25% |
| 1987 | 3.45B | +3.78B | +1,154.9% |
| 1986 | -327M | −2.67B | −113.95% |
| 1985 | 2.34B | −1.01B | −30.18% |
| 1984 | 3.36B | +1.32B | +64.53% |
| 1983 | 2.04B | +1.58B | +341.74% |
| 1982 | 462M | −7.31B | −94.06% |
| 1981 | 7.77B | −4.84B | −38.39% |
| 1980 | 12.62B | +451M | +3.71% |
| 1979 | 12.17B | +7.41B | +155.81% |
| 1978 | 4.76B | +714M | +17.68% |
| 1977 | 4.04B | −1.92B | −32.19% |
| 1976 | 5.96B | −588M | −8.99% |
| 1975 | 6.55B | −2.7B | −29.22% |
| 1974 | 9.25B | +6.56B | +243.65% |
| 1973 | 2.69B | +558M | +26.17% |
| 1972 | 2.13B | +283M | +15.3% |
| 1971 | 1.85B | +824M | +80.36% |
| 1970 | 1.03B | +68.32M | +7.13% |
| 1969 | 958M | +8.4M | +0.88% |
| 1968 | 949M | +190M | +25.09% |
| 1967 | 759M | −230M | −23.23% |
| 1966 | 988M | +53.2M | +5.69% |
| 1965 | 935M | — | — |
The same indicator for neighboring countries — with links to their pages
The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.
Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.
Source: World Development Indicators (World Bank), license CC BY 4.0.
The value of goods shipped out and of services provided to non-residents, in US dollars.
Trade Imports of goods and servicesThe value of goods brought in and of services received from non-residents.
Finance Current account balance in US dollarsHow much more a country receives from abroad than it pays out there. A minus means it pays more.
Trade Trade opennessExports plus imports as a percent of GDP — total foreign trade turnover.
