Top Export Trading Partners of Kuwait - Volza

31-Mar-2025

Overview

Kuwait
 

Kuwait's primary export trading partners in 2023 are China (17% of exports, $10.2 billion), India (15%, $9 billion), South Korea (14%, $8.4 billion), Japan (12%, $7.2 billion), and the United States (10%, $6 billion).

Key exports to these countries include crude oil, refined petroleum products, natural gas, and petrochemicals. Trade agreements such as the Gulf Cooperation Council (GCC) framework and bilateral agreements with major Asian economies facilitate smoother trade flows by reducing trade barriers and enhancing economic cooperation.

Kuwait's GDP growth rate stands at 2.5%, with an inflation rate of 2.2% in 2023, impacting its export dynamics and trade policies. Strategic incentives, government support for the oil and gas sector, and logistical advantages, including major ports like and , promote a robust trade relationship. These factors make Kuwait a crucial export market for these partners. The country's focus on energy exports significantly influences its export landscape.

Kuwait Trade Partnership With Other Countries

Track top export trading partner countries of Kuwait, These findings are based on global export shipment database of Volza, it is the most up-to-date information available on Kuwait's export trade.