Kuwait Trade Balance 1965-2024
External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
- Kuwait trade balance for 2019 was $11.45B, a 30.26% decline from 2018.
- Kuwait trade balance for 2018 was $16.41B, a 198.71% increase from 2017.
- Kuwait trade balance for 2017 was $5.49B, a 660.83% decline from 2016.
- Kuwait trade balance for 2016 was $-0.98B, a 109.68% decline from 2015.
Kuwait Trade Balance - Historical Data |
Year |
Billions of US $ |
% of GDP |
2019 |
$11.45B |
8.25% |
2018 |
$16.41B |
11.88% |
2017 |
$5.49B |
4.55% |
2016 |
$-0.98B |
-0.90% |
2015 |
$10.12B |
8.83% |
2014 |
$60.14B |
36.98% |
2013 |
$76.84B |
44.12% |
2012 |
$84.33B |
48.45% |
2011 |
$72.89B |
47.32% |
2010 |
$41.92B |
36.32% |
2009 |
$31.85B |
30.06% |
2008 |
$60.18B |
40.84% |
2007 |
$40.23B |
35.10% |
2006 |
$42.02B |
41.38% |
2005 |
$28.85B |
35.71% |
2004 |
$14.58B |
24.54% |
2003 |
$8.44B |
17.63% |
2002 |
$3.05B |
8.01% |
2001 |
$5.50B |
15.77% |
2000 |
$9.93B |
26.33% |
1999 |
$1.96B |
6.50% |
1998 |
$-1.88B |
-7.23% |
1997 |
$4.03B |
13.26% |
1996 |
$4.12B |
13.10% |
1995 |
$2.82B |
10.39% |
1994 |
$2.12B |
8.52% |
1993 |
$0.83B |
3.49% |
1992 |
$-2.73B |
-13.75% |
1991 |
$-11.98B |
-108.81% |
1990 |
$-2.42B |
-13.13% |
1989 |
$2.68B |
11.03% |
1988 |
$0.96B |
4.62% |
1987 |
$3.45B |
15.42% |
1986 |
$-0.33B |
-1.83% |
1985 |
$2.34B |
10.93% |
1984 |
$3.36B |
15.47% |
1983 |
$2.04B |
9.78% |
1982 |
$0.46B |
2.14% |
1981 |
$7.77B |
31.02% |
1980 |
$12.62B |
44.05% |
1979 |
$12.17B |
49.15% |
1978 |
$4.76B |
30.67% |
1977 |
$4.04B |
28.58% |
1976 |
$5.96B |
45.38% |
1975 |
$6.55B |
54.46% |
1974 |
$9.25B |
71.12% |
1973 |
$2.69B |
49.77% |
1972 |
$2.13B |
47.94% |
1971 |
$1.85B |
47.68% |
1970 |
$1.03B |
35.70% |
1969 |
$0.96B |
34.58% |
1968 |
$0.95B |
35.65% |
1967 |
$0.76B |
31.08% |
1966 |
$0.99B |
41.33% |
1965 |
$0.94B |
44.59% |