Kuwait Trade Balance 1965-2021

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 2018 was $18.22B, a 231.67% increase from 2017.
  • Kuwait trade balance for 2017 was $5.49B, a 660.61% decline from 2016.
  • Kuwait trade balance for 2016 was $-0.98B, a 109.68% decline from 2015.
  • Kuwait trade balance for 2015 was $10.12B, a 83.17% decline from 2014.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Germany $243.72B
Ireland $126.82B
UAE $111.33B
Singapore $106.10B
Saudi Arabia $105.33B
Netherlands $96.37B
Switzerland $86.21B
South Korea $76.54B
Italy $50.00B
Spain $38.70B
Qatar $36.75B
Macao $27.31B
Luxembourg $25.54B
Norway $25.22B
Denmark $20.98B
Kuwait $18.22B
Poland $17.99B
Austria $14.89B
Czech Republic $14.79B
Puerto Rico $14.11B
Sweden $12.41B
Japan $11.56B
Oman $11.02B
Hungary $7.06B
Australia $5.46B
Slovenia $4.60B
Bahrain $2.91B
Israel $2.39B
Malta $2.30B
Slovak Republic $2.00B
Bermuda $1.84B
Brunei $1.35B
Uruguay $1.20B
Portugal $1.12B
Lithuania $0.99B
Estonia $0.79B
Iceland $0.78B
San Marino $0.39B
Cyprus $0.39B
Bahamas $0.13B
Barbados $0.08B
New Zealand $0.04B
Faroe Islands $0.04B
Antigua and Barbuda $0.04B
Northern Mariana Islands $-0.01B
Palau $-0.08B
Greenland $-0.13B
Seychelles $-0.22B
Latvia $-0.27B
Sint Maarten (Dutch part) $-0.44B
Croatia $-0.52B
Chile $-0.54B
Greece $-0.57B
Hong Kong $-0.77B
Belgium $-1.43B
Guam $-2.01B
Panama $-2.80B
Finland $-2.96B
Argentina $-10.02B
France $-29.02B
Canada $-33.62B
United Kingdom $-39.74B
United States $-609.46B
Kuwait Trade Balance - Historical Data
Year Billions of US $ % of GDP
2018 $18.22B 12.95%
2017 $5.49B 4.55%
2016 $-0.98B -0.90%
2015 $10.12B 8.83%
2014 $60.13B 36.98%
2013 $76.83B 44.12%
2012 $84.34B 48.45%
2011 $72.88B 47.31%
2010 $41.92B 36.32%
2009 $31.85B 30.06%
2008 $60.19B 40.84%
2007 $40.24B 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 $2.83B 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 $12.16B 49.15%
1978 $4.75B 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%