Exports of goods and services in Kuwait
Kuwait: Exports of goods and services was 58.89 billion constant 2015 US$ in 2024. ▬ Flat
Exports of goods and services in Kuwait, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for exports of goods and services in Kuwait is 58.89 billion constant 2015 US$, measured in 2024.
Compared with earlier readings it is down 3.2% on the previous year and down 5.2% over ten years.
Over the whole period, exports of goods and services in Kuwait peaked at 63.83 billion constant 2015 US$ in 2012 and was at its lowest, 51.56 billion constant 2015 US$, in 2021.
Kuwait ranks 52nd of 171 countries on this measure, in the middle of the range.
Exports of goods and services in Kuwait, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2010 | 51.88 billion constant 2015 US$ | — |
| 2011 | 59.28 billion constant 2015 US$ | +14.3% |
| 2012 | 63.83 billion constant 2015 US$ | +7.7% |
| 2013 | 61.92 billion constant 2015 US$ | -3.0% |
| 2014 | 62.15 billion constant 2015 US$ | +0.4% |
| 2015 | 61.61 billion constant 2015 US$ | -0.9% |
| 2016 | 63.12 billion constant 2015 US$ | +2.5% |
| 2017 | 60.12 billion constant 2015 US$ | -4.8% |
| 2018 | 59.93 billion constant 2015 US$ | -0.3% |
| 2019 | 54.84 billion constant 2015 US$ | -8.5% |
| 2020 | 53.25 billion constant 2015 US$ | -2.9% |
| 2021 | 51.56 billion constant 2015 US$ | -3.2% |
| 2022 | 59.44 billion constant 2015 US$ | +15.3% |
| 2023 | 60.84 billion constant 2015 US$ | +2.4% |
| 2024 | 58.89 billion constant 2015 US$ | -3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 59.87 billion constant 2015 US$ | 51.88 billion constant 2015 US$ | 63.83 billion constant 2015 US$ | 10 |
| 2020s | 56.80 billion constant 2015 US$ | 51.56 billion constant 2015 US$ | 60.84 billion constant 2015 US$ | 5 |
Countries ranked near Kuwait
- 49 Iraq 61.59 billion constant 2015 US$ compare
- 50 Kazakhstan 61.56 billion constant 2015 US$ compare
- 51 Peru 60.29 billion constant 2015 US$ compare
- 53 Morocco 58.73 billion constant 2015 US$ compare
- 54 Lithuania 54.32 billion constant 2015 US$ compare
- 55 New Zealand 53.35 billion constant 2015 US$ compare
More economy & growth data for Kuwait
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.61 Percent per annum (2029)
- Industry (including construction), value added (constant 2015 US$) 2.22 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.3969 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 12,824 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 2.22 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.1663 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 5,373 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 4.66 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5962 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is exports of goods and services in Kuwait?
- Exports of goods and services in Kuwait was 58.89 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest exports of goods and services recorded in Kuwait?
- The highest recorded value was 63.83 billion constant 2015 US$ in 2012.
- What is the lowest exports of goods and services recorded in Kuwait?
- The lowest recorded value was 51.56 billion constant 2015 US$ in 2021.
- How does Kuwait rank for exports of goods and services?
- Kuwait ranks 52nd out of 171 countries with data for 2024.
- Is exports of goods and services rising or falling in Kuwait?
- Over the last ten years it is down 5.2%. The long-run trend across the full record is flat.
- Where does this Kuwait data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Exports of goods and services (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.