Exports of goods and services in Kuwait
Kuwait: Exports of goods and services was 25.04 billion constant LCU 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 LCU.
Analysis
In 2024, exports of goods and services in Kuwait stood at 25.04 billion constant LCU.
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 27.14 billion constant LCU in 2012 and was at its lowest, 21.92 billion constant LCU, in 2021.
That places Kuwait 136th out of 178 countries with data for 2024, putting it in the bottom quarter.
Exports of goods and services in Kuwait, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2010 | 22.05 billion constant LCU | — |
| 2011 | 25.20 billion constant LCU | +14.3% |
| 2012 | 27.14 billion constant LCU | +7.7% |
| 2013 | 26.32 billion constant LCU | -3.0% |
| 2014 | 26.42 billion constant LCU | +0.4% |
| 2015 | 26.19 billion constant LCU | -0.9% |
| 2016 | 26.84 billion constant LCU | +2.5% |
| 2017 | 25.56 billion constant LCU | -4.8% |
| 2018 | 25.48 billion constant LCU | -0.3% |
| 2019 | 23.31 billion constant LCU | -8.5% |
| 2020 | 22.64 billion constant LCU | -2.9% |
| 2021 | 21.92 billion constant LCU | -3.2% |
| 2022 | 25.27 billion constant LCU | +15.3% |
| 2023 | 25.86 billion constant LCU | +2.4% |
| 2024 | 25.04 billion constant LCU | -3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 25.45 billion constant LCU | 22.05 billion constant LCU | 27.14 billion constant LCU | 10 |
| 2020s | 24.15 billion constant LCU | 21.92 billion constant LCU | 25.86 billion constant LCU | 5 |
Countries ranked near Kuwait
- 133 Cyprus 31.99 billion constant LCU compare
- 134 Haiti 27.39 billion constant LCU compare
- 135 Malta 25.45 billion constant LCU compare
- 137 Sierra Leone 24.45 billion constant LCU compare
- 138 Azerbaijan 24.03 billion constant LCU compare
- 139 Seychelles 23.55 billion constant LCU 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 25.04 billion constant LCU 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 27.14 billion constant LCU in 2012.
- What is the lowest exports of goods and services recorded in Kuwait?
- The lowest recorded value was 21.92 billion constant LCU in 2021.
- How does Kuwait rank for exports of goods and services?
- Kuwait ranks 136th out of 178 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 LCU). 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 varies by country. This series is expressed in local currency units.