Exports of goods and services in Kuwait
Kuwait: Exports of goods and services was 89.71 billion current US$ in 2024. ◆ Volatile
Latest (2024)
89.71 billion current US$
Change on year
down 6.0%
World rank
52nd
of 192 countries
All-time high
130.07 billion current US$
in 2012
All-time low
1.42 billion current US$
in 1965
Years of data
60
1965–2024
Exports of goods and services in Kuwait, 1965–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Kuwait recorded 89.71 billion current US$ for exports of goods and services in 2024.
The figure is down 6.0% on the previous year and down 19.5% over ten years.
Over the whole period, exports of goods and services in Kuwait peaked at 130.07 billion current US$ in 2012 and was at its lowest, 1.42 billion current US$, in 1965.
Kuwait ranks 52nd of 192 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and services in Kuwait, year by year
| Year | current US$ | Change |
|---|---|---|
| 1965 | 1.42 billion current US$ | — |
| 1966 | 1.57 billion current US$ | +10.7% |
| 1967 | 1.45 billion current US$ | -7.5% |
| 1968 | 1.64 billion current US$ | +13.1% |
| 1969 | 1.76 billion current US$ | +7.0% |
| 1970 | 1.72 billion current US$ | -2.2% |
| 1971 | 2.57 billion current US$ | +49.8% |
| 1972 | 3.05 billion current US$ | +18.6% |
| 1973 | 3.89 billion current US$ | +27.4% |
| 1974 | 11.05 billion current US$ | +184.0% |
| 1975 | 9.67 billion current US$ | -12.5% |
| 1976 | 10.23 billion current US$ | +5.8% |
| 1977 | 10.18 billion current US$ | -0.5% |
| 1978 | 10.94 billion current US$ | +7.4% |
| 1979 | 19.30 billion current US$ | +76.5% |
| 1980 | 22.44 billion current US$ | +16.3% |
| 1981 | 17.41 billion current US$ | -22.4% |
| 1982 | 11.76 billion current US$ | -32.5% |
| 1983 | 12.34 billion current US$ | +4.9% |
| 1984 | 13.04 billion current US$ | +5.7% |
| 1985 | 11.51 billion current US$ | -11.8% |
| 1986 | 8.27 billion current US$ | -28.2% |
| 1987 | 11.75 billion current US$ | +42.1% |
| 1988 | 9.84 billion current US$ | -16.3% |
| 1989 | 12.74 billion current US$ | +29.5% |
| 1990 | 8.28 billion current US$ | -35.0% |
| 1991 | 1.86 billion current US$ | -77.5% |
| 1992 | 8.04 billion current US$ | +331.9% |
| 1993 | 11.44 billion current US$ | +42.3% |
| 1994 | 12.64 billion current US$ | +10.5% |
| 1995 | 14.23 billion current US$ | +12.6% |
| 1996 | 16.47 billion current US$ | +15.7% |
| 1997 | 16.04 billion current US$ | -2.6% |
| 1998 | 11.38 billion current US$ | -29.1% |
| 1999 | 13.84 billion current US$ | +21.6% |
| 2000 | 21.30 billion current US$ | +53.9% |
| 2001 | 17.90 billion current US$ | -16.0% |
| 2002 | 17.01 billion current US$ | -5.0% |
| 2003 | 24.94 billion current US$ | +46.6% |
| 2004 | 33.83 billion current US$ | +35.7% |
| 2005 | 51.69 billion current US$ | +52.8% |
| 2006 | 66.57 billion current US$ | +28.8% |
| 2007 | 72.70 billion current US$ | +9.2% |
| 2008 | 98.39 billion current US$ | +35.3% |
| 2009 | 62.98 billion current US$ | -36.0% |
| 2010 | 76.95 billion current US$ | +22.2% |
| 2011 | 112.78 billion current US$ | +46.6% |
| 2012 | 130.07 billion current US$ | +15.3% |
| 2013 | 123.42 billion current US$ | -5.1% |
| 2014 | 111.42 billion current US$ | -9.7% |
| 2015 | 61.61 billion current US$ | -44.7% |
| 2016 | 52.11 billion current US$ | -15.4% |
| 2017 | 61.79 billion current US$ | +18.6% |
| 2018 | 79.46 billion current US$ | +28.6% |
| 2019 | 73.33 billion current US$ | -7.7% |
| 2020 | 48.54 billion current US$ | -33.8% |
| 2021 | 76.74 billion current US$ | +58.1% |
| 2022 | 110.92 billion current US$ | +44.6% |
| 2023 | 95.48 billion current US$ | -13.9% |
| 2024 | 89.71 billion current US$ | -6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.57 billion current US$ | 1.42 billion current US$ | 1.76 billion current US$ | 5 |
| 1970s | 8.26 billion current US$ | 1.72 billion current US$ | 19.30 billion current US$ | 10 |
| 1980s | 13.11 billion current US$ | 8.27 billion current US$ | 22.44 billion current US$ | 10 |
| 1990s | 11.42 billion current US$ | 1.86 billion current US$ | 16.47 billion current US$ | 10 |
| 2000s | 46.73 billion current US$ | 17.01 billion current US$ | 98.39 billion current US$ | 10 |
| 2010s | 88.29 billion current US$ | 52.11 billion current US$ | 130.07 billion current US$ | 10 |
| 2020s | 84.28 billion current US$ | 48.54 billion current US$ | 110.92 billion current US$ | 5 |
Countries ranked near Kuwait
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)
- Gross domestic savings (current US$), annual growth rate -14.56 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.3262 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), per capita 10,719 current US$ per person (2024)
- Gross domestic savings (current LCU), annual growth rate -14.7 % change on previous year (2024)
- Gross domestic savings (current LCU), per unit of GDP 0.1001 current LCU per US$ of GDP (2024)
- Gross domestic savings (current LCU), per capita 3,287 current LCU per person (2024)
- GNI, Atlas method (current US$), annual growth rate -1.33 % change on previous year (2024)
- GNI, Atlas method (current US$), per unit of GDP 1.25 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is exports of goods and services in Kuwait?
- Exports of goods and services in Kuwait was 89.71 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest exports of goods and services recorded in Kuwait?
- The highest recorded value was 130.07 billion current US$ in 2012.
- What is the lowest exports of goods and services recorded in Kuwait?
- The lowest recorded value was 1.42 billion current US$ in 1965.
- How does Kuwait rank for exports of goods and services?
- Kuwait ranks 52nd out of 192 countries with data for 2024.
- Is exports of goods and services rising or falling in Kuwait?
- Over the last ten years it is down 19.5%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Exports of goods and services (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.