Net trade in goods in Kuwait
Kuwait: Net trade in goods was 33.18 billion BoP, current US$ in 2025. ◆ Volatile
Net trade in goods in Kuwait, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, net trade in goods in Kuwait stood at 33.18 billion BoP, current US$.
The figure is down 24.7% on the previous year and up 18.5% over ten years.
Over the whole period, net trade in goods in Kuwait peaked at 95.40 billion BoP, current US$ in 2012 and was at its lowest, -688.90 million BoP, current US$, in 1992.
That places Kuwait 18th out of 198 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.28 billion BoP, current US$ | 4.83 billion BoP, current US$ | 13.24 billion BoP, current US$ | 5 |
| 1980s | 5.29 billion BoP, current US$ | 1.71 billion BoP, current US$ | 13.88 billion BoP, current US$ | 10 |
| 1990s | 4.22 billion BoP, current US$ | -688.90 million BoP, current US$ | 7.00 billion BoP, current US$ | 8 |
| 2000s | 27.09 billion BoP, current US$ | 7.25 billion BoP, current US$ | 64.00 billion BoP, current US$ | 10 |
| 2010s | 54.56 billion BoP, current US$ | 20.05 billion BoP, current US$ | 95.40 billion BoP, current US$ | 10 |
| 2020s | 42.71 billion BoP, current US$ | 15.41 billion BoP, current US$ | 71.95 billion BoP, current US$ | 6 |
Countries ranked near Kuwait
More economy & growth data for Kuwait
- External balance on goods and services as a percent of GDP 17.5% (2024)
- Inflation of consumer prices 2.4% (2025)
- GDP per capita 24,963 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 7.7% (2025)
- Gross domestic product (GDP) 121.45 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 24,963 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.3065 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -4.47 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -14.57 billion current US$ (2024)
- Taxes less subsidies on products -3.61 billion current LCU (2025)
Frequently asked questions
- What is net trade in goods in Kuwait?
- Net trade in goods in Kuwait was 33.18 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods recorded in Kuwait?
- The highest recorded value was 95.40 billion BoP, current US$ in 2012.
- What is the lowest net trade in goods recorded in Kuwait?
- The lowest recorded value was -688.90 million BoP, current US$ in 1992.
- How does Kuwait rank for net trade in goods?
- Kuwait ranks 18th out of 198 countries with data for 2025.
- Is net trade in goods rising or falling in Kuwait?
- Over the last ten years it is up 18.5%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods is the difference between the exports and imports of goods. 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.