Net trade in goods (BoP, current US$) in Kuwait
Kuwait: Net trade in goods (BoP, current US$) 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$, in 1992.
That places Kuwait 19th out of 200 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods (BoP, current US$) in Kuwait, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1975 | 6.09 billion BoP, current US$ | — |
| 1976 | 6.32 billion BoP, current US$ | +3.9% |
| 1977 | 4.83 billion BoP, current US$ | -23.6% |
| 1978 | 5.91 billion BoP, current US$ | +22.4% |
| 1979 | 13.24 billion BoP, current US$ | +124.2% |
| 1980 | 13.88 billion BoP, current US$ | +4.8% |
| 1981 | 9.29 billion BoP, current US$ | -33.1% |
| 1982 | 3.01 billion BoP, current US$ | -67.6% |
| 1983 | 4.58 billion BoP, current US$ | +52.4% |
| 1984 | 5.61 billion BoP, current US$ | +22.3% |
| 1985 | 4.65 billion BoP, current US$ | -17.0% |
| 1986 | 1.95 billion BoP, current US$ | -58.1% |
| 1987 | 3.28 billion BoP, current US$ | +68.3% |
| 1988 | 1.71 billion BoP, current US$ | -47.9% |
| 1989 | 4.99 billion BoP, current US$ | +191.7% |
| 1992 | -688.90 million BoP, current US$ | -113.8% |
| 1993 | 3.27 billion BoP, current US$ | -575.2% |
| 1994 | 4.65 billion BoP, current US$ | +42.2% |
| 1995 | 5.58 billion BoP, current US$ | +19.9% |
| 1996 | 7.00 billion BoP, current US$ | +25.4% |
| 1997 | 6.53 billion BoP, current US$ | -6.6% |
| 1998 | 1.90 billion BoP, current US$ | -70.9% |
| 1999 | 5.52 billion BoP, current US$ | +189.8% |
| 2000 | 13.03 billion BoP, current US$ | +136.2% |
| 2001 | 9.19 billion BoP, current US$ | -29.5% |
| 2002 | 7.25 billion BoP, current US$ | -21.1% |
| 2003 | 11.91 billion BoP, current US$ | +64.3% |
| 2004 | 16.60 billion BoP, current US$ | +39.3% |
| 2005 | 30.25 billion BoP, current US$ | +82.2% |
| 2006 | 40.21 billion BoP, current US$ | +32.9% |
| 2007 | 42.56 billion BoP, current US$ | +5.8% |
| 2008 | 64.00 billion BoP, current US$ | +50.4% |
| 2009 | 35.89 billion BoP, current US$ | -43.9% |
| 2010 | 47.56 billion BoP, current US$ | +32.5% |
| 2011 | 80.26 billion BoP, current US$ | +68.7% |
| 2012 | 95.40 billion BoP, current US$ | +18.9% |
| 2013 | 90.17 billion BoP, current US$ | -5.5% |
| 2014 | 77.41 billion BoP, current US$ | -14.2% |
| 2015 | 27.99 billion BoP, current US$ | -63.8% |
| 2016 | 20.05 billion BoP, current US$ | -28.4% |
| 2017 | 25.65 billion BoP, current US$ | +27.9% |
| 2018 | 45.71 billion BoP, current US$ | +78.2% |
| 2019 | 35.36 billion BoP, current US$ | -22.6% |
| 2020 | 15.41 billion BoP, current US$ | -56.4% |
| 2021 | 40.55 billion BoP, current US$ | +163.1% |
| 2022 | 71.95 billion BoP, current US$ | +77.4% |
| 2023 | 51.15 billion BoP, current US$ | -28.9% |
| 2024 | 44.05 billion BoP, current US$ | -13.9% |
| 2025 | 33.18 billion BoP, current US$ | -24.7% |
Kuwait compared with similar countries
- Kuwait's 33.18 billion BoP, current US$ is above the median for high income countries, which is -758.89 million BoP, current US$. (72 countries reporting)
- Kuwait's 33.18 billion BoP, current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is -4.22 billion BoP, current US$. (22 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods (BoP, current US$) in Kuwait changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +575.2% | -688.90 million BoP, current US$ | 3.27 billion BoP, current US$ |
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
- Real gdp growth, annual growth rate 10.23 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.56 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0284 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 916.14 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.517 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0207 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 668.96 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.97 % change on previous year (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 19th out of 200 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.