Exports of goods and services in Kuwait
Kuwait: Exports of goods and services was 27.51 billion current LCU in 2024. ◆ Volatile
Exports of goods and services in Kuwait, 1965–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for exports of goods and services in Kuwait is 27.51 billion current LCU, measured in 2024.
That represents a change of down 6.2% on the previous year and down 13.2% over ten years.
Over the whole period, exports of goods and services in Kuwait peaked at 36.41 billion current LCU in 2012 and was at its lowest, 507.00 million current LCU, in 1965.
Kuwait ranks 151st of 192 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 560.40 million current LCU | 507.00 million current LCU | 628.00 million current LCU | 5 |
| 1970s | 2.40 billion current LCU | 613.90 million current LCU | 5.33 billion current LCU | 10 |
| 1980s | 3.74 billion current LCU | 2.40 billion current LCU | 6.07 billion current LCU | 10 |
| 1990s | 3.42 billion current LCU | 529.00 million current LCU | 4.93 billion current LCU | 10 |
| 2000s | 13.42 billion current LCU | 5.17 billion current LCU | 26.45 billion current LCU | 10 |
| 2010s | 25.56 billion current LCU | 15.75 billion current LCU | 36.41 billion current LCU | 10 |
| 2020s | 25.77 billion current LCU | 14.87 billion current LCU | 33.97 billion current LCU | 5 |
Countries ranked near Kuwait
More economy & growth data for Kuwait
- 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)
- Taxes less subsidies on products -11.79 billion current US$ (2025)
- Net primary income (Net income from abroad) 10.15 billion current LCU (2024)
- Net primary income (Net income from abroad) 33.08 billion current US$ (2024)
- GNI per capita 12,148 current LCU (2024)
- GNI per capita, Atlas method 41,110 current US$ (2024)
- GNI 59.49 billion current LCU (2024)
Frequently asked questions
- What is exports of goods and services in Kuwait?
- Exports of goods and services in Kuwait was 27.51 billion current 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 36.41 billion current LCU in 2012.
- What is the lowest exports of goods and services recorded in Kuwait?
- The lowest recorded value was 507.00 million current LCU in 1965.
- How does Kuwait rank for exports of goods and services?
- Kuwait ranks 151st 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 13.2%. 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 Organizations and/or Central Banks, published as part of Exports of goods and services (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.