Merchandise exports by the reporting economy in Kuwait

Kuwait: Merchandise exports by the reporting economy was 5.92 billion current US$ in 2023. ◆ Volatile

Latest (2023)
5.92 billion current US$
Change on year
down 5.1%
World rank
114th
of 204 countries
All-time high
19.19 billion current US$
in 1980
All-time low
723.33 million current US$
in 1995
Years of data
51
1973–2023

Merchandise exports by the reporting economy in Kuwait, 1973–2023

05.0B10.0B15.0B20.0B197319982023

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

In 2023, merchandise exports by the reporting economy in Kuwait stood at 5.92 billion current US$.

That represents a change of down 5.1% on the previous year and down 37.9% over ten years.

Over the whole period, merchandise exports by the reporting economy in Kuwait peaked at 19.19 billion current US$ in 1980 and was at its lowest, 723.33 million current US$, in 1995.

That places Kuwait 114th out of 204 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 9.48 billion current US$ 3.23 billion current US$ 17.15 billion current US$ 7
1980s 10.86 billion current US$ 6.62 billion current US$ 19.19 billion current US$ 10
1990s 8.31 billion current US$ 723.33 million current US$ 14.47 billion current US$ 10
2000s 2.68 billion current US$ 1.43 billion current US$ 5.37 billion current US$ 10
2010s 6.93 billion current US$ 4.66 billion current US$ 9.72 billion current US$ 10
2020s 5.41 billion current US$ 4.16 billion current US$ 6.24 billion current US$ 4

Countries ranked near Kuwait

  1. 111 Georgia 6.09 billion current US$ compare
  2. 112 Uganda 6.01 billion current US$ compare
  3. 113 Honduras 5.94 billion current US$ compare
  4. 115 Namibia 5.68 billion current US$ compare
  5. 116 Botswana 5.08 billion current US$ compare
  6. 117 Senegal 5.05 billion current US$ compare

See the full ranking of 252 places →

More private sector data for Kuwait

All data for Kuwait →

Frequently asked questions

What is merchandise exports by the reporting economy in Kuwait?
Merchandise exports by the reporting economy in Kuwait was 5.92 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise exports by the reporting economy recorded in Kuwait?
The highest recorded value was 19.19 billion current US$ in 1980.
What is the lowest merchandise exports by the reporting economy recorded in Kuwait?
The lowest recorded value was 723.33 million current US$ in 1995.
How does Kuwait rank for merchandise exports by the reporting economy?
Kuwait ranks 114th out of 204 countries with data for 2023.
Is merchandise exports by the reporting economy rising or falling in Kuwait?
Over the last ten years it is down 37.9%. The long-run trend across the full record is volatile.
Where does this Kuwait data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Merchandise exports by the reporting economy (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 13,472 data points, 1960–2023
Last refreshed

Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.