Merchandise imports by the reporting economy in Kuwait

Kuwait: Merchandise imports by the reporting economy was 37.45 billion current US$ in 2023. ◆ Volatile

Latest (2023)
37.45 billion current US$
Change on year
up 4.3%
World rank
66th
of 204 countries
All-time high
37.45 billion current US$
in 2023
All-time low
274.80 million current US$
in 1963
Years of data
60
1963–2023

Merchandise imports by the reporting economy in Kuwait, 1963–2023

010.0B20.0B30.0B40.0B196319932023

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

Analysis

In 2023, merchandise imports by the reporting economy in Kuwait stood at 37.45 billion current US$. That is the highest value across all 60 years on record.

That represents a change of up 4.3% on the previous year and up 26.4% over ten years.

Over the whole period, merchandise imports by the reporting economy in Kuwait peaked at 37.45 billion current US$ in 2023 and was at its lowest, 274.80 million current US$, in 1963.

Kuwait ranks 66th of 204 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.

Averages by decade

DecadeAverage LowestHighest Years
1960s 463.73 million current US$ 274.80 million current US$ 622.60 million current US$ 6
1970s 2.40 billion current US$ 597.10 million current US$ 4.96 billion current US$ 10
1980s 6.40 billion current US$ 5.39 billion current US$ 8.02 billion current US$ 10
1990s 6.60 billion current US$ 3.06 billion current US$ 8.62 billion current US$ 10
2000s 14.86 billion current US$ 7.16 billion current US$ 25.99 billion current US$ 10
2010s 30.72 billion current US$ 22.67 billion current US$ 35.56 billion current US$ 10
2020s 31.54 billion current US$ 20.98 billion current US$ 37.45 billion current US$ 4

Countries ranked near Kuwait

  1. 63 Algeria 42.56 billion current US$ compare
  2. 64 Serbia 39.76 billion current US$ compare
  3. 65 Oman 38.70 billion current US$ compare
  4. 67 Uzbekistan 35.99 billion current US$ compare
  5. 68 Ecuador 30.90 billion current US$ compare
  6. 69 Qatar 30.54 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 imports by the reporting economy in Kuwait?
Merchandise imports by the reporting economy in Kuwait was 37.45 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise imports by the reporting economy recorded in Kuwait?
The highest recorded value was 37.45 billion current US$ in 2023.
What is the lowest merchandise imports by the reporting economy recorded in Kuwait?
The lowest recorded value was 274.80 million current US$ in 1963.
How does Kuwait rank for merchandise imports by the reporting economy?
Kuwait ranks 66th out of 204 countries with data for 2023.
Is merchandise imports by the reporting economy rising or falling in Kuwait?
Over the last ten years it is up 26.4%. 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 imports by the reporting economy (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 60 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Merchandise imports 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, 13,499 data points, 1960–2023
Last refreshed

Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.