Welcome to TradeFord.com, Join Free | Sign In

Kuwait B2B Marketplace

Find Kuwait Suppliers, Kuwait Manufacturers & Companies
offering quality Made in Kuwait Products!

Create FREE Company Website
Showcase Unlimited Products

Don't know your target market? Wanted to market your products globally? Join TradeFord.com to list your products online for Free and reach thousands of global buyers and importers.

Take 1 Minute to Post Your Products Now!

TradeFord.com is a growing Manufacturer Directory and B2B Marketplace connecting Global Importers, Exporters, Suppliers, Traders and Manufacturers at a reliable, common platform.

Take 1 Minute to Start Global Trade Now!

Let TradeFord.com match your sourcing needs with suitable suppliers, exporters and manufacturers. Just fill-out an RFQ form and start getting quotations only from suitable suppliers.

Take 1 Minute to Post Your Buying Need!

Economy of Kuwait

Kuwait, officially the State of Kuwait, is an Arab nation located in the Western Asia. Based in the northern region of Eastern Arabia at the landfill of Persian Gulf, it is connected with Iraq to the northern region and to Saudi Arabia to the south. The estimated GDP of Kuwait in terms of purchasing power parity (PPP) is $165.8 billion as of 2013, which is the 61st largest when compared to the rest of the countries. Kuwait is another constitutional monarchy and Kuwait City is its political and economic capital. Kuwait has a low unemployment rate courtesy of its steady and very sound administrative policies and better law and order situation. Kuwait is small in terms of geographical classifications, but very wealthy nation. Blessed with sheer reserves of oil that are about 102 billion barrels, the petroleum sector of is 95% of export revenue and prime source for the income of the country. Kuwait has more than 6% of world’s net oil reserves. The government officials are working hard to increase the overall oil production to around 4 million barrels per day by 2020. Some of the other notable industries of Kuwait include petrochemicals, cement, shipbuilding, water desalination, food processing and construction materials. The fiscal year of Kuwait instigates from 1 April and ends on 31 March.

Imports of Kuwait

The estimated import value of Kuwait is $24.42 billion as of 2013.The major import commodities of Kuwait include food, construction materials, vehicles, parts and clothing. A high volume of Kuwait’s imports comes from United States of America, while the other import partners of Kuwait include Saudi Arabia, Japan, South Korea, German, India and UAE.

Exports of Kuwait

Kuwait is the thirty-sixth largest exporter of the world. The estimated export value of Kuwait is $112 billion as per the facts and figures collected in the year 2013. The major export commodities of Kuwait include oil and refined products and fertilizers. The predominant export partners of Kuwait include Korea, India, Japan, United States of America, China and Singapore.

Join TradeFord's Kuwait B2B Marketplace and meet your new import export partners in Kuwait.
Capital
Kuwait City
Dialing Code
+965
Fiscal Year
01 April - 31 March
Currency
Kuwaiti Dinar (KWD)
GDP
$149,100,000,000
Exports
$94.47 billion (2011 est.) | Oil And Refined Products, Fertilizers
Imports
$22.41 billion (2011 est.) | Food, Construction Materials, Vehicles And Parts, Clothing
Industries
Petroleum, Petrochemicals, Cement, Shipbuilding And Repair, Water Desalination, Food Processing, Construction Materials