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Kuwait

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U.S.-Kuwait Trade Facts

Kuwait is currently our 40th largest goods trading partner with $15.2 billion in total (two way) goods trade during 2013. Goods exports totaled $2.6 billion; Goods imports totaled $12.6 billion. The U.S. goods trade deficit with Kuwait was $10.0 billion in 2013.

Exports

Kuwait was the United States' 54th largest goods export market in 2013.

U.S. goods exports to Kuwait in 2013 were $2.6 billion, down 3.3% ($89 million) from 2012, but up 72% from 2003.

The top export categories (2-digit HS) in 2013 were: Vehicles ($1.1 billion), Machinery ($340 million), Electrical Machinery ($136 million), Optic and Medical Instruments ($112 million), and Miscellaneous Chemical Products ($87 million). 

U.S. exports of agricultural products to Kuwait totaled $224 million in 2013. Leading categories include: vegetable oils (excluding soybean oil) ($41 million), snack foods ($26 million), beef and beef products ($26 million), and tree nuts ($16 million).

Imports

Kuwait was the United States' 28th largest supplier of goods imports in 2013.

U.S. goods imports from Kuwait totaled $12.6 billion in 2013, a 2.9% decrease ($384 million) from 2012, but up 455% from 2003. Nearly all of U.S. imports from Kuwait was in the mineral fuel category.

The five largest import categories in 2013 were: Mineral Fuel and Oil (crude) ($12.4 billion), Fertilizers ($148 million), Special Other (returns) ($28 million), Organic Chemicals ($11 million), and Perfumery, Cosmetic ($3 million).

U.S. imports of agricultural products from Kuwait totaled $300 thousand in 2013.

Trade Balance

The U.S. goods trade deficit with Kuwait was $10.0 billion in 2013, a 2.8% decrease ($295 million) over 2012.

Investment

U.S. foreign direct investment (FDI) in Kuwait (stock) was $331 million in 2012 (latest data available), up 109.5% from 2011.

There is no information on the distribution of U.S. FDI in Kuwait.

Kuwait FDI in the United States (stock) was not available in 2012. Kuwait FDI in the United States (stock) was $347 million in 2010 (latest data available), down 3.1% from 2009.

There is no information on the distribution of Kuwait FDI in the United States.


*NOTE: No services trade data with Kuwait is available.

4/29/14