Imports in Kuwait

Kuwait Imports | Economic News & Forecasts

Kuwait - Imports

Economic growth likely gained traction in recent months following a relatively weak start to the year. Oil production in Kuwait hit a one-and-a-half year high in July following OPEC’s decision to ramp up production in order to keep the oil market adequately supplied. Moreover, despite peaking in late June, oil prices remain at high levels, boosting hydrocarbon activities. Improved economic conditions in the oil industry are also slowly feeding into the non-oil sector, with credit and M2 growth expanding at solid rates in June.

Kuwait - Imports Data

2013  2014  2015  2016  2017  
Imports (USD billion)25.4  27.3  26.4  26.4  31.5  

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Kuwait Imports Chart


Kuwait Imports
Note: Imports (USD billion)
Source: Central Bank of Kuwait.

Kuwait Facts

ValueChangeDate
Exchange Rate0.30-0.05 %Sep 20

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