Trade Balance in Kuwait
Kuwait - Trade BalanceThe economy appears poised to have gained some steam in Q3, as oil production finally started ramping up following the rise in OPEC production targets in June and ahead of imminent U.S. sanctions on Iran on 4 November. This effect was further supported by higher oil prices in the quarter, which should have buttressed the fiscal position and aided the government’s ongoing economic diversification efforts. The non-oil economy likely remained on a solid footing, thanks in good part to fiscal support measures.
Kuwait - Trade Balance Data
|Trade Balance (USD billion)||89.6||78.3||27.8||20.1||23.5|
5 years of economic forecasts for more than 30 economic indicators.
Kuwait Trade Balance Chart
Source: Central Bank of Kuwait.
|Exchange Rate||0.30||-0.05 %||Nov 13|
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