Overview In 2019 Kuwait was the number 57 economy in the world in terms of GDP (current US$), the number 49 in total exports, the number 65 in total imports,
the number 31 economy in terms of GDP per capita (current US$) and the number 63 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of Kuwait are Crude Petroleum ($41.7B), Refined Petroleum ($6.36B), Planes, Helicopters, and/or Spacecraft ($2.41B), Petroleum Gas ($2.16B), and Cyclic Hydrocarbons ($863M), exporting mostly to China ($12.1B), South Korea ($9.58B), India ($8.81B), Japan ($6.12B), and Chinese Taipei ($3.83B).
In 2019, Kuwait was the world's biggest exporter of Sulfonated, Nitrated or Nitrosated Hydrocarbons ($787M)
Imports The top imports of Kuwait are Cars ($3.17B), Broadcasting Equipment ($917M), Petroleum Gas ($779M), Packaged Medicaments ($699M), and Jewellery ($617M), importing mostly from China ($4.76B), United Arab Emirates ($3.83B), United States ($3.23B), Saudi Arabia ($1.98B), and Japan ($1.86B).
In 2019, Kuwait was the world's biggest importer of Metallic Fabric ($3.64M)
Location Kuwait borders Iraq and Saudi Arabia by land and Iran by sea.