Kuwait: Foreign Trade Statistics Report, January-March 2017

Transcription

1. State of Kuwait Central Statistical Bureau News Release Foreign Trade Statistics , January-March 2017 07/06/2017 Exports increased 55.2% in 2017 January - March According to the provisional foreign trade statistics results, in January-March 2017; exports were 4,165 Million KD with a 55.2% increase and imports were 2,539 Million KD with a 10.9% increase compared with January-March 2016. In January-March 2017, balance of trade was 1,625 Million KD while it was 392 Million KD in January-March 2016 with a 314.2% increase. In the same period, volume of trade increased 34.8% compared with the first quarter of 2016. Trade of volume was 6,704 Million KD in January-March 2017 while it was 4,974 Million KD in January-March 2016. Coverage rate was 164.0% in January-March 2017, while it was 117.1% in January-March 2016. In the first quarter of 2017, Coverage rate (excluding oil) was 17.7% while it was 14.6% in the first quarter of 2016. Foreign Trade Statistics, January-March, 2017 Value in Million KD Exports Imports Balance Volume Coverage Period Value Change % Value Change % Value Change % Value Change % % January-March 2016 2,683 2,291 392 4,974 117.1 2017 4,165 55.2 2,539 10.9 1,625 314.2 6,704 34.8 164.0 January February March Page |1 2016 2017 797 1,437 80.4 773 892 15.5 24 545 2,149.4 1,569 2,329 48.4 103.1 161.1 2016 2017 797 1,316 65.1 690 751 8.8 107 565 427.3 1,487 2,066 39.0 115.5 175.2 2016 2017 1,089 1,412 29.7 828 897 8.3 261 516 97.6 1,918 2,309 20.4 131.5 157.5
2. State of Kuwait Central Statistical Bureau News Release Foreign Trade Statistics , January-March 2017 07/06/2017 Mineral fuels and oil were forefront in exports according to chapters For January-March 2017, the top categories for exports were “Mineral fuels and oils” (3,716 Million KD) with share of 89.2% and then “Organic chemicals” (108.7 Million KD) 2.6%, “Plastics and Articles Thereof” (83.2 Million KD) 2.0%. Boilers, Machinery and Mechanical Appliances were forefront in imports At the same period, “Boilers, Machinery and Mechanical Appliances; Parts Thereof” has by far the highest value imported at (386.7 Million KD) with share of 15.2% and then, “Electrical Machinery and Equipment and Parts Thereof; Sound Recorders and Reproducers, Television Image and Sound Recorders and Reproducers, and Parts and Accessories of such Articles” (344.6 Million KD) 13.6%, “Vehicles other than railway or tramway rolling-stock, parts thereof” (311 Million KD) 12.2%. Page |2
3. State of Kuwait Central Statistical Bureau News Release Foreign Trade Statistics , January-March 2017 07/06/2017 India was the main partner countries in non-oil exports In January-March 2017, the main partner country for non-oil exports was India with (74 Million KD). For exports, India was followed by Saudi Arabia (54.1 Million KD), China (46.1 Million KD) and Iraq (45.3 Million KD). The top country for Kuwait’s imports was China (392.5 Million KD), records for imports range from United States of America (279.8 Million KD), UAE (222.4 Million KD), and Germany (173.3 Million KD) Exports to GCC countries decreased by 5.8% As compared with the same quarter of the previous year, exports to the GCC countries were 126.8 Million KD, while it was 134.6 Million KD, and decreased by 5.8%. The share of the GCC countries was 3.0% in January-March 2017 while it was also 5.0% in January-March 2016. The share of Industrial supplies in imports was 26% During the same period, 26.0% of imports products were Industrial supplies. As compared with the same period of the previous year; Industrial supplies increased 20.5% and Capital goods increased by 25.1% while Food and beverages decreased by 2%. Issued By Statistical Affairs Sector For further information on data: Foreign Trade Department Tel: +965 2242 8200/1960 or 1454 Issued by: Department of Press and Publication Tel:+965 2242 6760 halazmi@csb.gov.kw info@csb.gov.kw http://www.csb.gov.kw Page |3