2024-03-05T10:02:31+00:00
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/ Information from the Kuwaiti Ministry of Commerce and Trade revealed a decline within the complete worth of Kuwaiti non-oil exports final 12 months, amounting to 237.822 million Kuwaiti dinars, a lower of 29.1% in comparison with the earlier 12 months, when its exports amounted to 386.3 million Kuwaiti dinars.
In line with commerce knowledge, “Kuwait exports its non-oil industrial merchandise to six teams, together with the Gulf, Arab, European, African, Asian, Australian, and American nations.”
The Gulf nations accounted for the lion’s share of Kuwaiti exports in 2023, at a price of 62.4%, at a worth of 171.01 million dinars, adopted by the Arab nations (Egypt, Iraq, Jordan, Lebanon, Palestine, Algeria, Morocco, Syria, Libya, and Yemen) at a price of 34.09 p.c, at a worth of 93.34 million dinars. Then got here the European nations by 2.8 p.c and a worth of seven.7 million dinars, the nations of the Americas by 0.3 p.c and a worth of 847 thousand dinars, the African nations by 0.2 p.c and a worth of 524 thousand dinars, and eventually the Asian nations and Australia by 0.11 p.c and a worth of 319 thousand dinars.
The trade price of the Kuwaiti dinar is $3.25.