Trade in goods with USA SITC (Standard International Trade Classification)
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Kuwait trade flows with USA by SITC*) product sections during 2020/3 - 2020/7

*) Standard International Trade Classification (classification system is maintained by the United Nations)


Share of USA's2020/3
%
2020/4
%
2020/5
%
2020/6
%
2020/7
%
Export0.20.20.10.10.1
Import0.00.00.00.00.1
Trade in Goods0.10.10.00.10.1

USA's foreign trade with Kuwait, exports to Kuwait and imports from Kuwait in Juli 2020


The text of the following analysis is produced by a computer program. The program is a test version and its rule base at this stage is still quite limited.

In Juli Kuwait was USA's 63. largest foreign trade partner. Decrease from the previous month was 10 places. $272 million worth of trade was 0.7 per cent lower than in Juli of the previous year. In Juli the trade balance with Kuwait was $22 million in deficit for United States of America.

The value of imports from Kuwait was 120.6 per cent higher than in Juli of the previous year, thus amounting to $147 million. More than half of the value of imports was in Sitc333 (petroleum oils and oils obtained from bituminous minerals, crude) representing a share of 59.5 per cent. Other major categories of imports were Sitc334 (petroleum oils and oils obtained from bituminous minerals (other than crude); preparations, n.e.s., containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the prepar), 35.1 per cent of imports and Sitc931 (special transactions and commodities not classified according to kind) 5.3 %.

The value of exports to Kuwait amounted to more than a third lower relative to the previous year's Juli, thus amounting to $125 million in Juli 2020. The largest product groups of exports were: Sitc874 (measuring, checking, analysing and controlling instruments and apparatus, n.e.s.), which represented a share of 16.9 per cent of total exports, Sitc781 (motor cars and other motor vehicles principally designed for the transport of persons (other than motor vehicles for the transport of ten or more persons, including the driver), including station-wagons and racing cars) 11.6 % and Sitc782 (motor vehicles for the transport of goods and special-purpose motor vehicles) 6.6 % of the exports.

Development during January-Juli 2020

During January-Juli, trade in goods between the two countries declined sharply (-39.5 %) over the same period last year. The value of the trade was $1.7 billion. During January-Juli the value of imports was $489 million. The export value was $1.2 billion. Compared to the corresponding period in 2019, the value of both imports and exports decreased significantly. The decline in imports was -54.6 % and in the value of exports -30.2 %. The largest value in imports was in Sitc333 (petroleum oils and oils obtained from bituminous minerals, crude), worth $308 million. In export the largest value had Sitc874 (measuring, checking, analysing and controlling instruments and apparatus, n.e.s.), worth being $152 million. The trade balance between USA and Kuwaitin between January and Juli was in surplus for USA. The timing surplus was $730 million.


Table: USA's export to Kuwait (KW) during 2020/3 - 2020/7

2020 / 32020 / 42020 / 52020 / 62020 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 20,9 6.4 14,6 8.7 12,2 13.8 10,3 8.2 12,4 9.8
01. Meat and meat preparations 4,2 1.3 2,3 1.3 1,7 1.9 0,2 0.2 0,7 0.5
02. Dairy products and birds' eggs 1,6 0.5 0,8 0.4 0,7 0.7 0,7 0.5 1,3 1.0
04. Cereals and cereal preparations 2,3 0.7 3,9 2.3 1,7 1.9 0,9 0.7 0,8 0.6
05. Vegetables and fruit 7,2 2.2 4,3 2.5 3,6 4.0 4,6 3.7 3,7 3.0
06. Sugars,sugar preparations and honey 0,4 0.1 0,2 0.1 0,5 0.5 0,3 0.2 0,6 0.5
07. Coffee,tea,cocoa,spices 0,4 0.1 0,4 0.2 0,4 0.5 0,3 0.2 0,8 0.6
08. Feeding stuff for animals 1,8 0.5 1,1 0.6 1,8 1.9 1,4 1.1 1,5 1.1
09. Miscellaneous edible products and preparations 2,10 0.9 1,9 1.1 2,1 2.3 1,7 1.4 3,4 2.6
2. Crude materials,inedible,except fuels 2,2 0.7 1,1 0.6 1,9 2.1 1,8 1.4 1,2 0.9
25. Pulp and waste paper 0,8 0.2 0,3 0.1 0,3 0.3 0,3 0.2 0,1 0.1
28. Metalliferous ores and metal scrap 0,6 0.2 0,5 0.2 1,0 1.1 1,2 0.9 0,9 0.7
29. Crude animal,vegetable materials n.e.s. 0,4 0.1 0,1 0.1 0,6 0.6 0,1 0.1 0,2 0.2
3. Mineral fuels etc 18,7 5.7 15,6 9.2 1,0 1.1 0,3 0.2 0,2 0.1
33. Petroleum and products 0,8 0.2 0,4 0.2 1,0 1.1 0,3 0.2 0,2 0.1
34. Gas,natural and manufactured 18,0 5.5 15,3 9.0 0 0.0 0 0.0 0 0.0
4. Animal and vegetable oils and fats 0,4 0.1 8,7 5.1 0,1 0.1 0,2 0.1 0,1 0.0
42. Fixed vegetable fats and oils 0,4 0.1 8,7 5.1 0,1 0.1 0,2 0.1 0,1 0.0
5. Chemicals and related products,n.e.s. 24,3 7.4 26,1 15.5 19,5 22.1 15,9 12.6 12,2 9.7
51. Organic chemicals 0,9 0.3 1,2 0.7 0,6 0.6 1,0 0.8 0,6 0.5
52. Inorganic chemicals 0,5 0.1 0,6 0.3 0,3 0.2 0,6 0.5 0,1 0.0
53. Dyeing,tanning and colouring material 1,0 0.3 0,4 0.2 0,4 0.4 0,2 0.1 0,1 0.0
54. Medicinal and pharmaceutical products 10,7 3.2 9,9 5.8 8,1 9.1 7,6 6.0 1,5 1.2
55. Perfume,cleaning etc.preparations 3,2 1.0 1,3 0.8 0,9 0.9 1,8 1.4 2,3 1.8
57. Plastics in primary forms 2,7 0.8 5,4 3.2 1,5 1.6 0,6 0.5 0,5 0.3
58. Plastics in non-primary forms 0,6 0.2 0,4 0.2 0,9 1.0 1,2 0.9 0,8 0.6
59. Chemical materials and products,n.e.s. 4,9 1.5 7,2 4.2 7,3 8.2 3,1 2.5 6,7 5.3
6. Basic manufactures 6,8 2.1 7,4 4.3 5,4 6.0 3,8 3.0 5,3 4.2
62. Rubber manufactures,n.e.s. 0,8 0.2 0,7 0.4 1,0 1.1 0,4 0.2 0,3 0.2
64. Paper,paperboard and articles thereof 0,9 0.3 0,2 0.1 0,2 0.2 0,3 0.2 0,7 0.6
65. Textile yarn,fabrics,made up articles,etc. 0,3 0.1 0,7 0.4 0,2 0.2 0,2 0.1 0,2 0.1
67. Iron and steel 0,5 0.1 0,4 0.2 0,3 0.3 0,3 0.2 0,6 0.5
69. Manufactures of metals,n.e.s. 3,8 1.1 4,9 2.9 3,4 3.9 2,4 1.9 3,1 2.4
7. Machinery,transport equipment 161,6 49.4 53,1 31.5 33,3 37.8 48,4 38.7 56,4 45.0
71. Power generating machinery and equipment 4,2 1.3 2,2 1.3 1,1 1.2 4,2 3.3 4,4 3.5
72. Machinery for specialized industries 5,5 1.7 5,5 3.2 2,4 2.6 4,5 3.5 3,6 2.9
74. General industrial machinery n.e.s. 16,3 5.0 10,8 6.4 9,6 10.9 10,3 8.2 6,3 5.0
75. Office machines and adp machines 1,9 0.6 1,2 0.7 1,6 1.8 1,5 1.2 5,1 4.1
76. Telecommunications and sound recording equipment 3,8 1.2 1,7 1.0 0,10 1.0 3,1 2.5 1,4 1.0
77. Electric machinery,n.e.s.and parts 10,4 3.2 8,2 4.8 5,9 6.7 7,1 5.6 9,1 7.3
78. Road vehicles 112,9 34.5 20,10 12.4 11,0 12.5 16,7 13.3 26,1 20.8
79. Other transport equipment 6,9 2.1 2,9 1.7 0,7 0.7 1,2 0.9 0,6 0.4
8. Miscellaneous manufactured articles 84,8 25.9 37,5 22.2 12,9 14.6 41,4 33.1 34,8 27.8
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 0,4 0.1 0,1 0.1 0,8 0.8 0,1 0.1 0,3 0.2
82. Furniture and parts thereof 1,0 0.3 1,9 1.1 0,10 1.1 1,10 1.5 1,2 0.9
84. Articles of apparel and clothing accessories 1,0 0.3 0,3 0.2 0,3 0.3 0,7 0.5 0,7 0.5
87. Instruments and apparates n.e.s. 78,7 24.1 20,5 12.1 8,8 9.9 34,6 27.7 29,9 23.9
89. Miscellaneous manufactured articles,n.e.s. 3,8 1.1 14,8 8.7 1,8 2.0 3,7 2.9 2,6 2.0
9. Goods not classified elsewhere 7,3 2.2 4,6 2.7 2,0 2.2 3,2 2.6 2,7 2.2
93. Special transactions and commodities not classified 0,8 0.2 1,3 0.7 0,3 0.3 0,7 0.5 0,4 0.3
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 6,4 1.9 3,3 2.0 1,7 1.9 2,6 2.0 2,4 1.9
0-9. All groups combined 326,8 100.0 168,4 100.0 88,1 100.0 125,0 100.0 125,2 100.0

Source: US Census Bureau

Table: Import from Kuwait (KW) to USA during 2020/3 - 2020/7

2020 / 32020 / 42020 / 52020 / 62020 / 7
million $%million $%million $%million $%million $%
2. Crude materials,inedible,except fuels 0 0.0 0 0.0 2,1 12.1 0,1 0.4 0 0.0
28. Metalliferous ores and metal scrap 0 0.0 0 0.0 2,1 12.1 0,1 0.4 0 0.0
3. Mineral fuels etc 43,9 79.1 0 0.0 0 0.0 13,9 59.5 138,8 94.6
33. Petroleum and products 43,9 79.1 0 0.0 0 0.0 13,9 59.5 138,8 94.6
5. Chemicals and related products,n.e.s. 3,10 7.1 4,0 47.8 0,6 3.5 0 0.0 0,1 0.0
51. Organic chemicals 0 0.0 4,0 47.6 0 0.0 0 0.0 0 0.0
59. Chemical materials and products,n.e.s. 3,10 7.1 0 0.0 0,2 1.1 0 0.0 0 0.0
9. Goods not classified elsewhere 7,5 13.4 3,9 46.6 13,10 84.3 8,10 38.2 7,9 5.3
93. Special transactions and commodities not classified 7,4 13.3 3,9 46.0 13,9 83.7 8,9 37.9 7,8 5.3
0-9. All groups combined 55,5 100.0 8,4 100.0 16,6 100.0 23,4 100.0 146,7 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2020 January - Juli (Sitc)

USA's Trade in Goods Start Page