🇰🇼 Kuwait exports of petroleum residue: 2024 trade data
Kuwait exported $306.4 million of petroleum residue in 2024 (1.29 million tonnes). Its share of world exports was 1%. That is 36% less than in 2023. Over 2017-2024 the trade grew strongly, by about 23% a year on average. The peak in this period was 2022, at $659.6 million.
Public statistics, latest reported year 2024. Values in US dollars.
Exports of petroleum residue by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $306.4M | 1.29M t |
| 2023 | $481.0M | 1.58M t |
| 2022 | $659.6M | 1.25M t |
| 2021 | $312.3M | 1.14M t |
| 2020 | $161.8M | 825.0K t |
| 2019 | $159.6M | 689.6K t |
| 2018 | $178.8M | 640.7K t |
| 2017 | $70.1M | 326.3K t |
Where Kuwait exports petroleum residue to
The largest buyer markets were India (27%), Bahrain (27%), China (20%). Among the main buyer markets, China grew fastest (+97% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇮🇳 India | $83.4M | 27% |
| 🇧🇭 Bahrain | $81.7M | 27% |
| 🇨🇳 China | $60.5M | 20% |
| 🇮🇩 Indonesia | $22.7M | 7.4% |
| 🇶🇦 Qatar | $18.8M | 6.1% |
| 🇪🇬 Egypt | $14.6M | 4.8% |
| 🇳🇿 New Zealand | $10.5M | 3.4% |
| 🇺🇸 United States | $6.4M | 2.1% |
| 🇸🇦 Saudi Arabia | $5.8M | 1.9% |
| 🇰🇪 Kenya | $2.2M | 0.7% |
Types of petroleum residue under HS 2713
| 2713.11 | Petroleum coke: (not calcined), obtained from bituminous minerals | 73% |
| 2713.12 | Petroleum coke: calcined, obtained from bituminous minerals | 27% |
| 2713.20 | Petroleum bitumen: obtained from bituminous minerals | 0.7% |
| 2713.90 | Residues: of petroleum oils or of oils obtained from bituminous minerals | 0% |
Codes and full descriptions: HS heading 2713.
Average export price of petroleum residue
The average declared value was about $0.24 per kg, close to the world average of $0.25.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Kuwait also imports petroleum residue
Kuwait imported $18.6 million of petroleum residue in 2024 (102.3 thousand tonnes). United States alone supplied 71% of it. Among the main suppliers, Brazil grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| 🇺🇸 United States | $13.2M | 71% |
| 🇧🇷 Brazil | $4.2M | 23% |
| 🇮🇳 India | $1.1M | 6.1% |
| 🇨🇳 China | $17K | 0.1% |
| 🇨🇭 Switzerland | $4K | 0% |
| 🇿🇦 South Africa | $0K | 0% |
Who is behind these numbers in Kuwait?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Mirror data: built from the shipment records of the countries that trade with it.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2713: Petroleum coke, petroleum bitumen; other residues of petroleum oils or oils obtained from bituminous minerals.
Petroleum residue trade in Kuwait: questions
What is the value of petroleum residue imported by Kuwait?
Kuwait imported petroleum residue worth $18.6 million in 2024 (102.3 thousand tonnes).
Where does Kuwait import petroleum residue from?
The main supplier countries in 2024 were United States (71%), Brazil (23%), India (6%).
What is the average import price of petroleum residue in Kuwait?
The average declared import value was about $0.18 per kg in 2024, against a world average of $0.25 per kg.
Does Kuwait export petroleum residue?
Yes. Kuwait exported petroleum residue worth $306.4 million in 2024, mainly to India, Bahrain, China.
What is the HS code for petroleum residue?
Petroleum residue falls under HS heading 2713 (Petroleum coke, petroleum bitumen; other residues of petroleum oils or oils obtained from bituminous minerals). The six-digit codes under it split the product by type.
How can I find the companies trading petroleum residue with Kuwait?
These public statistics stop at country level. EximDataX builds Kuwait trade from the records of its trading partners, updated weekly, so you can see who ships this product there.
Petroleum residue trade in other countries
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