🇰🇼 Kuwait exports of refined petroleum products: 2024 trade data
In 2024, Kuwait exported refined petroleum products worth $23.70 billion (33.87 million tonnes). Its share of world exports was 3%. That is close to the 2023 level. Over 2017-2024 the trade grew strongly, by about 22% a year on average.
Public statistics, latest reported year 2024. Values in US dollars.
Exports of refined petroleum products by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $23.70B | 33.87M t |
| 2023 | $24.29B | 32.55M t |
| 2022 | $20.76B | 20.26M t |
| 2021 | $8.14B | 13.00M t |
| 2020 | $5.26B | 12.32M t |
| 2019 | $9.24B | 15.59M t |
| 2018 | $8.61B | 15.61M t |
| 2017 | $5.85B | 12.33M t |
Where Kuwait exports refined petroleum products to
Most of it went to France (16%), United Kingdom (12%), Japan (10%). Trade is spread widely: the top three buyer markets together make up only 37%. Among the main buyer markets, South Africa grew fastest (+265% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇫🇷 France | $3.75B | 16% |
| 🇬🇧 United Kingdom | $2.74B | 12% |
| 🇯🇵 Japan | $2.30B | 9.7% |
| 🇰🇷 South Korea | $1.89B | 8% |
| 🇳🇱 Netherlands | $1.72B | 7.3% |
| 🇵🇰 Pakistan | $1.49B | 6.3% |
| 🇿🇦 South Africa | $782.2M | 3.3% |
| 🇮🇹 Italy | $771.3M | 3.3% |
| 🇸🇬 Singapore | $669.1M | 2.8% |
| 🇮🇪 Ireland | $667.6M | 2.8% |
Average export price of refined petroleum products
The average declared value was about $0.70 per kg, close to the world average of $0.74.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Kuwait also imports refined petroleum products
Imports of refined petroleum products by Kuwait reached $193.0 million in 2024 (93.8 thousand tonnes). One supplier dominates: United Arab Emirates accounted for 51% of the value. Among the main suppliers, India grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| 🇦🇪 United Arab Emirates | $97.7M | 51% |
| 🇮🇳 India | $19.4M | 10% |
| 🇧🇪 Belgium | $13.1M | 6.8% |
| 🇴🇲 Oman | $8.7M | 4.5% |
| 🇵🇭 Philippines | $5.4M | 2.8% |
| 🇫🇷 France | $4.3M | 2.2% |
| 🇸🇦 Saudi Arabia | $4.1M | 2.2% |
| 🇺🇸 United States | $4.0M | 2.1% |
| 🇰🇬 Kyrgyzstan | $4.0M | 2.1% |
| 🇧🇯 Benin | $3.9M | 2% |
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 2710: Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils.
Refined petroleum products trade in Kuwait: questions
What is the value of refined petroleum products imported by Kuwait?
Kuwait imported refined petroleum products worth $193.0 million in 2024 (93.8 thousand tonnes).
Where does Kuwait import refined petroleum products from?
The main supplier countries in 2024 were United Arab Emirates (51%), India (10%), Belgium (7%).
What is the average import price of refined petroleum products in Kuwait?
The average declared import value was about $2.06 per kg in 2024, against a world average of $0.74 per kg.
Does Kuwait export refined petroleum products?
Yes. Kuwait exported refined petroleum products worth $23.70 billion in 2024, mainly to France, United Kingdom, Japan.
What is the HS code for refined petroleum products?
Refined petroleum products falls under HS heading 2710 (Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of pet). The six-digit codes under it split the product by type.
How can I find the companies trading refined petroleum products 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.
Refined petroleum products trade in other countries
More trade data for Kuwait
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