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Kuwait's Q1 trade surplus drops 30.6%
Kuwait's trade balance surplus declined by 30.59% in the first quarter of 2026, reaching 1.77 billion Kuwaiti dinars compared to 2.55 billion dinars in the same period of the previous year. The reduction was driven by a 20.63% decrease in exports, amounting to 4.5 billion dinars, and a 12.5% decline in imports, totaling 2.73 billion dinars, which contributed to the narrowing of the trade surplus. Oil and its derivatives constituted exports valued at 4.05 billion dinars, with the United Arab Emirates ranking as the leading destination for Kuwaiti exports, while China remained Kuwait’s most important import partner.
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