China / Kuwait

Overview In February 2024, China exported $293M and imported $495M from Kuwait, resulting in a negative trade balance of $203M. Between February 2023 and February 2024 the exports of China have increased by $226k (0.077%) from $293M to $293M, while imports decreased by $-574M (-53.7%) from $1.07B to $495M.

Trade In February 2024, the top exports of China to Kuwait were Iron Pipes ($120M), Telephones ($58.9M), Cars ($40M), Other toys ($12.9M), and Light Fixtures ($12.2M). In February 2024 the top imports of China from Kuwait were Crude Petroleum ($1.36B), Refined Petroleum ($102M), Petroleum Gas ($53M), Cyclic Hydrocarbons ($21.1M), and Ethylene Polymers ($10.6M).

Origins In February 2024 the exports of China were mainly from Guangdong Province ($67M), Zhejiang Province ($42.2M), Jiangsu Province ($34.7M), Shandong Province ($27.7M), and Hebei Province ($20.1M), while imports destinations were mainly Yunnan Province ($155M), Beijing ($137M), Zhejiang Province ($110M), Guangdong Province ($86.4M), and Fujian Province ($2.3M).

Growth In February 2024, the increase in China's year-by-year exports to Kuwait was explained primarily by an increase in product exports in Iron Pipes ($108M or 854%), Telephones ($39M or 195%), and Valves ($6.19M or 176%). In February 2024, the decrease in China's year-by-year imports  from Kuwait was explained primarily by an decrease in product imports  in Crude Petroleum ($-488M or -26.5%), Cyclic Hydrocarbons ($-39.6M or -65.2%), and Acyclic Alcohols ($-20.8M or -76.5%).