United States / Kuwait

Overview In January 2024, United States exported $128M and imported $62.9M from Kuwait, resulting in a positive trade balance of $65.2M. Between January 2023 and January 2024 the exports of United States have decreased by $-72.7M (-36.2%) from $201M to $128M, while imports decreased by $-61.6M (-49.5%) from $125M to $62.9M.

Trade In January 2024, the top exports of United States to Kuwait were Cars ($51.6M), Reaction and Catalytic Products ($22.2M), Petroleum Coke ($15.3M), Tanks and Armored vehicles ($11.2M), and Commodities not elsewhere specified ($4.51M). In January 2024 the top imports of United States from Kuwait were Refined Petroleum ($84.4M), Crude Petroleum ($29M), Commodities not elsewhere specified ($10.1M), Non-Iron and Steel Slag, Ash and... ($760k), and Concentrated Milk ($121k).

Origins In January 2024 the exports of United States were mainly from Texas ($41.8M), California ($12M), Pennsylvania ($7.27M), Indiana ($7.17M), and New York ($5.08M), while imports destinations were mainly California ($59.7M), New York ($1.24M), Virginia ($1.16M), Florida ($189k), and Maryland ($140k).

Growth In January 2024, the decrease in United States's year-by-year exports to Kuwait was explained primarily by an decrease in product exports in Tanks and Armored vehicles ($-37.4M or -77%), Other Pure Vegetable Oils ($-14.1M or -100%), and Medical Instruments ($-7M or -65%). In January 2024, the decrease in United States's year-by-year imports  from Kuwait was explained primarily by an decrease in product imports  in Crude Petroleum ($-70.4M or -70.9%), Trunks and Cases ($-4.01k or -91.1%), and Non-Knit Women's Suits ($-714 or -43.7%).