China / Kuwait

Overview In September 2024, China exported $388M and imported $914M from Kuwait, resulting in a negative trade balance of $526M. Between September 2023 and September 2024 the exports of China have decreased by $-41.9M (-9.76%) from $430M to $388M, while imports decreased by $-231M (-20.2%) from $1.14B to $914M.

Trade In September 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 September 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 September 2024 the exports of China were mainly from Guangdong Province ($83.3M), Zhejiang Province ($66.1M), Jiangsu Province ($59M), Shandong Province ($40.7M), and Shanghai Province ($26.1M), while imports destinations were mainly Beijing ($643M), Yunnan Province ($81.8M), Guangxi Zhuang Autonomous Region ($71.5M), Guangdong Province ($37.2M), and Shanghai Province ($32.2M).

Growth In September 2024, the decrease in China's year-by-year exports to Kuwait was explained primarily by an decrease in product exports in Other Construction Vehicles ($-14M or -87.3%), Other Plastic Products ($-7.14M or -57.5%), and Other toys ($-5.3M or -29.1%). In September 2024, the decrease in China's year-by-year imports  from Kuwait was explained primarily by an decrease in product imports  in Crude Petroleum ($-488M or -26.5%), Cyclic Hydrocarbons ($-39.6M or -65.2%), and Acyclic Alcohols ($-20.8M or -76.5%).