Kuwait's exports down 9.5% in Q3-16

Kuwait - Mubasher: Kuwaiti exports declined by 9.5% year-on-year in the third quarter of 2016, according to the central statistical bureau (CSB).

Exports totalled KWD 3.624 billion in Q3-16, while imports decreased by 1% and reached KWD 2.239 billion, Kuwait News Agency (KUNA) reported.

The balance of trade was KD 1.385 billion, while it was KD 1.741 billion in July-September 2015 with a 20.5 percent decrease, the statement showed.

The balance of trade shrunk by 20.5% and recorded KWD 1.385 billion compared to KWD 1.741 billion in the same period last year.

In the same period, the volume of trade fell by 6.4% to KWD 5.862 billion compared with KWD 6.265 billion in the third quarter of 2015.

Mubasher Contribution Time: 19-Dec-2016 12:17 (GMT)
Mubasher Last Update Time: 19-Dec-2016 12:17 (GMT)