Mubasher: Kuwait’s trade surplus grew by 0.38% year-on-year during the second quarter of the fiscal year 2019, recording KWD 2.673 billion ($8.8 billion), according to a report released by the Ministry of Finance (MoF).
The value of the GCC country’s trade exchange declined by 3.61% to KWD 7.761 billion from April to the end of June, compared to KWD 8.052 billion in the year-ago period.
Total Kuwaiti exports went down by 2.49% year-on-year to KWD 4.746 billion during the three-month period ended June.
Meanwhile, imports decreased by 5.6% to KWD 2.544 billion in Q2-19 versus KWD 2.695 billion in Q2-18.
