Market profile

Kuwait has a small, relatively open economy dominated by the oil industry and government sector. Oil revenues account for approximately 40 per cent of its GDP about 90 per cent of government revenues. The trade relationship is substantial, with strong potential for further expansion in the energy sector (professional services and related equipment), education, agribusiness, advanced manufacturing, tourism and other services. (Source: Department of Foreign Affairs and Trade, Kuwait country brief, August 2021)

More information on doing business in Kuwait

Facts

  • Merchandise exports A$382 million
  • Services exports A$55 million
  • Capital Kuwait City
  • Official language Arabic
  • Area 17,820 sq km
  • Population 4.6 million

Information provided by DFAT

Country brief

A comprehensive overview of political, economic and bilateral and regional trade agreements.

» read more at DFAT

Trade and economic fact sheet

Containing general information, recent economic indicators, Australia’s trade and investment relationship with Kuwait and their global merchandise trade relationship that is updated twice a year.

» read more at DFAT

Smartraveller

The Department of Foreign Affairs and Trade’s Smartraveller site provides advice for business travellers and tourists going to Kuwait. This is regularly updated and should be checked before planning travel.

» read more at DFAT

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