Kuwait: Fuel Share of Exports

## What this measures

Fuels (SITC 3: crude oil, refined products, natural gas, coal) as a percent of Kuwait's merchandise exports.

## Why it matters

It measures how much of Kuwait's export earnings depend on oil and gas. Kuwait is among the least diversified exporters in the Gulf.

## How to read it

Annual, dated December 31. It was 93.0% in 2025, down from 94.2% in 2024. Since 1996 it has ranged from 89.1% (1998) to 96.5% (2008). It falls when oil prices fall as well as when other exports grow, so read it with the oil price.

## What it does not say

It covers goods only, not services such as tourism or finance, and it shows shares, not dollar amounts.

## Source

World Bank, World Development Indicators (`TX.VAL.FUEL.ZS.UN`), from UN Comtrade merchandise trade data classified by SITC, via api.worldbank.org. CC BY 4.0.