Middle East Economic Survey

VOL. L

No 21

21-May-2007

KUWAIT

Kuwait Trade Balance Surplus Increases Despite Slower Growth In Oil Exports, Says NBK

Kuwaits trade balance surplus has increased, despite slower growth in oil exports, the National Bank of Kuwait (NBK) said in its Economic Brief Volume 7, Number 15, published on 15 May. The steady fall in trade and non-trade barriers in the GCC has resulted in the ratio of total trade to GDP increasing from 68% in 2002 to 91% in 2006, NBK added. Kuwaits...