Kuwait’s exports rose by KD two million (USD 6.565 million) in December, as compared to the previous year, the ministry of commerce and industry said on Monday.
Total exports were worth KD 11.9 million (USD 39 million) last month, an increase of 28 percent from last year’s figure of KD 9.9 million (USD 32 million), the ministry revealed in a statement.
It showed that 72 percent of total Kuwaiti exports worth KD 9.3 million (USD 30.5 million) went to Arab nations, most of which were food commodities, while the United Arab Emirates is the biggest importer of Kuwaiti goods (KD 3.3 million total imports.) As for the rest of the world, Kuwaiti exports to Italy had seen the largest growth, valued at KD 1.1 million (USD 3.6 million), followed by Turkey and Portugal.