2,595,628 (July 2011 est.)
GDP (purchasing power parity):
US $144.3 billion (2010 est.)
GDP per capita (PPP):
US $51,700 (2010 est.)
GDP (real growth rate):
3.2% (2010 est.)
- Shipbuilding and repair
- Water desalination
- Food processing
- Construction materials
US $20.36 billion (2010 est.)
- Construction materials
- Vehicles and parts
US $65.03 billion (2010 est.)
- Oil and refined products
Alberta's exports to Kuwait:
CAN $25.8 million (2010)
Alberta's main exports to Kuwait:
- Boring or sinking machinery and parts
- Lifting, loading or unloading machinery
- Pulley tackle and hoists and parts
- Motor vehicles (non-transport purposes)
- Electric static convertors
- Prefabricated buildings
- Iron or steel towers and lattice
- Instruments for measuring flow of liquids
- Instruments for measuring pressure
- Food preparations
- Safes/safety deposit lockers
- Other machinery
Canada's main exports to Kuwait:
- Parts of boring of sinking machinery
- Lifting, handling, loading or unloading machinery
- Ice cream
- Iron or steel articles
- Pulley tackle and hoists
- Motor vehicles (non-transport purpose)
Information about Kuwait
- CIA World Factbook
- Detailed information about Kuwait's economy, political system and history.
- Energy Information Administration
- Energy profile for Kuwait
- Alberta's International Trade Review
- An analysis of Alberta's international exports of goods and services. Published by Alberta International and Intergovernmental Relations.
- Trade Data Online
- Customized reports on Canada's trade with over 200 countries.
- World Relations
- A summary of Alberta's relationship with Kuwait.
Sector opportunities for Alberta businesses interested in exporting their products
Building and construction products: Demand for building materials in the Kuwaiti market is volatile and controlled by the Government of Kuwait . There are no restrictions on building materials imports to Kuwait. The government is undertaking construction projects in other sectors. Currently, only high-priority projects are being carried out. Opportunities for Alberta businesses exist in supplying tubes and pipes, chemicals and additives, glass, nails, screws and nuts, sanitary ware parts (metal and plastic), dyes, paints and solvents, timber, doors of aluminum and steel, and specialty materials. Prospects for continued growth in domestic construction offer interesting possibilities for foreign suppliers of wood products, cabinetry, plumbing supplies and furniture. The Canadian share is small but increasing with aggressive marketing policies by a greater number of firms.
Oil and gas equipment: The Kuwaiti constitution forbids foreign ownership of Kuwait's mineral and oil resources. The Kuwaiti government is moving toward allowing foreign investment in upstream oil development. Since Kuwait aspires to significantly increase its production capacity, potential exists for foreign investors to facilitate the increase. The potential investment fields are located in northern and western Kuwait, including Rawdaitain, Sabriyah, Ratqa, Bahra, Minagish, and Umm Gudair. Kuwait produces a great quantity of crude oil and expects to increase the production. The oil is pumped to gathering centers, farm tanks, and refineries and exporting terminals through a large network of pipes. Kuwait imports all of the equipment that it uses in its exploration, drilling, production and development of oil. New equipment will be required for the upgrading of the petroleum infrastructure. There will also be a need for service companies and training components as the Kuwaitis try to upgrade their staff to keep pace with the infrastructure.
Transportation equipment: The majority of automobiles in Kuwait are more than four years old. Harsh weather conditions, the poor after-sale service, high accident rates, poor maintenance, and bad driving habits create a large demand for automobiles parts and service equipment. These same factors also cause tires to deteriorate quickly, creating demand for a large quantity of tires every year.
Services for exporters
- Canada Business
- Online tool for new and experienced exporters.
- The Canadian Commercial Corporation
- Crown corporation that promotes and facilitates international trade on behalf of Canadian industry.
- Electronic Business Intelligence Service
- Online source for export market intelligence, international company profiles, business opportunities, reports and web links
- Export Alert!
- A resource for exporters to learn about changes in foreign export regulations.
- Export resources
- Resources for both new and experienced exporters.
- International Trade Canada
- Sector reports as well as a list of staff contacts that can assist exporters.
- Virtual Trade Commissioner
- A database of Canadian exporters that enable companies to provide their information to prospective foreign buyers, importers, distributors and partners.
Services in Kuwait
Virtual trade commissioner
Register with the virtual trade commissioner and get your business recognized by trade commissioners around the world.
Electronic business information system
Explore export market intelligence, international company profiles, business opportunities and resources.
Date Updated: Sat, 30 Jun 2012 07:03:45