kuwait\s oil exports fell to 109bn in 2013
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Kuwait's oil exports fell to $109bn in 2013

Arab Today, arab today

Arab Today, arab today Kuwait's oil exports fell to $109bn in 2013

Kuwait - WAM

Kuwait's oil exports edged down to KD 30.8 billion (USD 109.5 billion) in 2013, a slight dip of three percent compared with the earlier year's figures, a recent economic report showed here on Saturday. The drop is a result of dwindling oil prices following a fall in international oil prices in 2013 triggered off by huge oil production by non-OPEC members and moderate world demand for oil, said the report released by the National Bank of Kuwait (NBK). Kuwait's oil prices averaged USD 105 per barrel (pb) in 2013, four dollars lower than 2012, and non-oil exports shot up to KD 1.9 billion (USD 6.75 billion) though they still make up just six percent of the oil-rich Gulf country's total exports, KUNA said quoting the NBK report. The hike was buoyed by a 16 percent rise in ethylene exports compared to an earlier year partly due to expansion in the petrochemical industry, the report indicated. Comparatively, Kuwaiti imports stood at nine percent in 2013 to KD 8.3 billion (USD 29.5 billion), the NBK-compiled report showed. Kuwait's trade balance surplus consequently edged down to KD 24.3 billion (USD 86.4 billion) in 2013 following a retreat from its highest-ever level of 25.7 percent in 2012, it added.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

kuwait\s oil exports fell to 109bn in 2013 kuwait\s oil exports fell to 109bn in 2013

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

kuwait\s oil exports fell to 109bn in 2013 kuwait\s oil exports fell to 109bn in 2013

 



GMT 10:06 2012 Saturday ,28 July

Querrey advances at ATP LA Open

GMT 21:15 2017 Thursday ,01 June

Trump condemns deadly Kabul explosion

GMT 02:15 2017 Thursday ,24 August

Is your country on the Qatar free entry list of 80?

GMT 19:48 2016 Monday ,03 October

Controversial boxing champ Tyson Fury retires

GMT 08:20 2015 Tuesday ,08 December

PC market woes show no sign of easing

GMT 17:27 2017 Tuesday ,25 April

20 Yemeni soldiers killed, injured in explosion

GMT 11:52 2017 Saturday ,30 December

OIC condemns Mar Mina Church attack

GMT 00:03 2017 Saturday ,25 March

Arab Meeting to Examine Anti-Corruption Methods

GMT 13:12 2017 Thursday ,20 April

Deputy premier meets Arab League chief

GMT 14:13 2014 Friday ,10 January

Opel Astra GTC

GMT 18:27 2016 Tuesday ,02 August

Turkish Foreign Minister arrives in Islamabad

GMT 11:27 2016 Tuesday ,13 December

Saudi woman arrested for challenging social norms
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday