(MENAFN- Kuwait News Agency (KUNA)) According to results from Kuwait Central Statistical Bureau during the months of April and June of 2015 witnessed the country's exports were KD 4.842 million with a 38.7 percent decrease, when compared to the same period last year, and imports were KD 2.442 million with a 9.7 percent increase compared with April-June 2014.
In April and June 2015, the balance of trade was KD 2.401 million while it was million 5.676 in April and June of 2014 with a 57.7 percent decrease, it said.
In the same period, volume of trade decreased 28.1 percent compared with the second quarter of 2014, it added.
Trade of volume was million 7.284 in April-June 2015, while last year in the same period it was million 10.125.
Coverage rate was 198.3 percent in April-June 2015, while it was 355.1 percent in April-June 2014.
In the second quarter of 2015, Coverage rate (excluding oil) was 21.4 percent while it was 23.2 percent in the second quarter of 2014.
Mineral fuels and oil were forefront in exports according to chapters.
For April- June 2015, the top categories for exports were "mineral fuels and oils" (4.328 Million KD) with share of 89.4 percent and then "organic chemicals" (129 Million KD) 2.7 percent, "vehicles other than railway or tramway rolling-stock and parts and accessories thereof" (94 Million KD) 1.9 percent.
Vehicles other than railway or tramway were forefront in imports according to chapters.
At the same period, "vehicles other than railway or tramway rolling-stock, parts thereof" has by far the highest value imported at 360 million KD with share of 14.7 percent and then, "Nuclear Reactors, Boilers, Machinery and Mechanical Appliances, Parts Thereof" (295 Million KD) 12.1 percent, "Electrical Machinery and Equipment and Parts Thereof, Sound Recorders and Reproducers, Television Image and Sound Recorders and Reproducers, and Parts and Accessories of such Articles" (266 Million KD) 10.9 percent, and "Natural or cultured pearls, precious and semi-precious stones" (114 Million KD) 4.7 percent.
Saudi Arabia was the main partner countries in non-oil exports, according to Kuwait Central Statistical Bureau.
In April-June 2015, the main partner country for non-oil exports was Saudi Arabia with 77.3 Million KD. For exports, Saudi Arabia was followed by UAE (73.5 Million KD) and India (72.2 Million KD).
The top country for Kuwait's imports was China (385.7 Million KD), records for imports range from United States of America (247.3 Million KD), UAE (242.8 Million KD) and Germany (143.6 Million KD).
Exports to GCC countries increased 9.6 percent, Kuwait Central Statistical Bureau said.
As compared with the same quarter of the previous year, exports to the GCC countries were 182.3 Million KD, increased by 9.6 percent.
The share of the GCC countries was 3.8 percent in April-June 2015 while it was also 2.1 percent in April- June 2014.
The share of Industrial supplies goods in imports was 24.1 percent.
During the same period, 24.1 percent of imports products were industrial supplies.
As compared with the same period of the previous year; food and beverage increased 14.0 percent, industrial supplies increased 2.5 percent, capital goods increased 17.4 percent and Transport equipment and parts and accessories thereof increased 7.8 percent while the imports from fuels and lubricants decreased 5.0 percent, Kuwait Central Statistical Bureau added.
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