The State of Kuwait is a country in Western Asia. As of 2014, Kuwait had a population of 4.1 million people. Kuwait is a constitutional emirate with a high-income economy backed by the world’s sixth-largest oil reserves. The Kuwaiti dinar is the mostly highly valued currency in the world, and the country has no individual income tax. Learning how to export from the US to Kuwait can benefit your business.
The country’s capital, Kuwait City, is the political, cultural, and economic center of Kuwait, and is considered a global city.
Kuwait has a well-developed banking system, and is the Arab world’s largest foreign investor, with $8.4 billion in FDI outflows in 2013. The country’s first free-trade zone was inaugurated in 1999. The US is one of Kuwait’s biggest sources of imports. To export from the US to Kuwait is to give your business an edge.
Your choice depends on the volume of your shipment. If it is equal to at least half of a 20-foot container, then FCL, a full container load, will be your best option. Twenty-foot containers accommodate 10 standard pallets, while 40-foot containers ship 22 standard pallets.
If your goods need to be separated from those of other exporters to avoid any risk of contact damage, FCL is also your best option even for a very small shipment.
If isolation of your goods is not a concern, you may want to opt for LCL, also called groupage. With groupage, you share a container and pay only for the space you need. Consult iContainers for important information, including rates.
Port of Shuwaikh
Shuwaikh Port is Kuwait’s main commercial port. The port has 21 berths, 14 of which are of a depth of nearly 33 feet (berths 1 to 14), four of which are of a depth of nearly 28 feet (berths 18 to 21) and three of which are of a depth of nearly 22 feet (berths 15, 16, and 17). Altogether, the berths equal over 13,000 feet in length. The port can receive vessels of drafts of 25 feet at any tide, and vessels of drafts of 32 feet at high tide.
Port of Shuaiba
The port of Shuaiba lies on the northeastern shores of the Persian Gulf in southeastern Kuwait, about 28 miles southeast of Kuwait City. It is home to an oil refinery, a petrochemical plant, and a seafood-packing plant. The port was created to support the capital city’s industries, and it is the country’s second port for commercial cargoes. It is divided into three major areas: dry cargo berths, a small craft and barge harbor, and a chemical tanker berth. The port features twenty berths totaling over 13,000 feet, at depths ranging from 32 to 45 feet, for containers and commercial traffic.
Short deadlines or urgent shipments may be better accommodated by air freight then ocean freight. Some limitations apply to air freight in terms of volume and weight; iContainers provides a calculator to help you determine whether this is the right option for you.