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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.