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Non-oil exports hit KD 19.1m

KUWAIT: Kuwait’s Ministry of Commerce and Industry announced on Thursday that the total local non-oil exports of Kuwaiti origin to the world in August amounted to KD 19.1 million ($62.5 million) compared to KD 24 million ($78 million) in July. Undersecretary of the Ministry for International Organizations and Foreign Trade Sector, Saleh Al-Azmi, stated to KUNA that the total certificates of Kuwaiti origin exports issued by the Ministry to the GCC in August reached 1,577 certificates valued at KD 11.4 million (about $37.3 million), compared to 1,597 certificates valued at KD 15.7 million (about $51.4 million) in July.

Al-Azmi added that the number of certificates issued to Arab countries in August amounted to 502 certificates exported to 10 countries with a value of KD 7.3 million (about $23.9 million), compared to 366 certificates to 10 countries valued at KD 7.1 million ($23.2 million). He also added that certificates issued to Europe in August reached six certificates (to four countries) valued at KD 70,491 ($230,000) compared to 22 certificates for nine countries worth KD one million ($3.2 million) in July.

The number of certificates issued to African countries reached seven (to four countries) — valued at KD 186,840 ($611,000), compared to eight certificates (to four countries) — worth KD 224,626 ($735,000) in July, he added. Al-Azmi also said the number of certificates issued to the countries in the Americas in August reached four (two countries) valued at KD 108,592 ($355,000), compared to 12 certificates for seven countries valued at KD 227,443 ($745,000) in July.

Certificates issued to Asian countries in August reached nine certificates valued at KD 18,653 ($61,000), compared to one certificate issued to one country worth KD 27,881 ($91,000) last July. The numbers include Kuwaiti origin exports by the Ministry of Commerce and Industry, as some importing entities do not require a certificate of origin for products. — KUNA

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