🇰🇼 Koweït

Kuwait (ISO code: KW) lies at the northern tip of the Persian Gulf, bordering Iraq and Saudi Arabia. Politically it is a constitutional monarchy with a strong executive. The climate is arid and hot, with very dry summers and mild winters. Economically the country plays a central role in the global oil industry, as oil and gas exports account for the bulk of revenue. Foreign trade is strongly focused on fossil fuels, while Kuwait shows high import dependence for food, machinery and consumer goods. The ports of Shuwaikh and Shuaiba serve as key transhipment points for goods and oil products and strengthen the country's regional transit function. The national currency is the Kuwaiti Dinar (KWD), one of the highest-valued currencies in the world. Infrastructure projects aim to modernise logistics and transport routes and raise efficiency in foreign trade. Owing to its strategic location and energy resources, Kuwait holds a significant role in the regional economy of the Middle East.