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Kuwait Commodity Terms of Trade

Kuwait Commodity Terms of Trade stands at 28.14% as of May 2026, up from -13.82% a year earlier. The reading sits in the 96th percentile of its history back to 1981.

53.93%6.65%-40.62% 1981 2003 2026
Kuwait Commodity Terms of Trade, 1981–2026. Updated 2026-07-16.
Latest (May 2026)28.14%
One year ago-13.82%
10-year range-43.72% – 70.74%
Percentile vs. full history96th
History1981–2026 (545 observations)

What it is & how to read it

Year-over-year change in Kuwait's commodity terms of trade: the IMF's commodity net-export price index, which weights world commodity-price moves by what Kuwait actually exports and imports, scaled by the size of its economy. A rising line is an income windfall - the things Kuwait sells are getting more valuable relative to the things it buys. For commodity exporters this series can swing the whole macro picture; for importers it works in reverse, and for economies with little commodity trade it stays quiet by construction. It feeds the commodities pillar of the tailwinds score.

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Data: download CSV (source: IMF Commodity Terms of Trade (CTOT) database).

Source: IMF Commodity Terms of Trade (CTOT) database. Updated daily. Part of Cambria Chart Lab — free macro & market charts. For research and education only; not investment advice.