Belgium exports to Kuwait up by 20.2% in 2003

Published May 4th, 2004 - 02:00 GMT

For the fourth consecutive year, Belgium's exports ‏  

‏to Kuwait have registered a hike in 2003 reaching an estimated 124 million Euros (43 million KD) recording a 20.2 percent increase in comparison to figures quoted ‏  

‏in 2002.‏  

 

Trade and Economy Attach'e at the Belgian Embassy in Kuwait, Mohammed Al-Keelani ‏said that the Economic Mission chaired by Belgian Crown Prince Philippe in October 2002 had played a major role for this increase as well as the onset of ‏export to Iraqi markets via Kuwait, KUNA reported.‏  

 

Al-Keelani said that machines and devices ranked as first in the list of ‏goods exported to Kuwait taking 27.5 percent of the total exports followed by chemical products with 21.6 percent, then foodstuffs 12.2 percent, ‏  

‏transport equipment 8 percent and metal industries 6.1 percent.‏  

 

Meanwhile, Belgium imports from Kuwait declined by 46 percent registering around 20 million Euros (Seven million KD) in 2003 compared with 2002.‏  

 

Al-Keelani attributed this retreat to shifting Kuwait's oil exports from ‏‏Antwerp port to other European ports such as Rotterdam in Netherlands.‏ (menareport.com)‏

© 2004 Mena Report (www.menareport.com)


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