Uploaded on 2014-12-07 by vaidyula

Top 5 Products exported by Kuwait Crude Petroleum (67%), Refined Petroleum (23%), Petroleum Gas (4.5%), Cyclic Hydrocarbons (1.8%), and Ethylene Polymers (1.1%) Top 5 Products imported by Kuwait Cars (20%), Valves (2.3%), Delivery Trucks (2.1%), Packaged Medicaments (1.8%), and Passenger and Cargo Ships (1.8%) Top 5 Export destinations of Kuwait South Korea (20%), India (20%), Japan (17%), China (12%), and Singapore (5.3%) Top 5 Import origins of Kuwait China (12%), United States (11%), Japan (11%), South Korea (9.0%), and Germany (8.7%) ![enter image description here][1] Almost all the domestic, hard labor and technician level jobs are with the expatriate workforce. Kuwaities take up businesses and works related to managerial, supervisory or administrative roles. All the governmental jobs are for Kuwaities. Without the knowledge of Arabic, it is very difficult to get things done in ministries. Source: Kuwait Statistics – Annual Statistical Abstract 2012. Page 13 Food comes from almost all over the world though they do produce an infinitesimally small quantity of leafy vegetables. As we can see the future of this nation is entirely on a non-renewable fossil fuel. When the oil exhausts, they have no alternative at present. It is high time they should prepare the present young generation to the future impending realities. Massive investment is needed in solar power to enable their energy needs. Kuwait sometimes imports gas to produce electricity. Almost all the houses are air conditioned. Life style is very luxurious. No local uses the public transport buses or taxies. Every household has multiple cars and at least one expat driver to cater for their commuting needs. Roads are usually jammed in peak hours reflecting poor planning and living at more than sustainable limits. Electricity and fuel prices are lowest. There is no income tax. No sales tax. Health is heavily subsidized. Unless they go in for a paradigm shift in their lifestyle and income from just petroleum, this nation is in a danger of experiencing multiple shocks. Source: http://atlas.media.mit.edu/profile/country/kwt/ ![enter image description here][2] [1]: https://edxuploads.s3.amazonaws.com/14179681727267872.jpg [2]: https://edxuploads.s3.amazonaws.com/14179682212483065.png