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Kuwait's relationship with trading partners is thus defined by the countries respective interdependence.
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Many people live in urban areas because of the necessity of sharing scarce resources in the desert.
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This factor also influences the price of available property: prices are high and the general population has limited ability to actually own property.
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The economy of Kuwait is dependent on the oil industry.
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During the war with Iraq many oil refining facilities were destroyed, but this industry remains of enormous importance to Kuwait.
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To protect oil interests, and to protect against larger countries taking advantage of Kuwait, the country was one of the founding members of the Organization of Petroleum Exporting Countries (OPEC).
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Kuwait was built on the trade between Mesopotamia and the Indus river valley.
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Throughout its history Kuwait has depended on trade, and today exports total $13.5 billion each year in oil, refined products, and fertilizers.
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Japan, India, the United States, South Korea, and Singapore are the major recipients of their exports.
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Kuwait imports $8.1 billion a year in food, construction materials, vehicles and parts, and clothing from the United States, Japan, the United Kingdom, Germany, and Italy.
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Kuwait was built on the trade between Mesopotamia and the Indus river valley.
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55489 Comments
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Throughout its history Kuwait has depended on trade, and today exports total $13.5 billion each year in oil, refined products, and fertilizers.
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Japan, India, the United States, South Korea, and Singapore are the major recipients of their exports.
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Kuwait imports $8.1 billion a year in food, construction materials, vehicles and parts, and clothing from the United States, Japan, the United Kingdom, Germany, and Italy.
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The labor force includes 1.3 million people.
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The government and social services employ 50 percent of the labor force, businesses employ 40 percent, and the remaining 10 percent are employed in agriculture.
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This labor force is divided along ethnic lines, with Kuwaitis holding most of the government jobs and owning most of the of businesses in the private sector.
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Non-Kuwaitis generally labor in various businesses and in the oil industry.
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The towers and pipes of a Kuwait oil refinery contribute to the nation's most important industry.
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There are five levels of social stratification in Kuwaiti society, and these divisions are based on wealth.
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At the apex of the social hierarchy is the ruling family.
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Below that are old Kuwaiti merchant families.
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unable to post the images here.
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In the middle of the strata are former Bedouins, Arabian Desert nomads, who settled in Kuwait with the advent of the oil industry.
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Next come Arabs from neighboring countries, and at the bottom of this hierarchy are foreigners.
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