Agriculture activity is very reduced in Kuwait, due to particularly harsh climatic conditions. Agriculture only amounts to 1% of the GDP. The industrial activity is dominated by hydrocarbons sector. The State holds monopoly over oil exploitation through the Kuwait Oil Company (KOC). The government wishes to stimulate foreign direct investments (FDI) : foreigners are allowed to hold 100% of a company's capital and can enjoy attractive tax benefits. The State particularly encourages FDIs in petrochemical, infrastructure, high technology and financial sectors.
The three main export partners are Japan, United-States and the Netherlands. Hydrocarbons represent 90% of the country's total exports.
The Kuwaiti market offers numerous oportunities. 90% of consumer goods are imported, especially food products, capital and transport goods, and manufactured products.Kuwait's first three import countries are the United States, Germany and Japan.