2022
Exports | Imports
$5.58M | $7.8MWorld Rnk 33 / 126
Flag Rnk 302 / 1100
World Rnk 47 / 202
Flag Rnk 746 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 34 / 124
2022
PRODUCT COMPLEXITY IN Stainless Steel Wire
1.13Rnk 127 / 1025

About

Exports In 2022, Saudi Arabia exported $5.58M in Stainless Steel Wire, making it the 33rd largest exporter of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 302nd most exported product in Saudi Arabia. The main destination of Stainless Steel Wire exports from Saudi Arabia are: United Arab Emirates ($5.09M), Jordan ($419k), Oman ($66k), India ($2.59k), and South Korea ($905).

The fastest growing export markets for Stainless Steel Wire of Saudi Arabia between 2021 and 2022 were India ($2.59k), South Korea ($905), and Bulgaria ($28).

Imports In 2022, Saudi Arabia imported $7.8M in Stainless Steel Wire, becoming the 47th largest importer of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 746th most imported product in Saudi Arabia. Saudi Arabia imports Stainless Steel Wire primarily from: Jordan ($1.17M), China ($1.07M), United Arab Emirates ($936k), Indonesia ($678k), and United Kingdom ($639k).

The fastest growing import markets in Stainless Steel Wire for Saudi Arabia between 2021 and 2022 were Jordan ($886k), China ($636k), and United Kingdom ($531k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Stainless Steel Wire from Saudi Arabia to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Stainless Steel Wire. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.58M
IMPORTS (2022)$7.8M
NET TRADE (2022)-$2.23M

In 2022, Saudi Arabia exported $5.58M in Stainless Steel Wire. The main destinations of Saudi Arabia exports on Stainless Steel Wire were United Arab Emirates ($5.09M), Jordan ($419k), Oman ($66k), India ($2.59k), and South Korea ($905).

In 2022, Saudi Arabia imported $7.8M in Stainless Steel Wire, mainly from Jordan ($1.17M), China ($1.07M), United Arab Emirates ($936k), Indonesia ($678k), and United Kingdom ($639k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Wire EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
India$2.59k (1%)
South Korea$905 (1%)
Bulgaria$28 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Wire BY Saudi Arabia WERE (2021 - 2022):
United Arab Emirates-$8.31M (-62%)
Egypt-$2.01M (-100%)
Oman-$413k (-86.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Stainless Steel Wire were:
In 2022, Saudi Arabia's main importing competitors in Stainless Steel Wire were:

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Trade Value of Stainless Steel Wire by Exporters

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