Aluminium Wire in Saudi Arabia

EXPORTS (2018): $17.8M, World Rnk 30 / 97
Flag Rnk 231 / 1078

TOP DESTINATION (2018): $14.9M, Kuwait

FASTEST GROWING MARKET (2017 - 2018): $1.37M, Bahrain

IMPORTS (2018): $109M, World Rnk 11 / 187
Flag Rnk 242 / 1197

TOP ORIGIN (2018): $68.7M, Bahrain

FASTEST GROWING ORIGIN (2017 - 2018): $68.7M, Bahrain

ECONOMIC COMPLEXITY of Saudi Arabia (2018): 0.93, Rnk 27 / 137

PRODUCT COMPLEXITY  IN Aluminium Wire (2018): -0.55, Rnk 710 / 1018

Overview: This page contains the latest trade data of Aluminium Wire in Saudi Arabia.

Exports: In 2018, Saudi Arabia exported $17.8M in Aluminium Wire, making it the 30th largest exporter of Aluminium Wire in the world. At the same year, Aluminium Wire was the 231st most exported product in Saudi Arabia. The main destination of Aluminium Wire exports from Saudi Arabia are: Kuwait ($14.9M), Bahrain ($1.37M), Egypt ($864k), United Arab Emirates ($556k), and Japan ($72.3k).

The fastest growing export markets for Aluminium Wire of Saudi Arabia between 2017 and 2018 were Bahrain ($1.37M), Egypt ($864k), and United Arab Emirates ($556k).

Imports: In 2018, Saudi Arabia imported $109M in Aluminium Wire, becoming the 11th largest importer of Aluminium Wire in the world. At the same year, Aluminium Wire was the 242nd most imported product in Saudi Arabia. Saudi Arabia imports Aluminium Wire primarily from: Bahrain ($68.7M), United Arab Emirates ($31.9M), Oman ($3.45M), Spain ($2.32M), and India ($840k).

The fastest growing import markets in Aluminium Wire for Saudi Arabia between 2017 and 2018 were Bahrain ($68.7M), United Arab Emirates ($31.9M), and Oman ($603k).

Tariffs: In 2017, the average tariff for Saudi Arabia in Aluminium Wire was 4.5%. The countries with the highest import tariffs for Aluminium Wire were Angola (5%), Burundi (5%), Benin (5%), Burkina Faso (5%), and Botswana (5%).

Value

EXPORTS (2018): $17.8M

IMPORTS (2018): $109M

NET TRADE (2018): -$91.1M

In 2018, Saudi Arabia exported $17.8M in Aluminium Wire. The main destinations of Saudi Arabia exports on Aluminium Wire were Kuwait ($14.9M), Bahrain ($1.37M), Egypt ($864k), United Arab Emirates ($556k), and Japan ($72.3k).

In 2018, Saudi Arabia imported $109M in Aluminium Wire, mainly from Bahrain ($68.7M), United Arab Emirates ($31.9M), Oman ($3.45M), Spain ($2.32M), and India ($840k).

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IN 2018, Saudi Arabia HAD A POSITIVE NET TRADE IN Aluminium Wire WITH:

  • Kuwait, $14.8M ($14.9M - $153k)
  • Egypt, $757k ($864k - $107k)
  • Japan, $72.3k ($72.3k - $0)

IN 2018, Saudi Arabia HAD A NEGATIVE NET TRADE IN Aluminium Wire WITH:

  • Bahrain, -$67.3M ($1.37M - $68.7M)
  • United Arab Emirates, -$31.4M ($556k - $31.9M)
  • Oman, -$3.45M ($0 - $3.45M)
Flow

THE FASTEST GROWING Aluminium Wire EXPORT MARKETS FOR Saudi Arabia WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Wire BY Saudi Arabia WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Saudi Arabia's main exporting competitors in Aluminium Wire were:

In 2018, Saudi Arabia's main importing competitors in Aluminium Wire were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Aluminium Wire in Saudi Arabia. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2017, the average tariff for Saudi Arabia in Aluminium Wire was 4.5%.

The countries with the highest tariffs for Aluminium Wire in Saudi Arabia were Angola (5%), Burundi (5%), Benin (5%), Burkina Faso (5%), and Botswana (5%).

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