Packaged Medicaments in Saudi Arabia

EXPORTS (2018): $311M, World Rnk 50 / 190
Flag Rnk 44 / 1078

TOP DESTINATION (2018): $88.5M, United Arab Emirates

FASTEST GROWING MARKET (2017 - 2018): $88.5M, United Arab Emirates

IMPORTS (2018): $3.15B, World Rnk 23 / 217
Flag Rnk 5 / 1197

TOP ORIGIN (2018): $456M, Switzerland

FASTEST GROWING ORIGIN (2017 - 2018): $257M, Denmark

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

PRODUCT COMPLEXITY  IN Packaged Medicaments (2018): 0.74, Rnk 270 / 1018

Overview: This page contains the latest trade data of Packaged Medicaments in Saudi Arabia.

Exports: In 2018, Saudi Arabia exported $311M in Packaged Medicaments, making it the 50th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 44th most exported product in Saudi Arabia. The main destination of Packaged Medicaments exports from Saudi Arabia are: United Arab Emirates ($88.5M), Lebanon ($27.8M), Sudan ($24M), Kuwait ($23.4M), and Egypt ($21.6M).

The fastest growing export markets for Packaged Medicaments of Saudi Arabia between 2017 and 2018 were United Arab Emirates ($88.5M), Sudan ($23.5M), and Egypt ($21.2M).

Imports: In 2018, Saudi Arabia imported $3.15B in Packaged Medicaments, becoming the 23rd largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 5th most imported product in Saudi Arabia. Saudi Arabia imports Packaged Medicaments primarily from: Switzerland ($456M), Germany ($434M), France ($305M), Belgium-Luxembourg ($282M), and Denmark ($275M).

The fastest growing import markets in Packaged Medicaments for Saudi Arabia between 2017 and 2018 were Denmark ($257M), United Arab Emirates ($98M), and United States ($36.9M).

Value

EXPORTS (2018): $311M

IMPORTS (2018): $3.15B

NET TRADE (2018): -$2.84B

In 2018, Saudi Arabia exported $311M in Packaged Medicaments. The main destinations of Saudi Arabia exports on Packaged Medicaments were United Arab Emirates ($88.5M), Lebanon ($27.8M), Sudan ($24M), Kuwait ($23.4M), and Egypt ($21.6M).

In 2018, Saudi Arabia imported $3.15B in Packaged Medicaments, mainly from Switzerland ($456M), Germany ($434M), France ($305M), Belgium-Luxembourg ($282M), and Denmark ($275M).

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IN 2018, Saudi Arabia HAD A POSITIVE NET TRADE IN Packaged Medicaments WITH:

  • Sudan, $24M ($24M - $0)
  • Iraq, $19.2M ($19.2M - $3.12k)
  • Bahrain, $18.1M ($18.1M - $18.5k)

IN 2018, Saudi Arabia HAD A NEGATIVE NET TRADE IN Packaged Medicaments WITH:

  • Switzerland, -$456M ($15.4k - $456M)
  • Germany, -$434M ($182k - $434M)
  • France, -$305M ($73k - $305M)
Flow

THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Saudi Arabia WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments 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 Packaged Medicaments were:

In 2018, Saudi Arabia's main importing competitors in Packaged Medicaments were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Packaged Medicaments 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 tariffs for Packaged Medicaments in the imports of Saudi Arabia were of 0% around the world.

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