Ethylene Polymers in Saudi Arabia

EXPORTS (2018): $12.5B, World Rnk 1 / 146
Flag Rnk 3 / 1078

TOP DESTINATION (2018): $2.07B, Singapore

FASTEST GROWING MARKET (2017 - 2018): $654M, United Arab Emirates

IMPORTS (2018): $282M, World Rnk 52 / 201
Flag Rnk 110 / 1197

TOP ORIGIN (2018): $91.8M, United Arab Emirates

FASTEST GROWING ORIGIN (2017 - 2018): $91.8M, United Arab Emirates

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

PRODUCT COMPLEXITY  IN Ethylene Polymers (2018): 0.044, Rnk 526 / 1018

Overview: This page contains the latest trade data of Ethylene Polymers in Saudi Arabia.

Exports: In 2018, Saudi Arabia exported $12.5B in Ethylene Polymers, making it the 1st largest exporter of Ethylene Polymers in the world. At the same year, Ethylene Polymers was the 3rd most exported product in Saudi Arabia. The main destination of Ethylene Polymers exports from Saudi Arabia are: Singapore ($2.07B), China ($2.06B), Malaysia ($1.09B), Belgium-Luxembourg ($801M), and United Arab Emirates ($654M).

The fastest growing export markets for Ethylene Polymers of Saudi Arabia between 2017 and 2018 were United Arab Emirates ($654M), Malaysia ($427M), and Vietnam ($384M).

Imports: In 2018, Saudi Arabia imported $282M in Ethylene Polymers, becoming the 52nd largest importer of Ethylene Polymers in the world. At the same year, Ethylene Polymers was the 110th most imported product in Saudi Arabia. Saudi Arabia imports Ethylene Polymers primarily from: United Arab Emirates ($91.8M), Germany ($36.5M), South Korea ($29M), Kuwait ($18.9M), and Netherlands ($16.7M).

The fastest growing import markets in Ethylene Polymers for Saudi Arabia between 2017 and 2018 were United Arab Emirates ($91.8M), Netherlands ($9.8M), and Norway ($6.33M).

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

Value

EXPORTS (2018): $12.5B

IMPORTS (2018): $282M

NET TRADE (2018): $12.2B

In 2018, Saudi Arabia exported $12.5B in Ethylene Polymers. The main destinations of Saudi Arabia exports on Ethylene Polymers were Singapore ($2.07B), China ($2.06B), Malaysia ($1.09B), Belgium-Luxembourg ($801M), and United Arab Emirates ($654M).

In 2018, Saudi Arabia imported $282M in Ethylene Polymers, mainly from United Arab Emirates ($91.8M), Germany ($36.5M), South Korea ($29M), Kuwait ($18.9M), and Netherlands ($16.7M).

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IN 2018, Saudi Arabia HAD A POSITIVE NET TRADE IN Ethylene Polymers WITH:

  • Singapore, $2.06B ($2.07B - $11M)
  • China, $2.05B ($2.06B - $6.41M)
  • Malaysia, $1.09B ($1.09B - $722k)

IN 2018, Saudi Arabia HAD A NEGATIVE NET TRADE IN Ethylene Polymers WITH:: United States, -$2.25M ($5.71M - $7.97M)

Flow

THE FASTEST GROWING Ethylene Polymers EXPORT MARKETS FOR Saudi Arabia WERE (2017 - 2018):

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

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Market Concentration

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In 2018, Saudi Arabia's main exporting competitors in Ethylene Polymers were:

In 2018, Saudi Arabia's main importing competitors in Ethylene Polymers were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Ethylene Polymers 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 Ethylene Polymers was 4.5%.

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

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