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Exports In 2022, Saudi Arabia exported $37.9M in Acetic acid, making it the 9th largest exporter of Acetic acid in the world. At the same year, Acetic acid was the 197th most exported product in Saudi Arabia. The main destination of Acetic acid exports from Saudi Arabia are: India ($10.1M), Belgium ($7.67M), Germany ($7.47M), Kuwait ($4.4M), and Spain ($2.6M).

The fastest growing export markets for Acetic acid of Saudi Arabia between 2021 and 2022 were Germany ($5.07M), Kuwait ($3.98M), and United Kingdom ($1.06M).

Imports In 2022, Saudi Arabia imported $2.51M in Acetic acid, becoming the 54th largest importer of Acetic acid in the world. At the same year, Acetic acid was the 2425th most imported product in Saudi Arabia. Saudi Arabia imports Acetic acid primarily from: South Korea ($1.26M), United States ($861k), India ($261k), China ($70.9k), and Germany ($31.2k).

The fastest growing import markets in Acetic acid for Saudi Arabia between 2021 and 2022 were South Korea ($131k), China ($38.1k), and Germany ($11.2k).

COMPANIES In 2023, leading companies such as REI (Recreational Equipment Incorporated) (35), Continental Materials (15), and Soho Studio (14) were at the forefront of shipping Acetic acid from Saudi Arabia to the United States.

Latest Trends

Jul 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 Acetic acid. 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)$37.9M
IMPORTS (2022)$2.51M
NET TRADE (2022)$35.4M

In 2022, Saudi Arabia exported $37.9M in Acetic acid. The main destinations of Saudi Arabia exports on Acetic acid were India ($10.1M), Belgium ($7.67M), Germany ($7.47M), Kuwait ($4.4M), and Spain ($2.6M).

In 2022, Saudi Arabia imported $2.51M in Acetic acid, mainly from South Korea ($1.26M), United States ($861k), India ($261k), China ($70.9k), and Germany ($31.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Acetic acid EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Germany$5.07M (211%)
Kuwait$3.98M (957%)
United Kingdom$1.06M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Acetic acid BY Saudi Arabia WERE (2021 - 2022):
Belgium-$18.3M (-70.5%)
Switzerland-$9.05M (-84.6%)
Spain-$8.77M (-77.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Acetic acid were:
In 2022, Saudi Arabia's main importing competitors in Acetic acid were:

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Trade Value of Acetic acid by Exporters

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