2021
Exports | Imports
$23.9B | $15.2BWorld Rnk 20 / 226
Flag Rnk 3 / 21
World Rnk 33 / 226
Flag Rnk 3 / 21
2021
ECONOMIC COMPLEXITY of Saudi Arabia
0.9Rnk 31 / 131
2021
PRODUCT COMPLEXITY IN Chemical Products
2.38Rnk 1 / 1024

About

Exports In 2021, Saudi Arabia exported $23.9B in Chemical Products, making it the 20th largest exporter of Chemical Products in the world. At the same year, Chemical Products was the 3rd most exported product in Saudi Arabia. The main destination of Chemical Products exports from Saudi Arabia are: China ($4.45B), India ($3.54B), United States ($1.45B), United Arab Emirates ($1.18B), and Belgium ($933M).

The fastest growing export markets for Chemical Products of Saudi Arabia between 2020 and 2021 were India ($873M), United States ($737M), and Belgium ($444M).

Imports In 2021, Saudi Arabia imported $15.2B in Chemical Products, becoming the 33rd largest importer of Chemical Products in the world. At the same year, Chemical Products was the 3rd most imported product in Saudi Arabia. Saudi Arabia imports Chemical Products primarily from: United Arab Emirates ($1.63B), United States ($1.57B), Germany ($1.42B), India ($1.27B), and Belgium ($1.18B).

The fastest growing import markets in Chemical Products for Saudi Arabia between 2020 and 2021 were Belgium ($656M), India ($456M), and United States ($448M).

Latest Trends

Dec 2023

Subnational Monthly Trade

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Flow
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 Chemical Products. 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 (2021)$23.9B
IMPORTS (2021)$15.2B
NET TRADE (2021)$8.63B

In 2021, Saudi Arabia exported $23.9B in Chemical Products. The main destinations of Saudi Arabia exports on Chemical Products were China ($4.45B), India ($3.54B), United States ($1.45B), United Arab Emirates ($1.18B), and Belgium ($933M).

In 2021, Saudi Arabia imported $15.2B in Chemical Products, mainly from United Arab Emirates ($1.63B), United States ($1.57B), Germany ($1.42B), India ($1.27B), and Belgium ($1.18B).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Chemical Products EXPORT MARKETS FOR Saudi Arabia WERE (2020 - 2021):
India$873M (32.7%)
United States$737M (103%)
Belgium$444M (90.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Products BY Saudi Arabia WERE (2020 - 2021):
Kenya-$54.8M (-33.7%)
Canada-$46.7M (-80.9%)
China-$32.9M (-0.73%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Saudi Arabia's main exporting competitors in Chemical Products were:
In 2021, Saudi Arabia's main importing competitors in Chemical Products were:

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Trade Value of Chemical Products by Exporters

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