2022
Exports
$13.1BWorld Rnk 2 / 166
Flag Rnk 3 / 1100
2022
PRODUCT COMPLEXITY IN Ethylene Polymers
-0.17Rnk 603 / 1025
2022
Imports
$553MWorld Rnk 37 / 208
Flag Rnk 73 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $13.1B in Ethylene Polymers, making it the 2nd 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: China ($3.11B), Singapore ($1.4B), Vietnam ($962M), United Arab Emirates ($947M), and Turkey ($759M).

The fastest growing export markets for Ethylene Polymers of Saudi Arabia between 2021 and 2022 were China ($906M), Vietnam ($503M), and United Kingdom ($120M).

Imports In 2022, Saudi Arabia imported $553M in Ethylene Polymers, becoming the 37th largest importer of Ethylene Polymers in the world. At the same year, Ethylene Polymers was the 73rd most imported product in Saudi Arabia. Saudi Arabia imports Ethylene Polymers primarily from: United Arab Emirates ($240M), China ($71.5M), South Korea ($50.4M), United States ($36.5M), and Germany ($31.5M).

The fastest growing import markets in Ethylene Polymers for Saudi Arabia between 2021 and 2022 were China ($28.9M), South Korea ($17.8M), and United States ($11.3M).

Latest Trends

May 2024

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 Ethylene Polymers. 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)$13.1B
IMPORTS (2022)$553M
NET TRADE (2022)$12.6B

In 2022, Saudi Arabia exported $13.1B in Ethylene Polymers. The main destinations of Saudi Arabia exports on Ethylene Polymers were China ($3.11B), Singapore ($1.4B), Vietnam ($962M), United Arab Emirates ($947M), and Turkey ($759M).

In 2022, Saudi Arabia imported $553M in Ethylene Polymers, mainly from United Arab Emirates ($240M), China ($71.5M), South Korea ($50.4M), United States ($36.5M), and Germany ($31.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ethylene Polymers EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
China$906M (41.1%)
Vietnam$503M (109%)
United Kingdom$120M (127%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ethylene Polymers BY Saudi Arabia WERE (2021 - 2022):
Algeria-$264M (-100%)
Jordan-$216M (-59.9%)
Belgium-$174M (-37%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Ethylene Polymers by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $527M
TOP IMPORT POTENTIALUnited States+ $28.2M

Ethylene Polymers’s highest export potential is China. With an export gap of $527M.   Ethylene Polymers’s highest import potential is United States with an import gap of $28.2M.

See methodology.

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