Ethylene Polymers in Saudi Arabia 2020 Exports | Imports : $9.17B | $336M, World Rnk 2 / 160 Rnk 3 / 1109 | World Rnk 41 / 207 Rnk 104 / 1204
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $49.9M | $9.71M, Jordan | China
2020 ECONOMIC COMPLEXITY of Saudi Arabia: 0.86, Rnk 32 / 127
2020 PRODUCT COMPLEXITY IN Ethylene Polymers: 0.025, Rnk 543 / 1029
Exports In 2020, Saudi Arabia exported $9.17B 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 ($2.17B), Singapore ($1.38B), United Arab Emirates ($543M), Malaysia ($520M), and Vietnam ($399M).
The fastest growing export markets for Ethylene Polymers of Saudi Arabia between 2019 and 2020 were Jordan ($49.9M), Palestine ($40.9M), and Togo ($7.75M).
Imports In 2020, Saudi Arabia imported $336M in Ethylene Polymers, becoming the 41st largest importer of Ethylene Polymers in the world. At the same year, Ethylene Polymers was the 104th most imported product in Saudi Arabia. Saudi Arabia imports Ethylene Polymers primarily from: United Arab Emirates ($152M), South Korea ($30.4M), China ($20.4M), Germany ($20.3M), and United States ($15.1M).
The fastest growing import markets in Ethylene Polymers for Saudi Arabia between 2019 and 2020 were China ($9.71M), United Arab Emirates ($9.5M), and India ($5.21M).
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 (Most Favoured Nation duty rate treatement, 5%), Burundi (Most Favoured Nation duty rate treatement, 5%), Benin (Most Favoured Nation duty rate treatement, 5%), Burkina Faso (Most Favoured Nation duty rate treatement, 5%), and Botswana (Most Favoured Nation duty rate treatement, 5%).
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.
EXPORTS (2020): $9.17B
IMPORTS (2020): $336M
NET TRADE (2020): $8.83B
In 2020, Saudi Arabia exported $9.17B in Ethylene Polymers. The main destinations of Saudi Arabia exports on Ethylene Polymers were China ($2.17B), Singapore ($1.38B), United Arab Emirates ($543M), Malaysia ($520M), and Vietnam ($399M).
In 2020, Saudi Arabia imported $336M in Ethylene Polymers, mainly from United Arab Emirates ($152M), South Korea ($30.4M), China ($20.4M), Germany ($20.3M), and United States ($15.1M).
THE FASTEST GROWING Ethylene Polymers EXPORT MARKETS FOR Saudi Arabia WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ethylene Polymers BY Saudi Arabia WERE (2019 - 2020):
In 2020, Saudi Arabia's main exporting competitors in Ethylene Polymers were:
In 2020, Saudi Arabia's main importing competitors in Ethylene Polymers were:
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