2023
Exports
$28.9MWorld Rnk 35 / 136
Flag Rnk 176 / 1148
2023
PRODUCT COMPLEXITY IN Frozen Bovine Meat
-1.1Rnk 854 / 1025
2023
Imports
$534MWorld Rnk 11 / 225
Flag Rnk 79 / 1206
2023
ECONOMIC COMPLEXITY of Saudi Arabia
0.76Rnk 36 / 132

About

Exports In 2023, Saudi Arabia exported $28.9M in Frozen Bovine Meat, making it the 35th largest exporter of Frozen Bovine Meat in the world. At the same year, Frozen Bovine Meat was the 176th most exported product in Saudi Arabia. The main destination of Frozen Bovine Meat exports from Saudi Arabia are: Malaysia ($13.5M), United Arab Emirates ($3.82M), Iraq ($3.8M), Sudan ($1.93M), and Bahrain ($1.78M).

The fastest growing export markets for Frozen Bovine Meat of Saudi Arabia between 2022 and 2023 were Malaysia ($13.5M), Iraq ($2.91M), and Bahrain ($1.75M).

Imports In 2023, Saudi Arabia imported $534M in Frozen Bovine Meat, becoming the 11th largest importer of Frozen Bovine Meat in the world. At the same year, Frozen Bovine Meat was the 79th most imported product in Saudi Arabia. Saudi Arabia imports Frozen Bovine Meat primarily from: India ($243M), Brazil ($141M), Australia ($73.9M), Russia ($18.6M), and New Zealand ($17.1M).

The fastest growing import markets in Frozen Bovine Meat for Saudi Arabia between 2022 and 2023 were India ($56.6M), Brazil ($18.7M), and New Zealand ($7.59M).

Latest Trends

Dec 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 Frozen Bovine Meat. 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 (2023)$28.9M
IMPORTS (2023)$534M
NET TRADE (2023)-$505M

In 2023, Saudi Arabia exported $28.9M in Frozen Bovine Meat. The main destinations of Saudi Arabia exports on Frozen Bovine Meat were Malaysia ($13.5M), United Arab Emirates ($3.82M), Iraq ($3.8M), Sudan ($1.93M), and Bahrain ($1.78M).

In 2023, Saudi Arabia imported $534M in Frozen Bovine Meat, mainly from India ($243M), Brazil ($141M), Australia ($73.9M), Russia ($18.6M), and New Zealand ($17.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Frozen Bovine Meat EXPORT MARKETS FOR Saudi Arabia WERE (2022 - 2023):
Malaysia$13.5M (1%)
Iraq$2.91M (327%)
Bahrain$1.75M (6.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Frozen Bovine Meat BY Saudi Arabia WERE (2022 - 2023):
Bangladesh-$4.34M (-100%)
United Arab Emirates-$3.17M (-45.3%)
Pakistan-$1.61M (-92.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Saudi Arabia's main exporting competitors in Frozen Bovine Meat were:
In 2023, Saudi Arabia's main importing competitors in Frozen Bovine Meat were:

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Trade Value of Frozen Bovine Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $812k
TOP IMPORT POTENTIALBrazil+ $27.5M

Frozen Bovine Meat’s highest export potential is United Arab Emirates. With an export gap of $812k.   Frozen Bovine Meat’s highest import potential is Brazil with an import gap of $27.5M.

See methodology.

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