2023
Exports
$243MWorld Rnk 40 / 199
Flag Rnk 65 / 1148
2023
PRODUCT COMPLEXITY IN Gas Turbines
0.7Rnk 283 / 1025
2023
Imports
$2.6BWorld Rnk 20 / 210
Flag Rnk 8 / 1206
2023
ECONOMIC COMPLEXITY of Saudi Arabia
0.76Rnk 36 / 132

About

Exports In 2023, Saudi Arabia exported $243M in Gas Turbines, making it the 40th largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 65th most exported product in Saudi Arabia. The main destination of Gas Turbines exports from Saudi Arabia are: Netherlands ($102M), Hong Kong ($40.2M), France ($26.5M), Belgium ($21.3M), and Italy ($7.65M).

The fastest growing export markets for Gas Turbines of Saudi Arabia between 2022 and 2023 were Netherlands ($71.2M), France ($24.6M), and Belgium ($17.7M).

Imports In 2023, Saudi Arabia imported $2.6B in Gas Turbines, becoming the 20th largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 8th most imported product in Saudi Arabia. Saudi Arabia imports Gas Turbines primarily from: United Kingdom ($1.19B), United States ($615M), France ($347M), Germany ($62.3M), and Ireland ($48.2M).

The fastest growing import markets in Gas Turbines for Saudi Arabia between 2022 and 2023 were United Kingdom ($405M), United States ($145M), and Ireland ($48.1M).

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 Gas Turbines. 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)$243M
IMPORTS (2023)$2.6B
NET TRADE (2023)-$2.36B

In 2023, Saudi Arabia exported $243M in Gas Turbines. The main destinations of Saudi Arabia exports on Gas Turbines were Netherlands ($102M), Hong Kong ($40.2M), France ($26.5M), Belgium ($21.3M), and Italy ($7.65M).

In 2023, Saudi Arabia imported $2.6B in Gas Turbines, mainly from United Kingdom ($1.19B), United States ($615M), France ($347M), Germany ($62.3M), and Ireland ($48.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gas Turbines EXPORT MARKETS FOR Saudi Arabia WERE (2022 - 2023):
Netherlands$71.2M (229%)
France$24.6M (1.32k%)
Belgium$17.7M (493%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas Turbines BY Saudi Arabia WERE (2022 - 2023):
Hong Kong-$81.1M (-66.8%)
Singapore-$19.5M (-97.6%)
Japan-$12M (-92.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Saudi Arabia's main exporting competitors in Gas Turbines were:
In 2023, Saudi Arabia's main importing competitors in Gas Turbines were:

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Trade Value of Gas Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.56M
TOP IMPORT POTENTIALUnited States+ $69.6M

Gas Turbines’s highest export potential is United States. With an export gap of $9.56M.   Gas Turbines’s highest import potential is United States with an import gap of $69.6M.

See methodology.

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