2022
Exports
$194MWorld Rnk 62 / 226
Flag Rnk 15 / 21
2022
PRODUCT COMPLEXITY IN Instruments
2.12Rnk 3 / 1025
2022
Imports
$4.37BWorld Rnk 32 / 226
Flag Rnk 13 / 21
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $194M in Instruments, making it the 62nd largest exporter of Instruments in the world. At the same year, Instruments was the 15th most exported product in Saudi Arabia. The main destination of Instruments exports from Saudi Arabia are: Hong Kong ($76M), Netherlands ($21.2M), Switzerland ($19.3M), France ($14.9M), and United Kingdom ($10.9M).

The fastest growing export markets for Instruments of Saudi Arabia between 2021 and 2022 were Netherlands ($5M), United Kingdom ($1.49M), and Switzerland ($1.04M).

Imports In 2022, Saudi Arabia imported $4.37B in Instruments, becoming the 32nd largest importer of Instruments in the world. At the same year, Instruments was the 13th most imported product in Saudi Arabia. Saudi Arabia imports Instruments primarily from: United States ($665M), United Arab Emirates ($602M), Germany ($559M), Netherlands ($443M), and Switzerland ($432M).

The fastest growing import markets in Instruments for Saudi Arabia between 2021 and 2022 were United Arab Emirates ($209M), Netherlands ($96.9M), and United States ($93.4M).

Latest Trends

Aug 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 Instruments. 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)$194M
IMPORTS (2022)$4.37B
NET TRADE (2022)-$4.18B

In 2022, Saudi Arabia exported $194M in Instruments. The main destinations of Saudi Arabia exports on Instruments were Hong Kong ($76M), Netherlands ($21.2M), Switzerland ($19.3M), France ($14.9M), and United Kingdom ($10.9M).

In 2022, Saudi Arabia imported $4.37B in Instruments, mainly from United States ($665M), United Arab Emirates ($602M), Germany ($559M), Netherlands ($443M), and Switzerland ($432M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Instruments EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Netherlands$5M (30.8%)
United Kingdom$1.49M (15.9%)
Switzerland$1.04M (5.68%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Instruments BY Saudi Arabia WERE (2021 - 2022):
United Arab Emirates-$126M (-93.8%)
Bahrain-$32.7M (-97.9%)
China-$13.4M (-80.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $7.23M
TOP IMPORT POTENTIALChina+ $224M

Instruments’s highest export potential is Germany. With an export gap of $7.23M.   Instruments’s highest import potential is China with an import gap of $224M.

See methodology.

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