2022
Exports
$89.6MWorld Rnk 33 / 177
Flag Rnk 97 / 1100
2022
PRODUCT COMPLEXITY IN Iron Blocks
-0.42Rnk 679 / 1025
2022
Imports
$239MWorld Rnk 25 / 219
Flag Rnk 156 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $89.6M in Iron Blocks, making it the 33rd largest exporter of Iron Blocks in the world. At the same year, Iron Blocks was the 97th most exported product in Saudi Arabia. The main destination of Iron Blocks exports from Saudi Arabia are: Kuwait ($35.6M), United Arab Emirates ($30.3M), Morocco ($10.3M), Oman ($4.88M), and Jordan ($4.26M).

The fastest growing export markets for Iron Blocks of Saudi Arabia between 2021 and 2022 were Kuwait ($21M), Morocco ($10.3M), and Jordan ($2.25M).

Imports In 2022, Saudi Arabia imported $239M in Iron Blocks, becoming the 25th largest importer of Iron Blocks in the world. At the same year, Iron Blocks was the 156th most imported product in Saudi Arabia. Saudi Arabia imports Iron Blocks primarily from: China ($77.9M), United Arab Emirates ($58.8M), Bahrain ($25.9M), Oman ($18.5M), and Jordan ($17.6M).

The fastest growing import markets in Iron Blocks for Saudi Arabia between 2021 and 2022 were China ($65.7M), Bahrain ($18.8M), and Jordan ($17.2M).

Latest Trends

Jul 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 Iron Blocks. 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)$89.6M
IMPORTS (2022)$239M
NET TRADE (2022)-$149M

In 2022, Saudi Arabia exported $89.6M in Iron Blocks. The main destinations of Saudi Arabia exports on Iron Blocks were Kuwait ($35.6M), United Arab Emirates ($30.3M), Morocco ($10.3M), Oman ($4.88M), and Jordan ($4.26M).

In 2022, Saudi Arabia imported $239M in Iron Blocks, mainly from China ($77.9M), United Arab Emirates ($58.8M), Bahrain ($25.9M), Oman ($18.5M), and Jordan ($17.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Blocks EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Kuwait$21M (144%)
Morocco$10.3M (1%)
Jordan$2.25M (112%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Blocks BY Saudi Arabia WERE (2021 - 2022):
Bahrain-$1.12M (-32.4%)
China-$1.1M (-82.4%)
Oman-$544k (-10%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Iron Blocks were:
China $2.83B
Spain $2.24B
Germany $2.07B
In 2022, Saudi Arabia's main importing competitors in Iron Blocks were:

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Trade Value of Iron Blocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $588k
TOP IMPORT POTENTIALChina+ $7.71M

Iron Blocks’s highest export potential is China. With an export gap of $588k.   Iron Blocks’s highest import potential is China with an import gap of $7.71M.

See methodology.

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