2022
Exports | Imports
$2.57M | $1.92BWorld Rnk 68 / 128
Flag Rnk 376 / 1100
World Rnk 8 / 130
Flag Rnk 10 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 34 / 124
2022
PRODUCT COMPLEXITY IN Iron Ore
-1.81Rnk 979 / 1025

About

Exports In 2022, Saudi Arabia exported $2.57M in Iron Ore, making it the 68th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 376th most exported product in Saudi Arabia. The main destination of Iron Ore exports from Saudi Arabia are: Jordan ($2.56M), United Arab Emirates ($2k), China ($800), Netherlands ($56), and Portugal ($25).

The fastest growing export markets for Iron Ore of Saudi Arabia between 2021 and 2022 were Jordan ($1.96M), United Arab Emirates ($2k), and China ($800).

Imports In 2022, Saudi Arabia imported $1.92B in Iron Ore, becoming the 8th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 10th most imported product in Saudi Arabia. Saudi Arabia imports Iron Ore primarily from: Oman ($757M), Bahrain ($693M), Sweden ($425M), Brazil ($45.9M), and Jordan ($385k).

The fastest growing import markets in Iron Ore for Saudi Arabia between 2021 and 2022 were Oman ($438M), Bahrain ($154M), and Jordan ($385k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Iron Ore from Saudi Arabia to the United States.

Latest Trends

Feb 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 Ore. 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)$2.57M
IMPORTS (2022)$1.92B
NET TRADE (2022)-$1.92B

In 2022, Saudi Arabia exported $2.57M in Iron Ore. The main destinations of Saudi Arabia exports on Iron Ore were Jordan ($2.56M), United Arab Emirates ($2k), China ($800), Netherlands ($56), and Portugal ($25).

In 2022, Saudi Arabia imported $1.92B in Iron Ore, mainly from Oman ($757M), Bahrain ($693M), Sweden ($425M), Brazil ($45.9M), and Jordan ($385k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Jordan$1.96M (323%)
China$800 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Saudi Arabia WERE (2021 - 2022):
United Kingdom-$15.7M (-100%)
South Africa-$322 (-100%)
Netherlands-$113 (-66.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Iron Ore were:
Brazil $30.1B
Canada $6.81B
In 2022, Saudi Arabia's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

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