2021
Exports | Imports
$23.8k | $1.84BWorld Rnk 68 / 86
Flag Rnk 983 / 1142
World Rnk 1 / 138
Flag Rnk 8 / 1208
2021
ECONOMIC COMPLEXITY of Saudi Arabia
0.9Rnk 31 / 131
2021
PRODUCT COMPLEXITY IN Iron Reductions
-1.33Rnk 916 / 1024

About

Exports In 2021, Saudi Arabia exported $23.8k in Iron Reductions, making it the 68th largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 983rd most exported product in Saudi Arabia. The main destination of Iron Reductions exports from Saudi Arabia are: Oman ($23k) and South Africa ($804).

The fastest growing export markets for Iron Reductions of Saudi Arabia between 2020 and 2021 were Oman ($23k) and South Africa ($700).

Imports In 2021, Saudi Arabia imported $1.84B in Iron Reductions, becoming the 1st largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 8th most imported product in Saudi Arabia. Saudi Arabia imports Iron Reductions primarily from: Bahrain ($647M), Oman ($568M), Sweden ($543M), Brazil ($80.5M), and Romania ($3.47M).

The fastest growing import markets in Iron Reductions for Saudi Arabia between 2020 and 2021 were Bahrain ($636M), Sweden ($197M), and Brazil ($80.5M).

Latest Trends

Dec 2023

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 Reductions. 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 (2021)$23.8k
IMPORTS (2021)$1.84B
NET TRADE (2021)-$1.84B

In 2021, Saudi Arabia exported $23.8k in Iron Reductions. The main destinations of Saudi Arabia exports on Iron Reductions were Oman ($23k) and South Africa ($804).

In 2021, Saudi Arabia imported $1.84B in Iron Reductions, mainly from Bahrain ($647M), Oman ($568M), Sweden ($543M), Brazil ($80.5M), and Romania ($3.47M).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Iron Reductions EXPORT MARKETS FOR Saudi Arabia WERE (2020 - 2021):
Oman$23k (1%)
South Africa$700 (673%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Reductions BY Saudi Arabia WERE (2020 - 2021):
India-$32.2k (-100%)
Bahrain-$1.13k (-100%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Saudi Arabia's main exporting competitors in Iron Reductions were:
In 2021, Saudi Arabia's main importing competitors in Iron Reductions were:

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Trade Value of Iron Reductions by Exporters

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