2022
Exports
$1.74BWorld Rnk 59 / 226
Flag Rnk 8 / 21
2022
PRODUCT COMPLEXITY IN Machines
2.21Rnk 2 / 1025
2022
Imports
$36.2BWorld Rnk 34 / 226
Flag Rnk 1 / 21
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $1.74B in Machines, making it the 59th largest exporter of Machines in the world. At the same year, Machines was the 8th most exported product in Saudi Arabia. The main destination of Machines exports from Saudi Arabia are: United Arab Emirates ($454M), Kuwait ($426M), Hong Kong ($147M), China ($101M), and Bahrain ($66.2M).

The fastest growing export markets for Machines of Saudi Arabia between 2021 and 2022 were Kuwait ($303M), India ($32.7M), and Hungary ($18.3M).

Imports In 2022, Saudi Arabia imported $36.2B in Machines, becoming the 34th largest importer of Machines in the world. At the same year, Machines was the 1st most imported product in Saudi Arabia. Saudi Arabia imports Machines primarily from: China ($9.35B), United Arab Emirates ($8.85B), United States ($2.55B), Germany ($1.82B), and Italy ($1.71B).

The fastest growing import markets in Machines for Saudi Arabia between 2021 and 2022 were United Arab Emirates ($2.8B), China ($1.16B), and Hong Kong ($711M).

COMPANIES In 2023, leading companies such as REI (Recreational Equipment Incorporated) (35), John Deere (6), and Victaulic (4) were at the forefront of shipping Machines from Saudi Arabia to the United States.

Latest Trends

Oct 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 Machines. 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)$1.74B
IMPORTS (2022)$36.2B
NET TRADE (2022)-$34.4B

In 2022, Saudi Arabia exported $1.74B in Machines. The main destinations of Saudi Arabia exports on Machines were United Arab Emirates ($454M), Kuwait ($426M), Hong Kong ($147M), China ($101M), and Bahrain ($66.2M).

In 2022, Saudi Arabia imported $36.2B in Machines, mainly from China ($9.35B), United Arab Emirates ($8.85B), United States ($2.55B), Germany ($1.82B), and Italy ($1.71B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machines EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Kuwait$303M (246%)
India$32.7M (132%)
Hungary$18.3M (103%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machines BY Saudi Arabia WERE (2021 - 2022):
United Arab Emirates-$575M (-55.9%)
United Kingdom-$275M (-87.6%)
Iraq-$146M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $67.4M
TOP IMPORT POTENTIALChina+ $3.22B

Machines’s highest export potential is United States. With an export gap of $67.4M.   Machines’s highest import potential is China with an import gap of $3.22B.

See methodology.

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