2023
Exports
$2.94BWorld Rnk 58 / 226
Flag Rnk 6 / 21
2023
PRODUCT COMPLEXITY IN Machines
2.12Rnk 2 / 1025
2023
Imports
$43.4BWorld Rnk 32 / 226
Flag Rnk 1 / 21
2023
ECONOMIC COMPLEXITY of Saudi Arabia
0.76Rnk 36 / 132

About

Exports In 2023, Saudi Arabia exported $2.94B in Machines, making it the 58th largest exporter of Machines in the world. At the same year, Machines was the 6th most exported product in Saudi Arabia. The main destination of Machines exports from Saudi Arabia are: United Arab Emirates ($800M), China ($239M), Kuwait ($188M), Iraq ($152M), and Netherlands ($128M).

The fastest growing export markets for Machines of Saudi Arabia between 2022 and 2023 were United Arab Emirates ($153M), China ($110M), and France ($97M).

Imports In 2023, Saudi Arabia imported $43.4B in Machines, becoming the 32nd 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 ($16.2B), United States ($3.98B), United Kingdom ($2.36B), Germany ($2.25B), and Italy ($2.2B).

The fastest growing import markets in Machines for Saudi Arabia between 2022 and 2023 were China ($3.27B), United States ($965M), and United Kingdom ($816M).

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

Dec 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 (2023)$2.94B
IMPORTS (2023)$43.4B
NET TRADE (2023)-$40.5B

In 2023, Saudi Arabia exported $2.94B in Machines. The main destinations of Saudi Arabia exports on Machines were United Arab Emirates ($800M), China ($239M), Kuwait ($188M), Iraq ($152M), and Netherlands ($128M).

In 2023, Saudi Arabia imported $43.4B in Machines, mainly from China ($16.2B), United States ($3.98B), United Kingdom ($2.36B), Germany ($2.25B), and Italy ($2.2B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Machines EXPORT MARKETS FOR Saudi Arabia WERE (2022 - 2023):
China$110M (85.1%)
France$97M (729%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machines BY Saudi Arabia WERE (2022 - 2023):
United Kingdom-$261M (-76.7%)
Hong Kong-$170M (-63.9%)
Germany-$142M (-74.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Saudi Arabia's main exporting competitors in Machines were:
In 2023, 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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