Exports In 2020, Saudi Arabia exported $2.87B in Machines, making it the 54th 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 ($755M), Bahrain ($246M), United States ($200M), China ($191M), and Hong Kong ($182M).
The fastest growing export markets for Machines of Saudi Arabia between 2019 and 2020 were United Arab Emirates ($317M), Bahrain ($176M), and United States ($159M).
Imports In 2020, Saudi Arabia imported $31.7B 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 ($11.1B), United Arab Emirates ($5.3B), United States ($2.43B), Germany ($1.69B), and Italy ($1.63B).
The fastest growing import markets in Machines for Saudi Arabia between 2019 and 2020 were China ($2.75B), Finland ($91.7M), and Italy ($90M).
Tariffs In 2017, the average tariff for Saudi Arabia in Machines was 3.53%. The countries with the highest import tariffs for Machines were Angola (Most Favoured Nation duty rate treatement, 3.92%), Burundi (Most Favoured Nation duty rate treatement, 3.92%), Benin (Most Favoured Nation duty rate treatement, 3.92%), Burkina Faso (Most Favoured Nation duty rate treatement, 3.92%), and Botswana (Most Favoured Nation duty rate treatement, 3.92%).