2023
Exports
$7.47BWorld Rnk 39 / 226
Flag Rnk 5 / 21
2023
PRODUCT COMPLEXITY IN Metals
1.83Rnk 12 / 1025
2023
Imports
$18.5BWorld Rnk 26 / 226
Flag Rnk 3 / 21
2023
ECONOMIC COMPLEXITY of Saudi Arabia
0.76Rnk 36 / 132

About

Exports In 2023, Saudi Arabia exported $7.47B in Metals, making it the 39th largest exporter of Metals in the world. At the same year, Metals was the 5th most exported product in Saudi Arabia. The main destination of Metals exports from Saudi Arabia are: India ($862M), United Arab Emirates ($760M), China ($378M), Iraq ($363M), and Chile ($346M).

The fastest growing export markets for Metals of Saudi Arabia between 2022 and 2023 were Chile ($317M), Iraq ($101M), and United Arab Emirates ($67.5M).

Imports In 2023, Saudi Arabia imported $18.5B in Metals, becoming the 26th largest importer of Metals in the world. At the same year, Metals was the 3rd most imported product in Saudi Arabia. Saudi Arabia imports Metals primarily from: China ($5.24B), India ($1.83B), Bahrain ($1.46B), United Arab Emirates ($1.39B), and Oman ($971M).

The fastest growing import markets in Metals for Saudi Arabia between 2022 and 2023 were India ($784M), Republic of the Congo ($618M), and China ($373M).

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 Metals. 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)$7.47B
IMPORTS (2023)$18.5B
NET TRADE (2023)-$11B

In 2023, Saudi Arabia exported $7.47B in Metals. The main destinations of Saudi Arabia exports on Metals were India ($862M), United Arab Emirates ($760M), China ($378M), Iraq ($363M), and Chile ($346M).

In 2023, Saudi Arabia imported $18.5B in Metals, mainly from China ($5.24B), India ($1.83B), Bahrain ($1.46B), United Arab Emirates ($1.39B), and Oman ($971M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metals EXPORT MARKETS FOR Saudi Arabia WERE (2022 - 2023):
Chile$317M (1.07k%)
Iraq$101M (38.6%)
United Arab Emirates$67.5M (9.75%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metals BY Saudi Arabia WERE (2022 - 2023):
United States-$387M (-55%)
Japan-$326M (-51.4%)
Switzerland-$160M (-43.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Metals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $180M
TOP IMPORT POTENTIALIndia+ $339M

Metals’s highest export potential is China. With an export gap of $180M.   Metals’s highest import potential is India with an import gap of $339M.

See methodology.

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