Metals in Saudi Arabia 2020 Exports | Imports : $4.84B | $14.3B, World Rnk 44 / 226 Rnk 5 / 21 | World Rnk 26 / 226 Rnk 3 / 21
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $147M | $390M, China | China
Exports In 2020, Saudi Arabia exported $4.84B in Metals, making it the 44th 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: United Arab Emirates ($615M), United States ($482M), India ($380M), Japan ($291M), and Kuwait ($272M).
The fastest growing export markets for Metals of Saudi Arabia between 2019 and 2020 were China ($147M), Malaysia ($108M), and United Arab Emirates ($54.5M).
Imports In 2020, Saudi Arabia imported $14.3B 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 ($3.29B), United Arab Emirates ($2.42B), Oman ($912M), Bahrain ($854M), and Democratic Republic of the Congo ($563M).
The fastest growing import markets in Metals for Saudi Arabia between 2019 and 2020 were China ($390M), United Arab Emirates ($137M), and Ukraine ($118M).
Tariffs In 2017, the average tariff for Saudi Arabia in Metals was 4.52%. The countries with the highest import tariffs for Metals were Angola (Most Favoured Nation duty rate treatement, 5%), Burundi (Most Favoured Nation duty rate treatement, 5%), Benin (Most Favoured Nation duty rate treatement, 5%), Burkina Faso (Most Favoured Nation duty rate treatement, 5%), and Botswana (Most Favoured Nation duty rate treatement, 5%).
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.
EXPORTS (2020): $4.84B
IMPORTS (2020): $14.3B
NET TRADE (2020): -$9.46B
In 2020, Saudi Arabia exported $4.84B in Metals. The main destinations of Saudi Arabia exports on Metals were United Arab Emirates ($615M), United States ($482M), India ($380M), Japan ($291M), and Kuwait ($272M).
In 2020, Saudi Arabia imported $14.3B in Metals, mainly from China ($3.29B), United Arab Emirates ($2.42B), Oman ($912M), Bahrain ($854M), and Democratic Republic of the Congo ($563M).
IN 2020, Saudi Arabia HAD A POSITIVE NET TRADE IN Metals WITH:
IN 2020, Saudi Arabia HAD A NEGATIVE NET TRADE IN Metals WITH:
THE FASTEST GROWING Metals EXPORT MARKETS FOR Saudi Arabia WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metals BY Saudi Arabia WERE (2019 - 2020):
In 2019, Saudi Arabia's main exporting competitors in Metals were:
In 2019, Saudi Arabia's main importing competitors in Metals were:
In 2017, the average tariff for Saudi Arabia in Metals was 4.52%.
The countries with the highest tariffs for Metals in Saudi Arabia were Angola (Most Favoured Nation duty rate treatement, 5%), Burundi (Most Favoured Nation duty rate treatement, 5%), Benin (Most Favoured Nation duty rate treatement, 5%), Burkina Faso (Most Favoured Nation duty rate treatement, 5%), and Botswana (Most Favoured Nation duty rate treatement, 5%).
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v5.1.8 ant