Mineral fuels, mineral oils and products of their distillation in Saudi Arabia

2019
Exports | Imports
: $171B | $4.33B, World Rnk 3 / 218
Flag Rnk 1 / 96 | World Rnk 62 / 225
Flag Rnk 6 / 96

2019
Destination | Origin
: $36.6B | $709M, China | Greece

2018 - 2019
FASTEST GROWING MARKET |  FASTEST GROWING ORIGIN
: $9.01B | $334M, China |  Bahrain

2019
ECONOMIC COMPLEXITY of Saudi Arabia
: 0.92, Rnk 33 / 157

2019
PRODUCT COMPLEXITY  IN Mineral fuels, mineral oils and products of their distillation
: -2.45, Rnk 96 / 96

Exports: In 2019, Saudi Arabia exported $171B in Mineral fuels, mineral oils and products of their distillation, making it the 3rd largest exporter of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 1st most exported product in Saudi Arabia. The main destination of Mineral fuels, mineral oils and products of their distillation exports from Saudi Arabia are: China ($36.6B), Japan ($23.6B), India ($20.8B), South Korea ($18.6B), and United States ($11B).

The fastest growing export markets for Mineral fuels, mineral oils and products of their distillation of Saudi Arabia between 2018 and 2019 were China ($9.01B), Poland ($664M), and United Arab Emirates ($260M).

Imports: In 2019, Saudi Arabia imported $4.33B in Mineral fuels, mineral oils and products of their distillation, becoming the 62nd largest importer of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 6th most imported product in Saudi Arabia. Saudi Arabia imports Mineral fuels, mineral oils and products of their distillation primarily from: Greece ($709M), Netherlands ($691M), United Arab Emirates ($481M), India ($414M), and Bahrain ($369M).

The fastest growing import markets in Mineral fuels, mineral oils and products of their distillation for Saudi Arabia between 2018 and 2019 were Bahrain ($334M), Egypt ($312M), and Lithuania ($237M).

Tariffs: In 2017, the average tariff for Saudi Arabia in Mineral fuels, mineral oils and products of their... was 4.5%. The countries with the highest import tariffs for Mineral fuels, mineral oils and products of their... were Angola (5%), Burundi (5%), Benin (5%), Burkina Faso (5%), and Botswana (5%).

Value

EXPORTS (2019): $171B

IMPORTS (2019): $4.33B

NET TRADE (2019): $167B

In 2019, Saudi Arabia exported $171B in Mineral fuels, mineral oils and products of their distillation. The main destinations of Saudi Arabia exports on Mineral fuels, mineral oils and products of their distillation were China ($36.6B), Japan ($23.6B), India ($20.8B), South Korea ($18.6B), and United States ($11B).

In 2019, Saudi Arabia imported $4.33B in Mineral fuels, mineral oils and products of their distillation, mainly from Greece ($709M), Netherlands ($691M), United Arab Emirates ($481M), India ($414M), and Bahrain ($369M).

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IN 2019, Saudi Arabia HAD A POSITIVE NET TRADE IN Mineral fuels, mineral oils and products of their distillation WITH:

IN 2019, Saudi Arabia HAD A NEGATIVE NET TRADE IN Mineral fuels, mineral oils and products of their distillation WITH:

Flow

THE FASTEST GROWING Mineral fuels, mineral oils and products of their distillation EXPORT MARKETS FOR Saudi Arabia WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral fuels, mineral oils and products of their distillation BY Saudi Arabia WERE (2018 - 2019):

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Market Concentration

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In 2018, Saudi Arabia's main exporting competitors in Mineral fuels, mineral oils and products of their distillation were:

In 2018, Saudi Arabia's main importing competitors in Mineral fuels, mineral oils and products of their distillation were:

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