Mineral Products in Saudi Arabia 2021 Exports | Imports : $181B | $9.27B, World Rnk 4 / 225 Rnk 1 / 21 | World Rnk 47 / 226 Rnk 5 / 21
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $14.6B | $1.57B, China | India
2021 ECONOMIC COMPLEXITY of Saudi Arabia: 0.9, Rnk 31 / 131
2021 PRODUCT COMPLEXITY IN Mineral Products: -0.05, Rnk 567 / 1029
Exports In 2021, Saudi Arabia exported $181B in Mineral Products, making it the 4th largest exporter of Mineral Products in the world. At the same year, Mineral Products was the 1st most exported product in Saudi Arabia. The main destination of Mineral Products exports from Saudi Arabia are: China ($40.2B), Japan ($23.1B), South Korea ($20.3B), India ($20B), and United States ($10.2B).
The fastest growing export markets for Mineral Products of Saudi Arabia between 2020 and 2021 were China ($14.6B), Japan ($7.45B), and India ($7.02B).
Imports In 2021, Saudi Arabia imported $9.27B in Mineral Products, becoming the 47th largest importer of Mineral Products in the world. At the same year, Mineral Products was the 5th most imported product in Saudi Arabia. Saudi Arabia imports Mineral Products primarily from: India ($2.27B), Greece ($1.1B), Russia ($894M), United Arab Emirates ($868M), and Egypt ($720M).
The fastest growing import markets in Mineral Products for Saudi Arabia between 2020 and 2021 were India ($1.57B), Greece ($835M), and Russia ($500M).
Tariffs In 2017, the average tariff for Saudi Arabia in Mineral Products was 4.5%. The countries with the highest import tariffs for Mineral Products were Angola (Most Favoured Nation duty rate treatment, 5%), Burundi (Most Favoured Nation duty rate treatment, 5%), Benin (Most Favoured Nation duty rate treatment, 5%), Burkina Faso (Most Favoured Nation duty rate treatment, 5%), and Botswana (Most Favoured Nation duty rate treatment, 5%).
Mar 2023
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 Mineral Products. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2021): $181B
IMPORTS (2021): $9.27B
NET TRADE (2021): $172B
In 2021, Saudi Arabia exported $181B in Mineral Products. The main destinations of Saudi Arabia exports on Mineral Products were China ($40.2B), Japan ($23.1B), South Korea ($20.3B), India ($20B), and United States ($10.2B).
In 2021, Saudi Arabia imported $9.27B in Mineral Products, mainly from India ($2.27B), Greece ($1.1B), Russia ($894M), United Arab Emirates ($868M), and Egypt ($720M).
THE FASTEST GROWING Mineral Products EXPORT MARKETS FOR Saudi Arabia WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral Products BY Saudi Arabia WERE (2020 - 2021):
In 2021, Saudi Arabia's main exporting competitors in Mineral Products were:
In 2021, Saudi Arabia's main importing competitors in Mineral Products were:
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