2022
Exports
$16.5MWorld Rnk 79 / 226
Flag Rnk 202 / 1100
2022
PRODUCT COMPLEXITY IN Motor vehicles; parts and accessories (8701 to 8705)
1Rnk 170 / 1025
2022
Imports
$1.57BWorld Rnk 36 / 225
Flag Rnk 15 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $16.5M in Motor vehicles; parts and accessories (8701 to 8705), making it the 79th largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 202nd most exported product in Saudi Arabia. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Saudi Arabia are: Hong Kong ($6.49M), Egypt ($2.86M), Kuwait ($2.51M), Austria ($1.31M), and Oman ($968k).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Saudi Arabia between 2021 and 2022 were Kuwait ($1.73M), Austria ($1.31M), and Egypt ($850k).

Imports In 2022, Saudi Arabia imported $1.57B in Motor vehicles; parts and accessories (8701 to 8705), becoming the 36th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 15th most imported product in Saudi Arabia. Saudi Arabia imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: United Arab Emirates ($636M), China ($252M), Japan ($188M), Thailand ($92.8M), and United States ($87.9M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Saudi Arabia between 2021 and 2022 were United Arab Emirates ($174M), China ($83.9M), and Thailand ($14.9M).

COMPANIES In 2023, leading companies such as General Motors (1) were at the forefront of shipping Motor vehicles; parts and accessories (8701 to 8705) from Saudi Arabia to the United States.

Latest Trends

Jul 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 Motor vehicles; parts and accessories (8701 to 8705). 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 (2022)$16.5M
IMPORTS (2022)$1.57B
NET TRADE (2022)-$1.55B

In 2022, Saudi Arabia exported $16.5M in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of Saudi Arabia exports on Motor vehicles; parts and accessories (8701 to 8705) were Hong Kong ($6.49M), Egypt ($2.86M), Kuwait ($2.51M), Austria ($1.31M), and Oman ($968k).

In 2022, Saudi Arabia imported $1.57B in Motor vehicles; parts and accessories (8701 to 8705), mainly from United Arab Emirates ($636M), China ($252M), Japan ($188M), Thailand ($92.8M), and United States ($87.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Kuwait$1.73M (221%)
Austria$1.31M (101k%)
Egypt$850k (42.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY Saudi Arabia WERE (2021 - 2022):
United Arab Emirates-$41.7M (-99%)
Sudan-$13.1M (-100%)
Germany-$3.87M (-96%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:
In 2022, Saudi Arabia's main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

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Trade Value of Motor vehicles; parts and accessories (8701 to 8705) by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALEgypt+ $1.37M
TOP IMPORT POTENTIALChina+ $171M

Motor vehicles; parts and accessories (8701 to 8705)’s highest export potential is Egypt. With an export gap of $1.37M.   Motor vehicles; parts and accessories (8701 to 8705)’s highest import potential is China with an import gap of $171M.

See methodology.

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