2022
Exports
$26.7kWorld Rnk 65 / 95
Flag Rnk 895 / 1100
2022
PRODUCT COMPLEXITY IN Nitrile Compounds
1.07Rnk 146 / 1025
2022
Imports
$18.1MWorld Rnk 35 / 178
Flag Rnk 606 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $26.7k in Nitrile Compounds, making it the 65th largest exporter of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 895th most exported product in Saudi Arabia. The main destination of Nitrile Compounds exports from Saudi Arabia are: Kuwait ($25.6k), Canada ($652), Netherlands ($258), and India ($178).

The fastest growing export markets for Nitrile Compounds of Saudi Arabia between 2021 and 2022 were Kuwait ($25.6k), Canada ($401), and Netherlands ($258).

Imports In 2022, Saudi Arabia imported $18.1M in Nitrile Compounds, becoming the 35th largest importer of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 606th most imported product in Saudi Arabia. Saudi Arabia imports Nitrile Compounds primarily from: United States ($14.2M), China ($2.98M), Belgium ($236k), South Korea ($161k), and India ($161k).

The fastest growing import markets in Nitrile Compounds for Saudi Arabia between 2021 and 2022 were Belgium ($184k), Spain ($51.4k), and France ($34.5k).

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 Nitrile Compounds. 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)$26.7k
IMPORTS (2022)$18.1M
NET TRADE (2022)-$18.1M

In 2022, Saudi Arabia exported $26.7k in Nitrile Compounds. The main destinations of Saudi Arabia exports on Nitrile Compounds were Kuwait ($25.6k), Canada ($652), Netherlands ($258), and India ($178).

In 2022, Saudi Arabia imported $18.1M in Nitrile Compounds, mainly from United States ($14.2M), China ($2.98M), Belgium ($236k), South Korea ($161k), and India ($161k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrile Compounds EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Kuwait$25.6k (1%)
Canada$401 (160%)
Netherlands$258 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrile Compounds BY Saudi Arabia WERE (2021 - 2022):
United Arab Emirates-$9.79k (-100%)
Austria-$4.75k (-100%)
Malaysia-$862 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Nitrile Compounds were:
In 2022, Saudi Arabia's main importing competitors in Nitrile Compounds were:

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Trade Value of Nitrile Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $2.21k
TOP IMPORT POTENTIALChina+ $2.35M

Nitrile Compounds’s highest export potential is India. With an export gap of $2.21k.   Nitrile Compounds’s highest import potential is China with an import gap of $2.35M.

See methodology.

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