2023
Exports
$1.44BWorld Rnk 1 / 108
Flag Rnk 12 / 1148
2023
PRODUCT COMPLEXITY IN Other Sea Vessels
-0.41Rnk 668 / 1025
2023
Imports
$615MWorld Rnk 2 / 186
Flag Rnk 71 / 1206
2023
ECONOMIC COMPLEXITY of Saudi Arabia
0.76Rnk 36 / 132

About

Exports In 2023, Saudi Arabia exported $1.44B in Other Sea Vessels, making it the 1st largest exporter of Other Sea Vessels in the world. At the same year, Other Sea Vessels was the 12th most exported product in Saudi Arabia. The main destination of Other Sea Vessels exports from Saudi Arabia are: United Arab Emirates ($734M), Qatar ($391M), Bahrain ($271M), Kuwait ($16M), and France ($11.2M).

The fastest growing export markets for Other Sea Vessels of Saudi Arabia between 2022 and 2023 were Qatar ($379M), Bahrain ($254M), and Oman ($8.65M).

Imports In 2023, Saudi Arabia imported $615M in Other Sea Vessels, becoming the 2nd largest importer of Other Sea Vessels in the world. At the same year, Other Sea Vessels was the 71st most imported product in Saudi Arabia. Saudi Arabia imports Other Sea Vessels primarily from: Netherlands ($217M), Indonesia ($191M), India ($56.5M), Vietnam ($46M), and United Arab Emirates ($27.2M).

The fastest growing import markets in Other Sea Vessels for Saudi Arabia between 2022 and 2023 were Netherlands ($215M), India ($50.5M), and Indonesia ($40.4M).

Latest Trends

Dec 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 Other Sea Vessels. 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 (2023)$1.44B
IMPORTS (2023)$615M
NET TRADE (2023)$830M

In 2023, Saudi Arabia exported $1.44B in Other Sea Vessels. The main destinations of Saudi Arabia exports on Other Sea Vessels were United Arab Emirates ($734M), Qatar ($391M), Bahrain ($271M), Kuwait ($16M), and France ($11.2M).

In 2023, Saudi Arabia imported $615M in Other Sea Vessels, mainly from Netherlands ($217M), Indonesia ($191M), India ($56.5M), Vietnam ($46M), and United Arab Emirates ($27.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Sea Vessels EXPORT MARKETS FOR Saudi Arabia WERE (2022 - 2023):
Qatar$379M (3.23k%)
Bahrain$254M (1.48k%)
Oman$8.65M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Sea Vessels BY Saudi Arabia WERE (2022 - 2023):
United Arab Emirates-$266M (-26.6%)
United States-$3.43M (-100%)
Netherlands-$53.3k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Saudi Arabia's main exporting competitors in Other Sea Vessels were:
India $493M
China $390M
In 2023, Saudi Arabia's main importing competitors in Other Sea Vessels were:

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Trade Value of Other Sea Vessels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $502
TOP IMPORT POTENTIALUnited States+ $2.6M

Other Sea Vessels’s highest export potential is India. With an export gap of $502.   Other Sea Vessels’s highest import potential is United States with an import gap of $2.6M.

See methodology.

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