HS Icon Packaged Medicaments in  Flag Saudi Arabia

2020
Exports | Imports
: $342M | $3.14B, World Rnk 49 / 210
Flag Rnk 34 / 1109 | World Rnk 25 / 224
Flag Rnk 4 / 1204

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $28.8M | $152M, Egypt |  Germany


ECONOMIC COMPLEXITY of Saudi Arabia
: 0.86, Rnk 32 / 127


PRODUCT COMPLEXITY  IN Packaged Medicaments
: 0.58, Rnk 332 / 1028

Exports In 2020, Saudi Arabia exported $342M in Packaged Medicaments, making it the 49th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 34th most exported product in Saudi Arabia. The main destination of Packaged Medicaments exports from Saudi Arabia are: United Arab Emirates ($82.8M), Iraq ($44M), Egypt ($42.2M), Kuwait ($33.3M), and Oman ($25M).

The fastest growing export markets for Packaged Medicaments of Saudi Arabia between 2019 and 2020 were Egypt ($28.8M), Iraq ($12.2M), and Kuwait ($3.4M).

Imports In 2020, Saudi Arabia imported $3.14B in Packaged Medicaments, becoming the 25th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 4th most imported product in Saudi Arabia. Saudi Arabia imports Packaged Medicaments primarily from: Germany ($490M), Switzerland ($409M), France ($300M), Denmark ($269M), and Sweden ($235M).

The fastest growing import markets in Packaged Medicaments for Saudi Arabia between 2019 and 2020 were Germany ($152M), United States ($67.2M), and Sweden ($45.4M).

Subnational Monthly Trade

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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 Packaged Medicaments. 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

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EXPORTS (2020): $342M

IMPORTS (2020): $3.14B

NET TRADE (2020): -$2.8B

In 2020, Saudi Arabia exported $342M in Packaged Medicaments. The main destinations of Saudi Arabia exports on Packaged Medicaments were United Arab Emirates ($82.8M), Iraq ($44M), Egypt ($42.2M), Kuwait ($33.3M), and Oman ($25M).

In 2020, Saudi Arabia imported $3.14B in Packaged Medicaments, mainly from Germany ($490M), Switzerland ($409M), France ($300M), Denmark ($269M), and Sweden ($235M).

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IN 2020, Saudi Arabia HAD A POSITIVE NET TRADE IN Packaged Medicaments WITH:

IN 2020, Saudi Arabia HAD A NEGATIVE NET TRADE IN Packaged Medicaments WITH:

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THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Saudi Arabia WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Saudi Arabia WERE (2019 - 2020):

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Market Concentration

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In 2019, Saudi Arabia's main exporting competitors in Packaged Medicaments were:

In 2019, Saudi Arabia's main importing competitors in Packaged Medicaments were:

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Tariffs by Country

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In 2017, the tariffs for Packaged Medicaments in the imports of Saudi Arabia were of 0% around the world.