2021
Exports | Imports
$344M | $3.13BWorld Rnk 51 / 213
Flag Rnk 45 / 1142
World Rnk 25 / 224
Flag Rnk 5 / 1208
2021
ECONOMIC COMPLEXITY of Saudi Arabia
0.9Rnk 31 / 131
2021
PRODUCT COMPLEXITY IN Packaged Medicaments
0.65Rnk 304 / 1024

About

Exports In 2021, Saudi Arabia exported $344M in Packaged Medicaments, making it the 51st largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 45th most exported product in Saudi Arabia. The main destination of Packaged Medicaments exports from Saudi Arabia are: United Arab Emirates ($97.4M), Iraq ($45.1M), Egypt ($35.5M), Kuwait ($33M), and Oman ($27.4M).

The fastest growing export markets for Packaged Medicaments of Saudi Arabia between 2020 and 2021 were United Arab Emirates ($14.6M), Oman ($4.26M), and Sudan ($2.21M).

Imports In 2021, Saudi Arabia imported $3.13B in Packaged Medicaments, becoming the 25th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 5th most imported product in Saudi Arabia. Saudi Arabia imports Packaged Medicaments primarily from: Germany ($394M), Switzerland ($338M), Denmark ($286M), United Kingdom ($262M), and United States ($251M).

The fastest growing import markets in Packaged Medicaments for Saudi Arabia between 2020 and 2021 were Italy ($147M), United States ($37.3M), and United Kingdom ($37M).

Latest Trends

Dec 2023

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 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

Trade Balance

Color
EXPORTS (2021)$344M
IMPORTS (2021)$3.13B
NET TRADE (2021)-$2.79B

In 2021, Saudi Arabia exported $344M in Packaged Medicaments. The main destinations of Saudi Arabia exports on Packaged Medicaments were United Arab Emirates ($97.4M), Iraq ($45.1M), Egypt ($35.5M), Kuwait ($33M), and Oman ($27.4M).

In 2021, Saudi Arabia imported $3.13B in Packaged Medicaments, mainly from Germany ($394M), Switzerland ($338M), Denmark ($286M), United Kingdom ($262M), and United States ($251M).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Saudi Arabia WERE (2020 - 2021):
United Arab Emirates$14.6M (17.6%)
Oman$4.26M (18.4%)
Sudan$2.21M (9.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Saudi Arabia WERE (2020 - 2021):
Egypt-$6.75M (-16%)
Algeria-$6.07M (-44.6%)
Lebanon-$5.26M (-31.1%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Saudi Arabia's main exporting competitors in Packaged Medicaments were:
In 2021, Saudi Arabia's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

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