2022
Exports
$308MWorld Rnk 10 / 101
Flag Rnk 44 / 1100
2022
PRODUCT COMPLEXITY IN Phenols
1.66Rnk 33 / 1025
2022
Imports
$50.4MWorld Rnk 27 / 184
Flag Rnk 402 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $308M in Phenols, making it the 10th largest exporter of Phenols in the world. At the same year, Phenols was the 44th most exported product in Saudi Arabia. The main destination of Phenols exports from Saudi Arabia are: China ($164M), Netherlands ($70.8M), India ($56.1M), Germany ($5.41M), and Chinese Taipei ($4.09M).

The fastest growing export markets for Phenols of Saudi Arabia between 2021 and 2022 were India ($38.1M), Netherlands ($30.4M), and Germany ($1.35M).

Imports In 2022, Saudi Arabia imported $50.4M in Phenols, becoming the 27th largest importer of Phenols in the world. At the same year, Phenols was the 402nd most imported product in Saudi Arabia. Saudi Arabia imports Phenols primarily from: South Korea ($26.6M), Switzerland ($8.94M), United States ($5.65M), India ($3.9M), and United Arab Emirates ($1.22M).

The fastest growing import markets in Phenols for Saudi Arabia between 2021 and 2022 were South Korea ($15.6M), India ($1.98M), and United States ($677k).

Latest Trends

Sep 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 Phenols. 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)$308M
IMPORTS (2022)$50.4M
NET TRADE (2022)$258M

In 2022, Saudi Arabia exported $308M in Phenols. The main destinations of Saudi Arabia exports on Phenols were China ($164M), Netherlands ($70.8M), India ($56.1M), Germany ($5.41M), and Chinese Taipei ($4.09M).

In 2022, Saudi Arabia imported $50.4M in Phenols, mainly from South Korea ($26.6M), Switzerland ($8.94M), United States ($5.65M), India ($3.9M), and United Arab Emirates ($1.22M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Phenols EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
India$38.1M (213%)
Netherlands$30.4M (75.4%)
Germany$1.35M (33.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phenols BY Saudi Arabia WERE (2021 - 2022):
China-$80.8M (-33%)
Chinese Taipei-$56.2M (-93.2%)
Belgium-$15.7M (-80.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Phenols by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $3.69M
TOP IMPORT POTENTIALIndia+ $2.84M

Phenols’s highest export potential is Germany. With an export gap of $3.69M.   Phenols’s highest import potential is India with an import gap of $2.84M.

See methodology.

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