2023
Exports
$249MWorld Rnk 10 / 104
Flag Rnk 64 / 1148
2023
PRODUCT COMPLEXITY IN Phenols
1.59Rnk 34 / 1025
2023
Imports
$49.8MWorld Rnk 27 / 179
Flag Rnk 433 / 1206
2023
ECONOMIC COMPLEXITY of Saudi Arabia
0.76Rnk 36 / 132

About

Exports In 2023, Saudi Arabia exported $249M in Phenols, making it the 10th largest exporter of Phenols in the world. At the same year, Phenols was the 64th most exported product in Saudi Arabia. The main destination of Phenols exports from Saudi Arabia are: China ($125M), India ($46.1M), Netherlands ($40.9M), Chinese Taipei ($16.1M), and Panama ($5.04M).

The fastest growing export markets for Phenols of Saudi Arabia between 2022 and 2023 were Chinese Taipei ($11.9M), Panama ($5.04M), and Turkey ($3.52M).

Imports In 2023, Saudi Arabia imported $49.8M in Phenols, becoming the 27th largest importer of Phenols in the world. At the same year, Phenols was the 433rd most imported product in Saudi Arabia. Saudi Arabia imports Phenols primarily from: South Korea ($16.5M), Chinese Taipei ($7.4M), United States ($5.94M), Netherlands ($4.21M), and Japan ($3.27M).

The fastest growing import markets in Phenols for Saudi Arabia between 2022 and 2023 were Chinese Taipei ($4.79M), Netherlands ($2.35M), and Japan ($1.9M).

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 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 (2023)$249M
IMPORTS (2023)$49.8M
NET TRADE (2023)$199M

In 2023, Saudi Arabia exported $249M in Phenols. The main destinations of Saudi Arabia exports on Phenols were China ($125M), India ($46.1M), Netherlands ($40.9M), Chinese Taipei ($16.1M), and Panama ($5.04M).

In 2023, Saudi Arabia imported $49.8M in Phenols, mainly from South Korea ($16.5M), Chinese Taipei ($7.4M), United States ($5.94M), Netherlands ($4.21M), and Japan ($3.27M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Phenols EXPORT MARKETS FOR Saudi Arabia WERE (2022 - 2023):
Chinese Taipei$11.9M (289%)
Panama$5.04M (1%)
Turkey$3.52M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phenols BY Saudi Arabia WERE (2022 - 2023):
China-$54.7M (-30.4%)
Netherlands-$35M (-46.1%)
India-$9.52M (-17.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Saudi Arabia's main exporting competitors in Phenols were:
In 2023, 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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