Exports In 2021, Saudi Arabia exported $387M in Phenols, making it the 9th largest exporter of Phenols in the world. At the same year, Phenols was the 41st most exported product in Saudi Arabia. The main destination of Phenols exports from Saudi Arabia are: China ($246M), Chinese Taipei ($55M), Netherlands ($40.1M), India ($17.7M), and Belgium ($9.08M).
The fastest growing export markets for Phenols of Saudi Arabia between 2020 and 2021 were China ($118M), Chinese Taipei ($53M), and Netherlands ($16.2M).
Imports In 2021, Saudi Arabia imported $51.1M in Phenols, becoming the 28th largest importer of Phenols in the world. At the same year, Phenols was the 394th most imported product in Saudi Arabia. Saudi Arabia imports Phenols primarily from: South Korea ($11M), Chinese Taipei ($8.8M), Switzerland ($8.45M), United States ($4.97M), and Netherlands ($3.26M).
The fastest growing import markets in Phenols for Saudi Arabia between 2020 and 2021 were Chinese Taipei ($6.54M), South Korea ($4.09M), and Singapore ($2.4M).
Tariffs In 2017, the average tariff for Saudi Arabia in Phenols was 4.5%. The countries with the highest import tariffs for Phenols were Angola (Most Favoured Nation duty rate treatment, 5%), Burundi (Most Favoured Nation duty rate treatment, 5%), Benin (Most Favoured Nation duty rate treatment, 5%), Burkina Faso (Most Favoured Nation duty rate treatment, 5%), and Botswana (Most Favoured Nation duty rate treatment, 5%).