2023
Exports
$20.5BWorld Rnk 14 / 226
Flag Rnk 3 / 21
2023
PRODUCT COMPLEXITY IN Plastics and Rubbers
1.66Rnk 27 / 1025
2023
Imports
$7.54BWorld Rnk 33 / 226
Flag Rnk 10 / 21
2023
ECONOMIC COMPLEXITY of Saudi Arabia
0.76Rnk 36 / 132

About

Exports In 2023, Saudi Arabia exported $20.5B in Plastics and Rubbers, making it the 14th largest exporter of Plastics and Rubbers in the world. At the same year, Plastics and Rubbers was the 3rd most exported product in Saudi Arabia. The main destination of Plastics and Rubbers exports from Saudi Arabia are: China ($3.58B), Turkey ($1.83B), India ($1.66B), Singapore ($1.45B), and Egypt ($1.35B).

The fastest growing export markets for Plastics and Rubbers of Saudi Arabia between 2022 and 2023 were India ($356M), Bulgaria ($20M), and South Korea ($19.4M).

Imports In 2023, Saudi Arabia imported $7.54B in Plastics and Rubbers, becoming the 33rd largest importer of Plastics and Rubbers in the world. At the same year, Plastics and Rubbers was the 10th most imported product in Saudi Arabia. Saudi Arabia imports Plastics and Rubbers primarily from: China ($2.6B), United Arab Emirates ($634M), United States ($551M), Germany ($539M), and South Korea ($401M).

The fastest growing import markets in Plastics and Rubbers for Saudi Arabia between 2022 and 2023 were China ($143M), Turkey ($73.9M), and Germany ($51.8M).

COMPANIES In 2024, leading companies such as Soho Studio (1) were at the forefront of shipping Plastics and Rubbers from Saudi Arabia to the United States.

Latest Trends

Jan 2025

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 Plastics and Rubbers. 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)$20.5B
IMPORTS (2023)$7.54B
NET TRADE (2023)$13B

In 2023, Saudi Arabia exported $20.5B in Plastics and Rubbers. The main destinations of Saudi Arabia exports on Plastics and Rubbers were China ($3.58B), Turkey ($1.83B), India ($1.66B), Singapore ($1.45B), and Egypt ($1.35B).

In 2023, Saudi Arabia imported $7.54B in Plastics and Rubbers, mainly from China ($2.6B), United Arab Emirates ($634M), United States ($551M), Germany ($539M), and South Korea ($401M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Plastics and Rubbers EXPORT MARKETS FOR Saudi Arabia WERE (2022 - 2023):
India$356M (27.3%)
Bulgaria$20M (138%)
South Korea$19.4M (16.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastics and Rubbers BY Saudi Arabia WERE (2022 - 2023):
China-$1.4B (-28.1%)
Vietnam-$889M (-68.5%)
Turkey-$735M (-28.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Saudi Arabia's main exporting competitors in Plastics and Rubbers were:
In 2023, Saudi Arabia's main importing competitors in Plastics and Rubbers were:

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Trade Value of Plastics and Rubbers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $831M
TOP IMPORT POTENTIALChina+ $419M

Plastics and Rubbers’s highest export potential is China. With an export gap of $831M.   Plastics and Rubbers’s highest import potential is China with an import gap of $419M.

See methodology.

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