2022
Exports
$24.6BWorld Rnk 12 / 226
Flag Rnk 3 / 21
2022
PRODUCT COMPLEXITY IN Plastics and Rubbers
1.72Rnk 19 / 1025
2022
Imports
$7.7BWorld Rnk 35 / 226
Flag Rnk 9 / 21
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $24.6B in Plastics and Rubbers, making it the 12th 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 ($4.67B), Turkey ($2.39B), Singapore ($2.05B), United Arab Emirates ($1.58B), and India ($1.29B).

The fastest growing export markets for Plastics and Rubbers of Saudi Arabia between 2021 and 2022 were China ($1.15B), Vietnam ($645M), and Kuwait ($356M).

Imports In 2022, Saudi Arabia imported $7.7B in Plastics and Rubbers, becoming the 35th largest importer of Plastics and Rubbers in the world. At the same year, Plastics and Rubbers was the 9th most imported product in Saudi Arabia. Saudi Arabia imports Plastics and Rubbers primarily from: China ($2.57B), United Arab Emirates ($1.38B), Germany ($440M), United States ($376M), and South Korea ($371M).

The fastest growing import markets in Plastics and Rubbers for Saudi Arabia between 2021 and 2022 were China ($654M), United Arab Emirates ($311M), and Germany ($137M).

COMPANIES In 2023, leading companies such as Sutong (2) were at the forefront of shipping Plastics and Rubbers from Saudi Arabia to the United States.

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 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 (2022)$24.6B
IMPORTS (2022)$7.7B
NET TRADE (2022)$16.9B

In 2022, Saudi Arabia exported $24.6B in Plastics and Rubbers. The main destinations of Saudi Arabia exports on Plastics and Rubbers were China ($4.67B), Turkey ($2.39B), Singapore ($2.05B), United Arab Emirates ($1.58B), and India ($1.29B).

In 2022, Saudi Arabia imported $7.7B in Plastics and Rubbers, mainly from China ($2.57B), United Arab Emirates ($1.38B), Germany ($440M), United States ($376M), and South Korea ($371M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastics and Rubbers EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
China$1.15B (32.6%)
Vietnam$645M (108%)
Kuwait$356M (199%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastics and Rubbers BY Saudi Arabia WERE (2021 - 2022):
Algeria-$519M (-100%)
Yemen-$361M (-100%)
Jordan-$327M (-47.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Plastics and Rubbers were:
In 2022, 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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