Precious Metals in   Saudi Arabia

Exports In 2023, Saudi Arabia exported $1.8B in Precious Metals, making it the 56th largest exporter of Precious Metals in the world. At the same year, Precious Metals was the 8th most exported product in Saudi Arabia. The main destination of Precious Metals exports from Saudi Arabia are: Switzerland ($588M), United Arab Emirates ($535M), India ($361M), Germany ($166M), and United Kingdom ($28.9M).

The fastest growing export markets for Precious Metals of Saudi Arabia between 2022 and 2023 were India ($161M), Italy ($12M), and Hong Kong ($9.31M).

Imports In 2023, Saudi Arabia imported $8.6B in Precious Metals, becoming the 17th largest importer of Precious Metals in the world. At the same year, Precious Metals was the 8th most imported product in Saudi Arabia. Saudi Arabia imports Precious Metals primarily from: Switzerland ($4.64B), United Arab Emirates ($3B), China ($193M), India ($182M), and United States ($103M).

The fastest growing import markets in Precious Metals for Saudi Arabia between 2022 and 2023 were Switzerland ($1.6B), Turkey ($48.5M), and China ($47.5M).