2022
Exports
$16.8MWorld Rnk 59 / 175
Flag Rnk 200 / 1100
2022
PRODUCT COMPLEXITY IN Processed Crustaceans
-1.65Rnk 967 / 1025
2022
Imports
$8.49MWorld Rnk 68 / 224
Flag Rnk 736 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $16.8M in Processed Crustaceans, making it the 59th largest exporter of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 200th most exported product in Saudi Arabia. The main destination of Processed Crustaceans exports from Saudi Arabia are: Kuwait ($11.4M), United States ($3.52M), Bahrain ($1.12M), Jordan ($308k), and Singapore ($200k).

The fastest growing export markets for Processed Crustaceans of Saudi Arabia between 2021 and 2022 were Kuwait ($8.69M), United States ($2.51M), and Singapore ($162k).

Imports In 2022, Saudi Arabia imported $8.49M in Processed Crustaceans, becoming the 68th largest importer of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 736th most imported product in Saudi Arabia. Saudi Arabia imports Processed Crustaceans primarily from: New Zealand ($3.54M), United Arab Emirates ($2M), Thailand ($756k), Vietnam ($407k), and Spain ($354k).

The fastest growing import markets in Processed Crustaceans for Saudi Arabia between 2021 and 2022 were New Zealand ($1.45M), Greece ($181k), and United States ($174k).

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 Processed Crustaceans. 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)$16.8M
IMPORTS (2022)$8.49M
NET TRADE (2022)$8.31M

In 2022, Saudi Arabia exported $16.8M in Processed Crustaceans. The main destinations of Saudi Arabia exports on Processed Crustaceans were Kuwait ($11.4M), United States ($3.52M), Bahrain ($1.12M), Jordan ($308k), and Singapore ($200k).

In 2022, Saudi Arabia imported $8.49M in Processed Crustaceans, mainly from New Zealand ($3.54M), United Arab Emirates ($2M), Thailand ($756k), Vietnam ($407k), and Spain ($354k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Crustaceans EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Kuwait$8.69M (326%)
United States$2.51M (250%)
Singapore$162k (432%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Crustaceans BY Saudi Arabia WERE (2021 - 2022):
Egypt-$1.62M (-100%)
Bahrain-$1.49M (-57.1%)
South Korea-$841k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Processed Crustaceans were:
China $4.44B
Vietnam $2.42B
In 2022, Saudi Arabia's main importing competitors in Processed Crustaceans were:

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Trade Value of Processed Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.03M
TOP IMPORT POTENTIALVietnam+ $571k

Processed Crustaceans’s highest export potential is United States. With an export gap of $2.03M.   Processed Crustaceans’s highest import potential is Vietnam with an import gap of $571k.

See methodology.

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