Refined Petroleum in   Saudi Arabia

Exports In 2020, Saudi Arabia exported $10.7B in Refined Petroleum, making it the 11th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most exported product in Saudi Arabia. The main destination of Refined Petroleum exports from Saudi Arabia are: France ($1.38B), Italy ($931M), United Kingdom ($808M), United Arab Emirates ($654M), and Singapore ($607M).

The fastest growing export markets for Refined Petroleum of Saudi Arabia between 2019 and 2020 were Indonesia ($255M), Nigeria ($99.3M), and Ireland ($53M).

Imports In 2020, Saudi Arabia imported $3.86B in Refined Petroleum, becoming the 31st largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most imported product in Saudi Arabia. Saudi Arabia imports Refined Petroleum primarily from: India ($598M), Netherlands ($535M), United Arab Emirates ($492M), Singapore ($453M), and Egypt ($388M).

The fastest growing import markets in Refined Petroleum for Saudi Arabia between 2019 and 2020 were Singapore ($440M), India ($226M), and Russia ($223M).

Tariffs In 2017, the average tariff for Saudi Arabia in Refined Petroleum was 4.5%. The countries with the highest import tariffs for Refined Petroleum were Angola (Most Favoured Nation duty rate treatement, 5%), Burundi (Most Favoured Nation duty rate treatement, 5%), Benin (Most Favoured Nation duty rate treatement, 5%), Burkina Faso (Most Favoured Nation duty rate treatement, 5%), and Botswana (Most Favoured Nation duty rate treatement, 5%).