2022
Exports
$847MWorld Rnk 12 / 145
Flag Rnk 18 / 1100
2022
PRODUCT COMPLEXITY IN Synthetic Rubber
0.49Rnk 369 / 1025
2022
Imports
$56MWorld Rnk 49 / 209
Flag Rnk 386 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $847M in Synthetic Rubber, making it the 12th largest exporter of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 18th most exported product in Saudi Arabia. The main destination of Synthetic Rubber exports from Saudi Arabia are: China ($275M), Belgium ($106M), India ($68.2M), Turkey ($54.3M), and United States ($49.1M).

The fastest growing export markets for Synthetic Rubber of Saudi Arabia between 2021 and 2022 were China ($123M), United States ($34.5M), and India ($32.6M).

Imports In 2022, Saudi Arabia imported $56M in Synthetic Rubber, becoming the 49th largest importer of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 386th most imported product in Saudi Arabia. Saudi Arabia imports Synthetic Rubber primarily from: China ($15.3M), United Arab Emirates ($8.57M), United States ($8.43M), Chinese Taipei ($6.36M), and Germany ($3.5M).

The fastest growing import markets in Synthetic Rubber for Saudi Arabia between 2021 and 2022 were China ($12.6M), United Arab Emirates ($3.85M), and Chinese Taipei ($2.2M).

Latest Trends

Oct 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 Synthetic Rubber. 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)$847M
IMPORTS (2022)$56M
NET TRADE (2022)$791M

In 2022, Saudi Arabia exported $847M in Synthetic Rubber. The main destinations of Saudi Arabia exports on Synthetic Rubber were China ($275M), Belgium ($106M), India ($68.2M), Turkey ($54.3M), and United States ($49.1M).

In 2022, Saudi Arabia imported $56M in Synthetic Rubber, mainly from China ($15.3M), United Arab Emirates ($8.57M), United States ($8.43M), Chinese Taipei ($6.36M), and Germany ($3.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Rubber EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
China$123M (81.4%)
United States$34.5M (236%)
India$32.6M (91.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Rubber BY Saudi Arabia WERE (2021 - 2022):
Singapore-$39.5M (-49.7%)
Malaysia-$15.3M (-24.5%)
Egypt-$5.23M (-57.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Synthetic Rubber were:
In 2022, Saudi Arabia's main importing competitors in Synthetic Rubber were:

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Trade Value of Synthetic Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $56.1M
TOP IMPORT POTENTIALChina+ $4.3M

Synthetic Rubber’s highest export potential is China. With an export gap of $56.1M.   Synthetic Rubber’s highest import potential is China with an import gap of $4.3M.

See methodology.

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