2023
Exports
$920MWorld Rnk 1 / 86
Flag Rnk 18 / 1148
2023
PRODUCT COMPLEXITY IN Tug Boats
-1.04Rnk 840 / 1025
2023
Imports
$21.6MWorld Rnk 35 / 133
Flag Rnk 600 / 1206
2023
ECONOMIC COMPLEXITY of Saudi Arabia
0.76Rnk 36 / 132

About

Exports In 2023, Saudi Arabia exported $920M in Tug Boats, making it the 1st largest exporter of Tug Boats in the world. At the same year, Tug Boats was the 18th most exported product in Saudi Arabia. The main destination of Tug Boats exports from Saudi Arabia are: United Arab Emirates ($773M), Bahrain ($89.4M), Kuwait ($17.8M), Egypt ($17.7M), and Netherlands ($15.1M).

The fastest growing export markets for Tug Boats of Saudi Arabia between 2022 and 2023 were United Arab Emirates ($291M), Kuwait ($16.7M), and Netherlands ($12M).

Imports In 2023, Saudi Arabia imported $21.6M in Tug Boats, becoming the 35th largest importer of Tug Boats in the world. At the same year, Tug Boats was the 600th most imported product in Saudi Arabia. Saudi Arabia imports Tug Boats primarily from: China ($10.4M), United Arab Emirates ($7.16M), and India ($4.02M).

The fastest growing import markets in Tug Boats for Saudi Arabia between 2022 and 2023 were India ($4.02M).

Latest Trends

Dec 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 Tug Boats. 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 (2023)$920M
IMPORTS (2023)$21.6M
NET TRADE (2023)$899M

In 2023, Saudi Arabia exported $920M in Tug Boats. The main destinations of Saudi Arabia exports on Tug Boats were United Arab Emirates ($773M), Bahrain ($89.4M), Kuwait ($17.8M), Egypt ($17.7M), and Netherlands ($15.1M).

In 2023, Saudi Arabia imported $21.6M in Tug Boats, mainly from China ($10.4M), United Arab Emirates ($7.16M), and India ($4.02M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tug Boats EXPORT MARKETS FOR Saudi Arabia WERE (2022 - 2023):
Kuwait$16.7M (1.52k%)
Netherlands$12M (381%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tug Boats BY Saudi Arabia WERE (2022 - 2023):
Qatar-$34.3M (-93.6%)
Bahrain-$23.4M (-20.7%)
India-$659k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Saudi Arabia's main exporting competitors in Tug Boats were:
India $499M
In 2023, Saudi Arabia's main importing competitors in Tug Boats were:

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Trade Value of Tug Boats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $605
TOP IMPORT POTENTIALUnited Arab Emirates+ $83k

Tug Boats’s highest export potential is India. With an export gap of $605.   Tug Boats’s highest import potential is United Arab Emirates with an import gap of $83k.

See methodology.

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