2022
Exports
$32.3MWorld Rnk 32 / 132
Flag Rnk 154 / 1100
2022
PRODUCT COMPLEXITY IN Unprocessed Synthetic Staple Fibers
0.33Rnk 430 / 1025
2022
Imports
$29MWorld Rnk 45 / 188
Flag Rnk 506 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $32.3M in Unprocessed Synthetic Staple Fibers, making it the 32nd largest exporter of Unprocessed Synthetic Staple Fibers in the world. At the same year, Unprocessed Synthetic Staple Fibers was the 154th most exported product in Saudi Arabia. The main destination of Unprocessed Synthetic Staple Fibers exports from Saudi Arabia are: Italy ($6.42M), Hungary ($5.06M), Germany ($4.6M), Greece ($4.17M), and India ($3.28M).

The fastest growing export markets for Unprocessed Synthetic Staple Fibers of Saudi Arabia between 2021 and 2022 were Hungary ($3.44M), India ($1.84M), and Greece ($1.68M).

Imports In 2022, Saudi Arabia imported $29M in Unprocessed Synthetic Staple Fibers, becoming the 45th largest importer of Unprocessed Synthetic Staple Fibers in the world. At the same year, Unprocessed Synthetic Staple Fibers was the 506th most imported product in Saudi Arabia. Saudi Arabia imports Unprocessed Synthetic Staple Fibers primarily from: China ($11.9M), South Korea ($5.36M), India ($5.19M), Chinese Taipei ($2.7M), and Vietnam ($1.66M).

The fastest growing import markets in Unprocessed Synthetic Staple Fibers for Saudi Arabia between 2021 and 2022 were China ($6.65M), South Korea ($1.56M), and India ($400k).

Latest Trends

Jul 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 Unprocessed Synthetic Staple Fibers. 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)$32.3M
IMPORTS (2022)$29M
NET TRADE (2022)$3.25M

In 2022, Saudi Arabia exported $32.3M in Unprocessed Synthetic Staple Fibers. The main destinations of Saudi Arabia exports on Unprocessed Synthetic Staple Fibers were Italy ($6.42M), Hungary ($5.06M), Germany ($4.6M), Greece ($4.17M), and India ($3.28M).

In 2022, Saudi Arabia imported $29M in Unprocessed Synthetic Staple Fibers, mainly from China ($11.9M), South Korea ($5.36M), India ($5.19M), Chinese Taipei ($2.7M), and Vietnam ($1.66M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unprocessed Synthetic Staple Fibers EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Hungary$3.44M (213%)
India$1.84M (129%)
Greece$1.68M (67.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unprocessed Synthetic Staple Fibers BY Saudi Arabia WERE (2021 - 2022):
United States-$21.1M (-87.7%)
Bangladesh-$2.97M (-100%)
Malaysia-$2.73M (-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 Unprocessed Synthetic Staple Fibers were:
In 2022, Saudi Arabia's main importing competitors in Unprocessed Synthetic Staple Fibers were:

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Trade Value of Unprocessed Synthetic Staple Fibers by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $2.16M
TOP IMPORT POTENTIALChina+ $3.22M

Unprocessed Synthetic Staple Fibers’s highest export potential is United States. With an export gap of $2.16M.   Unprocessed Synthetic Staple Fibers’s highest import potential is China with an import gap of $3.22M.

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