2022
Exports
$2.72MWorld Rnk 70 / 160
Flag Rnk 78 / 96
2022
PRODUCT COMPLEXITY IN Wool & animal hair
0.58Rnk 333 / 1025
2022
Imports
$12.1MWorld Rnk 72 / 194
Flag Rnk 89 / 96
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $2.72M in Wool & animal hair, making it the 70th largest exporter of Wool & animal hair in the world. At the same year, Wool & animal hair was the 78th most exported product in Saudi Arabia. The main destination of Wool & animal hair exports from Saudi Arabia are: India ($1.23M), Pakistan ($603k), Kuwait ($581k), United Arab Emirates ($107k), and Lithuania ($73.5k).

The fastest growing export markets for Wool & animal hair of Saudi Arabia between 2021 and 2022 were Kuwait ($406k), United Arab Emirates ($102k), and China ($31.5k).

Imports In 2022, Saudi Arabia imported $12.1M in Wool & animal hair, becoming the 72nd largest importer of Wool & animal hair in the world. At the same year, Wool & animal hair was the 89th most imported product in Saudi Arabia. Saudi Arabia imports Wool & animal hair primarily from: Italy ($3.82M), Turkey ($2.37M), United Kingdom ($1.57M), Japan ($1.2M), and United Arab Emirates ($1.06M).

The fastest growing import markets in Wool & animal hair for Saudi Arabia between 2021 and 2022 were Turkey ($2.36M), South Africa ($393k), and Italy ($388k).

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 Wool & animal hair. 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)$2.72M
IMPORTS (2022)$12.1M
NET TRADE (2022)-$9.4M

In 2022, Saudi Arabia exported $2.72M in Wool & animal hair. The main destinations of Saudi Arabia exports on Wool & animal hair were India ($1.23M), Pakistan ($603k), Kuwait ($581k), United Arab Emirates ($107k), and Lithuania ($73.5k).

In 2022, Saudi Arabia imported $12.1M in Wool & animal hair, mainly from Italy ($3.82M), Turkey ($2.37M), United Kingdom ($1.57M), Japan ($1.2M), and United Arab Emirates ($1.06M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool & animal hair EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Kuwait$406k (232%)
United Arab Emirates$102k (1.93k%)
China$31.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool & animal hair BY Saudi Arabia WERE (2021 - 2022):
India-$517k (-29.7%)
Pakistan-$315k (-34.3%)
Turkey-$278k (-99.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Wool & animal hair were:
China $2.23B
Italy $2.03B
In 2022, Saudi Arabia's main importing competitors in Wool & animal hair were:
China $2.97B
Italy $1.62B

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Trade Value of Wool & animal hair by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $127k
TOP IMPORT POTENTIALItaly+ $764k

Wool & animal hair’s highest export potential is India. With an export gap of $127k.   Wool & animal hair’s highest import potential is Italy with an import gap of $764k.

See methodology.

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