2023
Exports
$358MWorld Rnk 16 / 128
Flag Rnk 49 / 1148
2023
PRODUCT COMPLEXITY IN Acyclic Hydrocarbons
0.28Rnk 469 / 1025
2023
Imports
$370MWorld Rnk 18 / 201
Flag Rnk 112 / 1206
2023
ECONOMIC COMPLEXITY of Saudi Arabia
0.76Rnk 36 / 132

About

Exports In 2023, Saudi Arabia exported $358M in Acyclic Hydrocarbons, making it the 16th largest exporter of Acyclic Hydrocarbons in the world. At the same year, Acyclic Hydrocarbons was the 49th most exported product in Saudi Arabia. The main destination of Acyclic Hydrocarbons exports from Saudi Arabia are: Singapore ($59.9M), Indonesia ($58.9M), France ($35M), China ($34.7M), and India ($24.3M).

The fastest growing export markets for Acyclic Hydrocarbons of Saudi Arabia between 2022 and 2023 were Indonesia ($25.4M), Pakistan ($20.3M), and China ($13.4M).

Imports In 2023, Saudi Arabia imported $370M in Acyclic Hydrocarbons, becoming the 18th largest importer of Acyclic Hydrocarbons in the world. At the same year, Acyclic Hydrocarbons was the 112th most imported product in Saudi Arabia. Saudi Arabia imports Acyclic Hydrocarbons primarily from: Belgium ($175M), South Africa ($118M), India ($23.6M), South Korea ($20.1M), and Singapore ($10.4M).

The fastest growing import markets in Acyclic Hydrocarbons for Saudi Arabia between 2022 and 2023 were South Africa ($29.8M), India ($5.17M), and Qatar ($3.71M).

COMPANIES In 2023, leading companies such as Dow Chemical (1) were at the forefront of shipping Acyclic Hydrocarbons from Saudi Arabia to the United States.

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 Acyclic Hydrocarbons. 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)$358M
IMPORTS (2023)$370M
NET TRADE (2023)-$12.2M

In 2023, Saudi Arabia exported $358M in Acyclic Hydrocarbons. The main destinations of Saudi Arabia exports on Acyclic Hydrocarbons were Singapore ($59.9M), Indonesia ($58.9M), France ($35M), China ($34.7M), and India ($24.3M).

In 2023, Saudi Arabia imported $370M in Acyclic Hydrocarbons, mainly from Belgium ($175M), South Africa ($118M), India ($23.6M), South Korea ($20.1M), and Singapore ($10.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Acyclic Hydrocarbons EXPORT MARKETS FOR Saudi Arabia WERE (2022 - 2023):
Indonesia$25.4M (75.8%)
Pakistan$20.3M (1%)
China$13.4M (62.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Acyclic Hydrocarbons BY Saudi Arabia WERE (2022 - 2023):
South Korea-$30.9M (-68.1%)
Oman-$24.8M (-85.9%)
United Arab Emirates-$24.6M (-71.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Saudi Arabia's main exporting competitors in Acyclic Hydrocarbons were:
In 2023, Saudi Arabia's main importing competitors in Acyclic Hydrocarbons were:

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Trade Value of Acyclic Hydrocarbons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $19.5M
TOP IMPORT POTENTIALSouth Korea+ $7.11M

Acyclic Hydrocarbons’s highest export potential is China. With an export gap of $19.5M.   Acyclic Hydrocarbons’s highest import potential is South Korea with an import gap of $7.11M.

See methodology.

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