About

Exports In 2022, Saudi Arabia exported $6.45k in Balances, making it the 81st largest exporter of Balances in the world. At the same year, Balances was the 977th most exported product in Saudi Arabia. The main destination of Balances exports from Saudi Arabia are: Turkey ($3.06k), Switzerland ($2.52k), Oman ($455), and Finland ($418).

The fastest growing export markets for Balances of Saudi Arabia between 2021 and 2022 were Turkey ($3.06k), Switzerland ($2.52k), and Finland ($418).

Imports In 2022, Saudi Arabia imported $2.23M in Balances, becoming the 35th largest importer of Balances in the world. At the same year, Balances was the 913th most imported product in Saudi Arabia. Saudi Arabia imports Balances primarily from: Netherlands ($1.11M), Germany ($242k), United Arab Emirates ($193k), United States ($180k), and Poland ($135k).

The fastest growing import markets in Balances for Saudi Arabia between 2021 and 2022 were Netherlands ($368k), United Arab Emirates ($134k), and Germany ($117k).

Latest Trends

Aug 2024

Subnational Monthly Trade

View
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 Balances. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$6.45k
IMPORTS (2022)$2.23M
NET TRADE (2022)-$2.22M

In 2022, Saudi Arabia exported $6.45k in Balances. The main destinations of Saudi Arabia exports on Balances were Turkey ($3.06k), Switzerland ($2.52k), Oman ($455), and Finland ($418).

In 2022, Saudi Arabia imported $2.23M in Balances, mainly from Netherlands ($1.11M), Germany ($242k), United Arab Emirates ($193k), United States ($180k), and Poland ($135k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Balances EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Turkey$3.06k (1%)
Switzerland$2.52k (1%)
Finland$418 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Balances BY Saudi Arabia WERE (2021 - 2022):
Bahrain-$33k (-100%)
Spain-$24.4k (-100%)
Oman-$9.1k (-95.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Balances by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $1.31k
TOP IMPORT POTENTIALChina+ $132k

Balances’s highest export potential is Turkey. With an export gap of $1.31k.   Balances’s highest import potential is China with an import gap of $132k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with