2023
Exports
$29.3MWorld Rnk 23 / 146
Flag Rnk 174 / 1148
2023
PRODUCT COMPLEXITY IN Butter
0.079Rnk 528 / 1025
2023
Imports
$350MWorld Rnk 8 / 224
Flag Rnk 118 / 1206
2023
ECONOMIC COMPLEXITY of Saudi Arabia
0.76Rnk 36 / 132

About

Exports In 2023, Saudi Arabia exported $29.3M in Butter, making it the 23rd largest exporter of Butter in the world. At the same year, Butter was the 174th most exported product in Saudi Arabia. The main destination of Butter exports from Saudi Arabia are: Kuwait ($8.8M), Oman ($5.76M), United Arab Emirates ($5.59M), Egypt ($2.64M), and Jordan ($2.5M).

The fastest growing export markets for Butter of Saudi Arabia between 2022 and 2023 were Kuwait ($2.74M), Egypt ($473k), and Azerbaijan ($387k).

Imports In 2023, Saudi Arabia imported $350M in Butter, becoming the 8th largest importer of Butter in the world. At the same year, Butter was the 118th most imported product in Saudi Arabia. Saudi Arabia imports Butter primarily from: New Zealand ($169M), Denmark ($26.9M), France ($21.9M), Lithuania ($21.2M), and Ireland ($19.4M).

The fastest growing import markets in Butter for Saudi Arabia between 2022 and 2023 were New Zealand ($34.6M), Ireland ($16M), and Portugal ($11.4M).

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 Butter. 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)$29.3M
IMPORTS (2023)$350M
NET TRADE (2023)-$321M

In 2023, Saudi Arabia exported $29.3M in Butter. The main destinations of Saudi Arabia exports on Butter were Kuwait ($8.8M), Oman ($5.76M), United Arab Emirates ($5.59M), Egypt ($2.64M), and Jordan ($2.5M).

In 2023, Saudi Arabia imported $350M in Butter, mainly from New Zealand ($169M), Denmark ($26.9M), France ($21.9M), Lithuania ($21.2M), and Ireland ($19.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR Saudi Arabia WERE (2022 - 2023):
Kuwait$2.74M (45.3%)
Egypt$473k (21.8%)
Azerbaijan$387k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY Saudi Arabia WERE (2022 - 2023):
Oman-$845k (-12.8%)
Iraq-$669k (-42.2%)
United Arab Emirates-$662k (-10.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALEgypt+ $1.05M
TOP IMPORT POTENTIALNetherlands+ $6M

Butter’s highest export potential is Egypt. With an export gap of $1.05M.   Butter’s highest import potential is Netherlands with an import gap of $6M.

See methodology.

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