2022
Exports
$2.97MWorld Rnk 60 / 144
Flag Rnk 359 / 1100
2022
PRODUCT COMPLEXITY IN Copper Wire
-0.44Rnk 683 / 1025
2022
Imports
$1BWorld Rnk 4 / 204
Flag Rnk 30 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $2.97M in Copper Wire, making it the 60th largest exporter of Copper Wire in the world. At the same year, Copper Wire was the 359th most exported product in Saudi Arabia. The main destination of Copper Wire exports from Saudi Arabia are: United Arab Emirates ($2.95M), Jordan ($13.9k), Oman ($6.2k), and Canada ($19).

The fastest growing export markets for Copper Wire of Saudi Arabia between 2021 and 2022 were Jordan ($13.9k) and Canada ($19).

Imports In 2022, Saudi Arabia imported $1B in Copper Wire, becoming the 4th largest importer of Copper Wire in the world. At the same year, Copper Wire was the 30th most imported product in Saudi Arabia. Saudi Arabia imports Copper Wire primarily from: United Arab Emirates ($659M), Egypt ($241M), India ($82.5M), Germany ($17.4M), and Jordan ($370k).

The fastest growing import markets in Copper Wire for Saudi Arabia between 2021 and 2022 were Egypt ($108M), India ($81.8M), and Germany ($2.32M).

Latest Trends

Oct 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 Copper Wire. 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)$2.97M
IMPORTS (2022)$1B
NET TRADE (2022)-$999M

In 2022, Saudi Arabia exported $2.97M in Copper Wire. The main destinations of Saudi Arabia exports on Copper Wire were United Arab Emirates ($2.95M), Jordan ($13.9k), Oman ($6.2k), and Canada ($19).

In 2022, Saudi Arabia imported $1B in Copper Wire, mainly from United Arab Emirates ($659M), Egypt ($241M), India ($82.5M), Germany ($17.4M), and Jordan ($370k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Wire EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Jordan$13.9k (1%)
Canada$19 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Wire BY Saudi Arabia WERE (2021 - 2022):
United Arab Emirates-$5.48M (-65%)
South Africa-$2.73M (-100%)
Egypt-$2.68M (-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 Copper Wire were:
In 2022, Saudi Arabia's main importing competitors in Copper Wire were:

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Trade Value of Copper Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $97.5k
TOP IMPORT POTENTIALGermany+ $14.9M

Copper Wire’s highest export potential is United Arab Emirates. With an export gap of $97.5k.   Copper Wire’s highest import potential is Germany with an import gap of $14.9M.

See methodology.

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