2022
Exports
$112kWorld Rnk 86 / 156
Flag Rnk 751 / 1100
2022
PRODUCT COMPLEXITY IN Drilling Machines
1.13Rnk 123 / 1025
2022
Imports
$19.5MWorld Rnk 32 / 210
Flag Rnk 591 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $112k in Drilling Machines, making it the 86th largest exporter of Drilling Machines in the world. At the same year, Drilling Machines was the 751st most exported product in Saudi Arabia. The main destination of Drilling Machines exports from Saudi Arabia are: Turkey ($40.7k), Italy ($20.5k), Oman ($16.2k), India ($14.9k), and Spain ($11.6k).

The fastest growing export markets for Drilling Machines of Saudi Arabia between 2021 and 2022 were Turkey ($39.7k), Italy ($20.5k), and India ($14.9k).

Imports In 2022, Saudi Arabia imported $19.5M in Drilling Machines, becoming the 32nd largest importer of Drilling Machines in the world. At the same year, Drilling Machines was the 591st most imported product in Saudi Arabia. Saudi Arabia imports Drilling Machines primarily from: Italy ($3.43M), United States ($2.49M), United Arab Emirates ($2.43M), China ($2.02M), and Spain ($1.87M).

The fastest growing import markets in Drilling Machines for Saudi Arabia between 2021 and 2022 were United Arab Emirates ($1.63M), Sweden ($1.06M), and Italy ($622k).

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 Drilling Machines. 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)$112k
IMPORTS (2022)$19.5M
NET TRADE (2022)-$19.4M

In 2022, Saudi Arabia exported $112k in Drilling Machines. The main destinations of Saudi Arabia exports on Drilling Machines were Turkey ($40.7k), Italy ($20.5k), Oman ($16.2k), India ($14.9k), and Spain ($11.6k).

In 2022, Saudi Arabia imported $19.5M in Drilling Machines, mainly from Italy ($3.43M), United States ($2.49M), United Arab Emirates ($2.43M), China ($2.02M), and Spain ($1.87M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Drilling Machines EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Turkey$39.7k (4.08k%)
Italy$20.5k (1%)
India$14.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drilling Machines BY Saudi Arabia WERE (2021 - 2022):
Iraq-$3.81M (-100%)
United States-$1.21M (-100%)
United Arab Emirates-$1.08M (-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 Drilling Machines were:
In 2022, Saudi Arabia's main importing competitors in Drilling Machines were:

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Trade Value of Drilling Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $22.2k
TOP IMPORT POTENTIALChina+ $1.4M

Drilling Machines’s highest export potential is Turkey. With an export gap of $22.2k.   Drilling Machines’s highest import potential is China with an import gap of $1.4M.

See methodology.

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