2022
Exports
$48.6MWorld Rnk 48 / 209
Flag Rnk 124 / 1100
2022
PRODUCT COMPLEXITY IN Electric Batteries
1.02Rnk 164 / 1025
2022
Imports
$673MWorld Rnk 34 / 225
Flag Rnk 56 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $48.6M in Electric Batteries, making it the 48th largest exporter of Electric Batteries in the world. At the same year, Electric Batteries was the 124th most exported product in Saudi Arabia. The main destination of Electric Batteries exports from Saudi Arabia are: Kuwait ($9.84M), Egypt ($9.36M), United Arab Emirates ($7.88M), Jordan ($7.31M), and Oman ($5.47M).

The fastest growing export markets for Electric Batteries of Saudi Arabia between 2021 and 2022 were Kuwait ($3.36M), France ($357k), and Bahrain ($325k).

Imports In 2022, Saudi Arabia imported $673M in Electric Batteries, becoming the 34th largest importer of Electric Batteries in the world. At the same year, Electric Batteries was the 56th most imported product in Saudi Arabia. Saudi Arabia imports Electric Batteries primarily from: China ($286M), South Korea ($77.8M), United Arab Emirates ($63.4M), Spain ($32M), and Malaysia ($28.3M).

The fastest growing import markets in Electric Batteries for Saudi Arabia between 2021 and 2022 were China ($195M), United Arab Emirates ($26.1M), and South Korea ($22.2M).

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 Electric Batteries. 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)$48.6M
IMPORTS (2022)$673M
NET TRADE (2022)-$624M

In 2022, Saudi Arabia exported $48.6M in Electric Batteries. The main destinations of Saudi Arabia exports on Electric Batteries were Kuwait ($9.84M), Egypt ($9.36M), United Arab Emirates ($7.88M), Jordan ($7.31M), and Oman ($5.47M).

In 2022, Saudi Arabia imported $673M in Electric Batteries, mainly from China ($286M), South Korea ($77.8M), United Arab Emirates ($63.4M), Spain ($32M), and Malaysia ($28.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Batteries EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Kuwait$3.36M (51.9%)
France$357k (16.9k%)
Bahrain$325k (17.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Batteries BY Saudi Arabia WERE (2021 - 2022):
United Arab Emirates-$8.37M (-51.5%)
Egypt-$4.66M (-33.2%)
Jordan-$3.36M (-31.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Electric Batteries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.76M
TOP IMPORT POTENTIALChina+ $117M

Electric Batteries’s highest export potential is United States. With an export gap of $6.76M.   Electric Batteries’s highest import potential is China with an import gap of $117M.

See methodology.

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