2022
Exports
$42.2MWorld Rnk 62 / 223
Flag Rnk 133 / 1100
2022
PRODUCT COMPLEXITY IN Electrical Transformers
0.65Rnk 294 / 1025
2022
Imports
$882MWorld Rnk 36 / 225
Flag Rnk 38 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $42.2M in Electrical Transformers, making it the 62nd largest exporter of Electrical Transformers in the world. At the same year, Electrical Transformers was the 133rd most exported product in Saudi Arabia. The main destination of Electrical Transformers exports from Saudi Arabia are: United Arab Emirates ($9.6M), Oman ($5.53M), Kuwait ($4.45M), India ($4.13M), and Netherlands ($3.48M).

The fastest growing export markets for Electrical Transformers of Saudi Arabia between 2021 and 2022 were Oman ($4.95M), Kuwait ($4.26M), and India ($4.12M).

Imports In 2022, Saudi Arabia imported $882M in Electrical Transformers, becoming the 36th largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 38th most imported product in Saudi Arabia. Saudi Arabia imports Electrical Transformers primarily from: China ($195M), South Korea ($185M), United Arab Emirates ($164M), Germany ($40.8M), and United States ($40.4M).

The fastest growing import markets in Electrical Transformers for Saudi Arabia between 2021 and 2022 were South Korea ($85.6M), China ($77.1M), and United Arab Emirates ($51.5M).

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 Electrical Transformers. 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)$42.2M
IMPORTS (2022)$882M
NET TRADE (2022)-$840M

In 2022, Saudi Arabia exported $42.2M in Electrical Transformers. The main destinations of Saudi Arabia exports on Electrical Transformers were United Arab Emirates ($9.6M), Oman ($5.53M), Kuwait ($4.45M), India ($4.13M), and Netherlands ($3.48M).

In 2022, Saudi Arabia imported $882M in Electrical Transformers, mainly from China ($195M), South Korea ($185M), United Arab Emirates ($164M), Germany ($40.8M), and United States ($40.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Transformers EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Oman$4.95M (856%)
Kuwait$4.26M (2.25k%)
India$4.12M (29.1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Transformers BY Saudi Arabia WERE (2021 - 2022):
Bahrain-$16.8M (-87.1%)
United Arab Emirates-$7.96M (-45.3%)
Sudan-$3.43M (-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 Electrical Transformers were:
In 2022, Saudi Arabia's main importing competitors in Electrical Transformers were:

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Trade Value of Electrical Transformers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $3.53M
TOP IMPORT POTENTIALChina+ $132M

Electrical Transformers’s highest export potential is India. With an export gap of $3.53M.   Electrical Transformers’s highest import potential is China with an import gap of $132M.

See methodology.

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