2022
Exports
$16.6MWorld Rnk 72 / 221
Flag Rnk 201 / 1100
2022
PRODUCT COMPLEXITY IN Excavation Machinery
0.96Rnk 185 / 1025
2022
Imports
$960MWorld Rnk 22 / 224
Flag Rnk 33 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $16.6M in Excavation Machinery, making it the 72nd largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 201st most exported product in Saudi Arabia. The main destination of Excavation Machinery exports from Saudi Arabia are: Germany ($3.31M), Bahrain ($2.6M), United Arab Emirates ($2.08M), Oman ($1.64M), and United States ($1.44M).

The fastest growing export markets for Excavation Machinery of Saudi Arabia between 2021 and 2022 were Germany ($2.51M), India ($401k), and Bahrain ($298k).

Imports In 2022, Saudi Arabia imported $960M in Excavation Machinery, becoming the 22nd largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 33rd most imported product in Saudi Arabia. Saudi Arabia imports Excavation Machinery primarily from: United Arab Emirates ($363M), China ($145M), United States ($104M), Italy ($89.7M), and South Korea ($44M).

The fastest growing import markets in Excavation Machinery for Saudi Arabia between 2021 and 2022 were United Arab Emirates ($95.6M), China ($52.1M), and United States ($32.9M).

Latest Trends

Sep 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 Excavation Machinery. 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)$16.6M
IMPORTS (2022)$960M
NET TRADE (2022)-$943M

In 2022, Saudi Arabia exported $16.6M in Excavation Machinery. The main destinations of Saudi Arabia exports on Excavation Machinery were Germany ($3.31M), Bahrain ($2.6M), United Arab Emirates ($2.08M), Oman ($1.64M), and United States ($1.44M).

In 2022, Saudi Arabia imported $960M in Excavation Machinery, mainly from United Arab Emirates ($363M), China ($145M), United States ($104M), Italy ($89.7M), and South Korea ($44M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Excavation Machinery EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Germany$2.51M (314%)
India$401k (58.6%)
Bahrain$298k (13%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Excavation Machinery BY Saudi Arabia WERE (2021 - 2022):
United Arab Emirates-$22.7M (-91.6%)
Iraq-$11.6M (-100%)
Egypt-$3.2M (-89.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Excavation Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.5M
TOP IMPORT POTENTIALChina+ $75.5M

Excavation Machinery’s highest export potential is United States. With an export gap of $2.5M.   Excavation Machinery’s highest import potential is China with an import gap of $75.5M.

See methodology.

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