2022
Exports
$24.4MWorld Rnk 65 / 129
Flag Rnk 177 / 1100
2022
PRODUCT COMPLEXITY IN Ferroalloys
-1.24Rnk 892 / 1025
2022
Imports
$99.2MWorld Rnk 42 / 172
Flag Rnk 290 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $24.4M in Ferroalloys, making it the 65th largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 177th most exported product in Saudi Arabia. The main destination of Ferroalloys exports from Saudi Arabia are: United Arab Emirates ($16.8M), Spain ($3.06M), Canada ($1.98M), Oman ($1.54M), and Jordan ($889k).

The fastest growing export markets for Ferroalloys of Saudi Arabia between 2021 and 2022 were Spain ($2.7M), Jordan ($825k), and Switzerland ($47.4k).

Imports In 2022, Saudi Arabia imported $99.2M in Ferroalloys, becoming the 42nd largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 290th most imported product in Saudi Arabia. Saudi Arabia imports Ferroalloys primarily from: India ($56.9M), Kuwait ($29.1M), China ($7.15M), South Korea ($1.63M), and United Arab Emirates ($1.39M).

The fastest growing import markets in Ferroalloys for Saudi Arabia between 2021 and 2022 were Kuwait ($23.4M), India ($7.5M), and South Korea ($987k).

Latest Trends

Nov 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 Ferroalloys. 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)$24.4M
IMPORTS (2022)$99.2M
NET TRADE (2022)-$74.8M

In 2022, Saudi Arabia exported $24.4M in Ferroalloys. The main destinations of Saudi Arabia exports on Ferroalloys were United Arab Emirates ($16.8M), Spain ($3.06M), Canada ($1.98M), Oman ($1.54M), and Jordan ($889k).

In 2022, Saudi Arabia imported $99.2M in Ferroalloys, mainly from India ($56.9M), Kuwait ($29.1M), China ($7.15M), South Korea ($1.63M), and United Arab Emirates ($1.39M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Spain$2.7M (746%)
Jordan$825k (1.28k%)
Switzerland$47.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY Saudi Arabia WERE (2021 - 2022):
United Arab Emirates-$10.6M (-38.7%)
Pakistan-$4.75M (-100%)
Bahrain-$4.66M (-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 Ferroalloys were:
In 2022, Saudi Arabia's main importing competitors in Ferroalloys were:

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Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $1.89M
TOP IMPORT POTENTIALIndia+ $11.7M

Ferroalloys’s highest export potential is Spain. With an export gap of $1.89M.   Ferroalloys’s highest import potential is India with an import gap of $11.7M.

See methodology.

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