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2022
Exports $2.38kWorld Rnk 93 / 109
Flag Rnk 1020 / 1100
falsefalse United Arab Emirates
2021 - 2022
FASTEST GROWING MARKETfalsefalse
2022
PRODUCT COMPLEXITY IN Flat-Rolled Iron1.12Rnk 129 / 1025
2022
Imports $842kWorld Rnk 91 / 182
Flag Rnk 1009 / 1197
2021 - 2022
FASTEST GROWING ORIGINfalseUnited States
2022
ECONOMIC COMPLEXITY of Saudi Arabia0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $2.38k in Flat-Rolled Iron, making it the 93rd largest exporter of Flat-Rolled Iron in the world. At the same year, Flat-Rolled Iron was the 1020th most exported product in Saudi Arabia. The main destination of Flat-Rolled Iron exports from Saudi Arabia are: United Arab Emirates ($2.38k).

Imports In 2022, Saudi Arabia imported $842k in Flat-Rolled Iron, becoming the 91st largest importer of Flat-Rolled Iron in the world. At the same year, Flat-Rolled Iron was the 1009th most imported product in Saudi Arabia. Saudi Arabia imports Flat-Rolled Iron primarily from: China ($384k), United Arab Emirates ($140k), Germany ($94.5k), United States ($85k), and United Kingdom ($63.9k).

The fastest growing import markets in Flat-Rolled Iron for Saudi Arabia between 2021 and 2022 were United States ($64.4k), United Kingdom ($49.7k), and Slovenia ($3.94k).

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 Flat-Rolled Iron. 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)$2.38k
IMPORTS (2022)$842k
NET TRADE (2022)-$839k

In 2022, Saudi Arabia exported $2.38k in Flat-Rolled Iron. The main destinations of Saudi Arabia exports on Flat-Rolled Iron were United Arab Emirates ($2.38k).

In 2022, Saudi Arabia imported $842k in Flat-Rolled Iron, mainly from China ($384k), United Arab Emirates ($140k), Germany ($94.5k), United States ($85k), and United Kingdom ($63.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat-Rolled Iron BY Saudi Arabia WERE (2021 - 2022):
Yemen-$204k (-100%)
Jordan-$64.3k (-100%)
China-$45.2k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Flat-Rolled Iron were:
Germany $1.13B
Austria $640M
China $464M
In 2022, Saudi Arabia's main importing competitors in Flat-Rolled Iron were:
Germany $587M
China $369M
United States $283M

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Trade Value of Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $1.78k
TOP IMPORT POTENTIALChina+ $275k

Flat-Rolled Iron’s highest export potential is United Arab Emirates. With an export gap of $1.78k.   Flat-Rolled Iron’s highest import potential is China with an import gap of $275k.

See methodology.

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