2018
Exports
$184MWorld Rnk 40 / 192
Flag Rnk 61 / 1100
2022
PRODUCT COMPLEXITY IN Gas Turbines
0.71Rnk 270 / 1025
2018
Imports
$1.89BWorld Rnk 22 / 207
Flag Rnk 11 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2018, Saudi Arabia exported $184M in Gas Turbines, making it the 40th largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 61st most exported product in Saudi Arabia. The main destination of Gas Turbines exports from Saudi Arabia are: Hong Kong ($121M), Netherlands ($28.6M), United Kingdom ($11.8M), Italy ($6.14M), and United States ($4.23M).

The fastest growing export markets for Gas Turbines of Saudi Arabia between 2021 and 2022 were Hong Kong ($65M), Netherlands ($23.5M), and United Kingdom ($10.1M).

Imports In 2022, Saudi Arabia imported $1.89B in Gas Turbines, becoming the 22nd largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 11th most imported product in Saudi Arabia. Saudi Arabia imports Gas Turbines primarily from: United Kingdom ($829M), France ($356M), United States ($273M), United Arab Emirates ($120M), and Singapore ($67.3M).

The fastest growing import markets in Gas Turbines for Saudi Arabia between 2021 and 2022 were United Kingdom ($467M), France ($337M), and Singapore ($57.9M).

Latest Trends

Oct 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 Gas Turbines. 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)$184M
IMPORTS (2022)$1.89B
NET TRADE (2022)-$1.71B

In 2022, Saudi Arabia exported $184M in Gas Turbines. The main destinations of Saudi Arabia exports on Gas Turbines were Hong Kong ($121M), Netherlands ($28.6M), United Kingdom ($11.8M), Italy ($6.14M), and United States ($4.23M).

In 2022, Saudi Arabia imported $1.89B in Gas Turbines, mainly from United Kingdom ($829M), France ($356M), United States ($273M), United Arab Emirates ($120M), and Singapore ($67.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas Turbines EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Hong Kong$65M (115%)
Netherlands$23.5M (456%)
United Kingdom$10.1M (616%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas Turbines BY Saudi Arabia WERE (2021 - 2022):
Bangladesh-$92.6M (-100%)
United Arab Emirates-$50.3M (-100%)
Singapore-$29.7M (-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 Gas Turbines were:
In 2022, Saudi Arabia's main importing competitors in Gas Turbines were:

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Trade Value of Gas Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.56M
TOP IMPORT POTENTIALUnited States+ $69.6M

Gas Turbines’s highest export potential is United States. With an export gap of $9.56M.   Gas Turbines’s highest import potential is United States with an import gap of $69.6M.

See methodology.

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