2022
PRODUCT COMPLEXITY IN Hand Tools
0.83Rnk 235 / 1025
2022
Imports
falseWorld Rnk 32 / 220
Flag Rnk 569 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

The fastest growing export markets for Hand Tools of Saudi Arabia between 2021 and 2022 were Oman ($39.1k), Norway ($9.27k), and Switzerland ($4.57k).

Imports In 2022, Saudi Arabia imported $21M in Hand Tools, becoming the 32nd largest importer of Hand Tools in the world. At the same year, Hand Tools was the 569th most imported product in Saudi Arabia. Saudi Arabia imports Hand Tools primarily from: N/A.

The fastest growing import markets in Hand Tools for Saudi Arabia between 2021 and 2022 were China ($2.98M), United Arab Emirates ($1.08M), and Spain ($564k).

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 Hand Tools. 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
IMPORTS (2022)$21M

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Oman$39.1k (263%)
Norway$9.27k (3.88k%)
Switzerland$4.57k (3.6k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY Saudi Arabia WERE (2021 - 2022):
Qatar-$155k (-100%)
United Arab Emirates-$89.6k (-99%)
Netherlands-$54.7k (-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 Hand Tools were:
In 2022, Saudi Arabia's main importing competitors in Hand Tools were:

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Trade Value of Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSwitzerland+ $4.63k
TOP IMPORT POTENTIALChina+ $1.91M

Hand Tools’s highest export potential is Switzerland. With an export gap of $4.63k.   Hand Tools’s highest import potential is China with an import gap of $1.91M.

See methodology.

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