2022
Exports
$18.4MWorld Rnk 30 / 188
Flag Rnk 194 / 1100
2022
PRODUCT COMPLEXITY IN Hand-Woven Rugs
-0.91Rnk 811 / 1025
2022
Imports
$218MWorld Rnk 3 / 217
Flag Rnk 170 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $18.4M in Hand-Woven Rugs, making it the 30th largest exporter of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 194th most exported product in Saudi Arabia. The main destination of Hand-Woven Rugs exports from Saudi Arabia are: Kuwait ($11.5M), United Arab Emirates ($3.37M), Bahrain ($1.42M), Jordan ($855k), and Oman ($749k).

The fastest growing export markets for Hand-Woven Rugs of Saudi Arabia between 2021 and 2022 were Kuwait ($6.95M), Bahrain ($890k), and Jordan ($231k).

Imports In 2022, Saudi Arabia imported $218M in Hand-Woven Rugs, becoming the 3rd largest importer of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 170th most imported product in Saudi Arabia. Saudi Arabia imports Hand-Woven Rugs primarily from: Turkey ($113M), United Arab Emirates ($36.4M), Bulgaria ($25.5M), China ($18.9M), and Georgia ($5.68M).

The fastest growing import markets in Hand-Woven Rugs for Saudi Arabia between 2021 and 2022 were Turkey ($113M), China ($4.98M), and United Kingdom ($1.47M).

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 Hand-Woven Rugs. 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)$18.4M
IMPORTS (2022)$218M
NET TRADE (2022)-$199M

In 2022, Saudi Arabia exported $18.4M in Hand-Woven Rugs. The main destinations of Saudi Arabia exports on Hand-Woven Rugs were Kuwait ($11.5M), United Arab Emirates ($3.37M), Bahrain ($1.42M), Jordan ($855k), and Oman ($749k).

In 2022, Saudi Arabia imported $218M in Hand-Woven Rugs, mainly from Turkey ($113M), United Arab Emirates ($36.4M), Bulgaria ($25.5M), China ($18.9M), and Georgia ($5.68M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand-Woven Rugs EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Kuwait$6.95M (154%)
Bahrain$890k (169%)
Jordan$231k (37%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand-Woven Rugs BY Saudi Arabia WERE (2021 - 2022):
Yemen-$9.08M (-100%)
Turkey-$2.58M (-96%)
United Arab Emirates-$1.63M (-32.7%)

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-Woven Rugs were:
Turkey $2.34B
India $785M
China $584M
In 2022, Saudi Arabia's main importing competitors in Hand-Woven Rugs were:

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Trade Value of Hand-Woven Rugs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $906k
TOP IMPORT POTENTIALChina+ $4.47M

Hand-Woven Rugs’s highest export potential is United Arab Emirates. With an export gap of $906k.   Hand-Woven Rugs’s highest import potential is China with an import gap of $4.47M.

See methodology.

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