2023
Exports
$409MWorld Rnk 56 / 226
Flag Rnk 15 / 21
2023
PRODUCT COMPLEXITY IN Instruments
1.85Rnk 9 / 1025
2023
Imports
$5.79BWorld Rnk 31 / 226
Flag Rnk 13 / 21
2023
ECONOMIC COMPLEXITY of Saudi Arabia
0.76Rnk 36 / 132

About

Exports In 2023, Saudi Arabia exported $409M in Instruments, making it the 56th largest exporter of Instruments in the world. At the same year, Instruments was the 15th most exported product in Saudi Arabia. The main destination of Instruments exports from Saudi Arabia are: United Arab Emirates ($82.6M), Hong Kong ($57M), Switzerland ($56.5M), Bahrain ($53M), and Oman ($22.7M).

The fastest growing export markets for Instruments of Saudi Arabia between 2022 and 2023 were United Arab Emirates ($55.1M), Switzerland ($37.5M), and Oman ($15.7M).

Imports In 2023, Saudi Arabia imported $5.79B in Instruments, becoming the 31st largest importer of Instruments in the world. At the same year, Instruments was the 13th most imported product in Saudi Arabia. Saudi Arabia imports Instruments primarily from: United States ($1.1B), China ($770M), Germany ($682M), Switzerland ($541M), and Mexico ($304M).

The fastest growing import markets in Instruments for Saudi Arabia between 2022 and 2023 were United States ($197M), China ($164M), and Germany ($132M).

COMPANIES In 2024, leading companies such as Continental Materials (2) and BOEING (1) were at the forefront of shipping Instruments from Saudi Arabia to the United States.

Latest Trends

Jan 2025

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 Instruments. 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 (2023)$409M
IMPORTS (2023)$5.79B
NET TRADE (2023)-$5.38B

In 2023, Saudi Arabia exported $409M in Instruments. The main destinations of Saudi Arabia exports on Instruments were United Arab Emirates ($82.6M), Hong Kong ($57M), Switzerland ($56.5M), Bahrain ($53M), and Oman ($22.7M).

In 2023, Saudi Arabia imported $5.79B in Instruments, mainly from United States ($1.1B), China ($770M), Germany ($682M), Switzerland ($541M), and Mexico ($304M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Instruments EXPORT MARKETS FOR Saudi Arabia WERE (2022 - 2023):
Switzerland$37.5M (198%)
Oman$15.7M (227%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Instruments BY Saudi Arabia WERE (2022 - 2023):
Hong Kong-$23.5M (-29.2%)
France-$10.5M (-67.9%)
Belgium-$5.4M (-78.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Saudi Arabia's main exporting competitors in Instruments were:
In 2023, Saudi Arabia's main importing competitors in Instruments were:

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Trade Value of Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $7.23M
TOP IMPORT POTENTIALChina+ $224M

Instruments’s highest export potential is Germany. With an export gap of $7.23M.   Instruments’s highest import potential is China with an import gap of $224M.

See methodology.

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