2022
Exports
$24.1MWorld Rnk 65 / 224
Flag Rnk 179 / 1100
2022
PRODUCT COMPLEXITY IN Medical Instruments
0.76Rnk 260 / 1025
2022
Imports
$1.08BWorld Rnk 26 / 225
Flag Rnk 28 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $24.1M in Medical Instruments, making it the 65th largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 179th most exported product in Saudi Arabia. The main destination of Medical Instruments exports from Saudi Arabia are: Netherlands ($13M), United Arab Emirates ($4.2M), Kuwait ($1.92M), Germany ($1.07M), and Switzerland ($928k).

The fastest growing export markets for Medical Instruments of Saudi Arabia between 2021 and 2022 were Netherlands ($7.04M), United Arab Emirates ($1.9M), and Kuwait ($1.6M).

Imports In 2022, Saudi Arabia imported $1.08B in Medical Instruments, becoming the 26th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 28th most imported product in Saudi Arabia. Saudi Arabia imports Medical Instruments primarily from: Netherlands ($220M), Germany ($208M), United States ($189M), China ($83.3M), and Belgium ($81.1M).

The fastest growing import markets in Medical Instruments for Saudi Arabia between 2021 and 2022 were Netherlands ($70.7M), United Arab Emirates ($52.4M), and Germany ($43.3M).

Latest Trends

Aug 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 Medical 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 (2022)$24.1M
IMPORTS (2022)$1.08B
NET TRADE (2022)-$1.06B

In 2022, Saudi Arabia exported $24.1M in Medical Instruments. The main destinations of Saudi Arabia exports on Medical Instruments were Netherlands ($13M), United Arab Emirates ($4.2M), Kuwait ($1.92M), Germany ($1.07M), and Switzerland ($928k).

In 2022, Saudi Arabia imported $1.08B in Medical Instruments, mainly from Netherlands ($220M), Germany ($208M), United States ($189M), China ($83.3M), and Belgium ($81.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Netherlands$7.04M (119%)
Kuwait$1.6M (486%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Saudi Arabia WERE (2021 - 2022):
Iraq-$777k (-100%)
Yemen-$686k (-100%)
United States-$544k (-79.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Medical Instruments were:
In 2022, Saudi Arabia's main importing competitors in Medical Instruments were:

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Trade Value of Medical Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $2.4M
TOP IMPORT POTENTIALUnited States+ $65.4M

Medical Instruments’s highest export potential is United Arab Emirates. With an export gap of $2.4M.   Medical Instruments’s highest import potential is United States with an import gap of $65.4M.

See methodology.

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