2022
Exports
$290BWorld Rnk 4 / 220
Flag Rnk 1 / 21
2022
PRODUCT COMPLEXITY IN Mineral Products
0.48Rnk 371 / 1025
2022
Imports
$8.44BWorld Rnk 61 / 226
Flag Rnk 6 / 21
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $290B in Mineral Products, making it the 4th largest exporter of Mineral Products in the world. At the same year, Mineral Products was the 1st most exported product in Saudi Arabia. The main destination of Mineral Products exports from Saudi Arabia are: China ($57.8B), India ($37.8B), Japan ($35.3B), South Korea ($34.5B), and United States ($21.4B).

The fastest growing export markets for Mineral Products of Saudi Arabia between 2021 and 2022 were China ($17.5B), India ($15.5B), and South Korea ($14.2B).

Imports In 2022, Saudi Arabia imported $8.44B in Mineral Products, becoming the 61st largest importer of Mineral Products in the world. At the same year, Mineral Products was the 6th most imported product in Saudi Arabia. Saudi Arabia imports Mineral Products primarily from: India ($2.11B), Oman ($832M), Netherlands ($797M), Bahrain ($694M), and Nigeria ($650M).

The fastest growing import markets in Mineral Products for Saudi Arabia between 2021 and 2022 were Nigeria ($644M), Oman ($506M), and Netherlands ($479M).

COMPANIES In 2023, leading companies such as Stelfast (6) were at the forefront of shipping Mineral Products from Saudi Arabia to the United States.

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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 Mineral Products. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$290B
IMPORTS (2022)$8.44B
NET TRADE (2022)$281B

In 2022, Saudi Arabia exported $290B in Mineral Products. The main destinations of Saudi Arabia exports on Mineral Products were China ($57.8B), India ($37.8B), Japan ($35.3B), South Korea ($34.5B), and United States ($21.4B).

In 2022, Saudi Arabia imported $8.44B in Mineral Products, mainly from India ($2.11B), Oman ($832M), Netherlands ($797M), Bahrain ($694M), and Nigeria ($650M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mineral Products EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
China$17.5B (43.3%)
India$15.5B (69.3%)
South Korea$14.2B (69.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral Products BY Saudi Arabia WERE (2021 - 2022):
Egypt-$1.96B (-31.1%)
United Arab Emirates-$1.94B (-40.2%)
Djibouti-$1.64B (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Mineral Products were:
In 2022, Saudi Arabia's main importing competitors in Mineral Products were:

Explore Visualizations

Trade Value of Mineral Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.1B
TOP IMPORT POTENTIALIndia+ $512M

Mineral Products’s highest export potential is United States. With an export gap of $5.1B.   Mineral Products’s highest import potential is India with an import gap of $512M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with