2023
Exports
$5.05MWorld Rnk 42 / 169
Flag Rnk 395 / 1148
2023
PRODUCT COMPLEXITY IN Organic Composite Solvents
-0.13Rnk 600 / 1025
2023
Imports
$47.8MWorld Rnk 12 / 220
Flag Rnk 440 / 1206
2023
ECONOMIC COMPLEXITY of Saudi Arabia
0.76Rnk 36 / 132

About

Exports In 2023, Saudi Arabia exported $5.05M in Organic Composite Solvents, making it the 42nd largest exporter of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 395th most exported product in Saudi Arabia. The main destination of Organic Composite Solvents exports from Saudi Arabia are: United Arab Emirates ($2.42M), Kuwait ($1.08M), Algeria ($387k), Bahrain ($293k), and Morocco ($145k).

The fastest growing export markets for Organic Composite Solvents of Saudi Arabia between 2022 and 2023 were Algeria ($387k), Iraq ($66.7k), and Sudan ($34.9k).

Imports In 2023, Saudi Arabia imported $47.8M in Organic Composite Solvents, becoming the 12th largest importer of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 440th most imported product in Saudi Arabia. Saudi Arabia imports Organic Composite Solvents primarily from: United States ($17.1M), Italy ($16.5M), United Arab Emirates ($4.53M), Egypt ($1.95M), and United Kingdom ($1.92M).

The fastest growing import markets in Organic Composite Solvents for Saudi Arabia between 2022 and 2023 were United States ($10.8M), Germany ($488k), and Belgium ($348k).

Latest Trends

Dec 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 Organic Composite Solvents. 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)$5.05M
IMPORTS (2023)$47.8M
NET TRADE (2023)-$42.7M

In 2023, Saudi Arabia exported $5.05M in Organic Composite Solvents. The main destinations of Saudi Arabia exports on Organic Composite Solvents were United Arab Emirates ($2.42M), Kuwait ($1.08M), Algeria ($387k), Bahrain ($293k), and Morocco ($145k).

In 2023, Saudi Arabia imported $47.8M in Organic Composite Solvents, mainly from United States ($17.1M), Italy ($16.5M), United Arab Emirates ($4.53M), Egypt ($1.95M), and United Kingdom ($1.92M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Organic Composite Solvents EXPORT MARKETS FOR Saudi Arabia WERE (2022 - 2023):
Algeria$387k (1%)
Iraq$66.7k (2.61k%)
Sudan$34.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic Composite Solvents BY Saudi Arabia WERE (2022 - 2023):
United Arab Emirates-$2.14M (-46.9%)
India-$1.01M (-100%)
Egypt-$188k (-75.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Saudi Arabia's main exporting competitors in Organic Composite Solvents were:
In 2023, Saudi Arabia's main importing competitors in Organic Composite Solvents were:
France $99.9M
China $98.5M

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Trade Value of Organic Composite Solvents by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $480k
TOP IMPORT POTENTIALGermany+ $753k

Organic Composite Solvents’s highest export potential is India. With an export gap of $480k.   Organic Composite Solvents’s highest import potential is Germany with an import gap of $753k.

See methodology.

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