2022
Exports
$672kWorld Rnk 80 / 149
Flag Rnk 535 / 1100
2022
PRODUCT COMPLEXITY IN Other Steel Bars
0.29Rnk 456 / 1025
2022
Imports
$19.5MWorld Rnk 67 / 218
Flag Rnk 593 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $672k in Other Steel Bars, making it the 80th largest exporter of Other Steel Bars in the world. At the same year, Other Steel Bars was the 535th most exported product in Saudi Arabia. The main destination of Other Steel Bars exports from Saudi Arabia are: China ($335k), Kuwait ($189k), Jordan ($72.6k), Sri Lanka ($50.3k), and Philippines ($12k).

The fastest growing export markets for Other Steel Bars of Saudi Arabia between 2021 and 2022 were China ($212k), Jordan ($39.7k), and Philippines ($12k).

Imports In 2022, Saudi Arabia imported $19.5M in Other Steel Bars, becoming the 67th largest importer of Other Steel Bars in the world. At the same year, Other Steel Bars was the 593rd most imported product in Saudi Arabia. Saudi Arabia imports Other Steel Bars primarily from: United Arab Emirates ($10.4M), China ($2.92M), Turkey ($1.66M), Egypt ($1.39M), and Kuwait ($900k).

The fastest growing import markets in Other Steel Bars for Saudi Arabia between 2021 and 2022 were United Arab Emirates ($8.01M), Turkey ($1.47M), and Kuwait ($900k).

Latest Trends

Apr 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 Other Steel Bars. 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)$672k
IMPORTS (2022)$19.5M
NET TRADE (2022)-$18.8M

In 2022, Saudi Arabia exported $672k in Other Steel Bars. The main destinations of Saudi Arabia exports on Other Steel Bars were China ($335k), Kuwait ($189k), Jordan ($72.6k), Sri Lanka ($50.3k), and Philippines ($12k).

In 2022, Saudi Arabia imported $19.5M in Other Steel Bars, mainly from United Arab Emirates ($10.4M), China ($2.92M), Turkey ($1.66M), Egypt ($1.39M), and Kuwait ($900k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Steel Bars EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
China$212k (172%)
Jordan$39.7k (121%)
Philippines$12k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Steel Bars BY Saudi Arabia WERE (2021 - 2022):
Egypt-$181k (-100%)
Sri Lanka-$144k (-74.1%)
Bahrain-$93.9k (-95.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Other Steel Bars were:
China $3.04B
Germany $1.79B
Japan $1.06B
In 2022, Saudi Arabia's main importing competitors in Other Steel Bars were:

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Trade Value of Other Steel Bars by Exporters

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