2022
Exports
$395MWorld Rnk 31 / 217
Flag Rnk 24 / 96
2022
PRODUCT COMPLEXITY IN Paints, dyes, & varnishes
1.08Rnk 144 / 1025
2022
Imports
$808MWorld Rnk 32 / 225
Flag Rnk 46 / 96
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $395M in Paints, dyes, & varnishes, making it the 31st largest exporter of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 24th most exported product in Saudi Arabia. The main destination of Paints, dyes, & varnishes exports from Saudi Arabia are: United Arab Emirates ($86.1M), Kuwait ($57.9M), India ($38.8M), Egypt ($38.6M), and Turkey ($23.8M).

The fastest growing export markets for Paints, dyes, & varnishes of Saudi Arabia between 2021 and 2022 were Kuwait ($38.4M), United Arab Emirates ($21.6M), and Jordan ($5.34M).

Imports In 2022, Saudi Arabia imported $808M in Paints, dyes, & varnishes, becoming the 32nd largest importer of Paints, dyes, & varnishes in the world. At the same year, Paints, dyes, & varnishes was the 46th most imported product in Saudi Arabia. Saudi Arabia imports Paints, dyes, & varnishes primarily from: China ($211M), United Arab Emirates ($150M), Germany ($83M), United Kingdom ($65.4M), and Spain ($49.6M).

The fastest growing import markets in Paints, dyes, & varnishes for Saudi Arabia between 2021 and 2022 were China ($109M), United Arab Emirates ($41.8M), and Spain ($19.8M).

COMPANIES In 2023, leading companies such as Hilti Power Tools (1) were at the forefront of shipping Paints, dyes, & varnishes from Saudi Arabia to the United States.

Latest Trends

Jul 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 Paints, dyes, & varnishes. 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)$395M
IMPORTS (2022)$808M
NET TRADE (2022)-$412M

In 2022, Saudi Arabia exported $395M in Paints, dyes, & varnishes. The main destinations of Saudi Arabia exports on Paints, dyes, & varnishes were United Arab Emirates ($86.1M), Kuwait ($57.9M), India ($38.8M), Egypt ($38.6M), and Turkey ($23.8M).

In 2022, Saudi Arabia imported $808M in Paints, dyes, & varnishes, mainly from China ($211M), United Arab Emirates ($150M), Germany ($83M), United Kingdom ($65.4M), and Spain ($49.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Paints, dyes, & varnishes EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Kuwait$38.4M (198%)
United Arab Emirates$21.6M (33.5%)
Jordan$5.34M (85.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paints, dyes, & varnishes BY Saudi Arabia WERE (2021 - 2022):
Yemen-$23.6M (-100%)
Belgium-$17.6M (-84.3%)
Iraq-$15.1M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Paints, dyes, & varnishes were:
In 2022, Saudi Arabia's main importing competitors in Paints, dyes, & varnishes were:

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Trade Value of Paints, dyes, & varnishes by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $9.75M
TOP IMPORT POTENTIALGermany+ $22M

Paints, dyes, & varnishes’s highest export potential is India. With an export gap of $9.75M.   Paints, dyes, & varnishes’s highest import potential is Germany with an import gap of $22M.

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