2022
Exports
$16.6kWorld Rnk 69 / 105
Flag Rnk 933 / 1100
2022
PRODUCT COMPLEXITY IN Peat
-0.028Rnk 554 / 1025
2022
Imports
$19.2MWorld Rnk 20 / 195
Flag Rnk 595 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $16.6k in Peat, making it the 69th largest exporter of Peat in the world. At the same year, Peat was the 933rd most exported product in Saudi Arabia. The main destination of Peat exports from Saudi Arabia are: Bahrain ($8.28k), Oman ($8.21k), Netherlands ($47), Czechia ($18), and Lithuania ($6).

The fastest growing export markets for Peat of Saudi Arabia between 2021 and 2022 were Netherlands ($47) and Lithuania ($6).

Imports In 2022, Saudi Arabia imported $19.2M in Peat, becoming the 20th largest importer of Peat in the world. At the same year, Peat was the 595th most imported product in Saudi Arabia. Saudi Arabia imports Peat primarily from: Lithuania ($11M), Latvia ($5.64M), Germany ($1.26M), Estonia ($601k), and Poland ($345k).

The fastest growing import markets in Peat for Saudi Arabia between 2021 and 2022 were Lithuania ($8.4M), Latvia ($2M), and Estonia ($190k).

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 Peat. 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)$16.6k
IMPORTS (2022)$19.2M
NET TRADE (2022)-$19.2M

In 2022, Saudi Arabia exported $16.6k in Peat. The main destinations of Saudi Arabia exports on Peat were Bahrain ($8.28k), Oman ($8.21k), Netherlands ($47), Czechia ($18), and Lithuania ($6).

In 2022, Saudi Arabia imported $19.2M in Peat, mainly from Lithuania ($11M), Latvia ($5.64M), Germany ($1.26M), Estonia ($601k), and Poland ($345k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Peat EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Netherlands$47 (1%)
Lithuania$6 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peat BY Saudi Arabia WERE (2021 - 2022):
Bahrain-$33.8k (-80.3%)
Oman-$24.9k (-75.2%)
Namibia-$366 (-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 Peat were:
In 2022, Saudi Arabia's main importing competitors in Peat were:

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Trade Value of Peat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALOman+ $1.18k
TOP IMPORT POTENTIALGermany+ $513k

Peat’s highest export potential is Oman. With an export gap of $1.18k.   Peat’s highest import potential is Germany with an import gap of $513k.

See methodology.

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