2023
Exports
$4.51BWorld Rnk 21 / 163
Flag Rnk 6 / 1148
2023
PRODUCT COMPLEXITY IN Petroleum Gas
-2.01Rnk 998 / 1025
2023
Imports
$10.7MWorld Rnk 134 / 220
Flag Rnk 755 / 1206
2023
ECONOMIC COMPLEXITY of Saudi Arabia
0.76Rnk 36 / 132

About

Exports In 2023, Saudi Arabia exported $4.51B in Petroleum Gas, making it the 21st largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 6th most exported product in Saudi Arabia. The main destination of Petroleum Gas exports from Saudi Arabia are: India ($2.29B), China ($928M), Thailand ($225M), Malaysia ($212M), and Chinese Taipei ($168M).

The fastest growing export markets for Petroleum Gas of Saudi Arabia between 2022 and 2023 were Malaysia ($150M), Singapore ($102M), and China ($91.8M).

Imports In 2023, Saudi Arabia imported $10.7M in Petroleum Gas, becoming the 134th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 755th most imported product in Saudi Arabia. Saudi Arabia imports Petroleum Gas primarily from: Albania ($5.26M), South Korea ($2M), United Arab Emirates ($1.15M), United Kingdom ($663k), and China ($554k).

The fastest growing import markets in Petroleum Gas for Saudi Arabia between 2022 and 2023 were Albania ($4.44M), United Arab Emirates ($771k), and China ($323k).

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 Petroleum Gas. 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)$4.51B
IMPORTS (2023)$10.7M
NET TRADE (2023)$4.49B

In 2023, Saudi Arabia exported $4.51B in Petroleum Gas. The main destinations of Saudi Arabia exports on Petroleum Gas were India ($2.29B), China ($928M), Thailand ($225M), Malaysia ($212M), and Chinese Taipei ($168M).

In 2023, Saudi Arabia imported $10.7M in Petroleum Gas, mainly from Albania ($5.26M), South Korea ($2M), United Arab Emirates ($1.15M), United Kingdom ($663k), and China ($554k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Saudi Arabia WERE (2022 - 2023):
Malaysia$150M (243%)
Singapore$102M (195%)
China$91.8M (11%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Saudi Arabia WERE (2022 - 2023):
India-$667M (-22.5%)
Egypt-$460M (-100%)
Indonesia-$273M (-62.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Saudi Arabia's main exporting competitors in Petroleum Gas were:
In 2023, Saudi Arabia's main importing competitors in Petroleum Gas were:
China $83.7B
Japan $52.5B
France $45.4B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.37B
TOP IMPORT POTENTIALUnited Arab Emirates+ $1.42M

Petroleum Gas’s highest export potential is India. With an export gap of $1.37B.   Petroleum Gas’s highest import potential is United Arab Emirates with an import gap of $1.42M.

See methodology.

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