2022
Exports
$5.85BWorld Rnk 23 / 160
Flag Rnk 6 / 1100
2022
PRODUCT COMPLEXITY IN Petroleum Gas
-1.98Rnk 1000 / 1025
2022
Imports
$4.98MWorld Rnk 151 / 222
Flag Rnk 817 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $5.85B in Petroleum Gas, making it the 23rd 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 ($2.96B), China ($733M), Egypt ($449M), Indonesia ($382M), and Thailand ($238M).

The fastest growing export markets for Petroleum Gas of Saudi Arabia between 2021 and 2022 were India ($351M), Thailand ($197M), and South Korea ($177M).

Imports In 2022, Saudi Arabia imported $4.98M in Petroleum Gas, becoming the 151st largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 817th most imported product in Saudi Arabia. Saudi Arabia imports Petroleum Gas primarily from: South Korea ($1.91M), United Kingdom ($1.11M), Kuwait ($883k), United Arab Emirates ($489k), and United States ($296k).

The fastest growing import markets in Petroleum Gas for Saudi Arabia between 2021 and 2022 were South Korea ($863k), United Kingdom ($597k), and Singapore ($22k).

Latest Trends

Oct 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 (2022)$5.85B
IMPORTS (2022)$4.98M
NET TRADE (2022)$5.85B

In 2022, Saudi Arabia exported $5.85B in Petroleum Gas. The main destinations of Saudi Arabia exports on Petroleum Gas were India ($2.96B), China ($733M), Egypt ($449M), Indonesia ($382M), and Thailand ($238M).

In 2022, Saudi Arabia imported $4.98M in Petroleum Gas, mainly from South Korea ($1.91M), United Kingdom ($1.11M), Kuwait ($883k), United Arab Emirates ($489k), and United States ($296k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
India$351M (13.5%)
Thailand$197M (476%)
South Korea$177M (719%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Saudi Arabia WERE (2021 - 2022):
Indonesia-$128M (-25.1%)
Philippines-$25.6M (-15%)
Japan-$12.9M (-10.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Petroleum Gas were:
In 2022, Saudi Arabia's main importing competitors in Petroleum Gas were:
China $72.7B
Italy $67.6B

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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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