2022
Exports
$422MWorld Rnk 53 / 223
Flag Rnk 22 / 96
2022
PRODUCT COMPLEXITY IN Pharmaceutical products
1.38Rnk 75 / 1025
2022
Imports
$5.47BWorld Rnk 26 / 226
Flag Rnk 8 / 96
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $422M in Pharmaceutical products, making it the 53rd largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 22nd most exported product in Saudi Arabia. The main destination of Pharmaceutical products exports from Saudi Arabia are: United Arab Emirates ($138M), Kuwait ($130M), Egypt ($43.8M), Oman ($39.8M), and Bahrain ($26.9M).

The fastest growing export markets for Pharmaceutical products of Saudi Arabia between 2021 and 2022 were Kuwait ($91M), United Arab Emirates ($23.7M), and Egypt ($6.89M).

Imports In 2022, Saudi Arabia imported $5.47B in Pharmaceutical products, becoming the 26th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 8th most imported product in Saudi Arabia. Saudi Arabia imports Pharmaceutical products primarily from: Belgium ($861M), Germany ($829M), Switzerland ($660M), United States ($438M), and United Kingdom ($368M).

The fastest growing import markets in Pharmaceutical products for Saudi Arabia between 2021 and 2022 were Germany ($123M), United Kingdom ($72M), and United Arab Emirates ($64.7M).

Latest Trends

Nov 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 Pharmaceutical products. 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)$422M
IMPORTS (2022)$5.47B
NET TRADE (2022)-$5.05B

In 2022, Saudi Arabia exported $422M in Pharmaceutical products. The main destinations of Saudi Arabia exports on Pharmaceutical products were United Arab Emirates ($138M), Kuwait ($130M), Egypt ($43.8M), Oman ($39.8M), and Bahrain ($26.9M).

In 2022, Saudi Arabia imported $5.47B in Pharmaceutical products, mainly from Belgium ($861M), Germany ($829M), Switzerland ($660M), United States ($438M), and United Kingdom ($368M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Kuwait$91M (233%)
United Arab Emirates$23.7M (20.7%)
Egypt$6.89M (18.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY Saudi Arabia WERE (2021 - 2022):
Iraq-$45.7M (-100%)
Sudan-$31.7M (-100%)
Algeria-$14.7M (-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 Pharmaceutical products were:
In 2022, Saudi Arabia's main importing competitors in Pharmaceutical products were:

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Trade Value of Pharmaceutical products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $12M
TOP IMPORT POTENTIALGermany+ $303M

Pharmaceutical products’s highest export potential is United Arab Emirates. With an export gap of $12M.   Pharmaceutical products’s highest import potential is Germany with an import gap of $303M.

See methodology.

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