2022
Exports
$8.55MWorld Rnk 39 / 94
Flag Rnk 262 / 1100
2022
PRODUCT COMPLEXITY IN Platinum
0.58Rnk 328 / 1025
2022
Imports
$496kWorld Rnk 73 / 143
Flag Rnk 1039 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $8.55M in Platinum, making it the 39th largest exporter of Platinum in the world. At the same year, Platinum was the 262nd most exported product in Saudi Arabia. The main destination of Platinum exports from Saudi Arabia are: Germany ($7.58M), United Arab Emirates ($947k), Italy ($23k), and France ($40).

The fastest growing export markets for Platinum of Saudi Arabia between 2021 and 2022 were United Arab Emirates ($790k) and France ($40).

Imports In 2022, Saudi Arabia imported $496k in Platinum, becoming the 73rd largest importer of Platinum in the world. At the same year, Platinum was the 1039th most imported product in Saudi Arabia. Saudi Arabia imports Platinum primarily from: United States ($380k), Switzerland ($57.7k), Thailand ($26.1k), United Kingdom ($13.1k), and Germany ($8.74k).

The fastest growing import markets in Platinum for Saudi Arabia between 2021 and 2022 were United States ($168k), Thailand ($26k), and Germany ($5.36k).

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 Platinum. 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)$8.55M
IMPORTS (2022)$496k
NET TRADE (2022)$8.06M

In 2022, Saudi Arabia exported $8.55M in Platinum. The main destinations of Saudi Arabia exports on Platinum were Germany ($7.58M), United Arab Emirates ($947k), Italy ($23k), and France ($40).

In 2022, Saudi Arabia imported $496k in Platinum, mainly from United States ($380k), Switzerland ($57.7k), Thailand ($26.1k), United Kingdom ($13.1k), and Germany ($8.74k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Platinum EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
France$40 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Platinum BY Saudi Arabia WERE (2021 - 2022):
United States-$6.83M (-100%)
Germany-$3.63M (-32.4%)
Italy-$656k (-96.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Platinum were:
In 2022, Saudi Arabia's main importing competitors in Platinum were:

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Trade Value of Platinum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.58M
TOP IMPORT POTENTIALUnited States+ $413k

Platinum’s highest export potential is Germany. With an export gap of $2.58M.   Platinum’s highest import potential is United States with an import gap of $413k.

See methodology.

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