Exports In 2022, Saudi Arabia exported $2.07B in Precious Metals, making it the 48th largest exporter of Precious Metals in the world. At the same year, Precious Metals was the 6th most exported product in Saudi Arabia. The main destination of Precious Metals exports from Saudi Arabia are: Switzerland ($595M), Germany ($569M), United Arab Emirates ($548M), India ($202M), and Singapore ($31.9M).
The fastest growing export markets for Precious Metals of Saudi Arabia between 2021 and 2022 were Germany ($460M), India ($74.9M), and Nepal ($22M).
Imports In 2022, Saudi Arabia imported $7.6B in Precious Metals, becoming the 21st largest importer of Precious Metals in the world. At the same year, Precious Metals was the 10th most imported product in Saudi Arabia. Saudi Arabia imports Precious Metals primarily from: United Arab Emirates ($3.77B), Switzerland ($3.12B), United Kingdom ($241M), China ($99.4M), and United States ($90.3M).
The fastest growing import markets in Precious Metals for Saudi Arabia between 2021 and 2022 were Switzerland ($2.29B), United States ($49.8M), and Turkey ($22.5M).