2022
Exports
$684kWorld Rnk 76 / 162
Flag Rnk 529 / 1100
2022
PRODUCT COMPLEXITY IN Precious Stones
-1.14Rnk 866 / 1025
2022
Imports
$1.07MWorld Rnk 59 / 185
Flag Rnk 987 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $684k in Precious Stones, making it the 76th largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 529th most exported product in Saudi Arabia. The main destination of Precious Stones exports from Saudi Arabia are: China ($644k), Tanzania ($13.3k), Switzerland ($4.92k), Kuwait ($4.83k), and Canada ($4.21k).

The fastest growing export markets for Precious Stones of Saudi Arabia between 2021 and 2022 were China ($644k), Tanzania ($13.3k), and Kuwait ($4.83k).

Imports In 2022, Saudi Arabia imported $1.07M in Precious Stones, becoming the 59th largest importer of Precious Stones in the world. At the same year, Precious Stones was the 987th most imported product in Saudi Arabia. Saudi Arabia imports Precious Stones primarily from: Italy ($381k), Brazil ($185k), United Arab Emirates ($136k), Thailand ($136k), and United Kingdom ($59.6k).

The fastest growing import markets in Precious Stones for Saudi Arabia between 2021 and 2022 were Italy ($380k), Brazil ($112k), and United Arab Emirates ($101k).

Latest Trends

Aug 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 Precious Stones. 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)$684k
IMPORTS (2022)$1.07M
NET TRADE (2022)-$383k

In 2022, Saudi Arabia exported $684k in Precious Stones. The main destinations of Saudi Arabia exports on Precious Stones were China ($644k), Tanzania ($13.3k), Switzerland ($4.92k), Kuwait ($4.83k), and Canada ($4.21k).

In 2022, Saudi Arabia imported $1.07M in Precious Stones, mainly from Italy ($381k), Brazil ($185k), United Arab Emirates ($136k), Thailand ($136k), and United Kingdom ($59.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Stones EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
China$644k (1%)
Tanzania$13.3k (1%)
Kuwait$4.83k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Stones BY Saudi Arabia WERE (2021 - 2022):
United States-$220k (-98.7%)
France-$180k (-100%)
Switzerland-$6.06k (-55.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Precious Stones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $643k
TOP IMPORT POTENTIALUnited Arab Emirates+ $208k

Precious Stones’s highest export potential is China. With an export gap of $643k.   Precious Stones’s highest import potential is United Arab Emirates with an import gap of $208k.

See methodology.

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