2023
Exports
$3.77MWorld Rnk 94 / 147
Flag Rnk 434 / 1148
2023
PRODUCT COMPLEXITY IN Refined Copper
-1.41Rnk 931 / 1025
2023
Imports
$1.22BWorld Rnk 15 / 184
Flag Rnk 26 / 1206
2023
ECONOMIC COMPLEXITY of Saudi Arabia
0.76Rnk 36 / 132

About

Exports In 2023, Saudi Arabia exported $3.77M in Refined Copper, making it the 94th largest exporter of Refined Copper in the world. At the same year, Refined Copper was the 434th most exported product in Saudi Arabia. The main destination of Refined Copper exports from Saudi Arabia are: China ($1M), Egypt ($578k), Lebanon ($458k), Italy ($404k), and Kuwait ($302k).

The fastest growing export markets for Refined Copper of Saudi Arabia between 2022 and 2023 were China ($1M), Italy ($404k), and Lebanon ($340k).

Imports In 2023, Saudi Arabia imported $1.22B in Refined Copper, becoming the 15th largest importer of Refined Copper in the world. At the same year, Refined Copper was the 26th most imported product in Saudi Arabia. Saudi Arabia imports Refined Copper primarily from: Republic of the Congo ($643M), Democratic Republic of the Congo ($357M), Zambia ($63.8M), India ($51.3M), and Belgium ($25.3M).

The fastest growing import markets in Refined Copper for Saudi Arabia between 2022 and 2023 were Republic of the Congo ($618M), India ($50.4M), and Belgium ($25.3M).

Latest Trends

Dec 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 Refined Copper. 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 (2023)$3.77M
IMPORTS (2023)$1.22B
NET TRADE (2023)-$1.22B

In 2023, Saudi Arabia exported $3.77M in Refined Copper. The main destinations of Saudi Arabia exports on Refined Copper were China ($1M), Egypt ($578k), Lebanon ($458k), Italy ($404k), and Kuwait ($302k).

In 2023, Saudi Arabia imported $1.22B in Refined Copper, mainly from Republic of the Congo ($643M), Democratic Republic of the Congo ($357M), Zambia ($63.8M), India ($51.3M), and Belgium ($25.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Copper EXPORT MARKETS FOR Saudi Arabia WERE (2022 - 2023):
China$1M (1%)
Italy$404k (1%)
Lebanon$340k (289%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Copper BY Saudi Arabia WERE (2022 - 2023):
United Arab Emirates-$476k (-69.2%)
Yemen-$397k (-94.2%)
Iraq-$81.4k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Saudi Arabia's main exporting competitors in Refined Copper were:
In 2023, Saudi Arabia's main importing competitors in Refined Copper were:

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Trade Value of Refined Copper by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALEgypt+ $246k
TOP IMPORT POTENTIALGermany+ $2.39M

Refined Copper’s highest export potential is Egypt. With an export gap of $246k.   Refined Copper’s highest import potential is Germany with an import gap of $2.39M.

See methodology.

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