2023
Exports
$3.99MWorld Rnk 39 / 135
Flag Rnk 423 / 1148
2023
PRODUCT COMPLEXITY IN Refractory Cements
0.8Rnk 256 / 1025
2023
Imports
$60.8MWorld Rnk 13 / 213
Flag Rnk 389 / 1206
2023
ECONOMIC COMPLEXITY of Saudi Arabia
0.76Rnk 36 / 132

About

Exports In 2023, Saudi Arabia exported $3.99M in Refractory Cements, making it the 39th largest exporter of Refractory Cements in the world. At the same year, Refractory Cements was the 423rd most exported product in Saudi Arabia. The main destination of Refractory Cements exports from Saudi Arabia are: United Arab Emirates ($1.66M), Oman ($784k), Bangladesh ($427k), India ($186k), and Bahrain ($152k).

The fastest growing export markets for Refractory Cements of Saudi Arabia between 2022 and 2023 were United Arab Emirates ($136k), India ($94.5k), and Thailand ($93.2k).

Imports In 2023, Saudi Arabia imported $60.8M in Refractory Cements, becoming the 13th largest importer of Refractory Cements in the world. At the same year, Refractory Cements was the 389th most imported product in Saudi Arabia. Saudi Arabia imports Refractory Cements primarily from: Germany ($11.1M), India ($11M), Turkey ($8.44M), Austria ($7.34M), and Spain ($3.75M).

The fastest growing import markets in Refractory Cements for Saudi Arabia between 2022 and 2023 were Turkey ($5.35M), United Arab Emirates ($1.67M), and Netherlands ($1.09M).

Latest Trends

Jan 2025

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 Refractory Cements. 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)$3.99M
IMPORTS (2023)$60.8M
NET TRADE (2023)-$56.8M

In 2023, Saudi Arabia exported $3.99M in Refractory Cements. The main destinations of Saudi Arabia exports on Refractory Cements were United Arab Emirates ($1.66M), Oman ($784k), Bangladesh ($427k), India ($186k), and Bahrain ($152k).

In 2023, Saudi Arabia imported $60.8M in Refractory Cements, mainly from Germany ($11.1M), India ($11M), Turkey ($8.44M), Austria ($7.34M), and Spain ($3.75M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refractory Cements EXPORT MARKETS FOR Saudi Arabia WERE (2022 - 2023):
India$94.5k (103%)
Thailand$93.2k (674%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refractory Cements BY Saudi Arabia WERE (2022 - 2023):
Oman-$2.37M (-75.1%)
Turkey-$501k (-100%)
Belgium-$188k (-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 Refractory Cements were:
In 2023, Saudi Arabia's main importing competitors in Refractory Cements were:

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Trade Value of Refractory Cements by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $244k
TOP IMPORT POTENTIALChina+ $2.4M

Refractory Cements’s highest export potential is Turkey. With an export gap of $244k.   Refractory Cements’s highest import potential is China with an import gap of $2.4M.

See methodology.

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