2022
Exports
$70.1MWorld Rnk 26 / 152
Flag Rnk 110 / 1100
2022
PRODUCT COMPLEXITY IN Seed Oils
-0.99Rnk 836 / 1025
2022
Imports
$121MWorld Rnk 37 / 211
Flag Rnk 256 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $70.1M in Seed Oils, making it the 26th largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 110th most exported product in Saudi Arabia. The main destination of Seed Oils exports from Saudi Arabia are: Kuwait ($38.2M), Jordan ($27.1M), Lebanon ($2.22M), Bahrain ($2.06M), and Oman ($359k).

The fastest growing export markets for Seed Oils of Saudi Arabia between 2021 and 2022 were Kuwait ($27.8M), Lebanon ($910k), and Bahrain ($683k).

Imports In 2022, Saudi Arabia imported $121M in Seed Oils, becoming the 37th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 256th most imported product in Saudi Arabia. Saudi Arabia imports Seed Oils primarily from: Turkey ($42M), Ukraine ($40.7M), Oman ($25.9M), United Arab Emirates ($9.08M), and Belgium ($1.93M).

The fastest growing import markets in Seed Oils for Saudi Arabia between 2021 and 2022 were Turkey ($41.9M), United Arab Emirates ($3.87M), and Belgium ($1.93M).

Latest Trends

Oct 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 Seed Oils. 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)$70.1M
IMPORTS (2022)$121M
NET TRADE (2022)-$51M

In 2022, Saudi Arabia exported $70.1M in Seed Oils. The main destinations of Saudi Arabia exports on Seed Oils were Kuwait ($38.2M), Jordan ($27.1M), Lebanon ($2.22M), Bahrain ($2.06M), and Oman ($359k).

In 2022, Saudi Arabia imported $121M in Seed Oils, mainly from Turkey ($42M), Ukraine ($40.7M), Oman ($25.9M), United Arab Emirates ($9.08M), and Belgium ($1.93M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Kuwait$27.8M (267%)
Lebanon$910k (69.3%)
Bahrain$683k (49.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Saudi Arabia WERE (2021 - 2022):
Jordan-$6.59M (-19.6%)
Oman-$883k (-71.1%)
United Arab Emirates-$652k (-71.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Seed Oils were:
Ukraine $5.54B
Russia $3.01B
Turkey $1.88B
In 2022, Saudi Arabia's main importing competitors in Seed Oils were:

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $605k
TOP IMPORT POTENTIALBelgium+ $978k

Seed Oils’s highest export potential is United Arab Emirates. With an export gap of $605k.   Seed Oils’s highest import potential is Belgium with an import gap of $978k.

See methodology.

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