2022
Exports
$195kWorld Rnk 76 / 157
Flag Rnk 683 / 1100
2022
PRODUCT COMPLEXITY IN Silicone
1.72Rnk 20 / 1025
2022
Imports
$20.5MWorld Rnk 51 / 215
Flag Rnk 574 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $195k in Silicone, making it the 76th largest exporter of Silicone in the world. At the same year, Silicone was the 683rd most exported product in Saudi Arabia. The main destination of Silicone exports from Saudi Arabia are: Tunisia ($178k), Philippines ($13.2k), Oman ($2.92k), Turkey ($174), and Netherlands ($160).

The fastest growing export markets for Silicone of Saudi Arabia between 2021 and 2022 were Tunisia ($178k), Philippines ($13.2k), and Netherlands ($160).

Imports In 2022, Saudi Arabia imported $20.5M in Silicone, becoming the 51st largest importer of Silicone in the world. At the same year, Silicone was the 574th most imported product in Saudi Arabia. Saudi Arabia imports Silicone primarily from: Belgium ($6.96M), China ($4.76M), United Arab Emirates ($1.87M), India ($1.68M), and United States ($1.47M).

The fastest growing import markets in Silicone for Saudi Arabia between 2021 and 2022 were Belgium ($2.52M), China ($1.59M), and United Arab Emirates ($1.11M).

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 Silicone. 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)$195k
IMPORTS (2022)$20.5M
NET TRADE (2022)-$20.3M

In 2022, Saudi Arabia exported $195k in Silicone. The main destinations of Saudi Arabia exports on Silicone were Tunisia ($178k), Philippines ($13.2k), Oman ($2.92k), Turkey ($174), and Netherlands ($160).

In 2022, Saudi Arabia imported $20.5M in Silicone, mainly from Belgium ($6.96M), China ($4.76M), United Arab Emirates ($1.87M), India ($1.68M), and United States ($1.47M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silicone EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Tunisia$178k (1%)
Philippines$13.2k (1%)
Netherlands$160 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicone BY Saudi Arabia WERE (2021 - 2022):
Kuwait-$684k (-100%)
United Arab Emirates-$324k (-100%)
Egypt-$113k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Silicone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALOman+ $1.18k
TOP IMPORT POTENTIALChina+ $3.09M

Silicone’s highest export potential is Oman. With an export gap of $1.18k.   Silicone’s highest import potential is China with an import gap of $3.09M.

See methodology.

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