2023
Exports
$1.8MWorld Rnk 72 / 190
Flag Rnk 545 / 1148
2023
PRODUCT COMPLEXITY IN Special Pharmaceuticals
0.53Rnk 356 / 1025
2023
Imports
$348MWorld Rnk 12 / 220
Flag Rnk 119 / 1206
2023
ECONOMIC COMPLEXITY of Saudi Arabia
0.76Rnk 36 / 132

About

Exports In 2023, Saudi Arabia exported $1.8M in Special Pharmaceuticals, making it the 72nd largest exporter of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 545th most exported product in Saudi Arabia. The main destination of Special Pharmaceuticals exports from Saudi Arabia are: Pakistan ($546k), Netherlands ($437k), Egypt ($284k), United Arab Emirates ($274k), and Germany ($91.9k).

The fastest growing export markets for Special Pharmaceuticals of Saudi Arabia between 2022 and 2023 were United Arab Emirates ($231k), Germany ($84.4k), and Pakistan ($46.9k).

Imports In 2023, Saudi Arabia imported $348M in Special Pharmaceuticals, becoming the 12th largest importer of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 119th most imported product in Saudi Arabia. Saudi Arabia imports Special Pharmaceuticals primarily from: Ireland ($124M), Germany ($36.6M), United States ($32.9M), Japan ($20.6M), and Belgium ($17.7M).

The fastest growing import markets in Special Pharmaceuticals for Saudi Arabia between 2022 and 2023 were Ireland ($74.3M), Germany ($8.23M), and Switzerland ($4.92M).

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 Special Pharmaceuticals. 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)$1.8M
IMPORTS (2023)$348M
NET TRADE (2023)-$346M

In 2023, Saudi Arabia exported $1.8M in Special Pharmaceuticals. The main destinations of Saudi Arabia exports on Special Pharmaceuticals were Pakistan ($546k), Netherlands ($437k), Egypt ($284k), United Arab Emirates ($274k), and Germany ($91.9k).

In 2023, Saudi Arabia imported $348M in Special Pharmaceuticals, mainly from Ireland ($124M), Germany ($36.6M), United States ($32.9M), Japan ($20.6M), and Belgium ($17.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Special Pharmaceuticals EXPORT MARKETS FOR Saudi Arabia WERE (2022 - 2023):
Germany$84.4k (1.13k%)
Pakistan$46.9k (9.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special Pharmaceuticals BY Saudi Arabia WERE (2022 - 2023):
Netherlands-$346k (-44.1%)
Lebanon-$170k (-100%)
Egypt-$164k (-36.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Special Pharmaceuticals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $127k
TOP IMPORT POTENTIALGermany+ $7.5M

Special Pharmaceuticals’s highest export potential is Netherlands. With an export gap of $127k.   Special Pharmaceuticals’s highest import potential is Germany with an import gap of $7.5M.

See methodology.

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