2022
Exports
$5.85MWorld Rnk 54 / 196
Flag Rnk 298 / 1100
2022
PRODUCT COMPLEXITY IN Stranded Iron Wire
0.15Rnk 505 / 1025
2022
Imports
$61.6MWorld Rnk 39 / 222
Flag Rnk 375 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $5.85M in Stranded Iron Wire, making it the 54th largest exporter of Stranded Iron Wire in the world. At the same year, Stranded Iron Wire was the 298th most exported product in Saudi Arabia. The main destination of Stranded Iron Wire exports from Saudi Arabia are: Kuwait ($3.09M), Bahrain ($1.04M), Netherlands ($555k), Guyana ($277k), and Morocco ($275k).

The fastest growing export markets for Stranded Iron Wire of Saudi Arabia between 2021 and 2022 were Netherlands ($518k), Guyana ($277k), and Morocco ($275k).

Imports In 2022, Saudi Arabia imported $61.6M in Stranded Iron Wire, becoming the 39th largest importer of Stranded Iron Wire in the world. At the same year, Stranded Iron Wire was the 375th most imported product in Saudi Arabia. Saudi Arabia imports Stranded Iron Wire primarily from: China ($32.9M), United Arab Emirates ($14.3M), India ($2.02M), Germany ($1.94M), and Italy ($1.67M).

The fastest growing import markets in Stranded Iron Wire for Saudi Arabia between 2021 and 2022 were China ($20.1M), United Arab Emirates ($6.29M), and Italy ($607k).

Latest Trends

Jul 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 Stranded Iron Wire. 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)$5.85M
IMPORTS (2022)$61.6M
NET TRADE (2022)-$55.7M

In 2022, Saudi Arabia exported $5.85M in Stranded Iron Wire. The main destinations of Saudi Arabia exports on Stranded Iron Wire were Kuwait ($3.09M), Bahrain ($1.04M), Netherlands ($555k), Guyana ($277k), and Morocco ($275k).

In 2022, Saudi Arabia imported $61.6M in Stranded Iron Wire, mainly from China ($32.9M), United Arab Emirates ($14.3M), India ($2.02M), Germany ($1.94M), and Italy ($1.67M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stranded Iron Wire EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Netherlands$518k (1.43k%)
Guyana$277k (1%)
Morocco$275k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stranded Iron Wire BY Saudi Arabia WERE (2021 - 2022):
Egypt-$3.04M (-99.6%)
Yemen-$2.71M (-100%)
United Arab Emirates-$2.51M (-93.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Stranded Iron Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $227k
TOP IMPORT POTENTIALChina+ $5.99M

Stranded Iron Wire’s highest export potential is United Arab Emirates. With an export gap of $227k.   Stranded Iron Wire’s highest import potential is China with an import gap of $5.99M.

See methodology.

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