2023
Exports
$63kWorld Rnk 61 / 72
Flag Rnk 950 / 1148
2023
PRODUCT COMPLEXITY IN Tanks and Armored vehicles
-0.48Rnk 692 / 1025
2023
Imports
$1.11BWorld Rnk 2 / 127
Flag Rnk 34 / 1206
2023
ECONOMIC COMPLEXITY of Saudi Arabia
0.76Rnk 36 / 132

About

Exports In 2023, Saudi Arabia exported $63k in Tanks and Armored vehicles, making it the 61st largest exporter of Tanks and Armored vehicles in the world. At the same year, Tanks and Armored vehicles was the 950th most exported product in Saudi Arabia. The main destination of Tanks and Armored vehicles exports from Saudi Arabia are: Nigeria ($63k).

The fastest growing export markets for Tanks and Armored vehicles of Saudi Arabia between 2022 and 2023 were Nigeria ($63k).

Imports In 2023, Saudi Arabia imported $1.11B in Tanks and Armored vehicles, becoming the 2nd largest importer of Tanks and Armored vehicles in the world. At the same year, Tanks and Armored vehicles was the 34th most imported product in Saudi Arabia. Saudi Arabia imports Tanks and Armored vehicles primarily from: Canada ($1.1B), United States ($7.83M), Spain ($1.62M), United Arab Emirates ($21.8k), and South Africa ($2.37k).

The fastest growing import markets in Tanks and Armored vehicles for Saudi Arabia between 2022 and 2023 were Canada ($556M), Spain ($355k), and United Arab Emirates ($21.8k).

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 Tanks and Armored vehicles. 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)$63k
IMPORTS (2023)$1.11B
NET TRADE (2023)-$1.11B

In 2023, Saudi Arabia exported $63k in Tanks and Armored vehicles. The main destinations of Saudi Arabia exports on Tanks and Armored vehicles were Nigeria ($63k).

In 2023, Saudi Arabia imported $1.11B in Tanks and Armored vehicles, mainly from Canada ($1.1B), United States ($7.83M), Spain ($1.62M), United Arab Emirates ($21.8k), and South Africa ($2.37k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tanks and Armored vehicles EXPORT MARKETS FOR Saudi Arabia WERE (2022 - 2023):Nigeria$63k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tanks and Armored vehicles BY Saudi Arabia WERE (2022 - 2023):Senegal-$1.46M (-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 Tanks and Armored vehicles were:
In 2023, Saudi Arabia's main importing competitors in Tanks and Armored vehicles were:

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Trade Value of Tanks and Armored vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.88k
TOP IMPORT POTENTIALSouth Korea+ $2.11M

Tanks and Armored vehicles’s highest export potential is United States. With an export gap of $1.88k.   Tanks and Armored vehicles’s highest import potential is South Korea with an import gap of $2.11M.

See methodology.

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