2022
Exports
$557kWorld Rnk 70 / 194
Flag Rnk 560 / 1100
2022
PRODUCT COMPLEXITY IN Wood Ornaments
-0.4Rnk 674 / 1025
2022
Imports
$25MWorld Rnk 21 / 217
Flag Rnk 540 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $557k in Wood Ornaments, making it the 70th largest exporter of Wood Ornaments in the world. At the same year, Wood Ornaments was the 560th most exported product in Saudi Arabia. The main destination of Wood Ornaments exports from Saudi Arabia are: Kuwait ($172k), Switzerland ($142k), Qatar ($73.2k), United Arab Emirates ($67.9k), and Oman ($38.3k).

The fastest growing export markets for Wood Ornaments of Saudi Arabia between 2021 and 2022 were Switzerland ($135k), Qatar ($69.6k), and Oman ($22.3k).

Imports In 2022, Saudi Arabia imported $25M in Wood Ornaments, becoming the 21st largest importer of Wood Ornaments in the world. At the same year, Wood Ornaments was the 540th most imported product in Saudi Arabia. Saudi Arabia imports Wood Ornaments primarily from: China ($14.3M), United Arab Emirates ($5.47M), Kuwait ($969k), Indonesia ($573k), and Switzerland ($457k).

The fastest growing import markets in Wood Ornaments for Saudi Arabia between 2021 and 2022 were United Arab Emirates ($2.8M), Kuwait ($919k), and Switzerland ($397k).

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 Wood Ornaments. 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)$557k
IMPORTS (2022)$25M
NET TRADE (2022)-$24.4M

In 2022, Saudi Arabia exported $557k in Wood Ornaments. The main destinations of Saudi Arabia exports on Wood Ornaments were Kuwait ($172k), Switzerland ($142k), Qatar ($73.2k), United Arab Emirates ($67.9k), and Oman ($38.3k).

In 2022, Saudi Arabia imported $25M in Wood Ornaments, mainly from China ($14.3M), United Arab Emirates ($5.47M), Kuwait ($969k), Indonesia ($573k), and Switzerland ($457k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Ornaments EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Switzerland$135k (1.93k%)
Qatar$69.6k (1.92k%)
Oman$22.3k (139%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Ornaments BY Saudi Arabia WERE (2021 - 2022):
Djibouti-$247k (-100%)
Mauritania-$20.7k (-100%)
Yemen-$17.1k (-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 Wood Ornaments were:
China $1.65B
Germany $83.5M
In 2022, Saudi Arabia's main importing competitors in Wood Ornaments were:

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Trade Value of Wood Ornaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $47k
TOP IMPORT POTENTIALChina+ $2.56M

Wood Ornaments’s highest export potential is United Arab Emirates. With an export gap of $47k.   Wood Ornaments’s highest import potential is China with an import gap of $2.56M.

See methodology.

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