2022
Exports
$35.9MWorld Rnk 105 / 221
Flag Rnk 18 / 21
2022
PRODUCT COMPLEXITY IN Wood Products
0.3Rnk 451 / 1025
2022
Imports
$1.56BWorld Rnk 24 / 226
Flag Rnk 18 / 21
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $35.9M in Wood Products, making it the 105th largest exporter of Wood Products in the world. At the same year, Wood Products was the 18th most exported product in Saudi Arabia. The main destination of Wood Products exports from Saudi Arabia are: Kuwait ($22.6M), Bahrain ($6.42M), United Arab Emirates ($2.42M), Oman ($1.71M), and Jordan ($1.22M).

The fastest growing export markets for Wood Products of Saudi Arabia between 2021 and 2022 were Kuwait ($3.84M), Oman ($199k), and Switzerland ($178k).

Imports In 2022, Saudi Arabia imported $1.56B in Wood Products, becoming the 24th largest importer of Wood Products in the world. At the same year, Wood Products was the 18th most imported product in Saudi Arabia. Saudi Arabia imports Wood Products primarily from: China ($381M), Thailand ($190M), Indonesia ($130M), Finland ($120M), and Sweden ($116M).

The fastest growing import markets in Wood Products for Saudi Arabia between 2021 and 2022 were China ($45.6M), United Arab Emirates ($28M), and Indonesia ($14.6M).

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 Products. 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)$35.9M
IMPORTS (2022)$1.56B
NET TRADE (2022)-$1.53B

In 2022, Saudi Arabia exported $35.9M in Wood Products. The main destinations of Saudi Arabia exports on Wood Products were Kuwait ($22.6M), Bahrain ($6.42M), United Arab Emirates ($2.42M), Oman ($1.71M), and Jordan ($1.22M).

In 2022, Saudi Arabia imported $1.56B in Wood Products, mainly from China ($381M), Thailand ($190M), Indonesia ($130M), Finland ($120M), and Sweden ($116M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Products EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Kuwait$3.84M (20.5%)
Oman$199k (13.2%)
Switzerland$178k (2.08k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Products BY Saudi Arabia WERE (2021 - 2022):
Yemen-$40.4M (-100%)
United Kingdom-$31.5M (-99.5%)
Bahrain-$7.2M (-52.9%)

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 Products were:
China $20.4B
Canada $20.1B
In 2022, Saudi Arabia's main importing competitors in Wood Products were:

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Trade Value of Wood Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $1.36M
TOP IMPORT POTENTIALGermany+ $30M

Wood Products’s highest export potential is United Arab Emirates. With an export gap of $1.36M.   Wood Products’s highest import potential is Germany with an import gap of $30M.

See methodology.

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