2022
Exports
$2.57MWorld Rnk 32 / 109
Flag Rnk 375 / 1100
2022
PRODUCT COMPLEXITY IN Wool
-2.11Rnk 1004 / 1025
2022
Imports
$113kWorld Rnk 70 / 137
Flag Rnk 1113 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $2.57M in Wool, making it the 32nd largest exporter of Wool in the world. At the same year, Wool was the 375th most exported product in Saudi Arabia. The main destination of Wool exports from Saudi Arabia are: India ($1.23M), Pakistan ($603k), Kuwait ($581k), Lithuania ($73.5k), and United Kingdom ($60k).

The fastest growing export markets for Wool of Saudi Arabia between 2021 and 2022 were Kuwait ($406k), China ($30.1k), and Lithuania ($7.49k).

Imports In 2022, Saudi Arabia imported $113k in Wool, becoming the 70th largest importer of Wool in the world. At the same year, Wool was the 1113th most imported product in Saudi Arabia. Saudi Arabia imports Wool primarily from: Jordan ($48.5k), Kuwait ($47.9k), Greece ($10.4k), Egypt ($5.16k), and United Arab Emirates ($1.37k).

The fastest growing import markets in Wool for Saudi Arabia between 2021 and 2022 were Jordan ($48.5k), Kuwait ($47.9k), and Greece ($10.4k).

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 Wool. 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)$2.57M
IMPORTS (2022)$113k
NET TRADE (2022)$2.46M

In 2022, Saudi Arabia exported $2.57M in Wool. The main destinations of Saudi Arabia exports on Wool were India ($1.23M), Pakistan ($603k), Kuwait ($581k), Lithuania ($73.5k), and United Kingdom ($60k).

In 2022, Saudi Arabia imported $113k in Wool, mainly from Jordan ($48.5k), Kuwait ($47.9k), Greece ($10.4k), Egypt ($5.16k), and United Arab Emirates ($1.37k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Kuwait$406k (232%)
China$30.1k (1%)
Lithuania$7.49k (11.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool BY Saudi Arabia WERE (2021 - 2022):
India-$504k (-29.1%)
Pakistan-$315k (-34.3%)
United Kingdom-$124k (-67.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Wool were:
In 2022, Saudi Arabia's main importing competitors in Wool were:
China $2.16B
Italy $223M
India $205M

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Trade Value of Wool by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $124k
TOP IMPORT POTENTIALEgypt+ $7.02k

Wool’s highest export potential is India. With an export gap of $124k.   Wool’s highest import potential is Egypt with an import gap of $7.02k.

See methodology.

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