2022
Exports
$3.54BWorld Rnk 5 / 120
Flag Rnk 8 / 1100
2022
PRODUCT COMPLEXITY IN Cyclic Hydrocarbons
0.72Rnk 268 / 1025
2022
Imports
$1.4BWorld Rnk 9 / 194
Flag Rnk 16 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $3.54B in Cyclic Hydrocarbons, making it the 5th largest exporter of Cyclic Hydrocarbons in the world. At the same year, Cyclic Hydrocarbons was the 8th most exported product in Saudi Arabia. The main destination of Cyclic Hydrocarbons exports from Saudi Arabia are: China ($931M), United States ($465M), India ($364M), Belgium ($346M), and Turkey ($281M).

The fastest growing export markets for Cyclic Hydrocarbons of Saudi Arabia between 2021 and 2022 were United States ($239M), India ($122M), and Pakistan ($72.5M).

Imports In 2022, Saudi Arabia imported $1.4B in Cyclic Hydrocarbons, becoming the 9th largest importer of Cyclic Hydrocarbons in the world. At the same year, Cyclic Hydrocarbons was the 16th most imported product in Saudi Arabia. Saudi Arabia imports Cyclic Hydrocarbons primarily from: India ($1.04B), Kuwait ($147M), Belgium ($71.7M), United Arab Emirates ($47.8M), and United States ($35.1M).

The fastest growing import markets in Cyclic Hydrocarbons for Saudi Arabia between 2021 and 2022 were India ($281M), Kuwait ($147M), and Belgium ($65.2M).

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 Cyclic Hydrocarbons. 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)$3.54B
IMPORTS (2022)$1.4B
NET TRADE (2022)$2.14B

In 2022, Saudi Arabia exported $3.54B in Cyclic Hydrocarbons. The main destinations of Saudi Arabia exports on Cyclic Hydrocarbons were China ($931M), United States ($465M), India ($364M), Belgium ($346M), and Turkey ($281M).

In 2022, Saudi Arabia imported $1.4B in Cyclic Hydrocarbons, mainly from India ($1.04B), Kuwait ($147M), Belgium ($71.7M), United Arab Emirates ($47.8M), and United States ($35.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cyclic Hydrocarbons EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
United States$239M (106%)
India$122M (50.6%)
Pakistan$72.5M (65.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cyclic Hydrocarbons BY Saudi Arabia WERE (2021 - 2022):
China-$211M (-18.5%)
Spain-$50.5M (-33.3%)
Chinese Taipei-$28.9M (-43.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Cyclic Hydrocarbons were:
In 2022, Saudi Arabia's main importing competitors in Cyclic Hydrocarbons were:

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Trade Value of Cyclic Hydrocarbons by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $128M
TOP IMPORT POTENTIALSouth Korea+ $25.8M

Cyclic Hydrocarbons’s highest export potential is China. With an export gap of $128M.   Cyclic Hydrocarbons’s highest import potential is South Korea with an import gap of $25.8M.

See methodology.

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