2022
Exports
$5.15MWorld Rnk 74 / 192
Flag Rnk 312 / 1100
2022
PRODUCT COMPLEXITY IN Packing Bags
-1.76Rnk 978 / 1025
2022
Imports
$26.6MWorld Rnk 51 / 223
Flag Rnk 527 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $5.15M in Packing Bags, making it the 74th largest exporter of Packing Bags in the world. At the same year, Packing Bags was the 312th most exported product in Saudi Arabia. The main destination of Packing Bags exports from Saudi Arabia are: Jordan ($1.41M), Ethiopia ($1.12M), Greece ($870k), United Arab Emirates ($803k), and Egypt ($329k).

The fastest growing export markets for Packing Bags of Saudi Arabia between 2021 and 2022 were Jordan ($739k), Kuwait ($61.3k), and Philippines ($30.7k).

Imports In 2022, Saudi Arabia imported $26.6M in Packing Bags, becoming the 51st largest importer of Packing Bags in the world. At the same year, Packing Bags was the 527th most imported product in Saudi Arabia. Saudi Arabia imports Packing Bags primarily from: China ($9.42M), India ($5.93M), Turkey ($3.5M), United Arab Emirates ($1.83M), and Indonesia ($1.54M).

The fastest growing import markets in Packing Bags for Saudi Arabia between 2021 and 2022 were Turkey ($3.38M), India ($1.61M), and Italy ($1.02M).

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 Packing Bags. 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)$5.15M
IMPORTS (2022)$26.6M
NET TRADE (2022)-$21.4M

In 2022, Saudi Arabia exported $5.15M in Packing Bags. The main destinations of Saudi Arabia exports on Packing Bags were Jordan ($1.41M), Ethiopia ($1.12M), Greece ($870k), United Arab Emirates ($803k), and Egypt ($329k).

In 2022, Saudi Arabia imported $26.6M in Packing Bags, mainly from China ($9.42M), India ($5.93M), Turkey ($3.5M), United Arab Emirates ($1.83M), and Indonesia ($1.54M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packing Bags EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Jordan$739k (110%)
Kuwait$61.3k (290%)
Philippines$30.7k (1.48k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packing Bags BY Saudi Arabia WERE (2021 - 2022):
Ethiopia-$5.16M (-82.1%)
United States-$2.46M (-98.9%)
Sudan-$2.12M (-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 Packing Bags were:
China $1.74B
India $1.39B
In 2022, Saudi Arabia's main importing competitors in Packing Bags were:

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Trade Value of Packing Bags by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $193k
TOP IMPORT POTENTIALIndia+ $3.99M

Packing Bags’s highest export potential is United Arab Emirates. With an export gap of $193k.   Packing Bags’s highest import potential is India with an import gap of $3.99M.

See methodology.

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