2022
Exports
$98.6MWorld Rnk 7 / 135
Flag Rnk 93 / 1100
2022
PRODUCT COMPLEXITY IN Asphalt
-0.09Rnk 576 / 1025
2022
Imports
$4.5MWorld Rnk 72 / 213
Flag Rnk 836 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $98.6M in Asphalt, making it the 7th largest exporter of Asphalt in the world. At the same year, Asphalt was the 93rd most exported product in Saudi Arabia. The main destination of Asphalt exports from Saudi Arabia are: Kuwait ($50.6M), United Arab Emirates ($28.3M), Oman ($13.2M), Bahrain ($2.51M), and Jordan ($1.39M).

The fastest growing export markets for Asphalt of Saudi Arabia between 2021 and 2022 were Kuwait ($35.3M), United Arab Emirates ($1.16M), and Ethiopia ($708k).

Imports In 2022, Saudi Arabia imported $4.5M in Asphalt, becoming the 72nd largest importer of Asphalt in the world. At the same year, Asphalt was the 836th most imported product in Saudi Arabia. Saudi Arabia imports Asphalt primarily from: Oman ($2.31M), United States ($1.1M), Jordan ($602k), United Arab Emirates ($255k), and Italy ($125k).

The fastest growing import markets in Asphalt for Saudi Arabia between 2021 and 2022 were Jordan ($495k), Netherlands ($69.1k), and Kuwait ($4.84k).

Latest Trends

Sep 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 Asphalt. 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)$98.6M
IMPORTS (2022)$4.5M
NET TRADE (2022)$94.1M

In 2022, Saudi Arabia exported $98.6M in Asphalt. The main destinations of Saudi Arabia exports on Asphalt were Kuwait ($50.6M), United Arab Emirates ($28.3M), Oman ($13.2M), Bahrain ($2.51M), and Jordan ($1.39M).

In 2022, Saudi Arabia imported $4.5M in Asphalt, mainly from Oman ($2.31M), United States ($1.1M), Jordan ($602k), United Arab Emirates ($255k), and Italy ($125k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Asphalt EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Kuwait$35.3M (231%)
United Arab Emirates$1.16M (4.26%)
Ethiopia$708k (127%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt BY Saudi Arabia WERE (2021 - 2022):
Oman-$638k (-4.6%)
Yemen-$632k (-100%)
Sudan-$580k (-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 Asphalt were:
In 2022, Saudi Arabia's main importing competitors in Asphalt were:

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Trade Value of Asphalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $298k
TOP IMPORT POTENTIALUnited States+ $392k

Asphalt’s highest export potential is Vietnam. With an export gap of $298k.   Asphalt’s highest import potential is United States with an import gap of $392k.

See methodology.

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