2022
Exports
$849kWorld Rnk 110 / 221
Flag Rnk 509 / 1100
2022
PRODUCT COMPLEXITY IN Knit Sweaters
-1.3Rnk 909 / 1025
2022
Imports
$373MWorld Rnk 33 / 218
Flag Rnk 108 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $849k in Knit Sweaters, making it the 110th largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 509th most exported product in Saudi Arabia. The main destination of Knit Sweaters exports from Saudi Arabia are: Netherlands ($214k), Oman ($134k), France ($117k), Italy ($95.7k), and Malaysia ($85.3k).

The fastest growing export markets for Knit Sweaters of Saudi Arabia between 2021 and 2022 were Oman ($127k), France ($104k), and Malaysia ($83.9k).

Imports In 2022, Saudi Arabia imported $373M in Knit Sweaters, becoming the 33rd largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 108th most imported product in Saudi Arabia. Saudi Arabia imports Knit Sweaters primarily from: China ($253M), United Arab Emirates ($52.2M), Spain ($25.7M), Italy ($6.3M), and Kuwait ($5.76M).

The fastest growing import markets in Knit Sweaters for Saudi Arabia between 2021 and 2022 were Kuwait ($5.03M), Hong Kong ($4.26M), and Turkey ($2.73M).

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 Knit Sweaters. 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)$849k
IMPORTS (2022)$373M
NET TRADE (2022)-$373M

In 2022, Saudi Arabia exported $849k in Knit Sweaters. The main destinations of Saudi Arabia exports on Knit Sweaters were Netherlands ($214k), Oman ($134k), France ($117k), Italy ($95.7k), and Malaysia ($85.3k).

In 2022, Saudi Arabia imported $373M in Knit Sweaters, mainly from China ($253M), United Arab Emirates ($52.2M), Spain ($25.7M), Italy ($6.3M), and Kuwait ($5.76M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Sweaters EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Oman$127k (1.67k%)
France$104k (864%)
Malaysia$83.9k (6.17k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Sweaters BY Saudi Arabia WERE (2021 - 2022):
United Arab Emirates-$251k (-98.9%)
Bahrain-$150k (-98.2%)
Turkey-$71.2k (-83.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Knit Sweaters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $189k
TOP IMPORT POTENTIALChina+ $37.1M

Knit Sweaters’s highest export potential is France. With an export gap of $189k.   Knit Sweaters’s highest import potential is China with an import gap of $37.1M.

See methodology.

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