2022
Exports
$574MWorld Rnk 13 / 177
Flag Rnk 26 / 1100
2022
PRODUCT COMPLEXITY IN Precious Metal Scraps
-0.68Rnk 752 / 1025
2022
Imports
$73.2kWorld Rnk 74 / 118
Flag Rnk 1129 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $574M in Precious Metal Scraps, making it the 13th largest exporter of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 26th most exported product in Saudi Arabia. The main destination of Precious Metal Scraps exports from Saudi Arabia are: Germany ($561M), United Kingdom ($7.22M), Italy ($5.01M), Norway ($351k), and Pakistan ($109k).

The fastest growing export markets for Precious Metal Scraps of Saudi Arabia between 2021 and 2022 were Germany ($487M), United Kingdom ($7.22M), and Italy ($3.86M).

Imports In 2022, Saudi Arabia imported $73.2k in Precious Metal Scraps, becoming the 74th largest importer of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 1129th most imported product in Saudi Arabia. Saudi Arabia imports Precious Metal Scraps primarily from: United States ($65.1k), Italy ($6.73k), Netherlands ($1.43k), and United Arab Emirates ($11).

The fastest growing import markets in Precious Metal Scraps for Saudi Arabia between 2021 and 2022 were United States ($9.6k), Italy ($5.27k), and Netherlands ($1.43k).

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 Precious Metal Scraps. 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)$574M
IMPORTS (2022)$73.2k
NET TRADE (2022)$574M

In 2022, Saudi Arabia exported $574M in Precious Metal Scraps. The main destinations of Saudi Arabia exports on Precious Metal Scraps were Germany ($561M), United Kingdom ($7.22M), Italy ($5.01M), Norway ($351k), and Pakistan ($109k).

In 2022, Saudi Arabia imported $73.2k in Precious Metal Scraps, mainly from United States ($65.1k), Italy ($6.73k), Netherlands ($1.43k), and United Arab Emirates ($11).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Scraps EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Germany$487M (660%)
United Kingdom$7.22M (1%)
Italy$3.86M (336%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Scraps BY Saudi Arabia WERE (2021 - 2022):
United States-$21.7M (-100%)
India-$2.77M (-100%)
Netherlands-$2.47M (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Precious Metal Scraps were:
In 2022, Saudi Arabia's main importing competitors in Precious Metal Scraps were:
Canada $3.02B
Japan $2.87B

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Trade Value of Precious Metal Scraps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $26.7M
TOP IMPORT POTENTIALUnited States+ $112k

Precious Metal Scraps’s highest export potential is United States. With an export gap of $26.7M.   Precious Metal Scraps’s highest import potential is United States with an import gap of $112k.

See methodology.

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