2022
Exports
$4.57MWorld Rnk 31 / 174
Flag Rnk 318 / 1100
2022
PRODUCT COMPLEXITY IN Umbrellas
-0.043Rnk 560 / 1025
2022
Imports
$10.9MWorld Rnk 48 / 218
Flag Rnk 693 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $4.57M in Umbrellas, making it the 31st largest exporter of Umbrellas in the world. At the same year, Umbrellas was the 318th most exported product in Saudi Arabia. The main destination of Umbrellas exports from Saudi Arabia are: Kuwait ($4.56M), Oman ($2.87k), United Arab Emirates ($1.68k), Spain ($1.45k), and Netherlands ($1.19k).

The fastest growing export markets for Umbrellas of Saudi Arabia between 2021 and 2022 were Kuwait ($4.11M), Spain ($1.23k), and Lebanon ($899).

Imports In 2022, Saudi Arabia imported $10.9M in Umbrellas, becoming the 48th largest importer of Umbrellas in the world. At the same year, Umbrellas was the 693rd most imported product in Saudi Arabia. Saudi Arabia imports Umbrellas primarily from: China ($9.68M), Italy ($281k), United Arab Emirates ($279k), South Africa ($218k), and United States ($101k).

The fastest growing import markets in Umbrellas for Saudi Arabia between 2021 and 2022 were China ($4.78M), Italy ($219k), and South Africa ($218k).

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 Umbrellas. 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)$4.57M
IMPORTS (2022)$10.9M
NET TRADE (2022)-$6.34M

In 2022, Saudi Arabia exported $4.57M in Umbrellas. The main destinations of Saudi Arabia exports on Umbrellas were Kuwait ($4.56M), Oman ($2.87k), United Arab Emirates ($1.68k), Spain ($1.45k), and Netherlands ($1.19k).

In 2022, Saudi Arabia imported $10.9M in Umbrellas, mainly from China ($9.68M), Italy ($281k), United Arab Emirates ($279k), South Africa ($218k), and United States ($101k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Umbrellas EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Kuwait$4.11M (929%)
Spain$1.23k (543%)
Lebanon$899 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Umbrellas BY Saudi Arabia WERE (2021 - 2022):
United Kingdom-$42k (-100%)
Mozambique-$16.1k (-100%)
Qatar-$10.2k (-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 Umbrellas were:
In 2022, Saudi Arabia's main importing competitors in Umbrellas were:

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Trade Value of Umbrellas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $9.43k
TOP IMPORT POTENTIALChina+ $2.48M

Umbrellas’s highest export potential is United Arab Emirates. With an export gap of $9.43k.   Umbrellas’s highest import potential is China with an import gap of $2.48M.

See methodology.

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