2022
Exports
$4.28MWorld Rnk 51 / 120
Flag Rnk 326 / 1100
2022
PRODUCT COMPLEXITY IN Flat Flat-Rolled Steel
1.38Rnk 72 / 1025
2022
Imports
$526MWorld Rnk 20 / 201
Flag Rnk 76 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 35 / 133

About

Exports In 2022, Saudi Arabia exported $4.28M in Flat Flat-Rolled Steel, making it the 51st largest exporter of Flat Flat-Rolled Steel in the world. At the same year, Flat Flat-Rolled Steel was the 326th most exported product in Saudi Arabia. The main destination of Flat Flat-Rolled Steel exports from Saudi Arabia are: Paraguay ($1.68M), Kuwait ($1.18M), India ($521k), Oman ($216k), and Maldives ($214k).

The fastest growing export markets for Flat Flat-Rolled Steel of Saudi Arabia between 2021 and 2022 were Paraguay ($1.68M), Maldives ($214k), and Oman ($114k).

Imports In 2022, Saudi Arabia imported $526M in Flat Flat-Rolled Steel, becoming the 20th largest importer of Flat Flat-Rolled Steel in the world. At the same year, Flat Flat-Rolled Steel was the 76th most imported product in Saudi Arabia. Saudi Arabia imports Flat Flat-Rolled Steel primarily from: China ($406M), India ($48.6M), Japan ($31.6M), South Korea ($11.9M), and Sweden ($7.42M).

The fastest growing import markets in Flat Flat-Rolled Steel for Saudi Arabia between 2021 and 2022 were India ($41.8M), Japan ($13.7M), and United Arab Emirates ($5.06M).

Latest Trends

Mar 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 Flat Flat-Rolled Steel. 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)$4.28M
IMPORTS (2022)$526M
NET TRADE (2022)-$522M

In 2022, Saudi Arabia exported $4.28M in Flat Flat-Rolled Steel. The main destinations of Saudi Arabia exports on Flat Flat-Rolled Steel were Paraguay ($1.68M), Kuwait ($1.18M), India ($521k), Oman ($216k), and Maldives ($214k).

In 2022, Saudi Arabia imported $526M in Flat Flat-Rolled Steel, mainly from China ($406M), India ($48.6M), Japan ($31.6M), South Korea ($11.9M), and Sweden ($7.42M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flat Flat-Rolled Steel EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Paraguay$1.68M (1%)
Maldives$214k (1%)
Oman$114k (113%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat Flat-Rolled Steel BY Saudi Arabia WERE (2021 - 2022):
India-$10.4M (-95.2%)
Kuwait-$811k (-40.7%)
Jordan-$433k (-85.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Saudi Arabia's main exporting competitors in Flat Flat-Rolled Steel were:
Japan $6.3B
China $5.89B
Germany $3.91B
In 2022, Saudi Arabia's main importing competitors in Flat Flat-Rolled Steel were:
Mexico $2.75B
Germany $2.58B
Italy $2.38B

Explore Visualizations

Trade Value of Flat Flat-Rolled Steel by Exporters

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