Silver in Saudi Arabia | The Observatory of Economic Complexity

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Exports In 2022, Saudi Arabia exported $3.67M in Silver, making it the 60th largest exporter of Silver in the world. At the same year, Silver was the 338th most exported product in Saudi Arabia. The main destination of Silver exports from Saudi Arabia are: Switzerland ($2.65M), Germany ($848k), United Arab Emirates ($161k), Oman ($5.23k), and Italy ($1.61k).

The fastest growing export markets for Silver of Saudi Arabia between 2021 and 2022 were Switzerland ($1.74M), Oman ($5.23k), and Italy ($1.61k).

Imports In 2022, Saudi Arabia imported $21.6M in Silver, becoming the 39th largest importer of Silver in the world. At the same year, Silver was the 567th most imported product in Saudi Arabia. Saudi Arabia imports Silver primarily from: United Arab Emirates ($12.1M), Switzerland ($6.45M), United States ($1.44M), Italy ($547k), and Norway ($513k).

The fastest growing import markets in Silver for Saudi Arabia between 2021 and 2022 were Switzerland ($3.85M), Norway ($447k), and Turkey ($40.6k).

Mar 2024

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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 Silver. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Trade Value

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Year

EXPORTS (2022)$3.67M

IMPORTS (2022)$21.6M

NET TRADE (2022)-$17.9M

In 2022, Saudi Arabia exported $3.67M in Silver. The main destinations of Saudi Arabia exports on Silver were Switzerland ($2.65M), Germany ($848k), United Arab Emirates ($161k), Oman ($5.23k), and Italy ($1.61k).

In 2022, Saudi Arabia imported $21.6M in Silver, mainly from United Arab Emirates ($12.1M), Switzerland ($6.45M), United States ($1.44M), Italy ($547k), and Norway ($513k).