2022
Exports | Imports
$179k | $25.7kWorld Rnk 53 / 91
Flag Rnk 691 / 1100
World Rnk 106 / 163
Flag Rnk 1147 / 1197
2022
ECONOMIC COMPLEXITY of Saudi Arabia
0.78Rnk 34 / 124
2022
PRODUCT COMPLEXITY IN Steel Ingots
0.28Rnk 464 / 1025

About

Exports In 2022, Saudi Arabia exported $179k in Steel Ingots, making it the 53rd largest exporter of Steel Ingots in the world. At the same year, Steel Ingots was the 691st most exported product in Saudi Arabia. The main destination of Steel Ingots exports from Saudi Arabia are: Kuwait ($80k), Bahrain ($56.1k), Oman ($29.1k), Poland ($13.3k), and Turkey ($560).

The fastest growing export markets for Steel Ingots of Saudi Arabia between 2021 and 2022 were Kuwait ($80k), Oman ($22.5k), and Poland ($13.3k).

Imports In 2022, Saudi Arabia imported $25.7k in Steel Ingots, becoming the 106th largest importer of Steel Ingots in the world. At the same year, Steel Ingots was the 1147th most imported product in Saudi Arabia. Saudi Arabia imports Steel Ingots primarily from: India ($18.5k), Netherlands ($2.95k), United Kingdom ($2.95k), Bahrain ($704), and Turkey ($597).

The fastest growing import markets in Steel Ingots for Saudi Arabia between 2021 and 2022 were Netherlands ($2.95k) and Turkey ($597).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Steel Ingots from Saudi Arabia to the United States.

Latest Trends

Feb 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 Steel Ingots. 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)$179k
IMPORTS (2022)$25.7k
NET TRADE (2022)$153k

In 2022, Saudi Arabia exported $179k in Steel Ingots. The main destinations of Saudi Arabia exports on Steel Ingots were Kuwait ($80k), Bahrain ($56.1k), Oman ($29.1k), Poland ($13.3k), and Turkey ($560).

In 2022, Saudi Arabia imported $25.7k in Steel Ingots, mainly from India ($18.5k), Netherlands ($2.95k), United Kingdom ($2.95k), Bahrain ($704), and Turkey ($597).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steel Ingots EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
Kuwait$80k (1%)
Oman$22.5k (341%)
Poland$13.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Ingots BY Saudi Arabia WERE (2021 - 2022):
Bahrain-$53.8k (-48.9%)
United Arab Emirates-$6.4k (-100%)
Jordan-$4.41k (-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 Steel Ingots were:
In 2022, Saudi Arabia's main importing competitors in Steel Ingots were:

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Trade Value of Steel Ingots by Exporters

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