The Republic of Turkey shipped US$171.1 billion worth of goods around the globe in 2019. That dollar amount reflects an 18.9% increase since 2015 and a modest 1.9% gain from 2018 to 2019. Based on the average exchange rate for 2019, the Turkish lira depreciated by -106% against the US dollar since 2015 and declined by -14.7% from 2018 to 2019. Turkey's weaker local currency … [Read more...] about Turkey’s Top 10 Exports
Middle East
Saudi Arabia’s Top 10 Exports
Situated on the Arabian Peninsula within Western Asia, the Kingdom of Saudi Arabia shipped an estimated US$251.8 billion worth of goods around the globe in 2019. That dollar amount reflects an 18% increase since 2015 but a -14.5% drop from 2018 to 2019. The latest data prorated from 2019 shows that about two-thirds (66.2%) of products exported from Saudi Arabia were bought by … [Read more...] about Saudi Arabia’s Top 10 Exports
Saudi Arabia’s Top 10 Imports
The Kingdom of Saudi Arabia imported an estimated US$144.3 billion worth of goods from around the globe in 2019, down by -15.1% since 2015 but up by 6.7% from 2018 to 2019. From a continental perspective, 52.2% of Saudi Arabia's total imports by value were purchased from Asian countries. European trade partners supplied 26.2% of products imported into Saudi Arabia while 14% … [Read more...] about Saudi Arabia’s Top 10 Imports
Kuwait’s Top 10 Exports
Located at the tip of the Persian Gulf in Western Asia, the State of Kuwait shipped an estimated US$54.6 billion worth of goods around the globe in 2019. That dollar amount reflects a -24.1% decrease since 2015 and a -1% dip from 2018 to 2019. Given Kuwait’s population of 4.7 million people, its total $54.6 billion in 2019 exports translates to roughly $11,600 for every … [Read more...] about Kuwait’s Top 10 Exports
Iran’s Top 10 Exports
Sharing its eastern borders with Pakistan and Afghanistan, the Islamic Republic of Iran shipped an estimated US$27 billion worth of goods around the globe in 2019. That dollar amount reflects a -55.1% decrease since 2015 and a -72.1% drop from 2018 to 2019. The latest available country-specific data from 2018 shows that 60.5% of products exported from Iran were bought by … [Read more...] about Iran’s Top 10 Exports