Five of the 15 fastest-growing Saudi export products posted a gain in value exceeding 200% from 2010 to 2014. Increases range from 210.9% for Saudi Arabia’s inorganic chemicals to 210.9% for inorganic chemicals to 5,200% for miscellaneous manufactured products.
Overall, Saudi exports rose 38.9% over the 5-year period.
Please note that this analysis is at the 2-digit Harmonized Tariff System code level, which is better for looking at trends as opposed to uncovering opportunities at the more micro 8-digit code level.
Fastest-Growing Saudi Export Products
Listed below in descending order are the fastest-growing Saudi export products sorted by the percentage increase in a product category’s value from 2010 to 2014. Also shown is each category’s dollar value in 2014.
- Other manufactured products: Up by 5,200% (US$192,533,000)
- Copper: Up by 739.2% ($666,514,000)
- Lead: Up by 470.1% ($50,427,000)
- Ores, slag, ash: Up by 386.4% ($127,723,000)
- Inorganic chemicals: Up by 210.9% ($964,916,000)
- Base metal tools, cutlery: Up by 189.7% ($29,643,000)
- Other animal-origin products: Up by 181.7% ($2,045,000)
- Aluminum: Up by 169.4% ($1,394,355,000)
- Salt, sulphur, stone, cement: Up by 143.1% ($616,388,000)
- Manmade filaments: Up by 124.6% ($142,630,000)
- Cork: Up by 121% ($305,000)
- Knit or crochet clothing: Up by 120% ($13,619,000)
- Organic chemicals: Up by 116% ($16,069,855,000)
- Woodpulp: Up by 115.8% ($56,835,000)
- Explosives, pyrotechnics: Up by 78.1% ($6,910,000)
Sanitary pads and tampons, napkins and napkin liners for babies led other manufactured products to its first-place finish.
Sales of exported copper waste and scrap was the top gainer for the second-place copper category.
Unwrought lead propelled the lead product category to its third-place finish.
Aluminum ores and concentrates also posted significant sales increases for Saudi exporters.
The World Factbook, Field Listing: Exports, Central Intelligence Agency. Accessed on June 4, 2015
Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on June 4, 2015