Refined Petroleum in Saudi Arabia 2022 Exports | Imports : $45.3B | $4.87B, World Rnk 9 / 214 Rnk 2 / 1100 World Rnk 56 / 225 Rnk 4 / 1197
2021 - 2022 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $2.4B | $558M, United States | Netherlands
2022 ECONOMIC COMPLEXITY of Saudi Arabia: 0.78, Rnk 34 / 124
2022 PRODUCT COMPLEXITY IN Refined Petroleum: -0.87, Rnk 800 / 1025
Exports In 2022, Saudi Arabia exported $45.3B in Refined Petroleum, making it the 9th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most exported product in Saudi Arabia. The main destination of Refined Petroleum exports from Saudi Arabia are: United States ($4.7B), France ($4.26B), Italy ($3.39B), Morocco ($2.98B), and United Arab Emirates ($2.76B).
The fastest growing export markets for Refined Petroleum of Saudi Arabia between 2021 and 2022 were United States ($2.4B), Oman ($2.4B), and France ($2.01B).
Imports In 2022, Saudi Arabia imported $4.87B in Refined Petroleum, becoming the 56th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 4th most imported product in Saudi Arabia. Saudi Arabia imports Refined Petroleum primarily from: India ($1.92B), Netherlands ($726M), United Arab Emirates ($391M), United States ($325M), and Greece ($254M).
The fastest growing import markets in Refined Petroleum for Saudi Arabia between 2021 and 2022 were Netherlands ($558M), United States ($172M), and Qatar ($136M).
COMPANIES In 2023, leading companies such as were at the forefront of shipping Refined Petroleum from Saudi Arabia to the United States.
Feb 2024
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 Refined Petroleum. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2022): $45.3B
IMPORTS (2022): $4.87B
NET TRADE (2022): $40.4B
In 2022, Saudi Arabia exported $45.3B in Refined Petroleum. The main destinations of Saudi Arabia exports on Refined Petroleum were United States ($4.7B), France ($4.26B), Italy ($3.39B), Morocco ($2.98B), and United Arab Emirates ($2.76B).
In 2022, Saudi Arabia imported $4.87B in Refined Petroleum, mainly from India ($1.92B), Netherlands ($726M), United Arab Emirates ($391M), United States ($325M), and Greece ($254M).
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Saudi Arabia WERE (2021 - 2022):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Saudi Arabia WERE (2021 - 2022):
In 2022, Saudi Arabia's main exporting competitors in Refined Petroleum were:
In 2022, Saudi Arabia's main importing competitors in Refined Petroleum were:
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