T3 · Product exporter position

Saudi Arabia exports of Trade product (HS 271012)

See where Saudi Arabia stands in trade product: export scale, destination breadth, market position, growth, and reported trade history.

Exporter SAUHS6 271012Latest year 2024Rapid decline

Latest exports

$21.8BLatest observed lane total

Destination markets

51Reported active markets

Three-year growth

-14.4%Annualized change

Destination HHI

630Destination concentration

Weighted share

25%Reported market position

Exporter evidence

How strong is Saudi Arabia in Trade product?

Reported exporter totals and calculated indicators for HS 271012. Values retain their observed coverage period.

Exporter scale

Latest exports$21.8B
Current 2024 exports$13.1B
Three-year average$29.6B
Historical peak$59.2B

Market position

Active destinations51
Destination HHI630
Weighted share25%
Share change+1.7 pp

Competitiveness

Three-year growth-14.4%
Volatility1.4
Maximum drawdown91.4%
TrendRapid decline
MeasureValueWhat it describes
ExporterSaudi ArabiaCountry represented by this profile
Latest observed exports$21.8BSum of latest observed destination-lane values
Current 2024 exports$13.1BCommon-year comparison where reported
Three-year growth-14.4%Annualized change in exporter totals
Five-year growth-5.1%Annualized change in exporter totals
Leading destinationEGYDestination with the largest observed export value
Leading destination share12.9%Share of observed exporter totals
Destination concentration630HHI across destination markets
Weighted share change+1.7 ppValue-weighted latest change in market share
Limited-history lanes26.1%Share of lanes with shorter history

Destination markets

Where does Saudi Arabia sell trade product?

Leading destination observations ranked by reported export value, with market position and access context.

DestinationLatest exportsMarket shareGrowthAccessSignal
Egypt$2.8B46.6%+13%FTA reportedAccelerating
Oman$2.6B36.2%+108.6%FTA reportedGrowing
United Kingdom$2.2B25.1%+71.4%Not reportedAccelerating
United Arab Emirates$1.7B12.2%+6.6%FTA reportedGrowing
Ethiopia$1.3B48.2%+109.5%0.3% tariffAccelerating
Singapore$1.1B5.1%+8.5%FTA reportedStable
Slovenia$903.7M66.1%+176.4%0.1% tariffAccelerating

Destination

Egypt

Latest exports
$2.8B
Market share
46.6%
Growth
+13%
Access
FTA reported
Signal
Accelerating

Destination

Oman

Latest exports
$2.6B
Market share
36.2%
Growth
+108.6%
Access
FTA reported
Signal
Growing

Destination

United Kingdom

Latest exports
$2.2B
Market share
25.1%
Growth
+71.4%
Access
Not reported
Signal
Accelerating

Destination

United Arab Emirates

Latest exports
$1.7B
Market share
12.2%
Growth
+6.6%
Access
FTA reported
Signal
Growing

Destination

Ethiopia

Latest exports
$1.3B
Market share
48.2%
Growth
+109.5%
Access
0.3% tariff
Signal
Accelerating

Destination

Singapore

Latest exports
$1.1B
Market share
5.1%
Growth
+8.5%
Access
FTA reported
Signal
Stable

Destination

Slovenia

Latest exports
$903.7M
Market share
66.1%
Growth
+176.4%
Access
0.1% tariff
Signal
Accelerating

Price intelligence

How does Saudi Arabia's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

Not reported: Not reported.

Lowest reported price

Not reported: Not reported.

Median price

Not reported across reported markets.

Export trend

Reported export history

Annual observations for Saudi Arabia and HS 271012 where available.

YearExportsYear-on-year changeActive destinations
2010$11.5B+22.1%82
2011$14.4B+25.2%83
2012$14.9B+3.3%86
2013$12.9B-13.4%81
2014$15.9B+23.3%91
2015$11.5B-28.1%82
2016$11.8B+2.7%84
2017$12.4B+5.6%39
2018$22.3B+79.6%84
2019$17.0B-23.9%85
2020$9.3B-45.3%82
2021$20.9B+125.1%90
2022$35.8B+71.1%98
2023$39.9B+11.5%106
2024$13.1B-67.2%51

Exporter context

Saudi Arabia economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 271012.

Saudi Arabia has reported exports of $292.0B and a trade balance of $77.1B in 2024.

Available structural indicators include 58.8% trade openness, 26.3% investment, and 270 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about Saudi Arabia trade product exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.