๐ธ๐ฆ Saudi Arabia imports of hydrocarbon: 2024 trade data
In 2024, Saudi Arabia imported hydrocarbon worth $312.3 million (211.7 thousand tonnes). Its share of world imports was 1%. That is 19% less than in 2023. Over 2017-2024 the trade grew strongly, by about 11% a year on average.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of hydrocarbon by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $312.3M | 211.7K t |
| 2023 | $384.3M | 246.3K t |
| 2022 | $366.1M | 244.4K t |
| 2021 | $319.9M | 285.8K t |
| 2020 | $133.7M | 161.1K t |
| 2019 | $161.4M | 154.4K t |
| 2018 | $137.7M | 101.9K t |
| 2017 | $150.9M | 134.1K t |
Where Saudi Arabia imports hydrocarbon from
One supplier dominates: Belgium accounted for 51% of the value. Among the main suppliers, United States grew fastest (+258% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| ๐ง๐ช Belgium | $158.0M | 51% |
| ๐ฟ๐ฆ South Africa | $54.1M | 17% |
| ๐ฐ๐ท South Korea | $42.2M | 14% |
| ๐บ๐ธ United States | $18.0M | 5.8% |
| ๐ถ๐ฆ Qatar | $9.3M | 3% |
| ๐ฑ๐พ Libya | $8.2M | 2.6% |
| ๐ฎ๐ณ India | $7.0M | 2.3% |
| ๐ฎ๐น Italy | $3.6M | 1.2% |
| ๐ณ๐ฑ Netherlands | $2.6M | 0.8% |
| ๐ธ๐ฌ Singapore | $2.1M | 0.7% |
Types of hydrocarbon under HS 2901
| 2901.29 | Acyclic hydrocarbons: unsaturated, n.e.c. in heading no. 2901 | 43% |
| 2901.23 | Acyclic hydrocarbons: unsaturated, butene (butylene) and isomers thereof | 38% |
| 2901.10 | Acyclic hydrocarbons: saturated | 16% |
| 2901.22 | Acyclic hydrocarbons: unsaturated, propene (propylene) | 2.7% |
| 2901.24 | Acyclic hydrocarbons: unsaturated, buta-1,3-diene and isoprene | 1.3% |
| 2901.21 | Acyclic hydrocarbons: unsaturated, ethylene | 0.1% |
Codes and full descriptions: HS heading 2901.
Average import price of hydrocarbon
The average declared value was about $1.48 per kg, 97% above the world average of $0.75. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Saudi Arabia also exports hydrocarbon
Exports of hydrocarbon by Saudi Arabia reached $258.5 million in 2024 (244.6 thousand tonnes). Its share of world exports was 1%. Most of it went to Singapore (15%), South Korea (14%), India (13%). Trade is spread widely: the top three buyer markets together make up only 42%. Among the main buyer markets, Malaysia grew fastest (+231% on the year before).
| Destination | Value | Share |
|---|---|---|
| ๐ธ๐ฌ Singapore | $38.3M | 15% |
| ๐ฐ๐ท South Korea | $36.3M | 14% |
| ๐ฎ๐ณ India | $33.5M | 13% |
| ๐ฎ๐ฉ Indonesia | $27.9M | 11% |
| ๐ง๐ช Belgium | $22.1M | 8.6% |
| ๐ช๐ฌ Egypt | $18.8M | 7.3% |
| ๐จ๐ณ China | $13.8M | 5.3% |
| ๐ฒ๐พ Malaysia | $10.9M | 4.2% |
| ๐ณ๐ฑ Netherlands | $10.4M | 4% |
| ๐จ๐ด Colombia | $7.8M | 3% |
Who is behind these numbers in Saudi Arabia?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Mirror data: built from the shipment records of the countries that trade with it.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2901: Acyclic hydrocarbons.
Hydrocarbon trade in Saudi Arabia: questions
What is the value of hydrocarbon imported by Saudi Arabia?
Saudi Arabia imported hydrocarbon worth $312.3 million in 2024 (211.7 thousand tonnes).
Where does Saudi Arabia import hydrocarbon from?
The main supplier countries in 2024 were Belgium (51%), South Africa (17%), South Korea (14%).
What is the average import price of hydrocarbon in Saudi Arabia?
The average declared import value was about $1.48 per kg in 2024, against a world average of $0.75 per kg.
Does Saudi Arabia export hydrocarbon?
Yes. Saudi Arabia exported hydrocarbon worth $258.5 million in 2024, mainly to Singapore, South Korea, India.
What is the HS code for hydrocarbon?
Hydrocarbon falls under HS heading 2901 (Acyclic hydrocarbons). The six-digit codes under it split the product by type.
How can I find the companies trading hydrocarbon with Saudi Arabia?
These public statistics stop at country level. EximDataX builds Saudi Arabia trade from the records of its trading partners, updated weekly, so you can see who ships this product there.
Hydrocarbon trade in other countries
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