Urea-formaldehyde resins exports from Saudi Arabia: data, top buyers and prices
In 2024, Saudi Arabia exported urea-formaldehyde resins worth $34.6 million (70.9 thousand tonnes). Its share of world exports was 3%. Value rose 37% on 2023. Over 2017-2024 the trade grew strongly, by about 19% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $34.6M | 70.9K t |
| 2023 | $25.2M | 28.5K t |
| 2022 | $33.9M | 35.4K t |
| 2021 | $10.0M | 19.9K t |
| 2020 | $6.7M | 16.6K t |
| 2019 | $7.4M | 18.1K t |
| 2018 | $15.5M | 26.5K t |
| 2017 | $10.2M | 12.1K t |
Where Saudi Arabia exports urea-formaldehyde resins to
The largest buyer markets were Nigeria (34%), Oman (19%), Bangladesh (15%). Among the main buyer markets, Oman grew fastest (+274% on the year before).
| Destination | Value | Share |
|---|---|---|
| Nigeria | $11.9M | 34% |
| Oman | $6.4M | 19% |
| Bangladesh | $5.2M | 15% |
| Ethiopia | $2.2M | 6.4% |
| United Arab Emirates | $2.0M | 5.6% |
| Uganda | $1.4M | 3.9% |
| Chile | $841K | 2.4% |
| Djibouti | $798K | 2.3% |
| Cote d'Ivoire | $580K | 1.7% |
| Kenya | $432K | 1.3% |
Average export price per kg
The average declared value was about $0.49 per kg, 23% below the world average of $0.64, which often means bulk or lower-grade product.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Urea-formaldehyde resins imports to Saudi Arabia
Imports of urea-formaldehyde resins by Saudi Arabia reached $1.6 million in 2024 (806 tonnes). The largest suppliers were Germany (24%), Italy (23%), China (17%). Among the main suppliers, Spain grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| Germany | $390K | 24% |
| Italy | $371K | 23% |
| China | $273K | 17% |
| Egypt | $143K | 9% |
| United Kingdom | $97K | 6.1% |
| Spain | $89K | 5.6% |
| India | $78K | 4.9% |
| Norway | $53K | 3.3% |
| Australia | $33K | 2.1% |
| Malaysia | $25K | 1.6% |
Who is behind these numbers in Saudi Arabia?
The shipment records behind Saudi Arabia urea-formaldehyde resins exports (HS 3909.10): companies, dates, quantities and declared values.
Shipment records are in the platform
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Mirror data: built from the shipment records of the countries that trade with it.
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 3909.10: Amino-resins: urea and thiourea resins, in primary forms.
Common questions
What is the value of urea-formaldehyde resins exported by Saudi Arabia?
Saudi Arabia exported urea-formaldehyde resins worth $34.6 million in 2024, the latest year with complete public data, about 70.9 thousand tonnes. That ranks it 11th of 92 countries worldwide, with 3% of world exports. The value was up 37% on 2023.
Which countries buy urea-formaldehyde resins from Saudi Arabia?
Nigeria was the largest buyer with 34% of the value ($11.9 million), followed by Oman (19%) and Bangladesh (15%). The top three together account for 68%, out of 34 buyer countries in total. Oman grew fastest among the top ten, up 274% on the year.
What is the average export price of urea-formaldehyde resins per kg?
The average declared export value was about $0.49 per kg in 2024, 23% below the world average of $0.64 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have exports of urea-formaldehyde resins from Saudi Arabia changed since 2017?
Exports went from $10.2 million in 2017 to $34.6 million in 2024, an increase of 238%. 2024 was the highest year in the period. Over 8 years the average was $17.9 million a year.
Does Saudi Arabia also import urea-formaldehyde resins?
Yes. Saudi Arabia imported $1.6 million worth of this product in 2024, mainly from Germany, Italy and China. On balance Saudi Arabia is a net exporter of this product, by about $33.0 million a year.
What is the HS code for urea-formaldehyde resins?
The HS code for urea-formaldehyde resins is subheading 3909.10. It sits in HS chapter 39 (plastics and articles thereof). The full list of codes and descriptions is on the HS 3909 page.
How can I find the companies behind this trade?
EximDataX rebuilds Saudi Arabia trade from the customs records of its trading partners, so the companies shipping to and from it are visible. Ask for a live look at your product.
Same product, other countries
World urea-formaldehyde resins trade: top importers and exporters
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