Global Journal of Economics and Business

Volume 13 - Issue 1 (3) | PP: 30 - 42 Language : العربية
DOI : https://doi.org/10.31559/GJEB2023.13.1.3
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Demand for Saudi Non-Oil Exports Case Study "Organic Chemicals"

Dirar Abdulhameed Altoum Alotaibi
Received Date Revised Date Accepted Date Publication Date
24/12/2022 24/1/2023 4/2/2023 13/3/2023
Abstract
Research problem What is the current situation of Saudi exports of organic chemicals? What is the competitive position of Saudi exports of organic chemicals in the most important importing markets? Almost Ideal Demand System (AIDS) was used for the important 3 products under the Organic Chemicals Division with code 29: Cyclic Hydrocarbons with code 2902, Acyclic Alcohols and their derivatives with code 2905, and Ethers and its derivatives with code 2909 during the period (2000 - 2021). The most important results were as follows: - Saudi exports of Organic Chemicals and their derivatives (Code 29) amounted to about 10.3 billion dollars in 2017, increased to about 14.4 billion dollars in 2021, of which Cyclic Hydrocarbons (code 2902) represent about 18.40%. China, India, Belgium, UAE, Portugal and Turkey are the most important countries Imported from Saudi Arabia, Acyclic Alcohols and their derivatives (code 2905) are about 26.28%. China, Japan, India, South Korea and Belgium are the most important importing countries from Saudi Arabia, and Ethers and their derivatives (code 2909) are about 26.42%. China, Singapore, UAE, India, Indonesia and UAE And South Korea is the most important importing country from Saudi Arabia, as they are the most important products under the main section, in 2021. The value of Saudi exports of Cyclic Hydrocarbons (code 2902) amounted to about 1.6 billion dollars in 2017, increased to about 2.8 billion dollars in 2021, and China and Belgium are the most important importing countries with a rate of about 48.68%, 12.32% of Saudi exports to the world, as an average for the period (2017-2021).


How To Cite This Article
Alotaibi , D. A. A. (2023). Demand for Saudi Non-Oil Exports Case Study "Organic Chemicals". Global Journal of Economics and Business, 13 (1), 30-42, https://doi.org/10.31559/GJEB2023.13.1.3

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