Table II.

Saudi market share by percentage of total country imports

Country2013 (%)2015 (%)
South Africa52.921.9
Taiwan35.832.2
Japan3535.6
South Korea31.330
Belgium19.826.7
China19.415.4
France18.318.6
Thailand18.117.4
Brazil18.122.6
India1819.7
USA17.114.4
Spain14.110.5
Canada12.113.2
Italy11.68.8
The Netherlands11.37.9

Notes:

Even though Saudi Arabia is a low cost producer of oil, it has lost ground to rivals including Russia and Iraq in key markets. The figures below are from facts global energy (FGE)

Source: Anjli Raval, “Saudi Arabia loses oil market share to rivals in key nations”, Financial Times, March 28, 2016, www.ft.com/content/5e8c1d52-f19f-11e5-aff5-19b4e253664a

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