The export value of computer input or output units from Saudi Arabia stood at 4.8531 million USD in 2023. Over the past decade, the trend has been highly volatile, with notable peaks in 2016 and significant drops in subsequent years. Year-on-year variations reveal dramatic swings, such as a 148.88% increase in 2014 and a 30.95% decrease in 2017. More recently, 2022 and 2023 saw minor decreases of 2.87% and 2.9%, respectively, illustrating a relative stabilization.
The five-year CAGR leading up to 2023 was essentially flat at 0.045%, whereas the forecasted five-year CAGR from 2024 to 2028 projects a decline of 2.69%, translating to an overall decrease of 12.72% by 2028. These projections indicate a gradual downward trend in exports for the near future.
Future trends to watch for include:
- Technological advancements in export logistics and efficiency could impact trade values.
- Global demand may fluctuate based on technological innovation cycles and geopolitical factors.
- Policy changes in international trade, including tariffs and export regulations, could significantly affect export volumes.
