Saudi Arabia
ECON COMPLEXITY (2018)
0.93
RANK 27 OF 137
PRODUCT EXPORTS (2018)
$263B
RANK 21 OF 222
EXPORTS PER CAPITA (2018)
$7.8K
RANK 67 OF 219
PRODUCT IMPORTS (2018)
$136B
RANK 32 OF 221
IMPORTS PER CAPITA (2018)
$4.03K
RANK 73 of 219
SERVICE EXPORTS (2018)
$19.7B
RANK 22 OF 88
SERVICE IMPORTS (2018)
$83.8B
RANK 11 OF 88
GDP (2018)
$787B
CURRENT US$
RANK 18 OF 196
GDP GROWTH (2008-2018)
51.3%
CURRENT US$
RANK 79 OF 196
GDP PC (2018)
$23,339
CURRENT US$
RANK 42 OF 196
GDP PC GROWTH (2008-2018)
16.2%
CURRENT US$
RANK 110 OF 196
Overview: This page contains the latest international trade data for Saudi Arabia, including service trade data, and tariffs. In 2018 Saudi Arabia was the number 18 economy in the world in terms of GDP (current US$), the number 21 in total exports, the number 32 in total imports, and the number 27 most complex economy according to the Economic Complexity Index (ECI). In 2018, Saudi Arabia exported $263B and imported $136B, resulting in a positive trade balance of $127B. In 2018, Saudi Arabia’s exports per capita were $7.8k and its imports per capita were $4.03k.
Trade: The top exports of Saudi Arabia are Crude Petroleum ($165B), Refined Petroleum ($23.9B), Ethylene Polymers ($12.5B), Propylene Polymers ($6.33B), and Acyclic Alcohols ($5.14B). The top imports of Saudi Arabia are Cars ($8.87B), Broadcasting Equipment ($4.83B), Refined Petroleum ($3.72B), Gold ($3.33B), and Packaged Medicaments ($3.15B).
Destinations: Saudi Arabia exports mostly to China ($37.5B), Japan($29.4B), India ($26.3B), South Korea ($23.5B), and United States($22B), and imports mostly from China ($19.1B), United Arab Emirates($17.2B), United States ($13.1B), Germany ($7.58B), and India ($5.84B).
Location: Saudi Arabia borders Iraq, Jordan, Kuwait, Oman, Qatar, United Arab Emirates, and Yemen by land and Bahrain, Egypt, Eritrea, Iran, and Sudan by sea.
Exports
In 2018 Saudi Arabia exported a total of $263B, making it the number 21 exporter in the world. During the last five reported years the exports of Saudi Arabia have changed by -$290B from $553B in 2013 to $263B in 2018.
The most recent exports are led by Crude Petroleum ($165B), Refined Petroleum ($23.9B), Ethylene Polymers ($12.5B), Propylene Polymers ($6.33B), and Acyclic Alcohols ($5.14B).
Imports
In 2018 Saudi Arabia imported $136B, making it the number 32 trade destination in the world. During the last five reported years the imports of Saudi Arabia changed by -$32.4B from $168B in 2013 to $136B in 2018.
The most recent imports of Saudi Arabia are led by Cars ($8.87B), Broadcasting Equipment ($4.83B), Refined Petroleum ($3.72B), Gold ($3.33B), and Packaged Medicaments ($3.15B).
Trade Balance
As of 2018 Saudi Arabia had a positive trade balance of $74.2B in net exports. As compared to their trade balance in 1995 when they still had a positive trade balance of $30.5B in net exports.
Destinations
The most common destination for the exports of Saudi Arabia are China ($37.5B), Japan ($29.4B), India ($26.3B), South Korea ($23.5B), and United States ($22B).
Origins
The most common import partners for Saudi Arabia are China ($19.1B), United Arab Emirates ($17.2B), United States ($13.1B), Germany ($7.58B), and India ($5.84B).