Exporting to Saudi Arabia

Saudi Arabia Export Guide | Trade Finance Global

Exporting to Saudi Arabia

Saudi Arabia sits as the fifth largest export economy in the world and is the forty-second most complex economy according to the Economic Complexity Index (ECI). It is the world’s main producer and exporter of petroleum products, and acts as the second largest oil producer after Russia. On average, Saudi Arabia exports around $600B of goods and imports around $150B, which results in a positive trade balance of around $450B. It is estimated that the GDP of Saudi Arabia is around $750B with a GDP per capita of around $50k.

When looking at products that are exported, the main items are crude petroleum, (around $520B), refined petroleum ($30B) and petroleum gas (around $12B) and propylene polymers (around $11B). The main countries of export are Asia (almost $200B), North and Central America ($54B), China ($48B), the United States (around $45B) and Japan (over $40B).

In terms of geography, Saudi Arabia borders the United Arab Emirates, Jordan, Iraq, the United Arab Emirates, Kuwait, Oman, Qatar and Yemen by land and Egypt, Eritrea, Bahrain, Sudan and Iran by sea.

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1.00 GBP
British Pound
1.00 GBP = SAR
=
SAR
Saudi Arabian Riyal
1.00 SAR = INF GBP

Country Profile

CapitalKingdom of Saudi Arabia??????? ??????? ????????(Arabic)Al-Mamlakah Al-??rab?yah As-Sa??d?yah Flag Emblem Motto:?? ??? ??? ????? ???? ???? ????"L? ?il?ha ?ill?l?l?h, Muhammadun ras?l all?h" "There is no god but God; Muhammad is the messenger of God." (Shahada) Anthem:?????? ?????? (as an instrumental)"as-Sal?m al-Malakiyy""The Royal Salute"Riyadh
Population 33,000,000
Area 2,149,690  km2 (830,000 sq mi)
km2 (12th)
Currency Saudi riyal (SAR)
GDP
LanguagesArabic

Saudi Arabia: Imports Profile

Imports from Saudi Arabia

Imports from Saudi Arabia: $136.8 billion
Import commodities:Machinery and equipment, foodstuffs, chemicals, motor vehicles, textiles
Top import destinations:China 16.2%,  United States 15%,  Germany 6.3%,  Japan 5.3%,  United Arab Emirates 5%,  South Korea 5% (2016)
GDP growth (annual %)

Importing from Saudi Arabia? Contact our local experts

First Name*

Last Name*

Your Organisation*

How much trade finance are you seeking?*

Your Email*

Telephone Number*

Briefly, what type of stock or trade are you looking to finance?

Country Profile

CapitalKingdom of Saudi Arabia??????? ??????? ????????(Arabic)Al-Mamlakah Al-??rab?yah As-Sa??d?yah Flag Emblem Motto:?? ??? ??? ????? ???? ???? ????"L? ?il?ha ?ill?l?l?h, Muhammadun ras?l all?h" "There is no god but God; Muhammad is the messenger of God." (Shahada) Anthem:?????? ?????? (as an instrumental)"as-Sal?m al-Malakiyy""The Royal Salute"Riyadh
Population 33,000,000
Area 2,149,690  km2 (830,000 sq mi)
km2 (12th)
Currency Saudi riyal (SAR)
GDP
LanguagesArabic

0.77

Econ Complexity 32nd of 214
1980
2016

$163B

Exports 27th of 221
1980
2016

$131B

Imports 32nd of 221
1980
2016

$54.4k

GDP Per Capita 14th of 214
1990
2016
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