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 = 4.8681 SAR
=
4.8681 SAR
Saudi Arabian Riyal
1.00 SAR = 0.20541 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
Languages Arabic

Saudi Arabia: Imports Profile

Imports from Saudi Arabia

Imports from Saudi Arabia: $157.7 billion
Import commodities:Machinery and equipment, foodstuffs, chemicals, motor vehicles, textiles
Top import destinations:China 13.9%, United States 12.6%, Germany 7.1%, South Korea 6.1%, India 4.5%, Japan 4.4%, United Kingdom 4.3% (2015)
GDP growth (annual %)

Importing from Saudi Arabia? Contact our local experts

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
Languages Arabic

0.88

Econ Complexity 29th of 184
1980
2015

$182B

Exports 25th of 221
1980
2015

$167B

Imports 28th of 221
1980
2015

$53.5k

GDP Per Capita 13th of 184
1990
2015
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