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 = 4.6877 SAR
=
4.6877 SAR
Saudi Arabian Riyal
1.00 SAR = 0.21332 GBP

Country Profile

CapitalKingdom of Saudi Arabia??????? ??????? ????????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 30,770,375
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: $136.8 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??????? ??????? ????????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 30,770,375
Area 2,149,690  km2 (830,000 sq mi)
km2 (12th)
Currency Saudi riyal (SAR)
GDP
Languages Arabic

1.02

Econ Complexity 26th of 185
1980
2014

$306B

Exports 15th of 220
1980
2014

$146B

Imports 32nd of 220
1980
2014

$52k

GDP Per Capita 12th of 185
1990
2014
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