This statistic shows the main export partners of Saudi Arabia as of 2023. In 2023, China was the most important export partner of Saudi Arabia with a share of 21 percent in Saudi Arabia's total exports.
This statistic shows the main import partners of Saudi Arabia in 2023. In 2023, China was the most important import partner of Saudi Arabia with a share of 21 percent in Saudi Arabia's total imports. Saudi Arabia's trade policy Imports have been increasing steadily in Saudi Arabia over the last few years, but reduced a bit in the last year. This is likely due to the country having less disposable income because of falling crude oil prices in the region, resulting in slight reductions in export revenue. At present, the main import partners for Saudi Arabia include China, the United States, India, Germany, South Korea and Japan. All of these countries are located outside of the region, just like the leading export recipients. Almost all of Saudi Arabia’s import partners are also the country's main export partners, with the exception of Germany and Singapore. In general, it is obvious that Saudi Arabia supports bi-lateral trade opportunities on an international scale, but exclusively with countries from outside the region. This has been a source of resentment from neighboring countries, who have opposed the role of the United States in the Middle East, for example. Presently, with the war in Syria, tensions are rising due to differing opinions about what to do and who to support in the region - especially regarding relations with Iran. While these tensions will most likely not affect Saudi Arabia’s established trading relationships, they could cause further instability in the region and throughout the world.
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Saudi Arabia recorded a trade surplus of 19793 SAR Million in March of 2025. This dataset provides - Saudi Arabia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Saudi Arabia's total Exports in 2023 were valued at US$320.02 Billion, according to the United Nations COMTRADE database on international trade. Saudi Arabia's main export partners were: China, Japan and India. The top three export commodities were: Commodities not specified according to kind; Plastics and Organic chemicals. Total Imports were valued at US$206.94 Billion. In 2023, Saudi Arabia had a trade surplus of US$113.08 Billion.
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Top Import Trading Partners of Saudi-arabia with import value and Year on Year growth comparison
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Saudi Arabia's total Imports in 2023 were valued at US$206.94 Billion, according to the United Nations COMTRADE database on international trade. Saudi Arabia's main import partners were: China, the United States and the United Arab Emirates. The top three import commodities were: Machinery, nuclear reactors, boilers; Vehicles other than railway, tramway and Electrical, electronic equipment. Total Exports were valued at US$320.02 Billion. In 2023, Saudi Arabia had a trade surplus of US$113.08 Billion.
Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.
This statistic shows the trade balance of goods of Saudi Arabia from 2013 to 2023. In 2023, Saudi Arabia's trade balance surplus amounted to approximately ****** billion years. Saudi Arabia's economic state Saudi Arabia’s positive trade balance dropped during the economic crisis, recovered thereafter, but has faltered somewhat in the past couple of years. This is likely due to a loss in export income associated with falling crude oil prices in the region. This has affected the economy and is expected to increase the country’s national debt. As a major oil producer and exporter, on the one hand Saudi Arabia needs to maintain international relations related to the export of its most precious resource, and on the other hand it needs to preserve stability in the region. For the most part, the country has been able to do so. Due to large oil reserves throughout the region, Saudi Arabia’s most important export partners include China, the United States, Japan, South Korea, India and Singapore. As one of the main oil producers worldwide and ranked among the countries with the largest GDP, Saudi Arabia remains one of the key players in the Muslim and Arab world. It is also home to the birthplace of the Muslim Prophet Mohammed, giving the country a special significance. However, as tension rise with Iran, an uneasy relationship based in religion, politics and history, preserving stability in the region and international relations may become a challenge.
This statistic shows Iran's main import partners in 2023, sorted by their share in total imports. In 2023, Iran's main import partner was the China with a share of 34 percent in all imports. Iran's struggling economy Iran’s main import partners in descending order of importance include the United Arab Emirates, China, Algeria, India, South Korea and Turkey. Together the United Arab Emirates and China compose over 50 percent of all imports. No European countries or the United States are close trade partners with Iran for neither imports nor exports. Iran has been isolated from the west with sanctions due to concerns over the country's role in the manufacture of weapons of mass destruction for decades. In 2011, further sanctions on Iran from the United States and Europe were agreed upon, which negatively affected Iran’s economy. This also had an effect on the value of totalimports into the country which also dropped slightly around the same period. This is likely due to the fact that Iran’s GDP per capita also reduced significantly thereafter, limiting the country’s capacity to import goods. Compared to the GDP per capita of Saudi Arabia, Iran’s is significantly lower. Aside from the Saudi Arabian oil trade, one difference could be attributed to the fact that Saudi Arabia, in contrast to Iran, has developed strong international ties and trades freely with Europe and the United States, whereas Iran remains isolated for the time being.
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Canada Trade Balance: NAPCS: BOP: sa: Saudi Arabia data was reported at -248.500 CAD mn in Sep 2018. This records an increase from the previous number of -336.800 CAD mn for Aug 2018. Canada Trade Balance: NAPCS: BOP: sa: Saudi Arabia data is updated monthly, averaging -57.400 CAD mn from Jan 1997 (Median) to Sep 2018, with 261 observations. The data reached an all-time high of 273.000 CAD mn in Oct 2016 and a record low of -336.800 CAD mn in Aug 2018. Canada Trade Balance: NAPCS: BOP: sa: Saudi Arabia data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.JA003: Trade Balance: NAPCS 2007: Seasonally Adjusted (Discontinued).
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Imports: Customs: Saudi Arabia data was reported at 133.500 CAD mn in Sep 2023. This records an increase from the previous number of 120.000 CAD mn for Aug 2023. Imports: Customs: Saudi Arabia data is updated monthly, averaging 142.700 CAD mn from Jan 1997 (Median) to Sep 2023, with 321 observations. The data reached an all-time high of 556.000 CAD mn in May 2022 and a record low of 0.500 CAD mn in Feb 2004. Imports: Customs: Saudi Arabia data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.JA085: Imports: by Major Trading Partners: NAPCS 2017: Customs Basis.
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Canada Exports: NAPCS: BOP: Saudi Arabia data was reported at 42.600 CAD mn in Sep 2018. This records a decrease from the previous number of 51.000 CAD mn for Aug 2018. Canada Exports: NAPCS: BOP: Saudi Arabia data is updated monthly, averaging 76.700 CAD mn from Jan 1997 (Median) to Sep 2018, with 261 observations. The data reached an all-time high of 385.000 CAD mn in May 2018 and a record low of 14.900 CAD mn in Jan 1999. Canada Exports: NAPCS: BOP: Saudi Arabia data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.JA030: Exports by Major Trading Partners: NAPCS 2007: Balance of Payments Basis (Discontinued).
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Canada Imports: BOP: sa: Saudi Arabia data was reported at 179.500 CAD mn in Oct 2018. This records a decrease from the previous number of 290.800 CAD mn for Sep 2018. Canada Imports: BOP: sa: Saudi Arabia data is updated monthly, averaging 125.100 CAD mn from Jan 1997 (Median) to Oct 2018, with 262 observations. The data reached an all-time high of 494.800 CAD mn in Jun 2018 and a record low of 0.400 CAD mn in Feb 2007. Canada Imports: BOP: sa: Saudi Arabia data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.JA011: NAPCS 2017: Exports and Imports: By Major Trading Partners: Seasonally Adjusted.
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Saudi Arabia import data: Discover the high-income economy boosted by import diversification and strategic trade partnerships.
This statistic shows the most important export partner countries for Egypt in 2023. In 2023, the most important export partner of Egypt was the United States, with a share of 8 percent in exports.
In the year 2024, the United States exported more than eight million metric tons of steel products, majority of which were sent to Mexico and Canada, making them the leading trade partners for the United States. That year, Saudi Arabia was the last country in this ranking, with approximately 11,680 metric tons of exported products.
As of April 9, 2025, the United States levied a revised baseline of 10 percent on all goods imported from countries of the Middle East and North Africa .Based on the initial tariff calculation of April 3, the rates of imported goods would have varied by country in the region, with Syria and Iraq at 41 and 39 percent, respectively. Tariffs and their effects he intertwined nature of global trade and supply chains implies that the shockwaves of significant policy changes and economic turbulences spread more easily across countries. This was illustrated in the effects of new United States tariffs on Arab countries, where projections show a 1.4 percent decrease in investments in the Gulf Cooperation Council (GCC). Meanwhile, the impact of these tariffs on the Middle East and North Africa (MENA) imports forecast a 28 percent decrease in imports from the United States to the Arab region. Middle East-United States trade relations The nature of trade relationships between the United States and the Middle East is often influenced by geopolitical and security realities, with Israel, UAE, and Saudi Arabia being the leading bilateral trading partners. A particularly strong trade relationship exists between the GCC countries and the United States, evident in the value of exports from the former to the latter. On the other hand, the value of exports from the broader Arab region to the United States fell considerably in the last decade, largely due to petroleum and oil revenue decrease.
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Canada Exports: Customs: Saudi Arabia data was reported at 206.500 CAD mn in Sep 2023. This records an increase from the previous number of 70.900 CAD mn for Aug 2023. Canada Exports: Customs: Saudi Arabia data is updated monthly, averaging 62.500 CAD mn from Jan 1997 (Median) to Sep 2023, with 321 observations. The data reached an all-time high of 528.100 CAD mn in Jan 2021 and a record low of 10.900 CAD mn in Jan 1999. Canada Exports: Customs: Saudi Arabia data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.JA042: Exports: by Major Trading Partners: NAPCS 2017: Customs Basis.
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Canada Exports: Customs: sa: Saudi Arabia data was reported at 206.000 CAD mn in Sep 2023. This records an increase from the previous number of 71.400 CAD mn for Aug 2023. Canada Exports: Customs: sa: Saudi Arabia data is updated monthly, averaging 62.500 CAD mn from Jan 1997 (Median) to Sep 2023, with 321 observations. The data reached an all-time high of 532.200 CAD mn in Jan 2021 and a record low of 10.900 CAD mn in Jan 1999. Canada Exports: Customs: sa: Saudi Arabia data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.JA044: Exports: by Major Trading Partners: NAPCS 2017: Customs Basis: Seasonally Adjusted.
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Canada Exports: BOP: Saudi Arabia data was reported at 38.000 CAD mn in Oct 2018. This records a decrease from the previous number of 42.700 CAD mn for Sep 2018. Canada Exports: BOP: Saudi Arabia data is updated monthly, averaging 76.500 CAD mn from Jan 1997 (Median) to Oct 2018, with 262 observations. The data reached an all-time high of 385.200 CAD mn in May 2018 and a record low of 14.900 CAD mn in Jan 1999. Canada Exports: BOP: Saudi Arabia data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.JA009: NAPCS 2017: Exports and Imports: By Major Trading Partners.
This statistic shows the main export partners of Saudi Arabia as of 2023. In 2023, China was the most important export partner of Saudi Arabia with a share of 21 percent in Saudi Arabia's total exports.