
Saudi Arabia
Global Trade Profile β’ Rank #26 Exporter
$301.35B
Total Exports (2023)
$204.97B
Total Imports (2023)
$96.38B
Trade Surplus
#26
Export Ranking
Trade Flow Visualization
Interactive map showing Saudi Arabia's top trading partners. Green lines represent exports, red lines represent imports.
#26
Export Rank
$301.35B
Total Exports
$204.97B
Total Imports
+$96.38B
Trade Balance
26
Trade Partners
π Top Export Destinations
China
India
Japan
USA
United Arab Emirates
Malaysia
Poland
Singapore
ItalyTop Export Products
π₯ Top Import Sources
China
United Arab Emirates
USA
India
Germany
Japan
Switzerland
Rep. of Korea
United Kingdom
EgyptTop Import Products
π Historical Trade Trends (1995-2023)
29 Years
Data Coverage
29
Data Points
π
Trend Direction
π Featured Analysis
Saudi Arabia is featured in our comprehensive analysis: Top 20 Oil Exporters: Interactive Maps & Trade Flows β
Saudi Arabia Trade Analysis 2023
π Overview
Saudi Arabia stands as the world's #26 largest exporter and #31 largest importer, demonstrating substantial regional trade importance.
The trade profile reveals a robust surplus of 96.38 billion, indicating strong export competitiveness.
The country maintains active trading relationships with 20 major partners, creating a highly diversified trade network.
Monthly trade flows average $42.19B, generating continuous economic activity across logistics, finance, and trade services.
π’ Export Markets
Export Market Concentration
Export concentration shows China as the dominant market at 21.2%. The top three markets control 44.2% of exports.
Regional patterns reveal strong East Asian integration. Secondary markets (Malaysia, Other Asia, nes, Poland) provide $39.52B in additional trade.
π¦ Import Sources
Import Source Concentration
Saudi Arabia relies heavily on China for imports (21.2%),creating supply chain concentration risk.
Energy suppliers including United Arab Emirates (18.02B) collectively provide 18.02 billion or 8.8% of imports, highlighting the economy's dependence on imported energy resources.
Manufacturing inputs come primarily from China, Rep. of Korea, Thailand, Indonesia, reflecting deep integration into Asian production networks. China's dominant position at 43.36 billion encompasses electronics components, textiles, machinery parts, and consumer goods, creating both efficiency benefits and concentration risks.
The USA provides 14.06 billion (6.9%) in imports, concentrated in agricultural products, aircraft, pharmaceuticals, and advanced technology.The top 10 import sources account for 62.0% of total imports, with the remaining 38% distributed among 10 other suppliers.
Regional sourcing patterns reveal diversified global sourcing. European suppliers including Germany (9.54B), Italy (5.26B), France (4.71B) focus on luxury goods, machinery, and specialized chemicals.
Supply chain resilience strategies increasingly emphasize "China Plus One" approaches, with India, Thailandemerging as alternative manufacturing bases. The geographic proximity of major suppliers balances efficiency with risk diversification.
π¦ Product Composition
π Export Products
Top Export Products
Saudi Arabia's export economy centers on diversified industrial production, with the leading export being petroleum oils and oils obtained from bituminous minerals, crudeat $180.93 billion, accounting for 60.0% of total exports.
The automotive sector's dominance is evident in the export portfolio, with . This automotive specialization reflects decades of manufacturing excellence, continuous innovation in fuel efficiency and hybrid technology, and established global brand recognition.
The transition to electric and hybrid vehicles is captured in export data, with 0 categories specifically related to alternative propulsion systems, totaling $0.
Beyond automotive, Saudi Arabia maintains strong positions in specialized equipment,, and Oils, Petroleum oils and oils from bituminous minerals, not crude, Propylene, other olefin polymers.
The top 20 export products collectively account for 85.5% of total exports, revealing moderate concentration with room for further diversification.
π Import Products
Top Import Products
Import requirements center on preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals at 12.30 billion (6.0%), indicating resource dependency.
Beyond energy, critical imports include gold, non-monetary, unwrought (but not p... (7.19B, 3.5%), with only spark-ignition internal combus... (5.83B, 2.8%), Telephones for cellular networks or for ... (4.38B, 2.1%), with only spark-ignition internal combus... (4.29B, 2.1%), with only spark-ignition internal combus... (4.00B, 2.0%).Electronic components and devices total 7.84 billion (3.8% of imports), supporting domestic manufacturing and assembly operations. Pharmaceutical products represent 3.38 billion (1.6%), reflecting healthcare sector demands. Metal ores and minerals contribute 1.52 billion (0.7%), feeding industrial processing capacity.
The import product mix reveals structural characteristics of Saudi Arabia's economy: integration into global electronics supply chains, food security dependencies, and sophisticated consumption patterns.
The ratio of raw materials to finished goods in imports (6 : 14among top 20 products) indicates balanced import composition. Import substitution potential exists in technology sectors through targeted industrial policies and investment.
Product diversification metrics reveal focused product specializationwith implications for economic resilience and growth potential. The technology ladder progression from 15 primary products to 3 high-tech goods indicates the economy's structural transformation and industrial upgrading trajectory.
Value addition opportunities exist in transitioning from raw material exports to processed goods, from components to finished products, and from standard to customized offerings. The product space connectivity, measuring relatedness between current exports and potential new products, suggests need for capability building to enter new product categories.
βοΈ Trade Balance Dynamics
| Partner | Exports | Imports | Balance |
|---|---|---|---|
| China | $63.83B | $43.36B | +$20.46B |
| India | $34.75B | $11.27B | +$23.49B |
| Japan | $34.67B | $7.57B | +$27.10B |
| USA | $16.62B | $14.06B | +$2.56B |
| United Arab Emirates | $12.58B | $18.02B | $-5.44B |
Export-to-import ratio of 1.470 means exports cover 147.0% of import costs.
π Key Relationships
Major Trading Partners
| Partner | Exports | Imports | Balance |
|---|---|---|---|
| China | $63.83B | $43.36B | +$20.46B |
| India | $34.75B | $11.27B | +$23.49B |
| Japan | $34.67B | $7.57B | +$27.10B |
| USA | $16.62B | $14.06B | +$2.56B |
| United Arab Emirates | $12.58B | $18.02B | $-5.44B |
| Italy | $6.49B | $5.26B | +$1.22B |
| Egypt | $5.63B | $5.35B | +$278.50M |
| France | $5.81B | $4.71B | +$1.10B |
| Total | $180.37B | $109.60B | +$70.78B |
The Saudi Arabia-China relationship leads at 107.19 billion in bilateral trade.View detailed analysis β
Additional major partnerships include Japan (42.24B total trade), USA (30.68B total trade), United Arab Emirates (30.59B total trade). Regional integration through Asian supply chains facilitates technology transfer, market access, and production efficiency. The diversity of trading relationshipsβ309.22B across top 10 partnersβprovides resilience against bilateral tensions and regional disruptions.
π Competitive Position
Global rankings position Saudi Arabia as the #26 exporter worldwide,within the major trading nations. The country's share of global exports at approximately 3.014%offers opportunities for market share expansion.
Export sophistication, measured by the dominance of primary commodities, indicates potential for value chain upgrading. The revealed comparative advantage (RCA) index shows strongest competitiveness in sectors where Saudi Arabia's global market share exceeds its overall trade share by factors of 2 or more.
Competitive advantages emerge in sectors where export concentration exceeds import share, particularly inpetroleum oils and oils o, preparations n.e.c. conta, polypropylene in primary . The revealed comparative advantage is strongest in product categories representing74.5% of exports. Market positioning against regional competitors shows leadership in key product segments.
Trade complementarity with major partners suggests deep integration into global supply chains. The export quality ladder, comparing unit values to world averages, indicates competitive pricing strategies.
Competitive dynamics are shaped by factor endowments including advanced technology and skilled labor, infrastructure quality, and business environment. The export survival rate, measuring the persistence of export relationships over time, suggests need for relationship strengthening.
Innovation capacity, reflected in the technology content of exports and R&D intensity, determines long-term competitiveness trajectories. The competitive threat from emerging exporters in similar product categories requires continuous upgrading and differentiation strategies to maintain market position. Regional integration through trade agreements provides preferential access to0 markets, creating competitive advantages over non-member competitors.
π― Strategic Outlook
Strategic Priority
The trade profile presents both opportunities and challenges for economic development strategy. Key strengths include consistent trade surpluses supporting macroeconomic stability,diversified market access reducing concentration risk, and competitive positions in essential commodities.
Vulnerabilities include product concentration in cyclical sectors. The intersection of these factors creates a complex strategic landscape requiring careful navigation to maximize opportunities while mitigating risks.
Strategic priorities should focus on market diversification and value chain upgrading to enhance trade competitiveness. Opportunities exist in expanding trade with Thailand, France, Egypt, developing new product capabilities in higher technology sectors, and strengthening regional integration through new partnership frameworks.
The digital transformation of trade, including e-commerce, digital services, and blockchain-based trade finance, offers new avenues for market access and efficiency gains. Green trade opportunities in renewable energy, sustainable products, and carbon markets represent growing segments aligned with global sustainability goals.
The evolving global trade environment, characterized by technological disruption, geopolitical realignment, and sustainability imperatives, will fundamentally reshape Saudi Arabia's trade prospects. Success requires balanced policies addressing both maintaining export competitiveness while managing currency appreciation pressures.
Investment in infrastructure, education, and innovation ecosystems will determine the ability to climb value chains and capture larger shares of global value addition. The resilience agenda, emphasizing supply chain robustness, strategic autonomy in critical sectors, and economic security considerations, must be balanced with efficiency and openness principles.
As global trade patterns continue evolving, Saudi Arabia's position as the world's #26 exporter provides a platform for continued growth, requiring adaptive strategies, institutional strengthening, and sustained commitment to competitiveness enhancement in an increasingly complex and interconnected global economy.
Data Notes
Data from CEPII BACI database, harmonized using UN Comtrade methodology. All values in current USD at 2023 exchange rates. Trade statistics cover merchandise goods only, excluding services. Mirror statistics reconciliation applied for data consistency. 2024 data available January 2026. HS6 product classification follows 2017 revision.
Data source: CEPII BACI | Last updated: January 2025 | Next update: January 2026