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Saudi Arabia Trade Summary

1994

Saudi Arabia exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR SAUDI ARABIA 1994

Overall Exports and Imports for Saudi Arabia 1994

Exports and imports of Saudi Arabia in 1994 are below, along with number of countries and products

  • The total value of exports (FoB) was 42,874 million.
  • The total value of imports (CIF) was 23,043 million.
  • At the HS6 digit level, 3,087 products were exported to 123 countries and 4,672 products were imported from 150 countries.

Saudi Arabia top 5 Export and Import partners 1994

Top five countries to which Saudi Arabia exported in 1994 are below, along with the percent of total exports that went to that country:

  1. Saudi Arabia exports to Special Categories worth US$ 19,262 million, with a partner share of 44.93 percent.
  2. Saudi Arabia exports to United States worth US$ 7,323 million, with a partner share of 17.08 percent.
  3. Saudi Arabia exports to Japan worth US$ 5,216 million, with a partner share of 12.16 percent.
  4. Saudi Arabia exports to France worth US$ 2,465 million, with a partner share of 5.75 percent.
  5. Saudi Arabia exports to Netherlands worth US$ 1,626 million, with a partner share of 3.79 percent.

Top five countries from which Saudi Arabia imported goods in 1994 are below, along with percent of total imports that came from the country :

  1. Saudi Arabia imports from United States worth US$ 4,969 million, with a partner share of 21.57 percent.
  2. Saudi Arabia imports from Japan worth US$ 2,742 million, with a partner share of 11.90 percent.
  3. Saudi Arabia imports from United Kingdom worth US$ 1,975 million, with a partner share of 8.57 percent.
  4. Saudi Arabia imports from Germany worth US$ 1,930 million, with a partner share of 8.38 percent.
  5. Saudi Arabia imports from Italy worth US$ 1,097 million, with a partner share of 4.76 percent.

Saudi Arabia Top 5 Productsexports imports at HS 6 digit level 1994

The top five exported HS 6 digit level products to world by Saudi Arabia along with trade value are:

  1. Saudi Arabia exported Petroleum oils and oils obtained from bituminou , worth US$ 31,967,459.33 million.
  2. Saudi Arabia exported Polyethylene having a specific gravity >=0.94, , worth US$ 388,938.75 million.
  3. Saudi Arabia exported Methanol (methyl alcohol) , worth US$ 378,191.97 million.
  4. Saudi Arabia exported Polyethylene having a specific gravity <0.94, i , worth US$ 293,886.53 million.
  5. Saudi Arabia exported Ethylene glycol (ethanediol) , worth US$ 292,216.32 million.

The top five imported HS 6 digit level products from world by Saudi Arabia along with trade value are

  1. Saudi Arabia imported Aircraft parts nes , worth US$ 1,432,052.74 million.
  2. Saudi Arabia imported Automobiles with reciprocating piston engine di , worth US$ 1,024,808.90 million.
  3. Saudi Arabia imported Gold in unwrought forms non-monetary , worth US$ 734,289.60 million.
  4. Saudi Arabia imported Barley , worth US$ 496,650.56 million.
  5. Saudi Arabia imported Automobiles with reciprocating piston engine di , worth US$ 456,920.29 million.

Exports and Imports of Product Groups 1994

Exports and imports of products by stages of processing in 1994 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1994

Tariffs imposed by Saudi Arabia in 1994 are below

  • The maximum rate of tariff in percentage on any product was 125 percent.
  • The simple average tariff across all products was 12.32 percent.
  • The trade weighted average tariff was 10.72 .
  • The total duty free imports in thousands of US dollars were 2,284,911.25 and duty free tariff line items share was 2.33 percent.

Development Indicators 1994

Key Development Indicators of Saudi Arabia in 1994 are below

  • Saudi Arabia GDP in current US dollar was 135,175 million.
  • GNI per capita, Atlas method (current US$) was 7,660.00 .
  • Saudi Arabia Trade balance: as % of GDP was 7.93.
  • Trade balance in current US$ was 10,720.00 million.
  • Trade as percentage of GDP was 60.07 .
  • Trade in services as percentage of GDP was 16.06 .

Trade Indicators 1994

Trade Indicators for Saudi Arabia in 1994 are below

  • Hirschman Herfindahl market concentration index was 0.10.
  • Index of export market penetration was 2.42.
  • World Growth in percentage was 15.29 and Saudi Arabia Country Growth was 4.57 .