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Saudi Arabia Trade Summary

2003

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 2003

Overall Exports and Imports for Saudi Arabia 2003

Exports and imports of Saudi Arabia in 2003 are below, along with number of countries and products

  • The total value of exports (FoB) was 92,766 million.
  • The total value of imports (CIF) was 39,569 million.
  • At the HS6 digit level, 2,017 products were exported to 115 countries and 3,943 products were imported from 147 countries.

Saudi Arabia top 5 Export and Import partners 2003

Top five countries to which Saudi Arabia exported in 2003 are below, along with the percent of total exports that went to that country:

  1. Saudi Arabia exports to Other Asia, nes worth US$ 41,971 million, with a partner share of 45.24 percent.
  2. Saudi Arabia exports to Unspecified worth US$ 40,564 million, with a partner share of 43.73 percent.
  3. Saudi Arabia exports to United Arab Emirates worth US$ 1,576 million, with a partner share of 1.70 percent.
  4. Saudi Arabia exports to Kuwait worth US$ 747 million, with a partner share of 0.81 percent.
  5. Saudi Arabia exports to United States worth US$ 640 million, with a partner share of 0.69 percent.

Top five countries from which Saudi Arabia imported goods in 2003 are below, along with percent of total imports that came from the country :

  1. Saudi Arabia imports from United States worth US$ 5,928 million, with a partner share of 14.98 percent.
  2. Saudi Arabia imports from Japan worth US$ 4,426 million, with a partner share of 11.18 percent.
  3. Saudi Arabia imports from Germany worth US$ 3,632 million, with a partner share of 9.18 percent.
  4. Saudi Arabia imports from China worth US$ 2,346 million, with a partner share of 5.93 percent.
  5. Saudi Arabia imports from United Kingdom worth US$ 2,251 million, with a partner share of 5.69 percent.

Saudi Arabia Top 5 Productsexports imports at HS 6 digit level 2003

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$ 70,641,438.17 million.
  2. Saudi Arabia exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 7,260,318.41 million.
  3. Saudi Arabia exported Propane, liquefied , worth US$ 2,994,692.81 million.
  4. Saudi Arabia exported Petroleum gases and other gaseous hydrocarbons, , worth US$ 1,030,758.62 million.
  5. Saudi Arabia exported Polyethylene having a specific gravity <0.94, i , worth US$ 806,375.41 million.

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

  1. Saudi Arabia imported Automobiles with reciprocating piston engine di , worth US$ 2,054,296.70 million.
  2. Saudi Arabia imported Automobiles with reciprocating piston engine di , worth US$ 1,630,981.24 million.
  3. Saudi Arabia imported Aircraft parts nes , worth US$ 1,360,082.50 million.
  4. Saudi Arabia imported Barley , worth US$ 963,925.21 million.
  5. Saudi Arabia imported Transmission apparatus, for radioteleph incorpo , worth US$ 716,932.90 million.

Exports and Imports of Product Groups 2003

Exports and imports of products by stages of processing in 2003 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2003

Tariffs imposed by Saudi Arabia in 2003 are below

  • The maximum rate of tariff in percentage on any product was 828.12 percent.
  • The simple average tariff across all products was 6.64 percent.
  • The trade weighted average tariff was 7.28 .
  • The total duty free imports in thousands of US dollars were 4,208,096.22 and duty free tariff line items share was 4.68 percent.

Development Indicators 2003

Key Development Indicators of Saudi Arabia in 2003 are below

  • Saudi Arabia GDP in current US dollar was 215,808 million.
  • GNI per capita, Atlas method (current US$) was 9,200.00 .
  • Saudi Arabia Trade balance: as % of GDP was 21.88.
  • Trade balance in current US$ was 47,213.00 million.
  • Trade as percentage of GDP was 69.83 .
  • Trade in services as percentage of GDP was 12.31 .

Trade Indicators 2003

Trade Indicators for Saudi Arabia in 2003 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 4.64.
  • World Growth in percentage was 8.09 and Saudi Arabia Country Growth was 14.91 .