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Saudi Arabia Trade Summary

2008

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 2008

Overall Exports and Imports for Saudi Arabia 2008

Exports and imports of Saudi Arabia in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 312,999 million.
  • The total value of imports (CIF) was 112,273 million.
  • At the HS6 digit level, 2,320 products were exported to 164 countries and 3,984 products were imported from 177 countries.

Saudi Arabia top 5 Export and Import partners 2008

Top five countries to which Saudi Arabia exported in 2008 are below, along with the percent of total exports that went to that country:

  1. Saudi Arabia exports to Other Asia, nes worth US$ 166,362 million, with a partner share of 53.15 percent.
  2. Saudi Arabia exports to Unspecified worth US$ 115,126 million, with a partner share of 36.78 percent.
  3. Saudi Arabia exports to United Arab Emirates worth US$ 4,586 million, with a partner share of 1.47 percent.
  4. Saudi Arabia exports to China worth US$ 2,131 million, with a partner share of 0.68 percent.
  5. Saudi Arabia exports to Qatar worth US$ 1,550 million, with a partner share of 0.50 percent.

Top five countries from which Saudi Arabia imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. Saudi Arabia imports from United States worth US$ 15,481 million, with a partner share of 13.79 percent.
  2. Saudi Arabia imports from China worth US$ 12,414 million, with a partner share of 11.06 percent.
  3. Saudi Arabia imports from Japan worth US$ 9,347 million, with a partner share of 8.32 percent.
  4. Saudi Arabia imports from Germany worth US$ 8,432 million, with a partner share of 7.51 percent.
  5. Saudi Arabia imports from Korea, Rep. worth US$ 5,079 million, with a partner share of 4.52 percent.

Saudi Arabia Top 5 Productsexports imports at HS 6 digit level 2008

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 247,097,213.67 (US$ Thousands).
  2. Saudi Arabia exported Petroleum oils, etc, (excl. crude); preparation , worth 21,776,362.95 (US$ Thousands).
  3. Saudi Arabia exported Propane, liquefied , worth 4,934,209.63 (US$ Thousands).
  4. Saudi Arabia exported Butanes, liquefied , worth 3,217,904.56 (US$ Thousands).
  5. Saudi Arabia exported Polyethylene having a specific gravity >=0.94, , worth 2,186,515.27 (US$ Thousands).

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 4,925,982.16 (US$ Thousands).
  2. Saudi Arabia imported Automobiles with reciprocating piston engine di , worth 4,157,547.33 (US$ Thousands).
  3. Saudi Arabia imported Barley , worth 2,983,891.46 (US$ Thousands).
  4. Saudi Arabia imported Transmission apparatus, for radioteleph incorpo , worth 2,017,599.59 (US$ Thousands).
  5. Saudi Arabia imported Aircraft parts nes , worth 1,851,872.45 (US$ Thousands).

Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by Saudi Arabia in 2008 are below

  • The maximum rate of tariff in percentage on any product was 5 percent.
  • The simple average tariff across all products was 3.33 percent.
  • The trade weighted average tariff was 3.25 .
  • The total duty free imports in thousands of US dollars were 20,551,982.49 and duty free tariff line items share was 28.35 percent.

Development Indicators 2008

Key Development Indicators of Saudi Arabia in 2008 are below

  • Saudi Arabia GDP in current US dollar was 519,797 million.
  • GNI per capita, Atlas method (current US$) was 17,420.00 .
  • Saudi Arabia Trade balance: as % of GDP was 28.12.
  • Trade balance in current US$ was 146,169.00 million.
  • Trade as percentage of GDP was 96.10 .
  • Trade in services as percentage of GDP was 16.28 .

Trade Indicators 2008

Trade Indicators for Saudi Arabia in 2008 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 5.37.
  • World Growth in percentage was 7.43 and Saudi Arabia Country Growth was 20.98 .