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Saudi Arabia Trade Summary

2014

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 2014

Overall Exports and Imports for Saudi Arabia 2014

Exports and imports of Saudi Arabia in 2014 are below, along with number of countries and products

  • The total value of exports (FoB) was 341,947 million.
  • The total value of imports (CIF) was 168,240 million.
  • At the HS6 digit level, 2,237 products were exported to 174 countries and 3,951 products were imported from 180 countries.

Saudi Arabia top 5 Export and Import partners 2014

Top five countries to which Saudi Arabia exported in 2014 are below, along with the percent of total exports that went to that country:

  1. Saudi Arabia exports to Other Asia, nes worth US$ 177,747 million, with a partner share of 51.98 percent.
  2. Saudi Arabia exports to Unspecified worth US$ 108,175 million, with a partner share of 31.63 percent.
  3. Saudi Arabia exports to China worth US$ 7,318 million, with a partner share of 2.14 percent.
  4. Saudi Arabia exports to United Arab Emirates worth US$ 6,309 million, with a partner share of 1.85 percent.
  5. Saudi Arabia exports to India worth US$ 3,827 million, with a partner share of 1.12 percent.

Top five countries from which Saudi Arabia imported goods in 2014 are below, along with percent of total imports that came from the country :

  1. Saudi Arabia imports from China worth US$ 23,078 million, with a partner share of 13.72 percent.
  2. Saudi Arabia imports from United States worth US$ 21,384 million, with a partner share of 12.71 percent.
  3. Saudi Arabia imports from Germany worth US$ 12,417 million, with a partner share of 7.38 percent.
  4. Saudi Arabia imports from Japan worth US$ 9,903 million, with a partner share of 5.89 percent.
  5. Saudi Arabia imports from Korea, Rep. worth US$ 8,546 million, with a partner share of 5.08 percent.

Saudi Arabia Top 5 Productsexports imports at HS 6 digit level 2014

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 250,522,819.62 (US$ Thousands).
  2. Saudi Arabia exported Petroleum oils, etc, (excl. crude); preparation , worth 25,787,704.04 (US$ Thousands).
  3. Saudi Arabia exported Polypropylene, in primary forms , worth 6,310,098.22 (US$ Thousands).
  4. Saudi Arabia exported Polyethylene having a specific gravity >=0.94, , worth 6,007,594.98 (US$ Thousands).
  5. Saudi Arabia exported Polyethylene having a specific gravity <0.94, i , worth 4,133,525.63 (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 7,289,674.70 (US$ Thousands).
  2. Saudi Arabia imported Automobiles with reciprocating piston engine di , worth 7,255,984.91 (US$ Thousands).
  3. Saudi Arabia imported Transmission apparatus, for radioteleph incorpo , worth 5,599,306.87 (US$ Thousands).
  4. Saudi Arabia imported Gold in unwrought forms non-monetary , worth 4,626,261.59 (US$ Thousands).
  5. Saudi Arabia imported Barley , worth 1,993,320.66 (US$ Thousands).

Exports and Imports of Product Groups 2014

Exports and imports of products by stages of processing in 2014 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2014

Tariffs imposed by Saudi Arabia in 2014 are below

  • The maximum rate of tariff in percentage on any product was 614.57 percent.
  • The simple average tariff across all products was 4.03 percent.
  • The trade weighted average tariff was 3.39 .
  • The total duty free imports in thousands of US dollars were 53,013,530.28 and duty free tariff line items share was 22.61 percent.

Development Indicators 2014

Key Development Indicators of Saudi Arabia in 2014 are below

  • Saudi Arabia GDP in current US dollar was 766,606 million.
  • GNI per capita, Atlas method (current US$) was 24,910.00 .
  • Saudi Arabia Trade balance: as % of GDP was 12.93.
  • Trade balance in current US$ was 99,158.00 million.
  • Trade as percentage of GDP was 79.56 .
  • Trade in services as percentage of GDP was 14.75 .

Trade Indicators 2014

Trade Indicators for Saudi Arabia in 2014 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 5.30.
  • World Growth in percentage was 0.08 and Saudi Arabia Country Growth was -2.82 .