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Saudi Arabia Trade Summary

2020

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 2020

Overall Exports and Imports for Saudi Arabia 2020

Exports and imports of Saudi Arabia in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 185,699 million.
  • The total value of imports (CIF) was 131,313 million.
  • At the HS6 digit level, 2,900 products were exported to 170 countries and 4,225 products were imported from 210 countries.

Saudi Arabia top 5 Export and Import partners 2020

Top five countries to which Saudi Arabia exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Saudi Arabia exports to Unspecified worth US$ 131,999 million, with a partner share of 71.08 percent.
  2. Saudi Arabia exports to United Arab Emirates worth US$ 8,917 million, with a partner share of 4.80 percent.
  3. Saudi Arabia exports to China worth US$ 8,182 million, with a partner share of 4.41 percent.
  4. Saudi Arabia exports to India worth US$ 3,096 million, with a partner share of 1.67 percent.
  5. Saudi Arabia exports to Singapore worth US$ 2,872 million, with a partner share of 1.55 percent.

Top five countries from which Saudi Arabia imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Saudi Arabia imports from China worth US$ 26,509 million, with a partner share of 20.19 percent.
  2. Saudi Arabia imports from United States worth US$ 14,104 million, with a partner share of 10.74 percent.
  3. Saudi Arabia imports from United Arab Emirates worth US$ 8,980 million, with a partner share of 6.84 percent.
  4. Saudi Arabia imports from Germany worth US$ 6,809 million, with a partner share of 5.19 percent.
  5. Saudi Arabia imports from India worth US$ 6,367 million, with a partner share of 4.85 percent.

Saudi Arabia Top 5 Productsexports imports at HS 6 digit level 2020

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

  1. Saudi Arabia exported Polypropylene, in primary forms , worth 4,764,506.44 (US$ Thousands).
  2. Saudi Arabia exported Polyethylene having a specific gravity <0.94, i , worth 3,815,539.01 (US$ Thousands).
  3. Saudi Arabia exported Polyethylene having a specific gravity >=0.94, , worth 3,626,995.12 (US$ Thousands).
  4. Saudi Arabia exported Monobutyl ethers of ethylene glycol or of dieth , worth 2,110,105.50 (US$ Thousands).
  5. Saudi Arabia exported Gold in unwrought forms non-monetary , worth 1,954,251.21 (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 4,781,537.13 (US$ Thousands).
  2. Saudi Arabia imported Automobiles with reciprocating piston engine di , worth 4,489,160.92 (US$ Thousands).
  3. Saudi Arabia imported Transmission apparatus, for radioteleph incorpo , worth 4,188,372.12 (US$ Thousands).
  4. Saudi Arabia imported Petroleum oils, etc, (excl. crude); preparation , worth 3,787,382.85 (US$ Thousands).
  5. Saudi Arabia imported Other medicaments of mixed or unmixed products, , worth 3,359,669.12 (US$ Thousands).

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Saudi Arabia in 2020 are below

  • The maximum rate of tariff in percentage on any product was 1,363.59 percent.
  • The simple average tariff across all products was 4.70 percent.
  • The trade weighted average tariff was 4.23 .
  • The total duty free imports in thousands of US dollars were 44,678,779.02 and duty free tariff line items share was 22.97 percent.

Development Indicators 2020

Key Development Indicators of Saudi Arabia in 2020 are below

  • Saudi Arabia GDP in current US dollar was 734,271 million.
  • GNI per capita, Atlas method (current US$) was 22,420.00 .
  • Saudi Arabia Trade balance: as % of GDP was 0.09.
  • Trade balance in current US$ was 664.00 million.
  • Trade as percentage of GDP was 49.71 .
  • Trade in services as percentage of GDP was 8.89 .

Trade Indicators 2020

Trade Indicators for Saudi Arabia in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 5.45.
  • World Growth in percentage was -3.77 and Saudi Arabia Country Growth was -16.68 .