Overall Exports and Imports for Saudi Arabia 2023
- The total value of exports (FOB) is US$ 320,018 million.
- The total value of imports (CIF) is US$ 206,940 million.
- At the HS6 digit level, 3,389 products are exported to 177 countries and 4,285 products are imported from 228 countries.
Top 5 Products exports imports at HS 6 digit level 2023
The top five exported HS 6 digit level products to world by Saudi Arabia along with trade value are:
- Saudi Arabia exported Petroleum oils and oils obtained from bituminou , worth 175,993,253.25 (US$ Thousands).
- Saudi Arabia exported Petroleum oils, etc, (excl. crude); preparation , worth 60,961,930.35 (US$ Thousands).
- Saudi Arabia exported Propane, liquefied , worth 9,510,956.56 (US$ Thousands).
- Saudi Arabia exported Polypropylene, in primary forms , worth 4,806,300.14 (US$ Thousands).
- Saudi Arabia exported Polyethylene having a specific gravity <0.94, i , worth 4,208,862.80 (US$ Thousands).
The top five imported HS 6 digit level products from world by Saudi Arabia along with trade value are
- Saudi Arabia imported Petroleum oils, etc, (excl. crude); preparation , worth 14,776,736.28 (US$ Thousands).
- Saudi Arabia imported Automobiles with reciprocating piston engine di , worth 10,652,600.81 (US$ Thousands).
- Saudi Arabia imported Transmission apparatus, for radioteleph incorpo , worth 7,826,972.97 (US$ Thousands).
- Saudi Arabia imported Automobiles with reciprocating piston engine di , worth 7,451,727.62 (US$ Thousands).
- Saudi Arabia imported Gold in unwrought forms non-monetary , worth 7,310,447.97 (US$ Thousands).
Saudi Arabia top 5 Export and Import partners 2023
The top five countries to which Saudi Arabia exported 2023 along with the partner share in percentage are:
- Saudi Arabia exports to Unspecified worth US$ 247,386 million, with a partner share of 77.30 percent.
- Saudi Arabia exports to United Arab Emirates worth US$ 13,759 million, with a partner share of 4.30 percent.
- Saudi Arabia exports to China worth US$ 7,611 million, with a partner share of 2.38 percent.
- Saudi Arabia exports to India worth US$ 6,216 million, with a partner share of 1.94 percent.
- Saudi Arabia exports to Turkey worth US$ 3,073 million, with a partner share of 0.96 percent.
The top five countries to which Saudi Arabia imported goods 2023 along with the share in percentage are
- Saudi Arabia imports from China worth US$ 43,347 million, with a partner share of 20.95 percent.
- Saudi Arabia imports from United States worth US$ 18,901 million, with a partner share of 9.13 percent.
- Saudi Arabia imports from United Arab Emirates worth US$ 13,347 million, with a partner share of 6.45 percent.
- Saudi Arabia imports from India worth US$ 11,619 million, with a partner share of 5.61 percent.
- Saudi Arabia imports from Germany worth US$ 9,125 million, with a partner share of 4.41 percent.
Saudi Arabia Exports and Imports of Product Groups 2023
Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.
- Saudi Arabia Raw materials exports are worth US$ 180,230 million, product share of 56.32%.
- Saudi Arabia Raw materials imports are worth US$ 13,156 million, product share of 6.36%.
- Saudi Arabia Intermediate goods exports are worth US$ 44,975 million, product share of 14.05%.
- Saudi Arabia Intermediate goods imports are worth US$ 42,838 million, product share of 20.70%.
- Saudi Arabia Consumer goods exports are worth US$ 81,284 million, product share of 25.40%.
- Saudi Arabia Consumer goods imports are worth US$ 84,969 million, product share of 41.06%.
- Saudi Arabia Capital goods exports are worth US$ 12,248 million, product share of 3.83%.
- Saudi Arabia Capital goods imports are worth US$ 59,216 million, product share of 28.62%.
Saudi Arabia Trade Indicators 2023
- Hirschman Herfindahl Market concentration index is 0.08.
- Index of export market penetration is 0.08.
- World Growth in percentage is 0.08 and Saudi Arabia Country Growth is -9.95.
Saudi Arabia Service Trade data from WDI 2023
- Saudi Arabia, Service imports (BoP, current US$) is 97,914,139,217.19.
- Saudi Arabia, Service exports (BoP, current US$) is 48,510,804,716.40.
- Saudi Arabia, Imports of goods and services as percentage of GDP is 23.93 %.
- Saudi Arabia, Exports of goods and services as percentage of GDP is 30.24 %.