Saudi Arabia Balance Of TradeSaudi Arabia Balance Of TradeSaudi Arabia Balance Of Trade

Saudi Arabia Balance Of Trade

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Key data points


Last release
Observation period
Oct 2024
Next release
Forecast
Highest
‪454.16 B‬SAR on Dec 31, 2005
Lowest
‪−3.65 B‬SAR on Apr 30, 2020

About Saudi Arabia Balance Of Trade


Category
Trade
Frequency
Monthly
Units
SAR
Saudi Arabia has been recording trade surpluses since 1968 due to shipments of oil (87 percent of total exports). Main imports are: machinery, mechanical appliances and electrical equipment; transport equipment and parts thereof and base metals. Main trading partners are: United States (14 percent of total exports and 12.6 percent of imports), China (12 percent of exports and 13 percent of imports) and Japan (13 percent of exports and 6 percent of imports). Others include: South Korea, United Arab Emirates, India and Germany.