[1] Primary trade source
OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.
Country intelligence · SAU · 2024
Saudi Arabia trade profile
In 2024, Saudi Arabia recorded $292.0B in merchandise exports and $214.8B in imports, producing a $77.1B trade surplus. Exports changed -9.2% from the previous year, while imports changed +7.8%.[1]
Exports
$292.0B
-9.2%
Imports
$214.8B
+7.8%
Trade balance
$77.1B
surplus
Active partners
270
16 FTA-linked
Historical evidence
Ten-year trade movement
The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports
Exact annual values
Leading export sectors
HS2 chapters rank broad product groups by observed export value in 2024.
1$220.5B
HS 27 · Mineral fuels and oils
43 active HS6 lines · 115 export partners
2$19.0B
HS 39 · HS chapter
129 active HS6 lines · 168 export partners
3$11.4B
HS 29 · Organic chemicals
355 active HS6 lines · 135 export partners
4$5.1B
HS 89 · HS chapter
18 active HS6 lines · 37 export partners
5$4.9B
HS 31 · HS chapter
24 active HS6 lines · 72 export partners
6$3.4B
HS 85 · Electrical machinery
262 active HS6 lines · 152 export partners
7$2.5B
HS 71 · Precious metals and stones
48 active HS6 lines · 81 export partners
8$2.3B
HS 76 · HS chapter
35 active HS6 lines · 111 export partners
Leading export markets
Destinations rank bilateral export flows from Saudi Arabia; growth describes each corridor rather than the whole economy.
1$54.0B
China
Annual change -5.2% · 3-year CAGR -0.2%
2$29.6B
South Korea
Annual change -0.6% · 3-year CAGR 7.4%
3$28.4B
India
Annual change -5.4% · 3-year CAGR 1.5%
4$28.1B
Japan
Annual change -10.3% · 3-year CAGR 1.6%
5$12.8B
United Arab Emirates
Annual change -25.5% · 3-year CAGR 5.9%
6$12.7B
United States
Annual change -20.4% · 3-year CAGR -3.1%
7$8.3B
Poland
Annual change +16.5% · 3-year CAGR 49.7%
8$7.7B
Taiwan
Annual change -3.5% · 3-year CAGR 0.4%
Sources, definitions and limitations
Calculation notes
USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.