Exports from Saudi Arabia surged 58.8% year-on-year to SAR 140.8 billion in July of 2022, boosted by a 68.9% surge in oil sales. Meanwhile, non-oil exports grew by 26.4%, namely products of the chemical and allied industries; plastics; rubber, and articles thereof. China was the biggest export partner, followed by South Korea, India, Japan, the US, and the UAE. source: Central Department of Statistics & Information, Saudi Arabia

Exports in Saudi Arabia averaged 160621 Million SAR from 1968 until 2022, reaching an all time high of 677144 Million SAR in December of 2005 and a record low of 9118 Million SAR in December of 1968. This page provides - Saudi Arabia Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Exports - values, historical data and charts - was last updated on September of 2022.

Exports in Saudi Arabia is expected to be 146750.00 Million SAR by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Exports is projected to trend around 92000.00 Million SAR in 2023 and 93000.00 Million SAR in 2024, according to our econometric models.

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Saudi Arabia Exports

Related Last Previous Unit Reference
Balance of Trade 85665.00 87452.00 Million SAR Jul 2022
Current Account 37411.00 20693.00 USD Million Mar 2022
Imports 55146.00 60914.00 Million SAR Jul 2022
Exports 140811.00 148366.00 Million SAR Jul 2022
Capital Flows 33753.05 22399.21 USD Million Mar 2022
Oil Exports 114156.00 117691.00 Million SAR Jul 2022
Non Oil Exports 21272.00 25191.00 Million SAR Jul 2022
Remittances 40003.00 38876.00 SAR Million Mar 2022
Foreign Direct Investment 1965.00 1933.00 USD Million Mar 2022

Saudi Arabia Exports
Saudi Arabia's economy is highly dependent on oil exports (87 percent of total exports) and the state-owned firm Aramco is the world's largest oil producing and exporting company. Main export partners are: United States (14 percent of total exports), Japan (13 percent), China (12 percent), South Korea (10 percent) and India (8 percent). Others include: United Arab Emirates, Bahrain, Singapore and Twain.
Actual Previous Highest Lowest Dates Unit Frequency
140811.00 148366.00 677144.00 9118.00 1968 - 2022 Million SAR Monthly

United Nations Comtrade Database
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