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Pricing

2022
Flag → Flag
Exports $3.19BRnk 26 / 138
2022
Flag → Flag
Top Product $2.47BRefined Petroleum
2022
Flag → Flag
Exports $4.4BRnk 24 / 224
2022
Flag → Flag
Top Product $829MGas Turbines
2022
Flag
Economic Complexity (ECI) ECI 0.78Rnk 35 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC $30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH26.5%CURRENT US$
Rnk 71 / 186
2022
Flag
GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Saudi Arabia-United Kingdom Trade: In 2022, Saudi Arabia exported $3.19B to United Kingdom. The main products that Saudi Arabia exported to United Kingdom were Refined Petroleum ($2.47B), Ethylene Polymers ($215M), and Crude Petroleum ($99.9M). Over the past 5 years the exports of Saudi Arabia to United Kingdom have increased at an annualized rate of 11.5%, from $1.85B in 2017 to $3.19B in 2022.

In 2022, Saudi Arabia did not export any services to United Kingdom.

United Kingdom-Saudi Arabia Trade: In 2022, United Kingdom exported $4.4B to Saudi Arabia. The main products that United Kingdom exported to Saudi Arabia were Gas Turbines ($829M), Cars ($323M), and Packaged Medicaments ($304M). Over the past 5 years the exports of United Kingdom to Saudi Arabia have decreased at an annualized rate of 2.48%,  from $4.99B in 2017 to $4.4B in 2022.

In 2022, United Kingdom did not export any services to Saudi Arabia.

Comparison: In 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). That same year, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Saudi Arabia exported $3.19B to United Kingdom. The main products exported from Saudi Arabia to United Kingdom were Refined Petroleum ($2.47B), Ethylene Polymers ($215M), and Crude Petroleum ($99.9M). During the last 5 years the exports of Saudi Arabia to United Kingdom have increased at an annualized rate of 11.5%, from $1.85B in 2017 to $3.19B in 2022.

In 2017, United Kingdom exported $4.4B to Saudi Arabia. The main products exported from United Kingdom to Saudi Arabia were Gas Turbines ($829M), Cars ($323M), and Packaged Medicaments ($304M). During the last 5 years the exports of United Kingdom to Saudi Arabia have decreased at an annualized rate of 2.48%, from $4.99B in 2022 to $4.4B in 2017.

Exports from Saudi Arabia (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Saudi Arabia (Flag) (2022)

Latest Data

Trade between Saudi Arabia (Flag) and United Kingdom (Flag)

Saudi Arabia Exports

United Kingdom Exports

Market Competitiveness

Color
Saudi Arabia
Top DestinationChina$68B
United Kingdom
Top DestinationUnited States$61.8B

This map shows whether countries import more from Saudi Arabia or United Kingdom. Each country is colored based on the difference in imports they receive from Saudi Arabia and United Kingdom or the difference in the growth in imports.

In 2022, countries that imported more from Saudi Arabia than United Kingdom included India ($46.2B), China ($68B), and South Korea ($36B).

In 2022, countries that imported more from United Kingdom than Saudi Arabia included Germany ($40.6B), United States ($61.8B), and Netherlands ($41.9B).

Difference in imports from United Kingdom (Flag) and Saudi Arabia (Flag) (2022)

Comparative Advantage Saudi Arabia - United Kingdom

Flow
Scale

This chart compares trade between Saudi Arabia and United Kingdom by product, considering products traded by both, Saudi Arabia and United Kingdom.

During 2022, Saudi Arabia had a large net trade with United Kingdom in the exports of Mineral Products ($2.58B), Plastics and Rubbers ($285M), and Chemical Products ($119M).

During 2017, United Kingdom had a large net trade with Saudi Arabia in the exports of Machines ($1.69B), Chemical Products ($717M), and Transportation ($488M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Saudi Arabia United Kingdom+$294MCrude Petroleum
Top Product Potential United Kingdom Saudi Arabia+$206MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Saudi Arabia and United Kingdom. This means that a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over United Kingdom. Similarly, a dot/product with the flag of United Kingdom indicates it has a comparative advantage over Saudi Arabia.

Product Space of Saudi Arabia (Flag) and United Kingdom (Flag) (2022)

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