China (CHN) and Saudi Arabia (SAU) Trade

About

China-Saudi Arabia: In 2019, China exported $26.5B to Saudi Arabia. The main products that China exported to Saudi Arabia are Broadcasting Equipment ($1.63B), Telephones ($1.43B), and Cars ($856M). During the last 24 years the exports of China to Saudi Arabia have increased at an annualized rate of 15.2%, from $880M in 1995 to $26.5B in 2019.

In 2019, China did not exported services to Saudi Arabia.

Saudi Arabia-China: In 2019, Saudi Arabia exported $45.8B to China . The main products that Saudi Arabia exported to China were Crude Petroleum ($35.5B), Ethylene Polymers ($2.37B), and Acyclic Alcohols ($1.81B). During the last 24 years the exports of Saudi Arabia to China have increased at an annualized rate of 22%, from $390M in 1995 to $45.8B in 2019.

In 2019, Saudi Arabia did not exported services to China.

Comparison: In 2019, China ranked 29 in the Economic Complexity Index (ECI 1.06), and 1 in total exports ($2.57T). That same year, Saudi Arabia ranked 33 in the Economic Complexity Index (ECI 1), and 26 in total exports ($228B).

Product Trade

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Bilateral Trade by Products

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Depth

Value

Year

In 2019, China exported $26.5B to Saudi Arabia. The main products exported from China to Saudi Arabia were Broadcasting Equipment ($1.63B), Telephones ($1.43B), and Cars ($856M). During the last 24 years the exports of China to Saudi Arabia have increased at an annualized rate of 15.2%, from $880M in 1995 to $26.5B in 2019.

In 2019, Saudi Arabia exported $45.8B to China. The main products exported from Saudi Arabia to China were Crude Petroleum ($35.5B), Ethylene Polymers ($2.37B), and Acyclic Alcohols ($1.81B). During the last 24 years the exports of Saudi Arabia to China have increased at an annualized rate of 22%, from $390M in 1995 to $45.8B in 2019.

Latest Data

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Date

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Date

Market Competitiveness

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Measure

SectionYear

China
Top Destination: United States, $429B

Saudi Arabia
Top Destination: China, $45.8B

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

In 2019, countries that imported more from China than Saudi Arabia were United States ($429B), Hong Kong ($268B), and Japan ($152B).

In 2019, countries that imported more from Saudi Arabia than China were Anguilla ($439k) and Saint Helena ($76k).

Comparative Advantage China - Saudi Arabia

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Depth

Year

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

During 2019, China had a large net trade with Saudi Arabia in the exports of Machines ($8.09B), Textiles ($3.63B), and Miscellaneous ($3.14B).

During 2019, Saudi Arabia had a large net trade with China in the exports of Mineral Products ($36.8B), Chemical Products ($5.06B), and Plastics and Rubbers ($3.71B).

Tariff Section

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Tariffs

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This section shows import tariffs for products traded between China and Saudi Arabia (using the HS6 product classification and the last year reported).

In 2018, the products from China that paid the highest import tariffs to enter Saudi Arabia were Vermouth and other flavoured grape wines - pack < 2l (65%) and Vermouth and other flavoured grape wines - pack > 2l (65%).

In 2017, the products from Saudi Arabia that paid the highest import tariffs to enter China were Tobacco refuse (1.37k%) and Homogenized or reconstituted tobacco (585%).

Explore Tariff Data

*The tariffs present between China and Saudi Arabia are:
125: General duty rate
136: Most Favoured Nation duty rate treatement

Economic Complexity

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Competitive Landscape

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Year

This visualization show the product space at the HS4 level colored from blue to red. This mean that the more blue a dot/product is, the more China has comparative advantage over Saudi Arabia. Similarly, the more red a dot/product is, the more Saudi Arabia has comparative advantage over China.

About

Product Trade

Bilateral Trade by Products

Latest Data

Market Competitiveness

Comparative Advantage China - Saudi Arabia

Tariff Section

Tariffs

Economic Complexity

Competitive Landscape

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