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2022
Flag → Flag
Exports $20BRnk 28 / 211
2022
Flag → Flag
Top Product $2.69BCars
2022
Flag → Flag
Exports $25.7BRnk 1 / 138
2022
Flag → Flag
Top Product $56.1BCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.12Rnk 22 / 133
2022
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Economic Complexity (ECI) ECI 0.78Rnk 35 / 133
2022
Flag  
GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
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GDP GROWTH111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
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GDP GROWTH49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC $12,720CURRENT US$
Rnk 67 / 186
2012-2022
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GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186
2022
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GDP PC$30,436CURRENT US$
Rnk 37 / 186
2012-2022
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GDP PC GROWTH26.5%CURRENT US$
Rnk 71 / 186

About

China-Saudi Arabia Trade: In 2022, China exported $20B to Saudi Arabia. The main products that China exported to Saudi Arabia were Cars ($2.69B), Broadcasting Equipment ($1.67B), and Other toys ($1.1B). Over the past 5 years the exports of China to Saudi Arabia have increased at an annualized rate of 85.8%, from $904M in 2017 to $20B in 2022.

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

Saudi Arabia-China Trade: In 2022, Saudi Arabia exported $25.7B to China. The main products that Saudi Arabia exported to China were Crude Petroleum ($56.1B), Ethylene Polymers ($3.11B), and Acyclic Alcohols ($2.86B). Over the past 5 years the exports of Saudi Arabia to China have increased at an annualized rate of 130%,  from $396M in 2017 to $25.7B in 2022.

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

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). That same year, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Latest Trends

May, 2024

About

Overview In May 2024, China exported $4.1B and imported $5.74B from Saudi Arabia, resulting in a negative trade balance of $1.64B. Between May 2023 and May 2024 the exports of China have increased by $434M (11.8%) from $3.67B to $4.1B, while imports increased by $194M (3.51%) from $5.54B to $5.74B.

Trade In May 2024, the top exports of China to Saudi Arabia were Telephones ($336M), Cars ($202M), Light Fixtures ($141M), Other Furniture ($122M), and Other toys ($117M). In May 2024 the top imports of China from Saudi Arabia were Crude Petroleum ($4.98B), Ethylene Polymers ($206M), Acyclic Alcohols ($171M), Copper Ore ($93.6M), and Cyclic Hydrocarbons ($52.2M).

Origins In May 2024 the exports of China were mainly from Guangdong Province ($919M), Zhejiang Province ($694M), Jiangsu Province ($469M), Shandong Province ($424M), and Shanghai Province ($193M), while imports destinations were mainly Beijing ($1.73B), Zhejiang Province ($1.69B), Fujian Province ($604M), Yunnan Province ($396M), and Guangdong Province ($348M).

Growth In May 2024, the increase in China's year-by-year exports to Saudi Arabia was explained primarily by an increase in product exports in Telephones ($194M or 137%), Hot-Rolled Iron ($92.3M or 618%), and Large Construction Vehicles ($65.1M or 435%). In May 2024, the increase in China's year-by-year imports  from Saudi Arabia was explained primarily by an increase in product imports  in Crude Petroleum ($312M or 6.68%), Copper Ore ($22.5M or 31.6%), and Amino-resins ($16.9M or 2.03k%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (May 2023 - May 2024)$434M(11.8%)
IMPORT GROWTH (May 2023 - May 2024)$194M(3.51%)
MAIN EXPORTER (May 2024)Guangdong Province$919M

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Saudi Arabia and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Saudi Arabia and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $20B to Saudi Arabia. The main products exported from China to Saudi Arabia were Cars ($2.69B), Broadcasting Equipment ($1.67B), and Other toys ($1.1B). During the last 5 years the exports of China to Saudi Arabia have increased at an annualized rate of 85.8%, from $904M in 2017 to $20B in 2022.

In 2017, Saudi Arabia exported $25.7B to China. The main products exported from Saudi Arabia to China were Crude Petroleum ($56.1B), Ethylene Polymers ($3.11B), and Acyclic Alcohols ($2.86B). During the last 22 years the exports of Saudi Arabia to China have increased at an annualized rate of 130%, from $396M in 1995 to $25.7B in 2017.

Exports from China (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to China (Flag) (2022)

Market Competitiveness

Color
China
Top DestinationUnited States$551B
Saudi Arabia
Top DestinationChina$68B

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 2022, countries that imported more from China than Saudi Arabia included United States ($551B), Hong Kong ($276B), and Germany ($152B).

In 2022, countries that imported more from Saudi Arabia than China included Oman ($4.31B).

Difference in imports from Saudi Arabia (Flag) and China (Flag) (2022)

Comparative Advantage China - Saudi Arabia

Flow
Scale

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

During 2022, China had a large net trade with Saudi Arabia in the exports of Machines ($9.35B), Metals ($5.49B), and Miscellaneous ($4.54B).

During 2017, Saudi Arabia had a large net trade with China in the exports of Mineral Products ($57.8B), Chemical Products ($4.99B), and Plastics and Rubbers ($4.67B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Saudi Arabia+$809MTelephones
Top Product Potential Saudi Arabia China+$1.22BPetroleum Gas

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 China and Saudi Arabia. This means that a dot/product with the flag of China indicates it has a comparative advantage over Saudi Arabia. Similarly, a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over China.

Product Space of China (Flag) and Saudi Arabia (Flag) (2022)

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