Overview In October 2022, China exported $3.41B and imported $6.85B from Saudi Arabia, resulting in a negative trade balance of $3.44B. Between October 2021 and October 2022 the exports of China have increased by $952M (38.8%) from $2.45B to $3.41B, while imports increased by $1.79B (35.3%) from $5.06B to $6.85B.
Trade In October 2022, the top exports of China to Saudi Arabia were Cars ($262M), Telephones ($143M), Special Purpose Ships ($134M), Light Fixtures ($120M), and Other toys ($109M). In October 2022 the top imports of China from Saudi Arabia were Crude Petroleum ($5.72B), Ethylene Polymers ($296M), Acyclic Alcohols ($273M), Petroleum Gas ($106M), and Cyclic Hydrocarbons ($106M).
Origins In October 2022 the exports of China were mainly from Guangdong Province ($937M), Zhejiang Province ($575M), Jiangsu Province ($313M), Shandong Province ($312M), and Tianjin ($180M), while imports destinations were mainly Beijing ($2.51B), Zhejiang Province ($1.15B), Liaoning Province ($1.01B), Fujian Province ($494M), and Guangxi Zhuang Autonomous Region ($386M).
Growth In October 2022, the increase in China's year-by-year exports to Saudi Arabia was explained primarily by an increase in product exports in Other Furniture ($58.4M or 79.1%), Other toys ($45.7M or 111%), and Telephones ($44.8M or 32.3%). In October 2022, the increase in China's year-by-year imports from Saudi Arabia was explained primarily by an increase in product imports in Ethylene Polymers ($126M or 58.8%), Propylene Polymers ($32.7M or 75.4%), and Sulphur ($12.9M or 256%).