2022
Flag  
GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
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GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC 
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $4.4B in 2022.

In 2017, 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 2022 to $3.19B in 2017.

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

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

Market Competitiveness

Color
United Kingdom
Top Destination
United States$61.8B
Saudi Arabia
Top Destination
China$68B

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

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

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

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

Comparative Advantage United Kingdom - Saudi Arabia

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Saudi Arabia in the exports of Machines ($1.69B), Chemical Products ($717M), and Transportation ($488M).

During 2017, 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).

Potential Exports

Potential Exports

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

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 United Kingdom and Saudi Arabia. This means that a dot/product with the flag of United Kingdom 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 United Kingdom.

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

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