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Pricing

2021
Flag → Flag
Exports $2.21BRnk 66 / 0
2021
Flag → Flag
Exports $299MRnk 26 / 0
2022
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Economic Complexity (ECI) ECI 0.42Rnk 45 / 124
2022
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Economic Complexity (ECI) ECI 0.78Rnk 34 / 124
2022
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GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
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 GDP$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
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GDP GROWTH49.4%CURRENT US$
Rnk 62 / 186
2022
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GDP PC $15,345CURRENT US$
Rnk 63 / 186
2012-2022
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GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 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

Russia-Saudi Arabia In 2021, Russia exported $2.21B to Saudi Arabia. The main products that Russia exported to Saudi Arabia are N/A. During the last 26 years the exports of Russia to Saudi Arabia have increased at an annualized rate of 9.8%, from $195M in 1995 to $2.21B in 2021.

In 2020, Russia exported services to Saudi Arabia worth $16.6M, with Other business services ($8.07M), Transportation ($3.43M), and Construction services ($1.84M) being the largest in terms of value.

Saudi Arabia-Russia In 2021, Saudi Arabia exported $299M to Russia. The main products that Saudi Arabia exported to Russia were N/A. During the last 26 years the exports of Saudi Arabia to Russia have increased at an annualized rate of 29.4%, from $370k in 1995 to $299M in 2021.

In 2021, Saudi Arabia did not export any services to Russia.

Comparison In 2022,  Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B). That same year, Saudi Arabia ranked 34 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $191M and imported $27.9M from Saudi Arabia, resulting in a positive trade balance of $163M. Between January 2021 and January 2022 the exports of Russia have increased by $142M (292%) from $48.7M to $191M, while imports increased by $12.7M (83.3%) from $15.2M to $27.9M.

Trade In January 2022, the top exports of Russia to Saudi Arabia were Refined Petroleum ($24.7M), Seed Oils ($9.55M), Chocolate ($2.76M), Poultry Meat ($2.5M), and Kraft Paper ($1.57M). In January 2022 the top imports of Russia from Saudi Arabia were Amino-resins ($4.38M), Scrap Copper ($2.74M), Acyclic Alcohols ($2.38M), Ethylene Polymers ($2.13M), and Other Nitrogen Compounds ($1.42M).

Origins In January 2022 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($71.8M), LENINGRAD REGION ($71.2M), SVERDLOVSK REGION ($15.9M), MOSCOW REGION ($9.02M), and NOVOSIBIRSK REGION ($7.06M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($7.15M), VLADIMIR REGION ($6.05M), MOSCOW REGION ($5.78M), KALININGRAD REGION ($3.47M), and ST. PETERSBURG ($2.49M).

Growth In January 2022, the increase in Russia's year-by-year exports to Saudi Arabia was explained primarily by an increase in product exports in Seed Oils ($6.23M or 188%), Kraft Paper ($584k or 59%), and Poultry Meat ($579k or 30.1%). In January 2022, the increase in Russia's year-by-year imports  from Saudi Arabia was explained primarily by an increase in product imports  in Amino-resins ($1.31M or 42.5%), Acyclic Alcohols ($1.08M or 82.6%), and Scrap Copper ($580k or 26.9%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2021 - January 2022)$142M(292%)
IMPORT GROWTH (January 2021 - January 2022)$12.7M(83.3%)
MAIN EXPORTER (January 2022)MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION$71.8M

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Russia exported $2.21B to Saudi Arabia. There were not main exports from Russia to Saudi Arabia in 2021. During the last 26 years the exports of Russia to Saudi Arabia have increased at an annualized rate of 9.8%, from $195M in 1995 to $2.21B in 2021.

In 2021, Saudi Arabia exported $299M to Russia. There were not main exports from Saudi Arabia to Russia in 2021. During the last 26 years the exports of Saudi Arabia to Russia have increased at an annualized rate of 29.4%, from $370k in 1995 to $299M in 2021.

Exports from Russia (Flag) to Saudi Arabia (Flag) (2021)

Exports from Saudi Arabia (Flag) to Russia (Flag) (2021)

Market Competitiveness

Color
Russia
Top DestinationChina$101B
Saudi Arabia
Top DestinationChina$68B

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

In 2021, countries that imported more from Russia than Saudi Arabia were China ($101B), Germany ($27.7B), and Turkey ($25.3B).

In 2021, countries that imported more from Saudi Arabia than Russia were Japan ($36.5B), South Korea ($36B), and United States ($23.9B).

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

Comparative Advantage Russia - Saudi Arabia

Flow
Scale

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

During 2021, Russia had a large net trade with Saudi Arabia in the exports of .

During 2021, Saudi Arabia had a large net trade with Russia in the exports of .

Service Trade

Bilateral Service Trade

In 2020, Russia exported services to Saudi Arabia worth $16.6M, with Other business services ($8.07M), Transportation ($3.43M), and Construction services ($1.84M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Saudi Arabia (Flag) (2020)

Economic Complexity

Competitive Landscape

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

Product Space of Russia (Flag) and Saudi Arabia (Flag) (2021)

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