Saudi Arabia (SAU) and China (CHN) Trade | The Observatory of Economic Complexity

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Saudi Arabia-China Trade: In 2022, Saudi Arabia exported $68B 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 21.5%, from $25.7B in 2017 to $68B in 2022.

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

China-Saudi Arabia Trade: In 2022, China exported $36.5B 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 12.8%, from $20B in 2017 to $36.5B in 2022.

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

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

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Saudi Arabia exported $68B 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 5 years the exports of Saudi Arabia to China have increased at an annualized rate of 21.5%, from $25.7B in 2017 to $68B in 2022.

In 2017, China exported $36.5B 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 12.8%, from $20B in 2022 to $36.5B in 2017.

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

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

Latest Data

Trade between Saudi Arabia () and China ()

Saudi Arabia Exports

Date

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saudi Arabia
Top DestinationChina$68B

China
Top DestinationUnited States$551B

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

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

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

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

Comparative Advantage Saudi Arabia - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, 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).

During 2017, China had a large net trade with Saudi Arabia in the exports of Machines ($9.35B), Metals ($5.49B), and Miscellaneous ($4.54B).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Saudi Arabia China+$1.22BPetroleum Gas

Top Product Potential China Saudi Arabia+N/AN/A

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

Year

This visualization shows the product space at the HS4 level with the flags of Saudi Arabia and China. This means that a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over China. Similarly, a dot/product with the flag of China indicates it has a comparative advantage over Saudi Arabia.

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Saudi Arabia () and China ()

Saudi Arabia Exports

China Exports

Market Competitiveness

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

Comparative Advantage Saudi Arabia - China

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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