Flag Saudi Arabia / China Flag

2019
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Exports
: $45.8B, Rnk 1 / 179

2019
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Top Product
: $35.5B, Crude Petroleum

2019
FlagFlag
Exports
: $26.5B, Rnk 26 / 209

2019
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Top Product
: $1.63B, Broadcasting Equipment

2019
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Economic Complexity (ECI)
: ECI 0.94, Rnk 33 / 146

2019
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Economic Complexity (ECI)
: ECI 1.01, Rnk 29 / 146

2019
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GDP
: $793B, CURRENT US$
Rnk 18 / 187

2009-2019
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GDP GROWTH
: 84.8%, CURRENT US$
Rnk 40 / 187

2019
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 GDP
: $14.3T, CURRENT US$
Rnk 2 / 187

2009-2019
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GDP GROWTH
: 181%, CURRENT US$
Rnk 6 / 187

2019
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GDP PC 
: $23,140, CURRENT US$
Rnk 43 / 187

2009-2019
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GDP PC GROWTH
: 43.6%, CURRENT US$
Rnk 68 / 187

2019
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GDP PC
: $10,262, CURRENT US$
Rnk 71 / 187

2009-2019
Flag
GDP PC GROWTH
: 168%, CURRENT US$
Rnk 2 / 187

Saudi Arabia-China In 2019, Saudi Arabia exported $45.8B to China. The main products that Saudi Arabia exported to China are Crude Petroleum ($35.5B), Ethylene Polymers ($2.37B), and Acyclic Alcohols ($1.81B). During the last 24 years the exports of Saudi Arabia to China have increased at an annualized rate of 22%, from $390M in 1995 to $45.8B in 2019.

In 2019, Saudi Arabia did not export any services to China.

China-Saudi Arabia In 2019, China exported $26.5B to Saudi Arabia . The main products that China exported to Saudi Arabia were Broadcasting Equipment ($1.63B), Telephones ($1.43B), and Cars ($856M). During the last 24 years the exports of China to Saudi Arabia have increased at an annualized rate of 15.2%, from $880M in 1995 to $26.5B in 2019.

In 2019, China did not export any services to Saudi Arabia.

Comparison In 2019,  Saudi Arabia ranked 33 in the Economic Complexity Index (ECI 0.94), and 26 in total exports ($228B). That same year, China ranked 29 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($2.57T).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Saudi Arabia exported $45.8B to China. The main products exported from Saudi Arabia to China were Crude Petroleum ($35.5B), Ethylene Polymers ($2.37B), and Acyclic Alcohols ($1.81B). During the last 24 years the exports of Saudi Arabia to China have increased at an annualized rate of 22%, from $390M in 1995 to $45.8B in 2019.

In 2019, China exported $26.5B to Saudi Arabia. The main products exported from China to Saudi Arabia were Broadcasting Equipment ($1.63B), Telephones ($1.43B), and Cars ($856M). During the last 24 years the exports of China to Saudi Arabia have increased at an annualized rate of 15.2%, from $880M in 1995 to $26.5B in 2019.

Saudi Arabia Exports

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Market Competitiveness

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Measure

Saudi Arabia
Top Destination
: China, $45.8B

China
Top Destination
: United States, $429B

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 2019, countries that imported more from Saudi Arabia than China were Anguilla ($439k) and Saint Helena ($76k).

In 2019, countries that imported more from China than Saudi Arabia were United States ($429B), Hong Kong ($268B), and Japan ($152B).

Comparative Advantage Saudi Arabia - China

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Depth

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

During 2019, Saudi Arabia had a large net trade with China in the exports of Mineral Products ($36.8B), Chemical Products ($5.06B), and Plastics and Rubbers ($3.71B).

During 2019, China had a large net trade with Saudi Arabia in the exports of Machines ($8.09B), Textiles ($3.63B), and Miscellaneous ($3.14B).

Tariff Section

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This section shows import tariffs for products traded between Saudi Arabia and China (using the HS6 product classification and the last year reported).

In 2017, the products from Saudi Arabia that paid the highest import tariffs to enter China were Tobacco refuse (1.37k%) and Homogenized or reconstituted tobacco (585%).

In 2018, the products from China that paid the highest import tariffs to enter Saudi Arabia were Vermouth and other flavoured grape wines - pack < 2l (65%) and Vermouth and other flavoured grape wines - pack > 2l (65%).

*The tariffs present between Saudi Arabia and China are:
136: Most Favoured Nation duty rate treatement

Economic Complexity

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Competitive Landscape

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