2023
Flag  
GDP
$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 195
2023
Flag
 GDP
$3.05TCURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP GROWTH
8.37%CURRENT US$
Rnk 159 / 195
2023
Flag
GDP PC 
$32,094CURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 195
2023
Flag
GDP PC
$44,691CURRENT US$
Rnk 30 / 196
2013-2023
Flag
GDP PC GROWTH
4.74%CURRENT US$
Rnk 146 / 195

About

Saudi Arabia-France Trade: In 2023, Saudi Arabia exported $5.8B to France. The main products that Saudi Arabia exported to France were Refined Petroleum ($3.25B), Crude Petroleum ($2.25B), and Spark-Ignition Engines ($72.9M). Over the past 5 years the exports of Saudi Arabia to France have decreased at an annualized rate of 6.05%, from $7.92B in 2018 to $5.8B in 2023.

In 2023, Saudi Arabia did not export any services to France.

France-Saudi Arabia Trade: In 2023, France exported $4.76B to Saudi Arabia. The main products that France exported to Saudi Arabia were N/A. Over the past 5 years the exports of France to Saudi Arabia have increased at an annualized rate of 1.79%,  from $4.36B in 2018 to $4.76B in 2023.

In 2023, France did not export any services to Saudi Arabia.

Comparison: In 2023,  Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B). That same year, France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Saudi Arabia exported $5.8B to France. The main products exported from Saudi Arabia to France were Refined Petroleum ($3.25B), Crude Petroleum ($2.25B), and Spark-Ignition Engines ($72.9M). During the last 5 years the exports of Saudi Arabia to France have decreased at an annualized rate of 6.05%, from $7.92B in 2018 to $5.8B in 2023.

In 2018, France exported $4.76B to Saudi Arabia. There were not main exports from France to Saudi Arabia in 2018. During the last 5 years the exports of France to Saudi Arabia have increased at an annualized rate of 1.79%, from $4.36B in 2023 to $4.76B in 2018.

Exports from Saudi Arabia (Flag) to France (Flag) (2023)

Exports from France (Flag) to Saudi Arabia (Flag) (2023)

Latest Data

Trade between Saudi Arabia (Flag) and France (Flag)

Saudi Arabia Exports

France Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$64.4B
France
Top Destination
Germany$72.8B

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

In 2023, countries that imported more from Saudi Arabia than France included China ($64.4B), India ($34.8B), and Japan ($34.7B).

In 2023, countries that imported more from France than Saudi Arabia included Germany ($72.8B), Italy ($56.3B), and Belgium ($49.2B).

Difference in imports from France (Flag) and Saudi Arabia (Flag) (2023)

Comparative Advantage Saudi Arabia - France

Flow
Scale

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

During 2023, Saudi Arabia had a large net trade with France in the exports of Mineral Products ($5.5B), Machines ($110M), and Transportation ($74.1M).

During 2018, France had a large net trade with Saudi Arabia in the exports of Transportation ($1.63B), Machines ($1.26B), and Chemical Products ($839M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Saudi Arabia France+$1.19BCrude Petroleum
Top Product Potential France Saudi Arabia+$107MPackaged Medicaments

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Saudi Arabia (Flag) and France (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with