Saudi Arabia / Italy

Saudi Arabia-Italy Trade: In 2022, Saudi Arabia exported $3.71B to Italy. The main products that Saudi Arabia exported to Italy were Refined Petroleum ($3.39B), Crude Petroleum ($2.68B), and Propylene Polymers ($176M). Over the past 5 years the exports of Saudi Arabia to Italy have increased at an annualized rate of 20.9%, from $1.44B in 2017 to $3.71B in 2022.

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

Italy-Saudi Arabia Trade: In 2022, Italy exported $4.54B to Saudi Arabia. The main products that Italy exported to Saudi Arabia were Valves ($260M), Other Furniture ($99.9M), and Baked Goods ($95.6M). Over the past 5 years the exports of Italy to Saudi Arabia have increased at an annualized rate of 22.1%,  from $1.67B in 2017 to $4.54B in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).