Flag Saudi Arabia / Japan Flag

Exports Flag β†’ Flag  (2018): $29.4B, Rnk 2 / 180

Top Product Flag β†’ Flag (2018): $27.5B, Crude Petroleum

Exports Flag β†’ Flag (2018): $4.45B, Rnk 24 / 207

Top Product Flag β†’ Flag (2018): $2.03B, Cars

Economic Complexity of Flag (2018): ECI 0.93, Rnk 27 / 137

Economic Complexity of Flag (2018): ECI 2.17, Rnk 1 / 137

GDP Flag (2018): $787B, CURRENT US$
Rnk 18 / 196

GDP GROWTH Flag (2008-2018): 51.3%, CURRENT US$
Rnk 79 / 196

GDP Flag (2018): $4.97T, CURRENT US$
Rnk 3 / 196

GDP GROWTH Flag (2008-2018): -1.32%, CURRENT US$
Rnk 169 / 196

GDP PC Flag (2018): $23,339, CURRENT US$
Rnk 42 / 196

GDP PC GROWTH Flag (2008-2018): 16.2%, CURRENT US$
Rnk 110 / 196

GDP PC Flag (2018): $39,290, CURRENT US$
Rnk 27 / 196

GDP PC GROWTH Flag (2008-2018): -0.13%, CURRENT US$
Rnk 146 / 196

Saudi Arabia-Japan: In 2018, Saudi Arabia exported $29.4B to Japan. The main products exported from Saudi Arabia to Japan were Crude Petroleum ($27.5B), Refined Petroleum ($745M), and Acyclic Alcohols ($420M). During the last 23 years the exports of Saudi Arabia to Japan have increased at an annualized rate of 5.5%, from $8.56B in 1995 to $29.4B in 2018.

Japan-Saudi Arabia: In 2018, Japan exported $4.45B to Saudi Arabia. The main products exported from Japan to Saudi Arabia were Cars ($2.03B), Delivery Trucks ($275M), and Hot-Rolled Iron ($178M). During the last 23 years the exports of Japan to Saudi Arabia have increased at an annualized rate of 2%, from $2.82B in 1995 to $4.45B in 2018.

Comparison: In 2018, Saudi Arabia ranked 27 in the Economic Complexity Index (ECI 0.93), and 21 in total exports ($263B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.17), and 4 in total exports ($713B). In terms of GDP Per Capita, Saudi Arabia was ranked 42 with a GDP Per Capita of $23,339, and Japan was ranked 27 with a GDP Per Capita of $39,290.

Bilateral Trade by Products

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Depth
Value

In 2018, Saudi Arabia exported $29.4B to Japan. The main products exported from Saudi Arabia to Japan were Crude Petroleum ($27.5B), Refined Petroleum ($745M), and Acyclic Alcohols ($420M). During the last 23 years the exports of Saudi Arabia to Japan have increased at an annualized rate of 5.5%, from $8.56B in 1995 to $29.4B in 2018.

In 2018, Japan exported $4.45B to Saudi Arabia. The main products exported from Japan to Saudi Arabia were Cars ($2.03B), Delivery Trucks ($275M), and Hot-Rolled Iron ($178M). During the last 23 years the exports of Japan to Saudi Arabia have increased at an annualized rate of 2%, from $2.82B in 1995 to $4.45B in 2018.

Market Competitiveness

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Measure

Saudi Arabia
Top Destination
: China, $37.5B

Japan
Top Destination
: China, $139B

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

In 2018, countries that imported more from Saudi Arabia than Japan were India ($26.3B), Bahrain ($6.72B), and Jordan ($3.73B).

In 2018, countries that imported more from Japan than Saudi Arabia were United States ($135B), China ($139B), and Chinese Taipei ($41.1B).

Comparative Advantage Saudi Arabia - Japan

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Depth

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

During 2018, Saudi Arabia had a large net trade with Japan in the exports of Mineral Products ($28.3B), Chemical Products ($528M), and Metals ($362M).

During 2018, Japan had a large net trade with Saudi Arabia in the exports of Transportation ($2.54B), Machines ($642M), and Metals ($512M).

Tariff Section

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This sections shows import tariffs for products traded between Saudi Arabia and Japan (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 Japan were Tobacco refuse (1.37k%) and Homogenized or reconstituted tobacco (585%).

In 2018, the products from Japan that paid the highest import tariffs to enter Saudi Arabia were Glucose including syrup of 20%-50% dry weight fructos (43.3%) and Fructose, syrup > 50% fructose, not pure fructose (43.3%).

Explore Tariff Data

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

Trade Forecasts

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This section shows a forecast for total trade between Saudi Arabia and Japan. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

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 Japan. Similarly, the more red a dot/product is, the more Japan has comparative advantage over Saudi Arabia.