2023
Flag  
GDP
$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
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GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 195
2023
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 GDP
$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
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GDP GROWTH
-19.3%CURRENT US$
Rnk 190 / 195
2023
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GDP PC 
$32,094CURRENT US$
Rnk 44 / 195
2013-2023
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GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 195
2023
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GDP PC
$33,767CURRENT US$
Rnk 38 / 196
2013-2023
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GDP PC GROWTH
-17.4%CURRENT US$
Rnk 176 / 195

About

Saudi Arabia-Japan Trade: In 2023, Saudi Arabia exported $34.7B to Japan. The main products that Saudi Arabia exported to Japan were Crude Petroleum ($33.2B), Refined Petroleum ($738M), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($248M). Over the past 5 years the exports of Saudi Arabia to Japan have increased at an annualized rate of 0.55%, from $33.7B in 2018 to $34.7B in 2023.

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

Japan-Saudi Arabia Trade: In 2023, Japan exported $7.59B to Saudi Arabia. The main products that Japan exported to Saudi Arabia were Cars ($4.3B), Delivery Trucks ($563M), and Motor vehicles; parts and accessories (8701 to 8705) ($183M). Over the past 5 years the exports of Japan to Saudi Arabia have increased at an annualized rate of 7.92%,  from $5.18B in 2018 to $7.59B in 2023.

In 2023, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Saudi Arabia exported $34.7B to Japan. The main products exported from Saudi Arabia to Japan were Crude Petroleum ($33.2B), Refined Petroleum ($738M), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($248M). During the last 5 years the exports of Saudi Arabia to Japan have increased at an annualized rate of 0.55%, from $33.7B in 2018 to $34.7B in 2023.

In 2018, Japan exported $7.59B to Saudi Arabia. The main products exported from Japan to Saudi Arabia were Cars ($4.3B), Delivery Trucks ($563M), and Motor vehicles; parts and accessories (8701 to 8705) ($183M). During the last 5 years the exports of Japan to Saudi Arabia have increased at an annualized rate of 7.92%, from $5.18B in 2023 to $7.59B in 2018.

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

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

Latest Data

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

Saudi Arabia Exports

Japan Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$64.4B
Japan
Top Destination
United States$143B

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 2023, countries that imported more from Saudi Arabia than Japan included India ($34.8B), Egypt ($5.43B), and Oman ($4.99B).

In 2023, countries that imported more from Japan than Saudi Arabia included United States ($143B), China ($138B), and South Korea ($42.7B).

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

Comparative Advantage Saudi Arabia - Japan

Flow
Scale

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

During 2023, Saudi Arabia had a large net trade with Japan in the exports of Mineral Products ($34B), Metals ($308M), and Chemical Products ($288M).

During 2018, Japan had a large net trade with Saudi Arabia in the exports of Transportation ($5.22B), Machines ($1.01B), and Metals ($456M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Saudi Arabia Japan+$769MRefined Petroleum
Top Product Potential Japan Saudi Arabia+$99.2MMotor vehicles; parts and accessories (8701 to 8705)

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

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

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

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