2022
Flag  
GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
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GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
 GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC 
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186
2022
Flag
GDP PC
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186

About

Saudi Arabia-United States Trade: In 2022, Saudi Arabia exported $23.9B to United States. The main products that Saudi Arabia exported to United States were Crude Petroleum ($16.6B), Refined Petroleum ($4.7B), and Mixed Mineral or Chemical Fertilizers ($476M). Over the past 5 years the exports of Saudi Arabia to United States have increased at an annualized rate of 3.67%, from $19.9B in 2017 to $23.9B in 2022.

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

United States-Saudi Arabia Trade: In 2022, United States exported $11B to Saudi Arabia. The main products that United States exported to Saudi Arabia were Cars ($1.72B), Planes, Helicopters, and/or Spacecraft ($664M), and Refined Petroleum ($325M). Over the past 5 years the exports of United States to Saudi Arabia have decreased at an annualized rate of 4.22%,  from $13.7B in 2017 to $11B in 2022.

In 2017, United States exported services to Saudi Arabia worth $9.07B, with Travel ($2.59B), Government services, n.i.e. ($1.89B), and Financial services ($1.82B) being the largest in terms of value.

Comparison: In 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Saudi Arabia exported $23.9B to United States. The main products exported from Saudi Arabia to United States were Crude Petroleum ($16.6B), Refined Petroleum ($4.7B), and Mixed Mineral or Chemical Fertilizers ($476M). During the last 5 years the exports of Saudi Arabia to United States have increased at an annualized rate of 3.67%, from $19.9B in 2017 to $23.9B in 2022.

In 2017, United States exported $11B to Saudi Arabia. The main products exported from United States to Saudi Arabia were Cars ($1.72B), Planes, Helicopters, and/or Spacecraft ($664M), and Refined Petroleum ($325M). During the last 5 years the exports of United States to Saudi Arabia have decreased at an annualized rate of 4.22%, from $13.7B in 2022 to $11B in 2017.

Exports from Saudi Arabia (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Saudi Arabia (Flag) (2022)

Latest Data

Trade between Saudi Arabia (Flag) and United States (Flag)

Saudi Arabia Exports

United States Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$68B
United States
Top Destination
Canada$308B

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

In 2022, countries that imported more from Saudi Arabia than United States included Oman ($4.31B), Jordan ($3.79B), and Pakistan ($4.5B).

In 2022, countries that imported more from United States than Saudi Arabia included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Saudi Arabia (Flag) (2022)

Comparative Advantage Saudi Arabia - United States

Flow
Scale

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

During 2022, Saudi Arabia had a large net trade with United States in the exports of Mineral Products ($21.4B), Chemical Products ($1.5B), and Metals ($525M).

During 2017, United States had a large net trade with Saudi Arabia in the exports of Transportation ($2.98B), Machines ($2.55B), and Chemical Products ($1.28B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Saudi Arabia United States+$2.77BCrude Petroleum
Top Product Potential United States Saudi Arabia+$233MRefined Petroleum

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 United States. This means that a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over United States. Similarly, a dot/product with the flag of United States indicates it has a comparative advantage over Saudi Arabia.

Product Space of Saudi Arabia (Flag) and United States (Flag) (2022)

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