United States (USA) and Saudi Arabia (SAU) Trade

2022

→

Exports $13.7BRnk 33 / 219

2022

→

About

United States-Saudi Arabia Trade: In 2022, United States exported $13.7B 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 increased at an annualized rate of 17.7%, from $6.04B in 2017 to $13.7B 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.

Saudi Arabia-United States Trade: In 2022, Saudi Arabia exported $19.9B 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 17.6%, from $8.86B in 2017 to $19.9B in 2022.

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

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

Company data: In 2023, leading companies such as REI (Recreational Equipment Incorporated) (35), Continental Materials (15), and Soho Studio (14) were at the forefront of exporting goods from Saudi Arabia to the United States. Conversely, Other (68), Textiles Opico Sa De Cv (35), and Unknown (12) were notable for importing products to Saudi Arabia from the United States.

Latest Trends

April, 2024

About

Overview In April 2024, United States exported $1.23B and imported $1.46B from Saudi Arabia, resulting in a negative trade balance of $224M. Between April 2023 and April 2024 the exports of United States have increased by $222M (22%) from $1.01B to $1.23B, while imports increased by $72.2M (5.22%) from $1.38B to $1.46B.

Trade In April 2024, the top exports of United States to Saudi Arabia were Planes, Helicopters, and/or Spacecraft ($282M), Cars ($95.7M), Gas Turbines ($46.1M), Commodities not elsewhere specified ($25.7M), and Corn ($24.4M). In April 2024 the top imports of United States from Saudi Arabia were Crude Petroleum ($1.19B), Refined Petroleum ($162M), Mixed Mineral or Chemical Fertilizers ($35.1M), Commodities not elsewhere specified ($22.2M), and Cyclic Hydrocarbons ($16.4M).

Origins In April 2024 the exports of United States were mainly from North Carolina ($218M), Texas ($203M), California ($73.8M), New York ($72.5M), and Indiana ($65.2M), while imports destinations were mainly Texas ($780M), New Jersey ($274M), California ($156M), Louisiana ($85M), and Pennsylvania ($51.8M).

Growth In April 2024, the increase in United States's year-by-year exports to Saudi Arabia was explained primarily by an increase in product exports in Cars ($29.6M or 44.8%), Gas Turbines ($29.6M or 179%), and Excavation Machinery ($11.3M or 313%). In April 2024, the increase in United States's year-by-year imports from Saudi Arabia was explained primarily by an increase in product imports in Crude Petroleum ($72.9M or 6.54%), Mixed Mineral or Chemical Fertilizers ($8.12M or 30.1%), and Synthetic Filament Yarn Woven Fabric ($5.51M or 132%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (April 2023 - April 2024)$222M(22%)

IMPORT GROWTH (April 2023 - April 2024)$72.2M(5.22%)

MAIN EXPORTER (April 2024)North Carolina$218M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Saudi Arabia and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Saudi Arabia and United States Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, United States exported $13.7B 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 increased at an annualized rate of 17.7%, from $6.04B in 2017 to $13.7B in 2022.

In 2017, Saudi Arabia exported $19.9B 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 22 years the exports of Saudi Arabia to United States have increased at an annualized rate of 17.6%, from $8.86B in 1995 to $19.9B in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United States
Top DestinationCanada$308B

Saudi Arabia
Top DestinationChina$68B

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

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

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

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

Comparative Advantage United States - Saudi Arabia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, 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).

During 2017, 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).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential United States Saudi Arabia+$233MRefined Petroleum

Top Product Potential Saudi Arabia United States+$2.77BCrude 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.

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Year

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

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

Keep Exploring

United States
Qatar
United States
Singapore
Saint Vincent and the Grenadines
Saudi Arabia
British Virgin Islands
Saudi Arabia