Overview In January 2022 United States exported $698M and imported $1.64B from Saudi Arabia, resulting in a negative trade balance of $944M. Between January 2021 and January 2022 the exports of United States have decreased by $-116M (-14.2%) from $814M to $698M, while imports increased by $1.12B (211%) from $528M to $1.64B.
Trade In January 2022, the top exports of United States to Saudi Arabia were Cars ($66.1M), Corn ($52.4M), Armored vehicles ($49.6M), Explosive Ammunition ($42.3M), and Commodities not elsewhere specified ($24.3M). In January 2022 the top imports of United States from Saudi Arabia were Crude Petroleum ($1.11B), Refined Petroleum ($329M), Mixed Mineral or Chemical Fertilizers ($27M), Commodities not elsewhere specified ($22.9M), and Ethers ($21.1M).
Origins In January 2022 the exports of United States were mainly from Texas ($130M), Louisiana ($79.4M), Ohio ($76M), New Jersey ($51.6M), and California ($44.9M), while imports destinations were mainly Texas ($664M), California ($281M), New Jersey ($160M), US Virgin Islands ($140M), and Louisiana ($115M).
Growth In January 2022, the decrease in United States's year-by-year exports to Saudi Arabia was explained primarily by an decrease in product exports in Aircraft Parts ($-68.7M or -67.1%), Cars ($-30.1M or -23.1%), and Military Weapons ($-22.9M or -99.9%). In January 2022, the increase in United States's year-by-year imports from Saudi Arabia was explained primarily by an increase in product imports in Refined Petroleum ($30.9M or 117%), Cyclic Hydrocarbons ($8.93M or 54.3%), and Aircraft Parts ($7.23M or 10.8k%).