Overview In November 2022, United States exported $1.01B and imported $1.84B from Saudi Arabia, resulting in a negative trade balance of $833M. Between November 2021 and November 2022 the exports of United States have decreased by $-2.84M (-0.28%) from $1.01B to $1.01B, while imports increased by $347M (23.2%) from $1.49B to $1.84B.
Trade In November 2022, the top exports of United States to Saudi Arabia were Cars ($95.8M), Planes, Helicopters, and/or Spacecraft ($87.9M), Jewellery ($37.2M), Commodities not elsewhere specified ($36.3M), and Explosive Ammunition ($35.1M). In November 2022 the top imports of United States from Saudi Arabia were Crude Petroleum ($1.31B), Refined Petroleum ($316M), Nitrogenous Fertilizers ($50.2M), Mixed Mineral or Chemical Fertilizers ($43.1M), and Iron Pipes ($37.8M).
Origins In November 2022 the exports of United States were mainly from Texas ($183M), Florida ($127M), California ($81.3M), Louisiana ($56.8M), and New York ($56.3M), while imports destinations were mainly Texas ($588M), California ($364M), New Jersey ($273M), Washington ($222M), and Louisiana ($175M).
Growth In November 2022, the decrease in United States's year-by-year exports to Saudi Arabia was explained primarily by an decrease in product exports in Aircraft Parts ($-68.7M or -67.1%), Cars ($-30.1M or -23.1%), and Military Weapons ($-22.9M or -99.9%). In November 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%).