Cars in Saudi Arabia

EXPORTS (2018): $777M, World Rnk 36 / 209
Flag Rnk 17 / 1078

TOP DESTINATION (2018): $202M, China

FASTEST GROWING MARKET (2017 - 2018): $202M, China

IMPORTS (2018): $8.87B, World Rnk 20 / 220
Flag Rnk 1 / 1197

TOP ORIGIN (2018): $2.03B, Japan

FASTEST GROWING ORIGIN (2017 - 2018): $738M, Japan

ECONOMIC COMPLEXITY of Saudi Arabia (2018): 0.93, Rnk 27 / 137

PRODUCT COMPLEXITY  IN Cars (2018): 0.78, Rnk 249 / 1018

Overview: This page contains the latest trade data of Cars in Saudi Arabia.

Exports: In 2018, Saudi Arabia exported $777M in Cars, making it the 36th largest exporter of Cars in the world. At the same year, Cars was the 17th most exported product in Saudi Arabia. The main destination of Cars exports from Saudi Arabia are: China ($202M), Sudan ($141M), United Arab Emirates ($96.5M), Iraq ($79.8M), and Egypt ($50.2M).

The fastest growing export markets for Cars of Saudi Arabia between 2017 and 2018 were China ($202M), Sudan ($124M), and United Arab Emirates ($96.5M).

Imports: In 2018, Saudi Arabia imported $8.87B in Cars, becoming the 20th largest importer of Cars in the world. At the same year, Cars was the 1st most imported product in Saudi Arabia. Saudi Arabia imports Cars primarily from: Japan ($2.03B), United States ($1.73B), South Korea ($1.17B), United Arab Emirates ($582M), and Indonesia ($568M).

The fastest growing import markets in Cars for Saudi Arabia between 2017 and 2018 were Japan ($738M), United Arab Emirates ($582M), and Thailand ($383M).

Tariffs: In 2017, the average tariff for Saudi Arabia in Cars was 4.52%. The countries with the highest import tariffs for Cars were Angola (5%), Burundi (5%), Benin (5%), Burkina Faso (5%), and Botswana (5%).

Value

EXPORTS (2018): $777M

IMPORTS (2018): $8.87B

NET TRADE (2018): -$8.09B

In 2018, Saudi Arabia exported $777M in Cars. The main destinations of Saudi Arabia exports on Cars were China ($202M), Sudan ($141M), United Arab Emirates ($96.5M), Iraq ($79.8M), and Egypt ($50.2M).

In 2018, Saudi Arabia imported $8.87B in Cars, mainly from Japan ($2.03B), United States ($1.73B), South Korea ($1.17B), United Arab Emirates ($582M), and Indonesia ($568M).

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IN 2018, Saudi Arabia HAD A POSITIVE NET TRADE IN Cars WITH:

  • Sudan, $141M ($141M - $0)
  • Iraq, $79.8M ($79.8M - $0)
  • Egypt, $50.2M ($50.2M - $0)

IN 2018, Saudi Arabia HAD A NEGATIVE NET TRADE IN Cars WITH:

  • Japan, -$2.03B ($781k - $2.03B)
  • United States, -$1.73B ($1.9M - $1.73B)
  • South Korea, -$1.17B ($503k - $1.17B)
Flow

THE FASTEST GROWING Cars EXPORT MARKETS FOR Saudi Arabia WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Saudi Arabia WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Saudi Arabia's main exporting competitors in Cars were:

In 2018, Saudi Arabia's main importing competitors in Cars were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Cars in Saudi Arabia. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2017, the average tariff for Saudi Arabia in Cars was 4.52%.

The countries with the highest tariffs for Cars in Saudi Arabia were Angola (5%), Burundi (5%), Benin (5%), Burkina Faso (5%), and Botswana (5%).

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