Australia / Saudi Arabia

Australia-Saudi Arabia Trade: In 2022, Australia exported $1.48B to Saudi Arabia. The main products that Australia exported to Saudi Arabia were Barley ($959M), Sheep and Goat Meat ($84.9M), and Frozen Bovine Meat ($74.3M). Over the past 5 years the exports of Australia to Saudi Arabia have increased at an annualized rate of 6.93%, from $1.06B in 2017 to $1.48B in 2022.

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

Saudi Arabia-Australia Trade: In 2022, Saudi Arabia exported $887M to Australia. The main products that Saudi Arabia exported to Australia were Nitrogenous Fertilizers ($467M), Mixed Mineral or Chemical Fertilizers ($199M), and Sodium or Potassium Peroxides ($103M). Over the past 5 years the exports of Saudi Arabia to Australia have increased at an annualized rate of 14.2%,  from $457M in 2017 to $887M in 2022.

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

Comparison: In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).