China / Saudi Arabia

Overview In October 2024, China exported $4.7B and imported $4.07B from Saudi Arabia, resulting in a positive trade balance of $629M. Between October 2023 and October 2024 the exports of China have increased by $1.39B (42.1%) from $3.31B to $4.7B, while imports decreased by $-1.41B (-25.8%) from $5.49B to $4.07B.

Trade In October 2024, the top exports of China to Saudi Arabia were Telephones ($336M), Cars ($202M), Light Fixtures ($141M), Other Furniture ($122M), and Other toys ($117M). In October 2024 the top imports of China from Saudi Arabia were Crude Petroleum ($4.98B), Ethylene Polymers ($206M), Acyclic Alcohols ($171M), Copper Ore ($93.6M), and Cyclic Hydrocarbons ($52.2M).

Origins In October 2024 the exports of China were mainly from Guangdong Province ($751M), Jiangsu Province ($727M), Shandong Province ($709M), Zhejiang Province ($704M), and Shanghai Province ($195M), while imports destinations were mainly Zhejiang Province ($1.44B), Beijing ($1.32B), Jiangsu Province ($347M), Yunnan Province ($243M), and Guangdong Province ($213M).

Growth In October 2024, the increase in China's year-by-year exports to Saudi Arabia was explained primarily by an increase in product exports in Telephones ($194M or 137%), Hot-Rolled Iron ($92.3M or 618%), and Large Construction Vehicles ($65.1M or 435%). In October 2024, the decrease in China's year-by-year imports  from Saudi Arabia was explained primarily by an decrease in product imports  in Acyclic Alcohols ($-153M or -47.2%), Ethylene Polymers ($-116M or -36.1%), and Cyclic Hydrocarbons ($-45.2M or -46.4%).