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2023
Flag → Flag
Exports $42.9BRnk 26 / 208
2023
Flag → Flag
Top Product $4.64BBroadcasting Equipment
2023
Flag → Flag
Exports $64.4BRnk 1 / 182
2023
Flag → Flag
Top Product $53.9BCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
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Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
Flag  
GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
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 GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
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GDP GROWTH41.6%CURRENT US$
Rnk 90 / 195
2023
Flag
GDP PC $12,614CURRENT US$
Rnk 80 / 195
2013-2023
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GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195
2023
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GDP PC$32,094CURRENT US$
Rnk 44 / 196
2013-2023
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GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195

About

China-Saudi Arabia Trade: In 2023, China exported $42.9B to Saudi Arabia. The main products that China exported to Saudi Arabia were Broadcasting Equipment ($4.64B), Cars ($2.68B), and Hot-Rolled Iron ($1.35B). Over the past 5 years the exports of China to Saudi Arabia have increased at an annualized rate of 16.4%, from $20.1B in 2018 to $42.9B in 2023.

In 2023, China did not export any services to Saudi Arabia.

Saudi Arabia-China Trade: In 2023, Saudi Arabia exported $64.4B to China. The main products that Saudi Arabia exported to China were Crude Petroleum ($53.9B), Ethylene Polymers ($2.47B), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($2.45B). Over the past 5 years the exports of Saudi Arabia to China have increased at an annualized rate of 7.98%,  from $43.9B in 2018 to $64.4B in 2023.

In 2023, Saudi Arabia did not export any services to China.

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Latest Trends

December, 2024

About

Overview In December 2024, China exported $5.36B and imported $4.36B from Saudi Arabia, resulting in a positive trade balance of $1B. Between December 2023 and December 2024 the exports of China have increased by $1.36B (34.1%) from $4B to $5.36B, while imports decreased by $-229M (-4.98%) from $4.59B to $4.36B.

Trade In December 2024, the top exports of China to Saudi Arabia were Telephones ($337M), Semiconductor Devices ($219M), Cars ($159M), Commodities not elsewhere specified ($142M), and Light Fixtures ($125M). In December 2024 the top imports of China from Saudi Arabia were Crude Petroleum ($3.96B), Ethylene Polymers ($247M), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($192M), Cyclic Hydrocarbons ($65.5M), and Amino-resins ($36.3M).

Origins In December 2024 the exports of China were mainly from Zhejiang Province ($859M), Jiangsu Province ($824M), Guangdong Province ($814M), Shandong Province ($587M), and Anhui Province ($224M), while imports destinations were mainly Beijing ($1.39B), Zhejiang Province ($1.06B), Liaoning Province ($546M), Jiangsu Province ($301M), and Guangdong Province ($255M).

Growth In December 2024, the increase in China's year-by-year exports to Saudi Arabia was explained primarily by an increase in product exports in Semiconductor Devices ($169M or 336%), Non-Knit Women's Suits ($35.8M or 68%), and Commodities not elsewhere specified ($34.2M or 31.7%). In December 2024, the decrease in China's year-by-year imports  from Saudi Arabia was explained primarily by an decrease in product imports  in Crude Petroleum ($-1.02B or -20.5%), Copper Ore ($-69.9M or -74.7%), and Polyacetals ($-19.3M or -45.8%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$1.36B(34.1%)
IMPORT GROWTH (December 2023 - December 2024)$-229M(-4.98%)
MAIN EXPORTER (December 2024)Zhejiang Province$859M

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Saudi Arabia and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $42.9B to Saudi Arabia. The main products exported from China to Saudi Arabia were Broadcasting Equipment ($4.64B), Cars ($2.68B), and Hot-Rolled Iron ($1.35B). During the last 5 years the exports of China to Saudi Arabia have increased at an annualized rate of 16.4%, from $20.1B in 2018 to $42.9B in 2023.

In 2018, Saudi Arabia exported $64.4B to China. The main products exported from Saudi Arabia to China were Crude Petroleum ($53.9B), Ethylene Polymers ($2.47B), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($2.45B). During the last 5 years the exports of Saudi Arabia to China have increased at an annualized rate of 7.98%, from $43.9B in 2023 to $64.4B in 2018.

Exports from China (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top DestinationUnited States$436B
Saudi Arabia
Top DestinationChina$64.4B

This map shows whether countries import more from China or Saudi Arabia. Each country is colored based on the difference in imports they receive from China and Saudi Arabia or the difference in the growth in imports.

In 2023, countries that imported more from China than Saudi Arabia included United States ($436B), Hong Kong ($259B), and Germany ($164B).

In 2023, countries that imported more from Saudi Arabia than China included Oman ($4.99B), Lithuania ($2.17B), and Cape Verde ($202M).

Difference in imports from Saudi Arabia (Flag) and China (Flag) (2023)

Comparative Advantage China - Saudi Arabia

Flow
Scale

This chart compares trade between China and Saudi Arabia by product, considering products traded by both, China and Saudi Arabia.

During 2023, China had a large net trade with Saudi Arabia in the exports of Machines ($16.2B), Metals ($5.24B), and Transportation ($4.95B).

During 2018, Saudi Arabia had a large net trade with China in the exports of Mineral Products ($55.8B), Chemical Products ($4.15B), and Plastics and Rubbers ($3.58B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Saudi Arabia+$809MTelephones
Top Product Potential Saudi Arabia China+$1.22BPetroleum Gas

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of China and Saudi Arabia. This means that a dot/product with the flag of China indicates it has a comparative advantage over Saudi Arabia. Similarly, a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over China.

Product Space of China (Flag) and Saudi Arabia (Flag) (2023)

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