NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $9.41BRnk 33 / 220
2023
Flag → Flag
Top Product $1.05BCars
2023
Flag → Flag
Exports $2.59BRnk 24 / 182
2023
Flag → Flag
Top Product $1.57BCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.79Rnk 5 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
Flag  
GDP$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH18.8%CURRENT US$
Rnk 144 / 195
2023
Flag
 GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH41.6%CURRENT US$
Rnk 90 / 195
2023
Flag
GDP PC $54,343CURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP PC GROWTH15.1%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC$32,094CURRENT US$
Rnk 44 / 196
2013-2023
Flag
GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195

About

Germany-Saudi Arabia Trade: In 2023, Germany exported $9.41B to Saudi Arabia. The main products that Germany exported to Saudi Arabia were Cars ($1.05B), Planes, Helicopters, and/or Spacecraft ($881M), and Packaged Medicaments ($724M). Over the past 5 years the exports of Germany to Saudi Arabia have increased at an annualized rate of 5.3%, from $7.27B in 2018 to $9.41B in 2023.

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

Saudi Arabia-Germany Trade: In 2023, Saudi Arabia exported $2.59B to Germany. The main products that Saudi Arabia exported to Germany were Crude Petroleum ($1.57B), Refined Petroleum ($262M), and Precious Metal Scraps ($160M). Over the past 5 years the exports of Saudi Arabia to Germany have increased at an annualized rate of 11%,  from $1.54B in 2018 to $2.59B in 2023.

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

Comparison: In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). That same year, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Latest Trends

November, 2024

About

Overview In November 2024, Germany exported €857M and imported €40.3M from Saudi Arabia, resulting in a positive trade balance of €817M. Between November 2023 and November 2024 the exports of Germany have increased by €134M (18.5%) from €723M to €857M, while imports decreased by €-19.3M (-32.3%) from €59.6M to €40.3M.

Trade In November 2024, the top exports of Germany to Saudi Arabia were Pharmaceutical products (€57.9M), Motor cars and motor caravans (€53.2M), Lorries and special purpose motor vehicles (€50.3M), Other prefabricated chemicals (€37.6M), and Other machinery (€33.9M). In November 2024 the top imports of Germany from Saudi Arabia were Petroleum oil and petroleum gases (€246M), Plastics (€13.3M), Mineral oil products (€11.2M), Other prefabricated chemicals (€7.72M), and Other chemical final products (€4.7M).

Origins In November 2024 the exports of Germany were mainly from Baden-Württemberg (€133M), Hamburg (€104M), Hesse (€94.6M), North Rhine-Westphalia (€93.1M), and Bavaria (€76.8M), while imports destinations were mainly North Rhine-Westphalia (€11.2M), Hesse (€4.72M), Baden-Württemberg (€3.8M), Bavaria (€3.62M), and Lower Saxony (€3.42M).

Growth In November 2024, the increase in Germany's year-by-year exports to Saudi Arabia was explained primarily by an increase in product exports in Lorries and special purpose motor vehicles (€31.3M or 165%), Other machinery (€14.4M or 74%), and Medical, surgical equipment, orthopaedic apparatus (€13.7M or 113%). In November 2024, the decrease in Germany's year-by-year imports  from Saudi Arabia was explained primarily by an decrease in product imports  in Other chemical semi-finished products (€-14M or -93.8%), Plastics (€-5.45M or -29%), and Other prefabricated chemicals (€-1.92M or -19.9%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€134M(18.5%)
IMPORT GROWTH (November 2023 - November 2024)€-19.3M(-32.3%)
MAIN EXPORTER (November 2024)Baden-Württemberg€133M

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

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

For full datasets download visit Bulk Download page.

Explore Saudi Arabia and Germany Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Germany exported $9.41B to Saudi Arabia. The main products exported from Germany to Saudi Arabia were Cars ($1.05B), Planes, Helicopters, and/or Spacecraft ($881M), and Packaged Medicaments ($724M). During the last 5 years the exports of Germany to Saudi Arabia have increased at an annualized rate of 5.3%, from $7.27B in 2018 to $9.41B in 2023.

In 2018, Saudi Arabia exported $2.59B to Germany. The main products exported from Saudi Arabia to Germany were Crude Petroleum ($1.57B), Refined Petroleum ($262M), and Precious Metal Scraps ($160M). During the last 5 years the exports of Saudi Arabia to Germany have increased at an annualized rate of 11%, from $1.54B in 2023 to $2.59B in 2018.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$157B
Saudi Arabia
Top DestinationChina$64.4B

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

In 2023, countries that imported more from Germany than Saudi Arabia included United States ($157B), France ($118B), and Netherlands ($108B).

In 2023, countries that imported more from Saudi Arabia than Germany included India ($34.8B), Japan ($34.7B), and Oman ($4.99B).

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

Comparative Advantage Germany - Saudi Arabia

Flow
Scale

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

During 2023, Germany had a large net trade with Saudi Arabia in the exports of Transportation ($2.87B), Machines ($2.25B), and Chemical Products ($1.7B).

During 2018, Saudi Arabia had a large net trade with Germany in the exports of Mineral Products ($1.87B), Chemical Products ($200M), and Plastics and Rubbers ($189M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Saudi Arabia+$504MCars
Top Product Potential Saudi Arabia Germany+$1.04BCrude Petroleum

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Germany and Saudi Arabia. This means that a dot/product with the flag of Germany 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 Germany.

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms