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Pricing

2023
Flag → Flag
Exports $5.03BRnk 22 / 223
2023
Flag → Flag
Top Product $1.19BGas Turbines
2023
Flag → Flag
Exports $3.36BRnk 21 / 182
2023
Flag → Flag
Top Product $2.55BRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
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Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
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GDP GROWTH21.4%CURRENT US$
Rnk 136 / 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
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GDP PC $49,464CURRENT US$
Rnk 26 / 195
2013-2023
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GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 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

United Kingdom-Saudi Arabia Trade: In 2023, United Kingdom exported $5.03B to Saudi Arabia. The main products that United Kingdom exported to Saudi Arabia were Gas Turbines ($1.19B), Cars ($496M), and Packaged Medicaments ($280M). Over the past 5 years the exports of United Kingdom to Saudi Arabia have increased at an annualized rate of 5.3%, from $3.89B in 2018 to $5.03B in 2023.

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

Saudi Arabia-United Kingdom Trade: In 2023, Saudi Arabia exported $3.36B to United Kingdom. The main products that Saudi Arabia exported to United Kingdom were Refined Petroleum ($2.55B), Coal Tar Oil ($172M), and Ethylene Polymers ($142M). Over the past 5 years the exports of Saudi Arabia to United Kingdom have increased at an annualized rate of 2.78%,  from $2.93B in 2018 to $3.36B in 2023.

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

Comparison: In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). 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, United Kingdom exported £381M and imported £43.5M from Saudi Arabia, resulting in a positive trade balance of £338M. Between November 2023 and November 2024 the exports of United Kingdom have increased by £12.8M (3.46%) from £368M to £381M, while imports decreased by £-128M (-74.6%) from £171M to £43.5M.

Trade In November 2024, the top exports of United Kingdom to Saudi Arabia were Gas Turbines (£85.3M), Packaged Medicaments (£28.6M), Cars (£14.7M), Aircraft parts for spacecraft, UAVs, and... (£11.3M), and Computers (£11.1M). In November 2024 the top imports of United Kingdom from Saudi Arabia were Refined Petroleum (£170M), Gas Turbines (£41.8M), Raw Aluminium (£4.03M), Ethylene Polymers (£3.9M), and Computers (£2.6M).

Origins In November 2024 the exports of United Kingdom were mainly from Warton Aerodrome (£133M), London Heathrow Airport (£74.6M), London Gateway (£57.2M), Southampton (£52.1M), and Felixstowe (£11.5M), while imports destinations were mainly Warton Aerodrome (£18.1M), London Gateway (£8.42M), London Heathrow Airport (£4.46M), and East Midlands Airport (£912k).

Growth In November 2024, the increase in United Kingdom's year-by-year exports to Saudi Arabia was explained primarily by an increase in product exports in Gas Turbines (£41.5M or 94.5%), Packaged Medicaments (£9.71M or 51.5%), and Computers (£8.45M or 323%). In November 2024, the decrease in United Kingdom's year-by-year imports  from Saudi Arabia was explained primarily by an decrease in product imports  in Gas Turbines (£-35.3M or -45.8%), Ethylene Polymers (£-1.62M or -29.4%), and Other Measuring Instruments (£-1.2M or -83.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)£12.8M(3.46%)
IMPORT GROWTH (November 2023 - November 2024)£-128M(-74.6%)
MAIN EXPORTER (November 2024)Warton Aerodrome£133M

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

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

For full datasets download visit Bulk Download page.

Explore Saudi Arabia and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $5.03B to Saudi Arabia. The main products exported from United Kingdom to Saudi Arabia were Gas Turbines ($1.19B), Cars ($496M), and Packaged Medicaments ($280M). During the last 5 years the exports of United Kingdom to Saudi Arabia have increased at an annualized rate of 5.3%, from $3.89B in 2018 to $5.03B in 2023.

In 2018, Saudi Arabia exported $3.36B to United Kingdom. The main products exported from Saudi Arabia to United Kingdom were Refined Petroleum ($2.55B), Coal Tar Oil ($172M), and Ethylene Polymers ($142M). During the last 5 years the exports of Saudi Arabia to United Kingdom have increased at an annualized rate of 2.78%, from $2.93B in 2023 to $3.36B in 2018.

Exports from United Kingdom (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Saudi Arabia
Top DestinationChina$64.4B

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

In 2023, countries that imported more from United Kingdom than Saudi Arabia included United States ($59.7B), Germany ($34.6B), and Ireland ($29.1B).

In 2023, countries that imported more from Saudi Arabia than United Kingdom included China ($64.4B), Japan ($34.7B), and India ($34.8B).

Difference in imports from Saudi Arabia (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Saudi Arabia

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Saudi Arabia in the exports of Machines ($2.36B), Transportation ($727M), and Chemical Products ($683M).

During 2018, Saudi Arabia had a large net trade with United Kingdom in the exports of Mineral Products ($2.75B), Plastics and Rubbers ($198M), and Metals ($114M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Saudi Arabia+$206MCars
Top Product Potential Saudi Arabia United Kingdom+$294MCrude 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.

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Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Saudi Arabia (Flag) (2023)

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