2022
Flag  
GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
 GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC 
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186
2022
Flag
GDP PC
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Saudi Arabia exported $887M to Australia. The main products exported from Saudi Arabia to Australia were Nitrogenous Fertilizers ($467M), Mixed Mineral or Chemical Fertilizers ($199M), and Sodium or Potassium Peroxides ($103M). During the last 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 2017, Australia exported $1.48B to Saudi Arabia. The main products exported from Australia to Saudi Arabia were Barley ($959M), Sheep and Goat Meat ($84.9M), and Frozen Bovine Meat ($74.3M). During the last 5 years the exports of Australia to Saudi Arabia have increased at an annualized rate of 6.93%, from $1.06B in 2022 to $1.48B in 2017.

Exports from Saudi Arabia (Flag) to Australia (Flag) (2022)

Exports from Australia (Flag) to Saudi Arabia (Flag) (2022)

Latest Data

Trade between Saudi Arabia (Flag) and Australia (Flag)

Saudi Arabia Exports

Australia Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$68B
Australia
Top Destination
China$123B

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

In 2022, countries that imported more from Saudi Arabia than Australia included India ($46.2B), United States ($23.9B), and Egypt ($6.44B).

In 2022, countries that imported more from Australia than Saudi Arabia included China ($123B), Japan ($80.1B), and Chinese Taipei ($24.1B).

Difference in imports from Australia (Flag) and Saudi Arabia (Flag) (2022)

Comparative Advantage Saudi Arabia - Australia

Flow
Scale

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

During 2022, Saudi Arabia had a large net trade with Australia in the exports of Chemical Products ($809M), Transportation ($31.1M), and Textiles ($18M).

During 2017, Australia had a large net trade with Saudi Arabia in the exports of Vegetable Products ($1.02B), Animal Products ($234M), and Chemical Products ($52.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Saudi Arabia Australia+$6.9MAcyclic Alcohols
Top Product Potential Australia Saudi Arabia+$11.1MRefined 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 Saudi Arabia and Australia. This means that a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Australia. Similarly, a dot/product with the flag of Australia indicates it has a comparative advantage over Saudi Arabia.

Product Space of Saudi Arabia (Flag) and Australia (Flag) (2022)

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