Saudi Arabia-Canada Trade: In 2023, Saudi Arabia exported $1.6B to Canada. The main products that Saudi Arabia exported to Canada were Crude Petroleum ($1.53B), Other Small Iron Pipes ($16M), and Aluminium Plating ($8.85M). Over the past 5 years the exports of Saudi Arabia to Canada have decreased at an annualized rate of 11.7%, from $2.97B in 2018 to $1.6B in 2023.
In 2023, Saudi Arabia did not export any services to Canada.
Canada-Saudi Arabia Trade: In 2023, Canada exported $1.71B to Saudi Arabia. The main products that Canada exported to Saudi Arabia were Tanks and Armored vehicles ($1.1B), Packaged Medicaments ($61M), and Cars ($47.4M). Over the past 5 years the exports of Canada to Saudi Arabia have decreased at an annualized rate of 0.16%, from $1.75B in 2018 to $1.71B in 2023.
In 2020, Canada exported services to Saudi Arabia worth $136M, with Royalties and license fees ($52.2M), Travel ($32.8M), and Transportation ($25.4M) being the largest in terms of value.
Comparison: In 2023, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B). That same year, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).