Saudi Arabia / Canada

Saudi Arabia-Canada Trade: In 2022, Saudi Arabia exported $2.5B to Canada. The main products that Saudi Arabia exported to Canada were Crude Petroleum ($2.38B), Aluminium Plating ($57.7M), and Other Small Iron Pipes ($10.4M). Over the past 5 years the exports of Saudi Arabia to Canada have increased at an annualized rate of 6.21%, from $1.85B in 2017 to $2.5B in 2022.

In 2022, Saudi Arabia did not export any services to Canada.

Canada-Saudi Arabia Trade: In 2022, Canada exported $959M to Saudi Arabia. The main products that Canada exported to Saudi Arabia were Tanks and Armored vehicles ($545M), Packaged Medicaments ($58.4M), and Bovine Meat ($21.3M). Over the past 5 years the exports of Canada to Saudi Arabia have decreased at an annualized rate of 5.26%,  from $1.26B in 2017 to $959M in 2022.

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 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).