2022
Flag  
GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
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GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
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 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
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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
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Saudi Arabia-Germany Trade: In 2022, Saudi Arabia exported $2.61B to Germany. The main products that Saudi Arabia exported to Germany were Crude Petroleum ($1.26B), Precious Metal Scraps ($561M), and Ethylene Polymers ($150M). Over the past 5 years the exports of Saudi Arabia to Germany have increased at an annualized rate of 23.7%, from $903M in 2017 to $2.61B in 2022.

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

Germany-Saudi Arabia Trade: In 2022, Germany exported $7.1B to Saudi Arabia. The main products that Germany exported to Saudi Arabia were Cars ($669M), Packaged Medicaments ($463M), and Vaccines, blood, antisera, toxins and cultures ($334M). Over the past 5 years the exports of Germany to Saudi Arabia have decreased at an annualized rate of 0.59%,  from $7.31B in 2017 to $7.1B in 2022.

In 2022, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Saudi Arabia exported $2.61B to Germany. The main products exported from Saudi Arabia to Germany were Crude Petroleum ($1.26B), Precious Metal Scraps ($561M), and Ethylene Polymers ($150M). During the last 5 years the exports of Saudi Arabia to Germany have increased at an annualized rate of 23.7%, from $903M in 2017 to $2.61B in 2022.

In 2017, Germany exported $7.1B to Saudi Arabia. The main products exported from Germany to Saudi Arabia were Cars ($669M), Packaged Medicaments ($463M), and Vaccines, blood, antisera, toxins and cultures ($334M). During the last 5 years the exports of Germany to Saudi Arabia have decreased at an annualized rate of 0.59%, from $7.31B in 2022 to $7.1B in 2017.

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

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

Latest Data

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

Saudi Arabia Exports

Germany Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$68B
Germany
Top Destination
United States$153B

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

In 2022, countries that imported more from Saudi Arabia than Germany included India ($46.2B), Japan ($36.5B), and South Korea ($36B).

In 2022, countries that imported more from Germany than Saudi Arabia included United States ($153B), France ($120B), and Netherlands ($109B).

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

Comparative Advantage Saudi Arabia - Germany

Flow
Scale

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

During 2022, Saudi Arabia had a large net trade with Germany in the exports of Mineral Products ($1.44B), Precious Metals ($569M), and Plastics and Rubbers ($279M).

During 2017, Germany had a large net trade with Saudi Arabia in the exports of Machines ($1.82B), Chemical Products ($1.55B), and Transportation ($1.38B).

Potential Exports

Potential Exports

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

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 Germany. This means that a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Germany. Similarly, a dot/product with the flag of Germany indicates it has a comparative advantage over Saudi Arabia.

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

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