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Pricing

2023
Flag → Flag
Exports $3.36BRnk 21 / 182
2023
Flag → Flag
Top Product $2.55BRefined Petroleum
2023
Flag → Flag
Exports $5.03BRnk 22 / 223
2023
Flag → Flag
Top Product $1.19BGas Turbines
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH41.6%CURRENT US$
Rnk 90 / 195
2023
Flag
 GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC $32,094CURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195
2023
Flag
GDP PC$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195

About

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.

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.

Comparison: In 2023,  Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B). That same year, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $3.36B in 2023.

In 2018, 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 2023 to $5.03B in 2018.

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

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

Latest Data

Trade between Saudi Arabia (Flag) and United Kingdom (Flag)

Saudi Arabia Exports

United Kingdom Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Saudi Arabia - United Kingdom

Flow
Scale

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

During 2023, Saudi Arabia had a large net trade with United Kingdom in the exports of N/A.

During 2018, United Kingdom had a large net trade with Saudi Arabia in the exports of Machines ($2.36B), Transportation ($727M), and Chemical Products ($683M).

Potential Exports

Potential Exports

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

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

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

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