Saudi Arabia (SAU) and Iran (IRN) Trade | The Observatory of Economic Complexity

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Saudi Arabia-Iran Trade: In 2018, Saudi Arabia exported $251k to Iran. The main products that Saudi Arabia exported to Iran were N/A. Over the past 5 years the exports of Saudi Arabia to Iran have decreased at an annualized rate of 67.8%, from $72.8M in 2013 to $251k in 2018.

In 2018, Saudi Arabia did not export any services to Iran.

Iran-Saudi Arabia Trade: In 2018, Iran exported $247k to Saudi Arabia. The main products that Iran exported to Saudi Arabia were Packaged Medicaments ($217k), Medical Instruments ($29.5k), and Trunks and Cases ($409). Over the past 5 years the exports of Iran to Saudi Arabia have decreased at an annualized rate of 0.17%, from $249k in 2013 to $247k in 2018.

In 2018, Iran 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, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2018, Saudi Arabia exported $251k to Iran. There were not main exports from Saudi Arabia to Iran in 2018. During the last 5 years the exports of Saudi Arabia to Iran have decreased at an annualized rate of 67.8%, from $72.8M in 2013 to $251k in 2018.

In 2018, Iran exported $247k to Saudi Arabia. The main products exported from Iran to Saudi Arabia were Packaged Medicaments ($217k), Medical Instruments ($29.5k), and Trunks and Cases ($409). During the last 5 years the exports of Iran to Saudi Arabia have decreased at an annualized rate of 0.17%, from $249k in 2023 to $247k in 2018.

Exports from Saudi Arabia () to Iran () (2023)

Exports from Iran () to Saudi Arabia () (2023)

Latest Data

Trade between Saudi Arabia () and Iran ()

Saudi Arabia Exports

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saudi Arabia
Top DestinationChina$64.4B

Iran
Top DestinationChina$4.59B

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

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

In 2023, countries that imported more from Iran than Saudi Arabia included Armenia ($597M), Azerbaijan ($473M), and Uzbekistan ($326M).

Difference in imports from Iran () and Saudi Arabia () (2023)

Comparative Advantage Saudi Arabia - Iran

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Saudi Arabia had a large net trade with Iran in the exports of .

During 2018, Iran had a large net trade with Saudi Arabia in the exports of Chemical Products ($217k), Instruments ($29.5k), and Animal Hides ($409).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Saudi Arabia Iran+$6.76kRefined Petroleum

Top Product Potential Iran Saudi Arabia+$6.29kEthylene Polymers

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

Year

This visualization shows the product space at the HS4 level with the flags of Saudi Arabia and Iran. This means that a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Iran. Similarly, a dot/product with the flag of Iran indicates it has a comparative advantage over Saudi Arabia.

About

Historical Data

Bilateral Trade by Products

Exports from Saudi Arabia () to Iran () (2023)

Exports from Iran () to Saudi Arabia () (2023)

Latest Data

Trade between Saudi Arabia () and Iran ()

Saudi Arabia Exports

Market Competitiveness

Difference in imports from Iran () and Saudi Arabia () (2023)

Comparative Advantage Saudi Arabia - Iran

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Saudi Arabia () and Iran () (2023)

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