2022
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GDP
$1.11TCURRENT US$
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GDP GROWTH
49.4%CURRENT US$
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 GDP
$2.24TCURRENT US$
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GDP GROWTH
1.45%CURRENT US$
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GDP PC 
$30,436CURRENT US$
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GDP PC GROWTH
26.5%CURRENT US$
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GDP PC
$15,345CURRENT US$
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GDP PC GROWTH
-0.49%CURRENT US$
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About

Saudi Arabia-Russia In 2021, Saudi Arabia exported $299M to Russia. The main products that Saudi Arabia exported to Russia are N/A. During the last 26 years the exports of Saudi Arabia to Russia have increased at an annualized rate of 29.4%, from $370k in 1995 to $299M in 2021.

In 2021, Saudi Arabia did not export any services to Russia.

Russia-Saudi Arabia In 2021, Russia exported $2.21B to Saudi Arabia. The main products that Russia exported to Saudi Arabia were N/A. During the last 26 years the exports of Russia to Saudi Arabia have increased at an annualized rate of 9.8%, from $195M in 1995 to $2.21B in 2021.

In 2020, Russia exported services to Saudi Arabia worth $16.6M, with Other business services ($8.07M), Transportation ($3.43M), and Construction services ($1.84M) being the largest in terms of value.

Comparison In 2022,  Saudi Arabia ranked 34 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). That same year, Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Saudi Arabia exported $299M to Russia. There were not main exports from Saudi Arabia to Russia in 2021. During the last 26 years the exports of Saudi Arabia to Russia have increased at an annualized rate of 29.4%, from $370k in 1995 to $299M in 2021.

In 2021, Russia exported $2.21B to Saudi Arabia. There were not main exports from Russia to Saudi Arabia in 2021. During the last 26 years the exports of Russia to Saudi Arabia have increased at an annualized rate of 9.8%, from $195M in 1995 to $2.21B in 2021.

Exports from Saudi Arabia (Flag) to Russia (Flag) (2021)

Exports from Russia (Flag) to Saudi Arabia (Flag) (2021)

Latest Data

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

Saudi Arabia Exports

Russia Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$68B
Russia
Top Destination
China$101B

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

In 2021, countries that imported more from Saudi Arabia than Russia were Japan ($36.5B), South Korea ($36B), and United States ($23.9B).

In 2021, countries that imported more from Russia than Saudi Arabia were China ($101B), Germany ($27.7B), and Turkey ($25.3B).

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

Comparative Advantage Saudi Arabia - Russia

Flow
Scale

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

During 2021, Saudi Arabia had a large net trade with Russia in the exports of .

During 2021, Russia had a large net trade with Saudi Arabia in the exports of .

Service Trade

Bilateral Service Trade

In 2020, Russia exported services to Saudi Arabia worth $16.6M, with Other business services ($8.07M), Transportation ($3.43M), and Construction services ($1.84M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Saudi Arabia (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Saudi Arabia has comparative advantage over Russia. Similarly, the more yellow a dot/product is, the more Russia has comparative advantage over Saudi Arabia.

Product Space of Saudi Arabia (Flag) and Russia (Flag) (2021)

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