2023
Exports
$441MWorld Rnk 43 / 210
Flag Rnk 37 / 1148
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$19.1BWorld Rnk 12 / 225
Flag Rnk 1 / 1206
2023
ECONOMIC COMPLEXITY of Saudi Arabia
0.76Rnk 36 / 132

About

Exports In 2023, Saudi Arabia exported $441M in Cars, making it the 43rd largest exporter of Cars in the world. At the same year, Cars was the 37th most exported product in Saudi Arabia. The main destination of Cars exports from Saudi Arabia are: Qatar ($132M), Jordan ($48.7M), Sudan ($37.7M), Djibouti ($28.5M), and United Arab Emirates ($25M).

The fastest growing export markets for Cars of Saudi Arabia between 2022 and 2023 were Qatar ($84.3M), Iraq ($17.3M), and United Kingdom ($13.7M).

Imports In 2023, Saudi Arabia imported $19.1B in Cars, becoming the 12th largest importer of Cars in the world. At the same year, Cars was the 1st most imported product in Saudi Arabia. Saudi Arabia imports Cars primarily from: Japan ($4.3B), China ($2.68B), United States ($1.81B), Thailand ($1.79B), and South Korea ($1.61B).

The fastest growing import markets in Cars for Saudi Arabia between 2022 and 2023 were India ($769M), Japan ($652M), and Thailand ($586M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$441M
IMPORTS (2023)$19.1B
NET TRADE (2023)-$18.7B

In 2023, Saudi Arabia exported $441M in Cars. The main destinations of Saudi Arabia exports on Cars were Qatar ($132M), Jordan ($48.7M), Sudan ($37.7M), Djibouti ($28.5M), and United Arab Emirates ($25M).

In 2023, Saudi Arabia imported $19.1B in Cars, mainly from Japan ($4.3B), China ($2.68B), United States ($1.81B), Thailand ($1.79B), and South Korea ($1.61B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Saudi Arabia WERE (2022 - 2023):
Qatar$84.3M (175%)
Iraq$17.3M (282%)
United Kingdom$13.7M (328%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Saudi Arabia WERE (2022 - 2023):
United Arab Emirates-$567M (-95.8%)
Jordan-$43.5M (-47.2%)
China-$30.7M (-79.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Saudi Arabia's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, Saudi Arabia's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustria+ $2.05M
TOP IMPORT POTENTIALGermany+ $504M

Cars’s highest export potential is Austria. With an export gap of $2.05M.   Cars’s highest import potential is Germany with an import gap of $504M.

See methodology.

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