Exports from Saudi Arabia jumped 83.4% year-on-year to SAR 144.14 billion in May of 2022, boosted by 105.5% surge in oil sales which accounted for 80.6% of total shipments, amid soaring oil prices. Non-oil exports grew by 26.7%, namely products of the chemical or allied industries (35.3%) and plastics (31.3%). China was the biggest export partner, followed by India, Japan, and South Korea. source: Central Department of Statistics & Information, Saudi Arabia
Exports in Saudi Arabia averaged 160708.90 Million SAR from 1968 until 2022, reaching an all time high of 677144 Million SAR in December of 2005 and a record low of 9118 Million SAR in December of 1968. This page provides - Saudi Arabia Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Exports - values, historical data and charts - was last updated on August of 2022.
Exports in Saudi Arabia is expected to be 93000.00 Million SAR by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Exports is projected to trend around 92000.00 Million SAR in 2023 and 93000.00 Million SAR in 2024, according to our econometric models.