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.

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Saudi Arabia Exports

Related Last Previous Unit Reference
Balance of Trade 90275.00 81603.00 Million SAR May 2022
Current Account 37411.00 20693.00 USD Million Mar 2022
Exports 144136.00 137705.00 Million SAR May 2022
Imports 53862.00 56102.00 Million SAR May 2022
Capital Flows 33753.05 22399.21 USD Million Mar 2022
Oil Exports 116215.00 109750.00 Million SAR May 2022
Non Oil Exports 23800.00 23249.00 Million SAR May 2022
Foreign Direct Investment 1965.00 1933.00 USD Million Mar 2022
Remittances 40003.00 38876.00 SAR Million Mar 2022

Saudi Arabia Exports
Saudi Arabia's economy is highly dependent on oil exports (87 percent of total exports) and the state-owned firm Aramco is the world's largest oil producing and exporting company. Main export partners are: United States (14 percent of total exports), Japan (13 percent), China (12 percent), South Korea (10 percent) and India (8 percent). Others include: United Arab Emirates, Bahrain, Singapore and Twain.
Actual Previous Highest Lowest Dates Unit Frequency
144136.00 137705.00 677144.00 9118.00 1968 - 2022 Million SAR Monthly

United Nations Comtrade Database
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