2022
Flag  
GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
2022
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 GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC 
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
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GDP PC GROWTH
26.5%CURRENT US$
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About

United States-Saudi Arabia Trade: In 2022, United States exported $11B to Saudi Arabia. The main products that United States exported to Saudi Arabia were Cars ($1.72B), Planes, Helicopters, and/or Spacecraft ($664M), and Refined Petroleum ($325M). Over the past 5 years the exports of United States to Saudi Arabia have decreased at an annualized rate of 4.22%, from $13.7B in 2017 to $11B in 2022.

In 2017, United States exported services to Saudi Arabia worth $9.07B, with Travel ($2.59B), Government services, n.i.e. ($1.89B), and Financial services ($1.82B) being the largest in terms of value.

Saudi Arabia-United States Trade: In 2022, Saudi Arabia exported $23.9B to United States. The main products that Saudi Arabia exported to United States were Crude Petroleum ($16.6B), Refined Petroleum ($4.7B), and Mixed Mineral or Chemical Fertilizers ($476M). Over the past 5 years the exports of Saudi Arabia to United States have increased at an annualized rate of 3.67%,  from $19.9B in 2017 to $23.9B in 2022.

In 2022, Saudi Arabia did not export any services to United States.

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Company data: In 2023, leading companies such as REI (Recreational Equipment Incorporated) (35), Continental Materials (15), and Soho Studio (14) were at the forefront of exporting goods from Saudi Arabia to the United States. Conversely, Other (68), Textiles Opico Sa De Cv (35), and Unknown (12) were notable for importing products to Saudi Arabia from the United States.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $11B to Saudi Arabia. The main products exported from United States to Saudi Arabia were Cars ($1.72B), Planes, Helicopters, and/or Spacecraft ($664M), and Refined Petroleum ($325M). During the last 5 years the exports of United States to Saudi Arabia have decreased at an annualized rate of 4.22%, from $13.7B in 2017 to $11B in 2022.

In 2017, Saudi Arabia exported $23.9B to United States. The main products exported from Saudi Arabia to United States were Crude Petroleum ($16.6B), Refined Petroleum ($4.7B), and Mixed Mineral or Chemical Fertilizers ($476M). During the last 5 years the exports of Saudi Arabia to United States have increased at an annualized rate of 3.67%, from $19.9B in 2022 to $23.9B in 2017.

Exports from United States (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top Destination
Canada$308B
Saudi Arabia
Top Destination
China$68B

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

In 2022, countries that imported more from United States than Saudi Arabia included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Saudi Arabia than United States included Oman ($4.31B), Jordan ($3.79B), and Pakistan ($4.5B).

Difference in imports from Saudi Arabia (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Saudi Arabia

Flow
Scale

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

During 2022, United States had a large net trade with Saudi Arabia in the exports of Transportation ($2.98B), Machines ($2.55B), and Chemical Products ($1.28B).

During 2017, Saudi Arabia had a large net trade with United States in the exports of Mineral Products ($21.4B), Chemical Products ($1.5B), and Metals ($525M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Saudi Arabia+$233MRefined Petroleum
Top Product Potential Saudi Arabia United States+$2.77BCrude Petroleum

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

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

Product Space of United States (Flag) and Saudi Arabia (Flag) (2022)

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