Exports from Saudi Arabia declined by 10.7% year-on-year to SAR 92.8 billion in October 2024, dragged by lower sales of oil products (-17.2%), which accounted for 72.6% of total exports. China remained the top destination for Saudi exports, making up 16.1% of the total, followed by India (9.5%) and Japan (9.4%). source: General Authority for Statistics, Saudi Arabia

Exports in Saudi Arabia averaged 151581.54 SAR Million from 1968 until 2024, reaching an all time high of 677144.00 SAR Million in December of 2005 and a record low of 9118.00 SAR Million 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 January of 2025.

Exports in Saudi Arabia is expected to be 94500.00 SAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-11-24 06:00 AM
Exports
Sep SAR88.6B SAR93.1B SAR 82B
2024-12-26 06:00 AM
Exports
Oct SAR92.8B SAR89.1B
2025-02-21 06:00 AM
Exports
Dec SAR92.8B SAR 94.5B


Related Last Previous Unit Reference
Balance of Trade 20769.00 15999.00 SAR Million Oct 2024
Capital Flows -451.88 1155.27 USD Million Jun 2024
Current Account -8790.05 2728.78 USD Million Sep 2024
Exports 92782.00 89100.00 SAR Million Oct 2024
Foreign Direct Investment 4255.62 3115.47 USD Million Sep 2024
Imports 72013.00 73100.00 SAR Million Oct 2024
Non Oil Exports 19413.00 19187.00 SAR Million Oct 2024
Oil Exports 67400.00 62608.00 SAR Million Oct 2024
Remittances 11350.00 9366.00 SAR Million Jun 2024

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
92782.00 89100.00 677144.00 9118.00 1968 - 2024 SAR Million Monthly


International Trade
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