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Saudi Arabia Exports (% GDP)

Saudi Arabia's exports (% GDP) fell to 29.16% in 2024, down from 30.24% in 2023, according to World Bank. This represents a decrease of 1.08% from the previous year. Saudi Arabia has exports (% GDP) lower than the global median (29.16% vs median 37.25%). Compared with the median in Asia, Saudi Arabia is lower (29.16% vs regional median 34.51%) and ranks 25th out of 45 countries in Asia.

Saudi Arabia's imports (% GDP) rose to 25.64% in 2024, up from 23.93% in 2023.

Yearly Historical Data (1968-2024)

(in %)
Year Exports (% GDP)
2024 29.16%
2023 30.24%
2022 35.99%
2021 29.16%
2020 23.81%
2019 32.16%
2018 35.52%
2017 32.36%
2016 29.14%
2015 31.44%
2014 45.1%
2013 50.37%
2012 53.12%
2011 55.27%
2010 49.57%
2009 47.09%
2008 62.11%
2007 59.94%
2006 59.83%
2005 57.05%
2004 50.99%
2003 45.85%
2002 40.95%
2001 39.63%
2000 43.41%
1999 34.67%
1998 29.63%
1997 39.16%
1996 40.02%
1995 37.34%
1994 34%
1993 34.35%
1992 39.11%
1991 38.31%
1990 40.33%
1989 33.75%
1988 31.32%
1987 30.86%
1986 26.7%
1985 30.07%
1984 34.52%
1983 38.47%
1982 50.73%
1981 62.82%
1980 63.46%
1979 54.86%
1978 49.32%
1977 57.42%
1976 59.73%
1975 73.33%
1974 62.94%
1973 99.7%
1972 61.58%
1971 53.98%
1970 50.8%
1969 48.19%
1968 47.73%
Saudi Arabia Exports (% GDP) : Definition
Exports (% GDP) measures the value of goods and services sold abroad by Saudi Arabia compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $305.5B $320.02B 2024
Annual Imports $232.81B $206.94B 2024
Balance of Trade SAR 26.9B SAR 19.5B Jul'25
Exports SAR 102.4B SAR 92.3B Jul'25
FDI Inflows (% GDP) 1.27% 1.87% 2024
Imports SAR 75.5B SAR 72.8B Jul'25
Imports (% GDP) 25.64% 23.93% 2024
Net Trade (Goods & Services, BoP) $43.89B $78.82B 2024
Tariff Rate 5.96% 4.7% 2022
Trade (% GDP) 54.8% 54.17% 2024