Saudi Arabia Trade Balance 1968-2024

External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
  • Saudi Arabia trade balance for 2022 was $185.08B, a 151.86% increase from 2021.
  • Saudi Arabia trade balance for 2021 was $73.49B, a 10962.52% increase from 2020.
  • Saudi Arabia trade balance for 2020 was $0.66B, a 99.01% decline from 2019.
  • Saudi Arabia trade balance for 2019 was $66.92B, a 36.47% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Ireland $197.56B
Saudi Arabia $185.08B
Singapore $169.18B
Norway $164.21B
Switzerland $99.17B
Australia $98.35B
Netherlands $93.41B
Germany $83.75B
Denmark $42.02B
Luxembourg $28.18B
Spain $19.70B
Israel $17.16B
Sweden $14.22B
Hong Kong $14.15B
Argentina $9.36B
Puerto Rico $8.28B
Poland $7.66B
Austria $6.84B
Brunei $4.30B
Uruguay $3.88B
Canada $3.73B
Malta $2.02B
Bermuda $1.99B
Slovenia $1.01B
Cyprus $-0.11B
Seychelles $-0.16B
Iceland $-0.20B
Estonia $-0.21B
Czech Republic $-0.30B
Bahamas $-0.66B
Lithuania $-1.39B
Macao $-2.20B
Latvia $-2.39B
Croatia $-3.28B
South Korea $-4.50B
Portugal $-6.40B
Slovak Republic $-6.66B
Hungary $-7.32B
Finland $-7.73B
Chile $-11.07B
Belgium $-13.99B
Greece $-20.69B
Italy $-30.98B
United Kingdom $-106.79B
France $-114.60B
Saudi Arabia Trade Balance - Historical Data
Year Billions of US $ % of GDP
2022 $185.08B 16.70%
2021 $73.49B 8.46%
2020 $0.66B 0.09%
2019 $66.92B 7.98%
2018 $105.33B 12.44%
2017 $38.02B 5.32%
2016 $2.75B 0.41%
2015 $-29.30B -4.38%
2014 $99.16B 12.93%
2013 $157.74B 20.92%
2012 $184.21B 24.83%
2011 $178.25B 26.34%
2010 $87.63B 16.59%
2009 $39.99B 9.32%
2008 $146.17B 28.12%
2007 $104.04B 25.01%
2006 $112.01B 29.72%
2005 $105.59B 32.15%
2004 $69.57B 26.89%
2003 $47.21B 21.88%
2002 $32.81B 17.30%
2001 $28.92B 15.71%
2000 $35.33B 18.64%
1999 $18.58B 11.49%
1998 $4.66B 3.18%
1997 $21.79B 13.13%
1996 $21.25B 13.39%
1995 $13.81B 9.63%
1994 $10.72B 7.93%
1993 $1.19B 0.90%
1992 $4.28B 3.12%
1991 $2.54B 1.92%
1990 $10.54B 8.96%
1989 $-4.13B -4.33%
1988 $-3.42B -3.88%
1987 $-5.37B -6.27%
1986 $-7.90B -9.08%
1985 $-6.83B -6.57%
1984 $-12.80B -10.70%
1983 $-11.89B -9.21%
1982 $17.80B 11.61%
1981 $60.31B 32.73%
1980 $59.49B 36.16%
1979 $23.06B 20.61%
1978 $6.20B 7.72%
1977 $18.44B 24.86%
1976 $22.71B 35.48%
1975 $24.14B 51.60%
1974 $22.59B 49.73%
1973 $11.78B 78.79%
1972 $4.19B 43.31%
1971 $2.59B 36.07%
1970 $1.57B 29.24%
1969 $1.04B 23.25%
1968 $0.96B 23.02%