Merchandise exports by the reporting economy in Saudi Arabia
Saudi Arabia: Merchandise exports by the reporting economy was 322.17 billion current US$ in 2023. ◆ Volatile
Latest (2023)
322.17 billion current US$
Change on year
down 20.9%
World rank
23rd
of 206 countries
All-time high
520.28 billion current US$
in 2012
All-time low
1.06 billion current US$
in 1964
Years of data
60
1964–2023
Merchandise exports by the reporting economy in Saudi Arabia, 1964–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2023, merchandise exports by the reporting economy in Saudi Arabia stood at 322.17 billion current US$.
The figure is down 20.9% on the previous year and down 32.2% over ten years.
Over the whole period, merchandise exports by the reporting economy in Saudi Arabia peaked at 520.28 billion current US$ in 2012 and was at its lowest, 1.06 billion current US$, in 1964.
That places Saudi Arabia 23rd out of 206 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy in Saudi Arabia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1964 | 1.06 billion current US$ | — |
| 1965 | 1.20 billion current US$ | +12.5% |
| 1966 | 1.39 billion current US$ | +16.5% |
| 1967 | 1.60 billion current US$ | +14.6% |
| 1968 | 1.82 billion current US$ | +14.1% |
| 1969 | 1.89 billion current US$ | +4.1% |
| 1970 | 2.13 billion current US$ | +12.1% |
| 1971 | 3.21 billion current US$ | +51.1% |
| 1972 | 4.38 billion current US$ | +36.6% |
| 1973 | 7.37 billion current US$ | +68.1% |
| 1974 | 28.88 billion current US$ | +291.9% |
| 1975 | 26.98 billion current US$ | -6.6% |
| 1976 | 34.93 billion current US$ | +29.5% |
| 1977 | 40.08 billion current US$ | +14.8% |
| 1978 | 36.05 billion current US$ | -10.1% |
| 1979 | 55.79 billion current US$ | +54.7% |
| 1980 | 96.90 billion current US$ | +73.7% |
| 1981 | 108.42 billion current US$ | +11.9% |
| 1982 | 73.55 billion current US$ | -32.2% |
| 1983 | 45.03 billion current US$ | -38.8% |
| 1984 | 35.96 billion current US$ | -20.1% |
| 1985 | 26.11 billion current US$ | -27.4% |
| 1986 | 19.32 billion current US$ | -26.0% |
| 1987 | 22.25 billion current US$ | +15.2% |
| 1988 | 23.12 billion current US$ | +3.9% |
| 1989 | 27.90 billion current US$ | +20.6% |
| 1990 | 44.17 billion current US$ | +58.3% |
| 1991 | 47.49 billion current US$ | +7.5% |
| 1992 | 50.18 billion current US$ | +5.7% |
| 1993 | 42.18 billion current US$ | -15.9% |
| 1994 | 42.47 billion current US$ | +0.7% |
| 1995 | 49.47 billion current US$ | +16.5% |
| 1996 | 60.10 billion current US$ | +21.5% |
| 1997 | 60.69 billion current US$ | +1.0% |
| 1998 | 38.72 billion current US$ | -36.2% |
| 1999 | 48.87 billion current US$ | +26.2% |
| 2000 | 140.57 billion current US$ | +187.6% |
| 2001 | 127.45 billion current US$ | -9.3% |
| 2002 | 125.50 billion current US$ | -1.5% |
| 2003 | 168.99 billion current US$ | +34.7% |
| 2004 | 209.92 billion current US$ | +24.2% |
| 2005 | 284.89 billion current US$ | +35.7% |
| 2006 | 319.25 billion current US$ | +12.1% |
| 2007 | 328.14 billion current US$ | +2.8% |
| 2008 | 471.37 billion current US$ | +43.6% |
| 2009 | 214.58 billion current US$ | -54.5% |
| 2010 | 297.80 billion current US$ | +38.8% |
| 2011 | 458.54 billion current US$ | +54.0% |
| 2012 | 520.28 billion current US$ | +13.5% |
| 2013 | 475.17 billion current US$ | -8.7% |
| 2014 | 442.85 billion current US$ | -6.8% |
| 2015 | 244.61 billion current US$ | -44.8% |
| 2016 | 206.68 billion current US$ | -15.5% |
| 2017 | 220.36 billion current US$ | +6.6% |
| 2018 | 295.39 billion current US$ | +34.0% |
| 2019 | 259.37 billion current US$ | -12.2% |
| 2020 | 180.85 billion current US$ | -30.3% |
| 2021 | 278.83 billion current US$ | +54.2% |
| 2022 | 407.41 billion current US$ | +46.1% |
| 2023 | 322.17 billion current US$ | -20.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.49 billion current US$ | 1.06 billion current US$ | 1.89 billion current US$ | 6 |
| 1970s | 23.98 billion current US$ | 2.13 billion current US$ | 55.79 billion current US$ | 10 |
| 1980s | 47.86 billion current US$ | 19.32 billion current US$ | 108.42 billion current US$ | 10 |
| 1990s | 48.43 billion current US$ | 38.72 billion current US$ | 60.69 billion current US$ | 10 |
| 2000s | 239.07 billion current US$ | 125.50 billion current US$ | 471.37 billion current US$ | 10 |
| 2010s | 342.10 billion current US$ | 206.68 billion current US$ | 520.28 billion current US$ | 10 |
| 2020s | 297.32 billion current US$ | 180.85 billion current US$ | 407.41 billion current US$ | 4 |
Countries ranked near Saudi Arabia
More private sector data for Saudi Arabia
- Merchandise trade 44.2% (2025)
- Food imports 13.0% (2024)
- Manufactures imports 70.5% (2024)
- Merchandise imports 254.06 billion current US$ (2025)
- Food exports 1.9% (2024)
- Manufactures exports 15.9% (2024)
- Merchandise exports 310.67 billion current US$ (2025)
- Merchandise exports (current US$), per capita 8,403 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2433 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 1.69 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy in Saudi Arabia?
- Merchandise exports by the reporting economy in Saudi Arabia was 322.17 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy recorded in Saudi Arabia?
- The highest recorded value was 520.28 billion current US$ in 2012.
- What is the lowest merchandise exports by the reporting economy recorded in Saudi Arabia?
- The lowest recorded value was 1.06 billion current US$ in 1964.
- How does Saudi Arabia rank for merchandise exports by the reporting economy?
- Saudi Arabia ranks 23rd out of 206 countries with data for 2023.
- Is merchandise exports by the reporting economy rising or falling in Saudi Arabia?
- Over the last ten years it is down 32.2%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.