Merchandise exports to high-income economies in Saudi Arabia

Saudi Arabia: Merchandise exports to high-income economies was 53.7% in 2023. ▼ Falling

Latest (2023)
53.7%
Change on year
up 2.3%
World rank
130th
of 206 countries
All-time high
91.0%
in 1969
All-time low
49.7%
in 2021
Years of data
60
1964–2023

Merchandise exports to high-income economies in Saudi Arabia, 1964–2023

020406080100196419932023

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.

Analysis

In 2023, merchandise exports to high-income economies in Saudi Arabia stood at 53.7%.

The figure is up 2.3% on the previous year and down 10.0% over ten years.

Over the whole period, merchandise exports to high-income economies in Saudi Arabia peaked at 91.0% in 1969 and was at its lowest, 49.7%, in 2021.

Saudi Arabia ranks 130th of 206 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 60 years of available data.

Merchandise exports to high-income economies in Saudi Arabia, year by year

Annual values for Merchandise exports to high-income economies (% of total merchandise exports) in Saudi Arabia, 1964 to 2023.
Year % of total merchandise exports Change
1964 89.0%
1965 89.9% +1.0%
1966 88.1% -2.0%
1967 89.6% +1.7%
1968 86.5% -3.5%
1969 91.0% +5.1%
1970 86.8% -4.6%
1971 87.5% +0.9%
1972 87.3% -0.2%
1973 86.0% -1.5%
1974 88.0% +2.3%
1975 88.6% +0.7%
1976 90.0% +1.5%
1977 89.7% -0.4%
1978 89.8% +0.1%
1979 90.3% +0.6%
1980 89.9% -0.4%
1981 87.9% -2.2%
1982 83.1% -5.5%
1983 76.8% -7.6%
1984 77.3% +0.8%
1985 76.5% -1.1%
1986 86.9% +13.6%
1987 86.7% -0.2%
1988 85.0% -2.0%
1989 87.3% +2.7%
1990 83.4% -4.4%
1991 83.4% -0.0%
1992 82.8% -0.7%
1993 81.9% -1.2%
1994 82.0% +0.2%
1995 81.6% -0.6%
1996 80.4% -1.5%
1997 81.5% +1.4%
1998 79.2% -2.7%
1999 77.1% -2.7%
2000 59.9% -22.3%
2001 59.9% -0.0%
2002 59.8% -0.1%
2003 59.9% +0.2%
2004 59.8% -0.1%
2005 59.8% +0.0%
2006 59.8% -0.0%
2007 59.8% -0.0%
2008 59.8% +0.0%
2009 59.8% -0.0%
2010 59.8% +0.0%
2011 59.8% -0.0%
2012 59.7% -0.2%
2013 59.7% +0.0%
2014 59.7% -0.0%
2015 59.7% -0.0%
2016 59.7% +0.0%
2017 60.5% +1.5%
2018 60.1% -0.8%
2019 53.0% -11.8%
2020 51.8% -2.3%
2021 49.7% -3.9%
2022 52.5% +5.5%
2023 53.7% +2.3%

Saudi Arabia compared with similar countries

  • Saudi Arabia's 53.7% is below the median for high income countries, which is 80.7%, 67% of the median. (74 countries reporting)
  • Saudi Arabia's 53.7% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 55.1%, 97% of the median. (23 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 89.0% 86.5% 91.0% 6
1970s 88.4% 86.0% 90.3% 10
1980s 83.7% 76.5% 89.9% 10
1990s 81.3% 77.1% 83.4% 10
2000s 59.8% 59.8% 59.9% 10
2010s 59.2% 53.0% 60.5% 10
2020s 51.9% 49.7% 53.7% 4

Countries ranked near Saudi Arabia

  1. 127 New Zealand 55.2% compare
  2. 128 Lebanon 55.1% compare
  3. 129 Qatar 55.0% compare
  4. 131 Oman 53.6% compare
  5. 132 South Korea 53.5% compare
  6. 133 Bahamas 52.1% compare

See the full ranking of 253 places →

More private sector data for Saudi Arabia

All data for Saudi Arabia →

Frequently asked questions

What is merchandise exports to high-income economies in Saudi Arabia?
Merchandise exports to high-income economies in Saudi Arabia was 53.7% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise exports to high-income economies recorded in Saudi Arabia?
The highest recorded value was 91.0% in 1969.
What is the lowest merchandise exports to high-income economies recorded in Saudi Arabia?
The lowest recorded value was 49.7% in 2021.
How does Saudi Arabia rank for merchandise exports to high-income economies?
Saudi Arabia ranks 130th out of 206 countries with data for 2023.
Is merchandise exports to high-income economies rising or falling in Saudi Arabia?
Over the last ten years it is down 10.0%. The long-run trend across the full record is falling.
Where does this Saudi Arabia data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to high-income economies (% of total merchandise exports). Statizoid updates them automatically from the source API.

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Merchandise exports to high-income economies in Saudi Arabia. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-to-high-income-economies-percent-of-total-merchandise-exports/saudi-arabia/

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About this data

Indicator
Merchandise exports to high-income economies (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 13,486 data points, 1960–2023
Last refreshed

Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.