Saudi Arabia Trade Balance 1968-2021

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 2019 was $66.92B, a 36.47% decline from 2018.
  • Saudi Arabia trade balance for 2018 was $105.33B, a 177.05% increase from 2017.
  • Saudi Arabia trade balance for 2017 was $38.02B, a 1282.53% increase from 2016.
  • Saudi Arabia trade balance for 2016 was $2.75B, a 109.39% decline from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Germany $223.82B
Singapore $103.75B
UAE $100.97B
Netherlands $94.60B
Switzerland $88.79B
Saudi Arabia $66.92B
Italy $61.14B
Ireland $55.88B
South Korea $47.72B
Spain $41.94B
Australia $35.07B
Poland $28.05B
Macao $26.96B
Denmark $25.73B
Luxembourg $25.59B
Qatar $25.28B
Sweden $18.87B
Czech Republic $15.10B
Austria $15.01B
Oman $10.89B
Argentina $10.03B
Israel $7.38B
Norway $7.07B
Hong Kong $6.21B
Hungary $5.10B
Slovenia $4.58B
Belgium $3.28B
Lithuania $2.85B
Malta $2.09B
Bermuda $1.84B
Uruguay $1.35B
Estonia $1.26B
Iceland $1.14B
Brunei $0.99B
Finland $0.85B
Portugal $0.55B
Slovak Republic $0.41B
Bahamas $0.35B
Barbados $0.02B
Greece $-0.02B
Croatia $-0.15B
Seychelles $-0.20B
Cyprus $-0.27B
Latvia $-0.29B
Chile $-1.02B
Panama $-2.55B
France $-26.59B
Canada $-29.31B
United Kingdom $-30.62B
United States $-610.47B
Saudi Arabia Trade Balance - Historical Data
Year Billions of US $ % of GDP
2019 $66.92B 8.44%
2018 $105.33B 13.39%
2017 $38.02B 5.52%
2016 $2.75B 0.43%
2015 $-29.30B -4.48%
2014 $99.16B 13.11%
2013 $157.74B 21.13%
2012 $184.21B 25.03%
2011 $178.25B 26.56%
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%