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 $78.49B, a 24.62% decline from 2018.
  • Saudi Arabia trade balance for 2018 was $104.12B, a 174.38% increase from 2017.
  • Saudi Arabia trade balance for 2017 was $37.95B, a 1279.98% increase from 2016.
  • Saudi Arabia trade balance for 2016 was $2.75B, a 107.74% decline from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Germany $224.49B
Singapore $103.75B
UAE $100.97B
Netherlands $97.50B
Switzerland $88.79B
Saudi Arabia $78.49B
Italy $61.48B
Ireland $55.88B
South Korea $48.32B
Spain $39.36B
Australia $35.87B
Poland $31.14B
Macao $26.96B
Luxembourg $25.59B
Qatar $25.25B
Denmark $23.43B
Sweden $18.76B
Austria $16.60B
Czech Republic $15.02B
Oman $12.04B
Argentina $9.83B
Norway $7.07B
Hong Kong $6.49B
Hungary $5.92B
Slovenia $4.91B
Lithuania $3.03B
Malta $2.99B
Uruguay $1.35B
Finland $1.31B
Estonia $1.25B
Iceland $1.14B
Slovak Republic $1.09B
Brunei $0.99B
Belgium $0.87B
Portugal $0.13B
St. Kitts and Nevis $0.05B
Latvia $0.03B
Barbados $0.02B
Greece $-0.02B
Cyprus $-0.10B
Seychelles $-0.30B
Croatia $-0.34B
Chile $-1.02B
France $-26.59B
Canada $-29.31B
United Kingdom $-33.05B
Saudi Arabia Trade Balance - Historical Data
Year Billions of US $ % of GDP
2019 $78.49B 9.90%
2018 $104.12B 13.24%
2017 $37.95B 5.51%
2016 $2.75B 0.43%
2015 $-35.54B -5.43%
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%