Saudi Arabia Trade Balance

1957 - 2024 | Yearly | USD mn | CEIC Data

Key information about Saudi Arabia's Trade Balance

  • Saudi Arabia's Trade Balance recorded a surplus of 72.5 USD bn in Dec 2024, compared with a surplus of 113.1 USD bn in the previous year
  • Saudi Arabia's Trade Balance data is updated yearly, available from Dec 1957 to Dec 2024, with an averaged value of 20.3 USD bn
  • The data reached an all-time high of 233.1 USD bn in Dec 2011 and a record low of 308.7 USD mn in Dec 1957
CEIC calculates annual Trade Balance from annual Total Exports and annual Total Imports and converts it into USD. General Authority for Statistics provides Total Exports and Total Imports in local currency. Saudi Central Bank average market exchange rate is used for currency conversions.

Further information about Saudi Arabia's Trade Balance

  • In the latest reports, Saudi Arabia's Total Exports reached 27.0 USD bn in Sep 2025, an increase of 2.8% YoY (year-on-year)
  • Total Imports recorded 20.1 USD bn in Sep 2025, an increase of 2.8% YoY (year-on-year)

View Saudi Arabia's Trade Balance from 1957 to 2024 in the chart:

Saudi Arabia Trade Balance

What was Saudi Arabia's Trade Balance in 2024?

Saudi Arabia's Trade Balance recorded a surplus of 72.5 USD bn in Dec 2024, compared with a surplus of 113.1 USD bn in the previous year See the table below for more data.

Last Previous Min Max Unit Frequency Range
72,543.2 2024 113,078.6 2023 308.7 1957 233,112.3 2011 USD mn yearly 1957 - 2024

Trade Balance by Country Comparison

country/region Last Frequency Range
Albania (USD mn) -515.1 Nov 2025 monthly Oct 1998 - Nov 2025
Algeria (USD mn) -274.8 Mar 2020 monthly Jan 2000 - Mar 2020
Argentina (USD mn) 2,333.1 Nov 2025 monthly Jan 1991 - Nov 2025
Armenia (USD mn) -477.2 Nov 2025 monthly Nov 1995 - Nov 2025
Australia (USD mn) 2,870.9 Oct 2025 monthly Jul 1971 - Oct 2025
Austria (USD mn) -270.9 Sep 2025 monthly Jan 1957 - Sep 2025
Azerbaijan (USD mn) 536.5 Oct 2025 monthly Jan 2000 - Oct 2025
Bahrain (USD mn) 3,607.2 2024 yearly 1966 - 2024
Bangladesh (USD mn) -1,770.9 Sep 2025 monthly Jul 1986 - Sep 2025
Belarus (USD mn) -224.2 Sep 2025 monthly Jan 2000 - Sep 2025
Belgium (USD mn) 3,897.9 Oct 2025 monthly Jan 1993 - Oct 2025
Bolivia (USD mn) 14.1 Oct 2025 monthly Oct 1994 - Oct 2025
Bosnia and Herzegovina (USD mn) -599.6 Sep 2025 monthly Jan 2000 - Sep 2025
Botswana (USD mn) -275.2 Oct 2025 monthly Jan 2001 - Oct 2025
Brazil (USD mn) 5,841.9 Nov 2025 monthly Jan 1959 - Nov 2025
Brunei (USD mn) 422.6 Oct 2025 monthly Jan 2010 - Oct 2025
Bulgaria (USD mn) -1,407.2 Oct 2025 monthly Jan 1995 - Oct 2025
Cambodia (USD mn) -581.2 Nov 2025 monthly Jan 2010 - Nov 2025
Canada (USD mn) 110.8 Sep 2025 monthly Jan 1988 - Sep 2025
Chile (USD mn) 1,897.8 Nov 2025 monthly Jan 1968 - Nov 2025
China (USD mn) 111,675.9 Nov 2025 monthly Jan 1992 - Nov 2025
Colombia (USD mn) -2,282.8 Oct 2025 monthly Jan 1958 - Oct 2025
Croatia (USD mn) -1,577.3 Aug 2025 monthly Jan 1993 - Aug 2025
Cyprus (USD mn) -889.9 Oct 2025 monthly Jan 1957 - Oct 2025
Czech Republic (USD mn) 3,055.0 Oct 2025 monthly Jan 1996 - Oct 2025
Denmark (USD mn) 4,740.9 Sep 2025 monthly Jan 1997 - Sep 2025
Ecuador (USD mn) 361.5 Oct 2025 monthly Mar 1992 - Oct 2025
Egypt (USD mn) -3,174.0 Oct 2025 monthly Jan 1957 - Oct 2025
Estonia (USD mn) -376.2 Oct 2025 monthly Jan 1993 - Oct 2025
European Union (USD mn) 13,705.3 Oct 2025 monthly Jan 2002 - Oct 2025
Finland (USD mn) 186.3 Oct 2025 monthly Jan 1992 - Oct 2025
France (USD mn) -7,719.6 Sep 2025 monthly Jan 2000 - Sep 2025
Georgia (USD mn) -675.3 Nov 2025 monthly Jan 1995 - Nov 2025
Germany (USD mn) 17,819.8 Sep 2025 monthly Jan 1957 - Sep 2025
Ghana (USD mn) 1,084.1 Oct 2025 monthly Mar 2005 - Oct 2025
Greece (USD mn) -3,089.4 Oct 2025 monthly Jan 2002 - Oct 2025
Hong Kong SAR, China (USD mn) -5,138.2 Oct 2025 monthly Jan 1957 - Oct 2025
Hungary (USD mn) 857.2 Oct 2025 monthly Jan 1976 - Oct 2025
Iceland (USD mn) -151.4 Oct 2025 monthly Jan 1957 - Oct 2025
India (USD mn) -24,530.0 Nov 2025 monthly Jan 1957 - Nov 2025
Indonesia (USD mn) 2,393.2 Oct 2025 monthly Jan 1967 - Oct 2025
Iran (USD mn) 43,142.0 2024 yearly 1948 - 2024
Ireland (USD mn) 4,997.8 Oct 2025 monthly Jan 1970 - Oct 2025
Israel (USD mn) -3,247.2 Nov 2025 monthly Jan 1988 - Nov 2025
Italy (USD mn) 3,226.9 Oct 2025 monthly Jan 1993 - Oct 2025
Ivory Coast (USD mn) 403.9 Aug 2025 monthly Jan 1981 - Aug 2025
Japan (USD mn) -27.9 Oct 2025 monthly Apr 1995 - Oct 2025
Jordan (USD mn) -1,199.6 Sep 2025 monthly Jan 1972 - Sep 2025
Kazakhstan (USD mn) 1,274.9 Oct 2025 monthly Sep 1995 - Oct 2025
Kenya (USD mn) -1,286.0 Oct 2025 monthly Oct 1992 - Oct 2025
South Korea (USD mn) 9,740.4 Nov 2025 monthly Jan 1966 - Nov 2025
Kosovo (USD mn) -617.0 Oct 2025 monthly Jan 2003 - Oct 2025
Kuwait (USD mn) 2,272.5 Jun 2025 monthly Jan 1993 - Jun 2025
Kyrgyzstan (USD mn) -856.5 Oct 2025 monthly Jan 2002 - Oct 2025
Laos (USD mn) 418.6 Sep 2025 quarterly Dec 1992 - Sep 2025
Latvia (USD mn) -336.9 Oct 2025 monthly Jan 1995 - Oct 2025
Lebanon (USD mn) -1,230.5 Aug 2025 monthly Jan 1993 - Aug 2025
Lithuania (USD mn) -523.9 Oct 2025 monthly Jan 1999 - Oct 2025
Luxembourg (USD mn) -1,192.9 Oct 2025 monthly Jan 1988 - Oct 2025
Macau SAR, China (USD mn) -1,239.3 Oct 2025 monthly Jan 1998 - Oct 2025
North Macedonia (USD mn) -393.9 Oct 2025 monthly Dec 1993 - Oct 2025
Malawi (USD mn) -173.1 Jul 2025 monthly Jan 1964 - Jul 2025
Malaysia (USD mn) 1,716.8 Nov 2025 monthly Jan 1990 - Nov 2025
Malta (USD mn) -332.9 Oct 2025 monthly Jan 1960 - Oct 2025
Mauritius (USD mn) -481.9 Oct 2025 monthly Jan 2006 - Oct 2025
Mexico (USD mn) -274.1 Nov 2025 monthly Jan 1993 - Nov 2025
Moldova (USD mn) -591.6 Sep 2025 monthly Jan 1992 - Sep 2025
Mongolia (USD mn) 677.6 Oct 2025 monthly Jan 1997 - Oct 2025
Montenegro (USD mn) -319.9 Nov 2025 monthly Jan 2005 - Nov 2025
Morocco (USD mn) -4,124.6 Oct 2025 monthly Jan 1957 - Oct 2025
Mozambique (USD mn) -85.3 Jun 2025 monthly Jan 2011 - Jun 2025
Myanmar (USD mn) 183.9 Jul 2022 monthly Jan 1957 - Jul 2022
Nepal (USD mn) -853.3 Nov 2025 monthly Aug 1974 - Nov 2025
Netherlands (USD mn) 14,517.5 Oct 2025 monthly Jan 1996 - Oct 2025
New Zealand (USD mn) -92.3 Nov 2025 monthly Jan 1960 - Nov 2025
Nigeria (USD mn) 2,213.2 Jun 2025 monthly Jan 2003 - Jun 2025
Norway (USD mn) 4,067.1 Nov 2025 monthly Jan 1957 - Nov 2025
Oman (USD mn) 1,828.3 Oct 2025 monthly Jan 1975 - Oct 2025
Pakistan (USD mn) -3,282.8 Oct 2025 monthly Jan 1968 - Oct 2025
Palestinian Territory (USD mn) -491.1 Sep 2025 monthly Jan 2011 - Sep 2025
Panama (USD mn) -1,324.4 Oct 2025 monthly Jan 1964 - Oct 2025
Paraguay (USD mn) -202.7 Nov 2025 monthly Jan 1994 - Nov 2025
Peru (USD mn) 4,233.1 Oct 2025 monthly Jan 1985 - Oct 2025
Philippines (USD mn) -3,513.6 Nov 2025 monthly Jan 1957 - Nov 2025
Poland (USD mn) 905.8 Oct 2025 monthly Jan 1986 - Oct 2025
Portugal (USD mn) -3,264.9 Oct 2025 monthly Jan 1957 - Oct 2025
Qatar (USD mn) 3,724.7 Oct 2025 monthly Jan 2014 - Oct 2025
Romania (USD mn) -3,498.4 Oct 2025 monthly Aug 1990 - Oct 2025
Russia (USD mn) 15,396.1 Sep 2025 monthly Jan 1998 - Sep 2025
Saudi Arabia (USD mn) 72,543.2 2024 yearly 1957 - 2024
Serbia (USD mn) -806.5 Oct 2025 monthly Jan 2001 - Oct 2025
Singapore (USD mn) 5,887.1 Nov 2025 monthly Jan 1976 - Nov 2025
Slovakia (USD mn) 502.8 Sep 2025 monthly Jan 2004 - Sep 2025
Slovenia (USD mn) -494.3 Oct 2025 monthly Nov 1991 - Oct 2025
South Africa (USD mn) 902.1 Oct 2025 monthly Oct 2004 - Oct 2025
Spain (USD mn) -4,878.7 Oct 2025 monthly Nov 1975 - Oct 2025
Sri Lanka (USD mn) -1,007.4 Oct 2025 monthly Jan 1982 - Oct 2025
Sudan (USD mn) -260.4 Jun 2025 monthly Jan 2003 - Jun 2025
Sweden (USD mn) 159.1 Oct 2025 monthly Jan 1957 - Oct 2025
Switzerland (USD mn) -790.7 Nov 2025 monthly Jan 1957 - Nov 2025

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Saudi Arabia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.8 2024 yearly 1969 - 2024
Consolidated Fiscal Balance (USD mn) -30,833.284 2024 yearly 1969 - 2024
National Government Debt (USD mn) 324,244.9 2024 yearly 2004 - 2024
Government Debt: % of GDP (%) 30.8 Sep 2025 quarterly Dec 2016 - Sep 2025
Forecast: Government Expenditure (SAR bn) 1,570.660 2030 yearly 1990 - 2030
Forecast: Government Net Debt (SAR bn) 2,434.591 2030 yearly 1991 - 2030
Forecast: Government Revenue (SAR bn) 1,369.127 2030 yearly 1991 - 2030
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.415 2028 yearly 1980 - 2028
Trade Balance (USD mn) 72,543.2 2024 yearly 1957 - 2024
Total Exports (USD mn) 27,730.0 Oct 2025 monthly Jan 2015 - Oct 2025
Total Exports Growth (%) 11.8 Oct 2025 monthly Jan 2016 - Oct 2025
Aluminum: Exports (USD th) 1,915,621.520 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 671,571.662 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 35,252.915 2024 yearly 1995 - 2024
Total Imports (USD mn) 21,354.3 Oct 2025 monthly Jan 2005 - Oct 2025
Total Imports Growth (%) 4.3 Oct 2025 monthly Jan 2006 - Oct 2025
Imports: Medicament (USD th) 5,819,315.215 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 3,075,289.073 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 1,388.260 Oct 2025 monthly Jan 2017 - Oct 2025
Total Imports from USA (USD mn) 1,864.438 Oct 2025 monthly Jan 2005 - Oct 2025
Total Exports to China (USD mn) 3,914.908 Oct 2025 monthly Jan 2017 - Oct 2025
Total Imports from China (USD mn) 5,292.617 Oct 2025 monthly Jan 1981 - Oct 2025
Exports: India (SAR mn) 10,256.258 Oct 2025 monthly Jan 2017 - Oct 2025
Exports: South Korea (SAR mn) 7,377.008 Oct 2025 monthly Jan 2017 - Oct 2025
Exports: ow China (SAR mn) 14,680.904 Oct 2025 monthly Jan 2017 - Oct 2025
Exports: ow USA (SAR mn) 5,205.974 Oct 2025 monthly Jan 2017 - Oct 2025
Exports: Value: Non Oil (SAR mn) 19,555.77 Apr 2018 monthly Jan 2005 - Apr 2018
Exports: Value: Oil (SAR mn) 68,943.34 Apr 2018 monthly May 2016 - Apr 2018
Exports: Value: Crude Petroleum (SAR mn) 513,181.000 2017 yearly 1953 - 2017
Exports: Value: Petroleum Products (SAR mn) 125,222.000 2017 yearly 1970 - 2017
Exports: Value: Asia: India (SAR mn) 113,354.282 2023 yearly 1984 - 2023
Exports: Value: Asia: South Korea (SAR mn) 107,208.022 2023 yearly 1984 - 2023
Exports: Value: North America: USA (SAR mn) 58,495.428 2023 yearly 1984 - 2023
Exports: Value: Asia: Japan (SAR mn) 121,831.325 2023 yearly 1984 - 2023
Exports: Value: Asia: China Mainland (SAR mn) 199,331.298 2023 yearly 1984 - 2023
Imports: Value: European Union: Germany (SAR mn) 34,218.595 2023 yearly 1984 - 2023
Imports: Value: Asia: South Korea (SAR mn) 22,618.912 2023 yearly 1984 - 2023
Imports: Value: Asia: China Mainland (SAR mn) 162,549.731 2023 yearly 1984 - 2023
Imports: Value: North America: USA (SAR mn) 70,584.316 2023 yearly 1984 - 2023
Imports: Value: Asia: Japan (SAR mn) 30,693.439 2023 yearly 1984 - 2023
Export Value Index (2015=100) 135.681 2021 yearly 1980 - 2021
Import Value Index (2015=100) 87.505 2021 yearly 1980 - 2021
Export Volume Index (2015=100) 115.814 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 104.491 2021 yearly 2000 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2,674.7 Jun 2025 quarterly Mar 2006 - Jun 2025
Current Account Balance (USD mn) -14,396.8 Jun 2025 quarterly Mar 2006 - Jun 2025
Current Account Balance: % of GDP (%) -4.6 Jun 2025 quarterly Mar 2006 - Jun 2025
Foreign Direct Investment (USD mn) 6,085.8 Jun 2025 quarterly Mar 2006 - Jun 2025
Foreign Direct Investment: % of GDP (%) 1.9 Jun 2025 quarterly Mar 2006 - Jun 2025
Foreign Portfolio Investment (USD mn) 7,640.716 Jun 2025 quarterly Mar 2008 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) 2.4 Jun 2025 quarterly Mar 2008 - Jun 2025
Forecast: Current Account Balance (USD bn) -47.154 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) 780,877.427 2024 yearly 2007 - 2024
BoP: USD: FA: Portfolio Investment: Liabilities (USD mn) 7,640.716 Jun 2025 quarterly Mar 2008 - Jun 2025
BoP: USD: Errors and Omissions (USD mn) 1,509.358 Jun 2025 quarterly Mar 2006 - Jun 2025
BoP: USD: CA: Goods & Services: Services: Credit (USD mn) 16,573.959 Jun 2025 quarterly Mar 2006 - Jun 2025
BoP: USD: FA: Other Investment (USD mn) -17,689.915 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Other Investment: Assets (USD mn) 3,644.042 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Secondary Income (USD mn) -13,383.060 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Portfolio Investment: Assets (USD mn) 17,690.709 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Portfolio Investment (USD mn) 11,646.630 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Other Investment: Liabilities (USD mn) 21,333.957 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Goods & Services: Services: Debit (USD mn) 26,126.658 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Reserve Assets (USD mn) -10,805.656 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: Financial Account (FA) (USD mn) -16,358.424 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Goods & Services: Goods: Credit (USD mn) 73,942.498 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Goods & Services: Goods: Debit (USD mn) 54,477.369 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Primary Income: Credit (USD mn) 9,890.738 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Primary Income: Debit (USD mn) 8,751.144 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Direct Investment: Assets (USD mn) 4,746.140 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: FA: Direct Investment (USD mn) 490.518 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Goods & Services: Services (USD mn) -16,011.717 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Primary Income (USD mn) 1,139.594 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: USD: CA: Goods & Services: Goods (USD mn) 19,465.129 Sep 2024 quarterly Mar 2006 - Sep 2024
IIP: Assets (SAR mn) 5,362,114.700 2023 yearly 2007 - 2023
International Investment Position (IIP) (SAR mn) 2,869,572.875 2023 yearly 2007 - 2023
IIP: Liabilities (SAR mn) 2,492,541.825 2023 yearly 2007 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.2 Jun 2025 quarterly Mar 2009 - Jun 2025
Household Debt: % of GDP (%) 10.7 Sep 2025 quarterly Dec 2003 - Sep 2025
Money Supply M1 (USD mn) 441,573.553 Oct 2025 monthly Jan 1993 - Oct 2025
Money Supply M2 (USD mn) 751,073.852 Oct 2025 monthly Jan 1993 - Oct 2025
M2 Growth (%) 7.4 Oct 2025 monthly Jan 1994 - Oct 2025
Reserve Requirement Ratio (%) 7.0 Oct 2025 monthly Mar 1980 - Oct 2025
Foreign Exchange Reserves (USD mn) 417,090.6 Oct 2025 monthly Jan 2001 - Oct 2025
Foreign Exchange Reserves: % of GDP (%) 33.447 Sep 2025 quarterly Dec 2003 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 21.3 2024 yearly 1957 - 2024
Gold Reserves (USD mn) 432.934 Nov 2025 monthly Dec 1957 - Nov 2025
Total Deposits (USD mn) 772,745.600 Oct 2025 monthly Jan 1993 - Oct 2025
Total Deposits Growth (%) 7.0 Oct 2025 monthly Jan 1994 - Oct 2025
Domestic Credit (USD mn) 279,406.0 Feb 2018 monthly Oct 1983 - Feb 2018
Domestic Credit Growth (%) 21.6 Dec 2017 quarterly Mar 1969 - Dec 2017
Credit to Households (USD bn) 393.394 Jun 2025 quarterly Mar 1998 - Jun 2025
Credit to Private Non-Financial Sector (USD bn) 962.826 Jun 2025 quarterly Mar 1993 - Jun 2025
Household Debt (USD mn) 135,984.3 Sep 2025 quarterly Mar 1998 - Sep 2025
Total Loans (USD mn) 873,364.195 Oct 2025 monthly Jan 1997 - Oct 2025
Total Loans Growth (%) 13.58 Oct 2025 monthly Jan 1998 - Oct 2025
Private Debt: % of Nominal GDP (%) 64.59 Sep 2025 quarterly Dec 2003 - Sep 2025
Base Money (SAR mn) 428,478.237 Nov 2025 monthly Jan 2000 - Nov 2025
Money Supply: M3: M2 (SAR mn) 2,816,526.945 Oct 2025 monthly Jan 1993 - Oct 2025
Official Reserve Assets (SAR mn) 1,739,556.646 Nov 2025 monthly Jan 2001 - Nov 2025
Monetary Survey: Liabilities: Money & Quasi Money (SAR mn) 2,966,139.988 Jan 2025 monthly Jan 1993 - Jan 2025
Money Supply: M3: M2: M1 (SAR mn) 1,679,825.606 Jan 2025 monthly Jan 1993 - Jan 2025
Official Reserve Assets: Foreign Currency and Deposits Abroad (SAR mn) 553,046.279 Jan 2025 monthly Jan 2001 - Jan 2025
Official Reserve Assets: Gold (SAR mn) 1,623.503 Feb 2019 monthly Jan 2001 - Feb 2019
Banks Deposits: Demand: Business and Individuals (SAR mn) 1,159,721.488 Jan 2025 monthly Jan 1993 - Jan 2025
Banks Deposits (SAR mn) 2,732,425.928 Jan 2025 monthly Jan 1993 - Jan 2025
Bank Loans: Consumer (SAR mn) 470,985.975 Dec 2024 quarterly Mar 1998 - Dec 2024

More Indicators for Saudi Arabia

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