Saudi Arabia Trade Balance
Saudi Arabia Trade Balance recorded a surplus of 108.4 USD bn in Dec 2019, compared with a surplus of 157.3 USD bn in the previous year. Saudi Arabia Trade Balance data is updated yearly, available from Dec 1957 to Dec 2019, with an averaged value of 21.9 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 Arabian Monetary Authority average market exchange rate is used for currency conversions.
In the latest reports, Saudi Arabia Total Exports reached 15.4 USD bn in Oct 2020, a decrease of 31.1 % year on year. Total Imports recorded 11.1 USD bn in Oct 2020, a decrease of 3.3 % year on year.
View Saudi Arabia's Trade Balance from 1957 to 2019 in the chart:
What was Saudi Arabia's Trade Balance in 2019?
|108,440.2 2019||157,308.7 2018||308.7 1957||233,112.2 2011||USD mn||yearly||1957 - 2019|
Trade Balance by Country Comparison
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|Albania (USD mn)||-270.2 Nov 2020||monthly||Oct 1998 - Nov 2020|
|Algeria (USD mn)||-791.7 Jan 2020||monthly||Jan 2000 - Jan 2020|
|Argentina (USD mn)||141.2 Nov 2020||monthly||Jan 1991 - Nov 2020|
|Armenia (USD mn)||-197.4 Nov 2020||monthly||Nov 1995 - Nov 2020|
|Australia (USD mn)||3,651.0 Nov 2020||monthly||Jul 1971 - Nov 2020|
|Austria (USD mn)||-377.4 Oct 2020||monthly||Jan 1957 - Oct 2020|
|Azerbaijan (USD mn)||710.9 Oct 2020||monthly||Jan 2000 - Oct 2020|
|Bahrain (USD mn)||856.2 2019||yearly||1966 - 2019|
|Bangladesh (USD mn)||-915.4 Oct 2020||monthly||Jul 1986 - Oct 2020|
|Belarus (USD mn)||309.3 Oct 2020||monthly||Jan 2000 - Oct 2020|
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Saudi Arabia Key Series
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|Government and Public Finance||Last||Frequency||Range|
|Consolidated Fiscal Balance: % of GDP (%)||-4.5 2019||yearly||1969 - 2019|
|Consolidated Fiscal Balance (USD mn)||-35,359.733 2019||yearly||1969 - 2019|
|National Government Debt (USD mn)||180,780.0 2019||yearly||2004 - 2019|
|Government Debt: % of GDP (%)||29.5 Jun 2020||quarterly||Dec 2016 - Jun 2020|
|Forecast: Government Expenditure (SAR bn)||1,097.186 2025||yearly||1990 - 2025|
|Forecast: Government Net Debt (SAR bn)||1,193.245 2025||yearly||1991 - 2025|
|Forecast: Government Revenue (SAR bn)||1,083.696 2025||yearly||1991 - 2025|
|Public Debt (SAR mn)||69,839.000 2019||yearly||2004 - 2019|
|SA: Revenue: Social Contributions (SAR mn)||0.000 2018||yearly||2010 - 2018|
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