Saudi Arabia Trade Balance

1957 - 2020 | Yearly | USD mn | CEIC Data

Key information about Saudi Arabia's Trade Balance

  • Saudi Arabia's Trade Balance recorded a surplus of 35.9 USD bn in Dec 2020, compared with a surplus of 108.4 USD bn in the previous year.
  • Saudi Arabia's Trade Balance data is updated yearly, available from Dec 1957 to Dec 2020, with an averaged value of 22.3 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 Arabian Monetary Authority average market exchange rate is used for currency conversions.
  • In the latest reports, Saudi Arabia's Total Exports reached 17.5 USD bn in Feb 2021, an increase of 6.2% YoY (year-on-year).
  • Total Imports recorded 13.2 USD bn in Mar 2021, a decrease of 6.2% YoY (year-on-year).

View Saudi Arabia's Trade Balance from 1957 to 2020 in the chart:

Saudi Arabia Trade Balance

What was Saudi Arabia's Trade Balance in 2020?

Saudi Arabia's Trade Balance recorded a surplus of 35.9 USD bn in Dec 2020, compared with a surplus of 108.4 USD bn in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
35,856.4 2020 108,440.0 2019 308.7 1957 233,112.3 2011 USD mn yearly 1957 - 2020

Trade Balance by Country Comparison

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Includes Trade Balance on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (USD mn) -381.8 Jul 2021 monthly Oct 1998 - Jul 2021
Algeria (USD mn) -791.7 Jan 2020 monthly Jan 2000 - Jan 2020
Argentina (USD mn) 1,576.3 Jul 2021 monthly Jan 1991 - Jul 2021
Armenia (USD mn) -198.9 Jul 2021 monthly Nov 1995 - Jul 2021
Australia (USD mn) 8,729.8 Jul 2021 monthly Jul 1971 - Jul 2021
Austria (USD mn) -1,875.0 Jun 2021 monthly Jan 1957 - Jun 2021
Azerbaijan (USD mn) 1,675.2 Jul 2021 monthly Jan 2000 - Jul 2021
Bahrain (USD mn) -127.1 2020 yearly 1966 - 2020
Bangladesh (USD mn) -2,575.5 Jun 2021 monthly Jul 1986 - Jun 2021
Belarus (USD mn) 303.1 Jul 2021 monthly Jan 2000 - Jul 2021
Belgium (USD mn) 2,078.3 May 2021 monthly Jan 1993 - May 2021
Bolivia (USD mn) 194.8 Jul 2021 monthly Oct 1994 - Jul 2021
Bosnia and Herzegovina (USD mn) -310.7 Mar 2021 monthly Jan 2000 - Mar 2021
Botswana (USD mn) -57.0 Jun 2021 monthly Jan 2001 - Jun 2021
Brazil (USD mn) 7,637.5 Aug 2021 monthly Jan 1959 - Aug 2021
Brunei (USD mn) -385.2 Jun 2021 monthly Jan 2003 - Jun 2021
Bulgaria (USD mn) -498.1 Jun 2021 monthly Jan 1995 - Jun 2021
Cambodia (USD mn) -973.0 Jun 2021 monthly Jun 2013 - Jun 2021
Canada (USD mn) 621.0 Jul 2021 monthly Jan 1988 - Jul 2021
Chile (USD mn) 5.6 Aug 2021 monthly Jan 1968 - Aug 2021
China (USD mn) 58,331.2 Aug 2021 monthly Jan 1981 - Aug 2021
Colombia (USD mn) -1,876.0 Jun 2021 monthly Jan 1958 - Jun 2021
Croatia (USD mn) -858.4 May 2021 monthly Jan 1993 - May 2021
Cyprus (USD mn) -538.5 Jul 2021 monthly Jan 1957 - Jul 2021
Czech Republic (USD mn) 913.0 Jul 2021 monthly Jan 1996 - Jul 2021
Denmark (USD mn) 507.3 Jul 2021 monthly Jan 1997 - Jul 2021
Ecuador (USD mn) 22.2 Jul 2021 monthly Jan 1965 - Jul 2021
Egypt (USD mn) -2,876.0 Jul 2021 monthly Jan 1957 - Jul 2021
Estonia (USD mn) -186.0 Jul 2021 monthly Jan 1993 - Jul 2021
European Union (USD mn) 10,161.4 Jun 2021 monthly Jan 2002 - Jun 2021
Finland (USD mn) -543.8 Jul 2021 monthly Jan 1992 - Jul 2021
France (USD mn) -8,223.9 Jul 2021 monthly Jan 2000 - Jul 2021
Georgia (USD mn) -499.9 Aug 2021 monthly Jan 1995 - Aug 2021
Germany (USD mn) 21,171.4 Jul 2021 monthly Jan 1957 - Jul 2021
Ghana (USD mn) 392.3 Dec 2020 monthly Mar 2005 - Dec 2020
Greece (USD mn) -2,507.3 Jul 2021 monthly Jan 2002 - Jul 2021
Hong Kong SAR, China (USD mn) -4,501.8 Jul 2021 monthly Jan 1957 - Jul 2021
Hungary (USD mn) -235.4 Jul 2021 monthly Jan 1976 - Jul 2021
Iceland (USD mn) -85.4 Jul 2021 monthly Jan 1957 - Jul 2021
India (USD mn) -13,870.0 Aug 2021 monthly Jan 1957 - Aug 2021
Indonesia (USD mn) 2,598.6 Jul 2021 monthly Jan 1967 - Jul 2021
Iran (USD mn) 594,735,573.2 2015 yearly 1950 - 2015
Ireland (USD mn) 6,096.2 May 2021 monthly Jan 1970 - May 2021
Israel (USD mn) -3,117.5 Jul 2021 monthly Jan 1988 - Jul 2021
Italy (USD mn) 5,613.2 Jun 2021 monthly Jan 1993 - Jun 2021
Ivory Coast (USD mn) -32.3 May 2021 monthly Jan 1981 - May 2021
Japan (USD mn) 478.3 Jul 2021 monthly Apr 1995 - Jul 2021
Jordan (USD mn) -842.1 Jun 2021 monthly Jan 1972 - Jun 2021
Kazakhstan (USD mn) 1,655.9 May 2021 monthly Sep 1995 - May 2021
Kenya (USD mn) -959.3 Jun 2021 monthly Oct 1992 - Jun 2021
South Korea (USD mn) 1,646.2 Aug 2021 monthly Jan 1957 - Aug 2021
Kosovo (USD mn) -434.7 Jul 2021 monthly Jan 2003 - Jul 2021
Kuwait (USD mn) 1,817.0 Mar 2021 monthly Jan 1993 - Mar 2021
Kyrgyzstan (USD mn) -331.5 Jun 2021 monthly Jan 2002 - Jun 2021
Laos (USD mn) 250.6 Dec 2020 quarterly Dec 1992 - Dec 2020
Latvia (USD mn) -472.3 Jul 2021 monthly Jan 1995 - Jul 2021
Lebanon (USD mn) -723.4 Nov 2020 monthly Jan 1993 - Nov 2020
Lithuania (USD mn) -333.8 Jun 2021 monthly Jan 1999 - Jun 2021
Luxembourg (USD mn) -699.0 Jun 2021 monthly Jan 1988 - Jun 2021
Macau SAR, China (USD mn) -1,783.1 Jul 2021 monthly Jan 1998 - Jul 2021
North Macedonia (USD mn) -252.9 Jul 2021 monthly Dec 1993 - Jul 2021
Malawi (USD mn) -112.8 Jan 2021 monthly Jan 1964 - Jan 2021
Malaysia (USD mn) 2,895.9 Jul 2021 monthly Jan 1990 - Jul 2021
Malta (USD mn) -616.7 Jul 2021 monthly Jan 1960 - Jul 2021
Mauritius (USD mn) -247.2 Jun 2021 monthly Jan 2006 - Jun 2021
Mexico (USD mn) -2,905.9 Mar 2021 monthly Jan 1993 - Mar 2021
Moldova (USD mn) -362.9 Jun 2021 monthly Jan 2004 - Jun 2021
Mongolia (USD mn) 53.3 Jul 2021 monthly Jan 1997 - Jul 2021
Montenegro (USD mn) -278.3 Jul 2021 monthly Jan 2005 - Jul 2021
Morocco (USD mn) -2,228.9 Jul 2021 monthly Jan 1957 - Jul 2021
Mozambique (USD mn) -177.1 Dec 2020 monthly Jan 2011 - Dec 2020
Myanmar (USD mn) 80.3 Mar 2021 monthly Jan 1957 - Mar 2021
Nepal (USD mn) -1,149.5 Jul 2021 monthly Aug 1974 - Jul 2021
Netherlands (USD mn) 6,898.7 Jul 2021 monthly Jan 1996 - Jul 2021
New Zealand (USD mn) -280.5 Jul 2021 monthly Jan 1957 - Jul 2021
Nigeria (USD mn) -1,658.6 Jun 2021 monthly Jan 2003 - Jun 2021
Norway (USD mn) 4,803.3 Jul 2021 monthly Jan 1957 - Jul 2021
Oman (USD mn) 1,702.2 May 2021 monthly Jan 1975 - May 2021
Pakistan (USD mn) -4,229.0 Aug 2021 monthly Jan 1968 - Aug 2021
Palestinian Territory (USD mn) -352.0 Feb 2021 monthly Jan 2011 - Feb 2021
Panama (USD mn) -476.0 Jun 2021 monthly Jan 1964 - Jun 2021
Paraguay (USD mn) 34.2 Aug 2021 monthly Jan 1994 - Aug 2021
Peru (USD mn) 916.3 Jul 2021 monthly Jan 1957 - Jul 2021
Philippines (USD mn) -3,290.9 Jul 2021 monthly Jan 1957 - Jul 2021
Poland (USD mn) 711.1 Jun 2021 monthly Jan 1986 - Jun 2021
Portugal (USD mn) -1,765.0 Jul 2021 monthly Jan 1957 - Jul 2021
Qatar (USD mn) 3,620.9 Mar 2021 monthly Jan 2014 - Mar 2021
Romania (USD mn) -2,583.6 Jul 2021 monthly Aug 1990 - Jul 2021
Russia (USD mn) 23,516.8 Jul 2021 monthly Jan 1998 - Jul 2021
Saudi Arabia (USD mn) 35,856.4 2020 yearly 1957 - 2020
Serbia (USD mn) -728.2 Jul 2021 monthly Jan 2001 - Jul 2021
Singapore (USD mn) 2,931.5 Jul 2021 monthly Jan 1976 - Jul 2021
Slovakia (USD mn) -12.7 Jul 2021 monthly Jan 2004 - Jul 2021
Slovenia (USD mn) -44.3 Jul 2021 monthly Nov 1991 - Jul 2021
South Africa (USD mn) 2,542.9 Jul 2021 monthly Oct 2004 - Jul 2021
Spain (USD mn) -2,396.8 Jun 2021 monthly Jan 1985 - Jun 2021
Sri Lanka (USD mn) -606.6 Jul 2021 monthly Jan 1982 - Jul 2021
Sudan (USD mn) -406.6 Jun 2021 monthly Jan 2003 - Jun 2021
Sweden (USD mn) 823.1 Jul 2021 monthly Jan 1957 - Jul 2021
Switzerland (USD mn) 6,736.5 Jul 2021 monthly Jan 1957 - Jul 2021

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Saudi Arabia Key Series

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Includes 189 key indicators for Saudi Arabia, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -7.1 2020 yearly 1969 - 2020
Consolidated Fiscal Balance (USD mn) -49,849.333 2020 yearly 1969 - 2020
National Government Debt (USD mn) 227,604.0 2020 yearly 2004 - 2020
Government Debt: % of GDP (%) 32.5 Dec 2020 quarterly Dec 2016 - Dec 2020
Forecast: Government Expenditure (SAR bn) 1,056.730 2026 yearly 1990 - 2026
Forecast: Government Net Debt (SAR bn) 1,130.560 2026 yearly 1991 - 2026
Forecast: Government Revenue (SAR bn) 1,050.470 2026 yearly 1991 - 2026
SA: Revenue: Social Contributions (SAR mn) 0.000 2019 yearly 2010 - 2019
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.199 2026 yearly 1980 - 2026
Trade Balance (USD mn) 35,856.4 2020 yearly 1957 - 2020
Total Exports (USD mn) 17,540.4 Feb 2021 monthly May 2016 - Feb 2021
Total Exports Growth (%) 3.0 Feb 2021 monthly May 2017 - Feb 2021
Aluminum: Exports (USD th) 1,391,831.503 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 386,335.162 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 22,691.791 2020 yearly 1995 - 2020
Total Imports (USD mn) 13,172.4 Mar 2021 monthly Jan 2005 - Mar 2021
Total Imports Growth (%) -6.2 Feb 2021 monthly Jan 2006 - Feb 2021
Imports: Medicament (USD th) 4,012,813.958 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 1,181,932.702 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 547.113 Nov 2020 monthly Jan 2017 - Nov 2020
Total Imports from USA (USD mn) 891.815 Feb 2021 monthly Jan 2005 - Feb 2021
Total Exports to China (USD mn) 3,822.992 Mar 2021 monthly Jan 2017 - Mar 2021
Total Imports from China (USD mn) 2,499.993 Mar 2021 monthly Jan 1981 - Mar 2021
Exports: Value: Non Oil (SAR mn) 19,555.77 Apr 2018 monthly Jan 2005 - Apr 2018
Exports: Value: Petroleum Products (SAR mn) 125,222.000 2017 yearly 1970 - 2017
Exports: Value: Crude Petroleum (SAR mn) 513,181.000 2017 yearly 1953 - 2017
Exports: Value: Oil (SAR mn) 68,943.34 Apr 2018 monthly May 2016 - Apr 2018
Exports: Value: Asia: China Mainland (SAR mn) 120,015.771 2020 yearly 1984 - 2020
Exports: Value: Asia: South Korea (SAR mn) 54,379.116 2020 yearly 1984 - 2020
Exports: Value: North America: USA (SAR mn) 31,024.297 2020 yearly 1984 - 2020
Exports: Value: Asia: Japan (SAR mn) 62,307.422 2020 yearly 1984 - 2020
Exports: Value: Asia: India (SAR mn) 60,207.501 2020 yearly 1984 - 2020
Imports: Value: Asia: Japan (SAR mn) 21,766.728 2020 yearly 1984 - 2020
Imports: Value: Asia: China Mainland (SAR mn) 101,562.279 2020 yearly 1984 - 2020
Imports: Value: European Union: Germany (SAR mn) 26,869.223 2020 yearly 1984 - 2020
Imports: Value: North America: USA (SAR mn) 55,144.543 2020 yearly 1984 - 2020
Imports: Value: Asia: South Korea (SAR mn) 14,724.623 2020 yearly 1984 - 2020
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 11,347.6 Mar 2021 quarterly Mar 2006 - Mar 2021
Current Account Balance (USD mn) 2,317.5 Dec 2020 quarterly Mar 2006 - Dec 2020
Current Account Balance: % of GDP (%) 4.6 Mar 2021 quarterly Mar 2006 - Mar 2021
Foreign Direct Investment (USD mn) 1,871.5 Dec 2020 quarterly Mar 2006 - Dec 2020
Foreign Direct Investment: % of GDP (%) 1.0 Mar 2021 quarterly Mar 2006 - Mar 2021
Foreign Portfolio Investment (USD mn) 7,827.680 Mar 2021 quarterly Mar 2008 - Mar 2021
Foreign Portfolio Investment: % of GDP (%) 5.8 Dec 2020 quarterly Mar 2008 - Dec 2020
Forecast: Current Account Balance (USD bn) -12.192 2026 yearly 1980 - 2026
Net International Investment Position (USD mn) 601,853.088 2020 yearly 2007 - 2020
BoP: USD: FA: Other Investment: Assets (USD mn) -13,733.735 Mar 2021 quarterly Mar 2006 - Mar 2021
BoP: USD: FA: Other Investment: Liabilities (USD mn) -8,275.822 Mar 2021 quarterly Mar 2006 - Mar 2021
BoP: USD: CA: Goods & Services: Goods: Credit (USD mn) 56,675.733 Mar 2021 quarterly Mar 2006 - Mar 2021
BoP: USD: CA: Goods & Services: Services: Credit (USD mn) 2,514.293 Mar 2021 quarterly Mar 2006 - Mar 2021
BoP: USD: CA: Goods & Services: Services: Debit (USD mn) 17,656.587 Mar 2021 quarterly Mar 2006 - Mar 2021
BoP: USD: FA: Reserve Assets (USD mn) -4,709.263 Mar 2021 quarterly Mar 2006 - Mar 2021
BoP: USD: CA: Primary Income: Debit (USD mn) 1,918.387 Mar 2021 quarterly Mar 2006 - Mar 2021
BoP: USD: CA: Goods & Services: Services (USD mn) -15,142.294 Mar 2021 quarterly Mar 2006 - Mar 2021
BoP: USD: FA: Portfolio Investment: Assets (USD mn) 18,812.023 Mar 2021 quarterly Mar 2006 - Mar 2021
BoP: USD: FA: Portfolio Investment (USD mn) 10,984.343 Mar 2021 quarterly Mar 2006 - Mar 2021
BoP: USD: CA: Goods & Services: Goods: Debit (USD mn) 33,905.776 Mar 2021 quarterly Mar 2006 - Mar 2021
BoP: USD: FA: Direct Investment: Assets (USD mn) 11,347.618 Mar 2021 quarterly Mar 2006 - Mar 2021
BoP: USD: CA: Secondary Income (USD mn) -10,581.344 Mar 2021 quarterly Mar 2006 - Mar 2021
BoP: USD: Errors and Omissions (USD mn) 1,939.758 Mar 2021 quarterly Mar 2006 - Mar 2021
BoP: USD: CA: Primary Income: Credit (USD mn) 13,579.428 Mar 2021 quarterly Mar 2006 - Mar 2021
BoP: USD: CA: Primary Income (USD mn) 11,661.041 Mar 2021 quarterly Mar 2006 - Mar 2021
BoP: USD: FA: Other Investment (USD mn) -5,457.914 Mar 2021 quarterly Mar 2006 - Mar 2021
BoP: USD: FA: Portfolio Investment: Liabilities (USD mn) 7,827.680 Mar 2021 quarterly Mar 2008 - Mar 2021
BoP: USD: Financial Account (FA) (USD mn) 10,369.518 Mar 2021 quarterly Mar 2006 - Mar 2021
BoP: USD: FA: Direct Investment (USD mn) 9,552.352 Mar 2021 quarterly Mar 2006 - Mar 2021
BoP: USD: CA: Goods & Services: Goods (USD mn) 22,769.957 Mar 2021 quarterly Mar 2006 - Mar 2021
IIP: Liabilities (SAR mn) 2,060,928.623 2020 yearly 2007 - 2020
IIP: Assets (SAR mn) 4,317,877.705 2020 yearly 2007 - 2020
International Investment Position (IIP) (SAR mn) 2,256,949.082 2020 yearly 2007 - 2020
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.2 Sep 2020 quarterly Mar 2009 - Sep 2020
Household Debt: % of GDP (%) 14.6 Dec 2020 quarterly Dec 2003 - Dec 2020
Money Supply M1 (USD mn) 407,390.337 Jul 2021 monthly Jan 1993 - Jul 2021
Money Supply M2 (USD mn) 527,623.480 Jul 2021 monthly Jan 1993 - Jul 2021
M2 Growth (%) 6.1 Jul 2021 monthly Jan 1994 - Jul 2021
Reserve Requirement Ratio (%) 7.0 Apr 2021 monthly Mar 1980 - Apr 2021
Foreign Exchange Reserves (USD mn) 428,897.3 Jul 2021 monthly Jan 2001 - Jul 2021
Foreign Exchange Reserves: % of GDP (%) 57.887 Jun 2021 quarterly Dec 2003 - Jun 2021
Foreign Exchange Reserves: Months of Import (NA) 38.3 2019 yearly 1957 - 2019
Gold Reserves (USD mn) 432.945 Jul 2021 monthly Dec 1957 - Jul 2021
Total Deposits (USD mn) 543,902.013 Jul 2021 monthly Jan 1993 - Jul 2021
Total Deposits Growth (%) 9.4 Mar 2021 monthly Jan 1994 - Mar 2021
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) 102.299 Dec 2020 quarterly Mar 1998 - Dec 2020
Credit to Private Non-Financial Sector (USD bn) 529.301 Dec 2020 quarterly Mar 1993 - Dec 2020
Household Debt (USD mn) 109,967.5 Jun 2021 quarterly Mar 1998 - Jun 2021
Total Loans (USD mn) 500,903.629 Mar 2021 monthly Jan 1997 - Mar 2021
Total Loans Growth (%) 15.58 Apr 2021 monthly Jan 1998 - Apr 2021
Private Debt: % of Nominal GDP (%) 63.13 Dec 2020 quarterly Dec 2003 - Dec 2020
Base Money (SAR mn) 370,488.416 Jul 2021 monthly Jan 2000 - Jul 2021
Money Supply: M3: M2: M1 (SAR mn) 1,527,713.763 Jul 2021 monthly Jan 1993 - Jul 2021
Monetary Survey: Liabilities: Money & Quasi Money (SAR mn) 2,250,592.161 Jul 2021 monthly Jan 1993 - Jul 2021
Money Supply: M3: M2 (SAR mn) 1,978,588.048 Jul 2021 monthly Jan 1993 - Jul 2021
Official Reserve Assets: Gold (SAR mn) 1,623.503 Feb 2019 monthly Jan 2001 - Feb 2019
Official Reserve Assets (SAR mn) 1,655,706.977 Jul 2021 monthly Jan 2001 - Jul 2021
Official Reserve Assets: Foreign Currency and Deposits Abroad (SAR mn) 493,893.751 Jul 2021 monthly Jan 2001 - Jul 2021

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