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 2020 was $14.58B, a 78.21% decline from 2019.
  • 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.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Germany $221.53B
Ireland $125.44B
Singapore $108.52B
Netherlands $96.91B
Switzerland $76.98B
Italy $69.07B
South Korea $60.60B
Australia $51.27B
Poland $40.18B
Luxembourg $28.37B
Sweden $23.55B
Denmark $23.05B
Spain $19.10B
Israel $17.42B
Czech Republic $16.81B
Austria $16.18B
Saudi Arabia $14.58B
Chile $13.27B
Argentina $10.45B
Hong Kong $6.32B
Lithuania $5.39B
Slovenia $5.22B
Hungary $3.34B
Uruguay $2.35B
Belgium $2.33B
Malta $1.41B
Finland $1.05B
Slovak Republic $0.85B
Brunei $0.53B
Latvia $0.39B
Estonia $0.04B
Antigua and Barbuda $-0.06B
Iceland $-0.13B
Seychelles $-0.38B
Cyprus $-1.48B
Norway $-2.13B
Croatia $-4.04B
Portugal $-4.55B
United Kingdom $-9.69B
Greece $-14.30B
Canada $-33.05B
France $-57.65B
Saudi Arabia Trade Balance - Historical Data
Year Billions of US $ % of GDP
2020 $14.58B 2.08%
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%