Goods exports as a part of the balance of payment fell 4.56% to USD 306 bil in Saudi Arabia in 2024, according to the National Statistical Office.
Historically, goods exports as a part of the balance of payment in Saudi Arabia reached an all time high of USD 411 bil in 2022 and an all time low of USD 2.71 bil in 1971.
Saudi Arabia has been ranked 23rd within the group of 103 countries we follow in terms of goods exports as a part of the balance of payment, 8 places below the position seen 10 years ago.
Goods Exports (BoP, USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Bahrain | USD bil | 18.0 | 18.1 | 14.1 | 22.4 | 30.2 | ||||||||||||||||
Djibouti | USD bil | 3.52 | 4.00 | 2.78 | 4.15 | 4.60 | ||||||||||||||||
Eritrea | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Iran | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Iraq | USD bil | ... | 86.4 | 81.6 | 46.9 | 73.1 | 118 | ... | ||||||||||||||
Israel | USD bil | 60.2 | 60.4 | 59.0 | 69.6 | 79.6 | ||||||||||||||||
Jordan | USD bil | 7.75 | 8.32 | 7.94 | 9.36 | 12.8 | ... | |||||||||||||||
Kuwait | USD bil | 77.1 | 64.8 | 40.2 | 68.4 | 100 | ||||||||||||||||
Oman | USD bil | 41.7 | 38.6 | 33.4 | 44.3 | 66.1 | ... | |||||||||||||||
Qatar | USD bil | ... | ... | ... | ... | ... | ... | ... | 84.3 | 72.9 | 51.5 | 87.2 | 131 | |||||||||
Saudi Arabia | USD bil | 294 | 262 | 174 | 276 | 411 | ||||||||||||||||
Syria | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||||
United Arab Emirates | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Yemen | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... |