Saudi Arabia Major Exports by Category and Value

Navigate Saudi Arabia's export landscape with category-by-category analysis and key market insights

Petroleum crude oil

Main Exported Product

$305.0 b

Market Size

300.6 b Kg

Highest-Volume Exports

~15.14%

Market Growth Rate

Saudi Arabia Export Market

AI Insight

Saudi Arabia’s 2024 export market exhibits a strong 15.14% growth trajectory, underpinned by a $179.5 billion petroleum crude oil sector. While energy remains the primary value driver, growth in polymers and electronics suggests broadening industrial capacity. Regional dynamics are shifting rapidly, with Bahrain and the UAE posting growth rates exceeding 36%. Although 81.8% of destinations are unspecified, identified trade with China, India, and Singapore underscores a strategic focus on high-demand Asian and Gulf markets, offering a stable yet expanding environment for international trade and investment.

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Top 10 Exported Products

AI Insight

In 2024, petroleum crude oil dominates the export landscape, valued at $179.49 billion. Petroleum ether follows as a significant secondary export at $38.59 billion. The data also reveals a presence in high-value electronics, specifically iphone 11 exports totaling $6.55 billion, alongside industrial materials like polypropylene and LDPE granules, each exceeding $4.6 billion in value.

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Leading Destination Countries

Unspecified

81.81%

United Arab Emirates

6.85%

China

2.74%

India

2.34%

Bahrain

1.17%

Singapore

1.13%

Turkey (Turkiye)

1.1%

United States

1.01%

Egypt

0.95%

Belgium

0.9%

AI Insight

While 81.81% of export value is categorized as Unspecified, the United Arab Emirates emerges as the primary identified destination with 6.85% market share ($18.69 billion). China (2.74%) and India (2.34%) follow, representing critical trade partners. Other notable markets include Bahrain, Singapore, and Turkey, each maintaining over 1% of the total export share.

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Export Growth Performance

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15.1%Annual Growth

AI Insight

The market has achieved a robust growth rate of 15.14%. This double-digit expansion signifies strong upward momentum in export activities for 2024, reflecting increased global demand for the region's core commodities and strengthening economic performance across the identified trade sectors.

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Emerging Supply Markets

AI Insight

Trade momentum is highest in regional markets, with Bahrain leading growth at 38.18%, followed closely by the United Arab Emirates at 36.13%. Singapore also shows strong emerging demand with a 23.93% increase. These figures highlight a strategic pivot toward intensified intra-regional trade and expanding footprints in Southeast Asian and European markets like Belgium.

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Saudi Arabia Export Requirements

Before Shipment

1. Register products on the SABER platform. 2. Obtain SASO Certificate of Conformity (PCoC/SCoC). 3. Secure SFDA approval for food and medical goods. 4. Ensure IECEE certification for specific electronics. 5. Comply with mandatory Arabic labeling and origin marking.

Documentation Required

1. Attested Commercial Invoice. 2. Bill of Lading or Airway Bill. 3. Attested Certificate of Origin. 4. Detailed Packing List. 5. Insurance Certificate for CIF shipments. These documents are essential for ZATCA customs clearance and regulatory compliance in Saudi Arabia.

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Saudi Arabia free trade agreements and preferential access markets.

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GCC Unified Economic Agreement
Greater Arab Free Trade Area (GAFTA)
GCC-Singapore FTA
GCC-EFTA FTA
Trade Preferential System among the Member States of the OIC (TPS-OIC)

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