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Saudi Arabia is the 27th largest export economy in the world. In 2016, Saudi Arabia exported $163B and imported $131B, resulting in a positive trade balance of $31.8B.

The top exports of Saudi Arabia are Crude Petroleum ($96.1B), Refined Petroleum ($13B), Ethylene Polymers ($10.1B), Propylene Polymers ($4.93B) and Ethers ($3.6B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($11.8B), Planes, Helicopters, and/or Spacecraft ($3.48B), Packaged Medicaments ($3.34B), Broadcasting Equipment ($3.27B) and Aircraft Parts ($2.18B).

The top export destinations of Saudi Arabia are China ($20.8B), Japan ($17.5B), India ($17.2B), the United States ($15.9B) and South Korea ($14.3B). The top import origins are China ($19.5B), the United States ($15.7B), Germany ($8.16B), the United Arab Emirates ($6.74B) and Japan ($6.04B).

Saudi Arabia borders the United Arab Emirates, Iraq, Jordan, Kuwait, Oman, Qatar and Yemen by land and Egypt, Eritrea, Sudan, Bahrain and Iran by sea.

Economic Complexity of Saudi Arabia

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