Goods Exports (BoP, USD) in Saudi Arabia

Goods exports as a part of the balance of payment reached 222 USD bil in 2017 in Saudi Arabia, according to the National Statistical Office. This is 20.8 % more than in the previous year.

Historically, goods exports as a part of the balance of payment in Saudi Arabia reached an all time high of 388 USD bil in 2012 and an all time low of 2.71 USD bil in 1971. When compared to Saudi Arabia's main peers, goods exports as a part of the balance of payment in Iraq amounted to 57.6 USD bil and 7.51 USD bil in Jordan in 2017.

Saudi Arabia has been ranked 24th within the group of 156 countries we follow in terms of goods exports as a part of the balance of payment, 5 places behind the position seen 10 years ago.

Goods exports refer to all movable goods (including non-monetary gold) involved in a change of ownership from residents to non-residents.

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