Report: Saudi Arabia's Key Imports and Exports with Data Analysis

This report provides an analysis of Saudi Arabia's key imports and exports, examining the country's trade dynamics and economic indicators. The report details the top five imports, including cars, aircraft, and medical supplies, and the top five exports, such as crude and refined petroleum, and various polymers. It utilizes data from 2018 to illustrate import and export trends, including figures for the third and projected fourth quarters, and calculates the balance of payments and the percentage of exports relative to GDP. The report references online sources for data and includes illustrations depicting import and export trends, offering a comprehensive overview of Saudi Arabia's trade activities and economic standing. The report concludes with a list of references for the data presented.

INTERNATIONAL BUSINESS

Table of Contents
MAIN BODY...................................................................................................................................1
Key Imports of Saudi Arabia......................................................................................................1
Key Exports of Saudi Arabia......................................................................................................2
REFERENCES................................................................................................................................3

MAIN BODY
Key Imports of Saudi Arabia
The five main imports of Saudi Arabia are-
Cars ($96.1 billion)
Planes, Helicopters, Spacecraft ($3.48 billion)
Packaged Medicaments ($3.34 billion)
Broadcasting Equipment ($3.27 billion)
Aircraft Parts ($2.18 billion)
Illustration 1: Saudi Arabia Imports
Source: Saudi Arabia Imports. 2018
It can be analysed from chart drawn above that imports in Saudi Arabia are decreased to
101438 million SAR (Saudi Arabian Rial) in third quarter of 2018. However, it is expected to
reach to 128000 by end of last quarter of 2018. It can be analysed that current GDP of Saudi
Arabia is $68382.71 crores. In relation to this, import in terms of Balance of Payment comes to
$71,159,254,222 and imports in terms of % arrives to 28.14%. This clearly shows that exports
are more than imports leading to have positive trade balance.
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Key Exports of Saudi Arabia
The five main exports of Saudi Arabia are-
Crude Petroleum ($96.1 billion)
Refined Petroleum ($13 billion)
Ethylene Polymers ($10.1 billion)
Propylene Polymers ($4.93 billion)
Ethers ($3.6 billion)
Illustration 2: Saudi Arabia Exports
Source: Saudi Arabia Exports. 2018
It can be interpreted from above chart that exports in Saudi Arabia comprising main
exports increased to 286111 million SAR in third quarter of 2018 which was 282201 million in
previous quarter. It is predicted that exports will further rise to 290000 by end of last quarter of
2018. In accordance to this, services exports comes to $15,958,240,006 in Balance of Payment
and total exports as % of GDP comes to 33.54 % in the year 2017.
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REFERENCES
ONLINE
Saudi Arabia Exports. 2018 [Online] Available Through:<https://tradingeconomics.com/saudi-
arabia/exports>
Saudi Arabia Imports. 2018 [Online] Available Through:<https://tradingeconomics.com/saudi-
arabia/imports>
Saudi Arabia, Exports, Imports and Trade Partners. 2017 [Online] Available Through:
<https://atlas.media.mit.edu/en/profile/country/sau/>
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