Frequent question: What is Saudi Arabia’s second largest export?

What is Saudi Arabia’s biggest exports?

Exports The top exports of Saudi Arabia are Crude Petroleum ($145B), Refined Petroleum ($21.8B), Ethylene Polymers ($11.1B), Propylene Polymers ($5.88B), and Acyclic Alcohols ($4.28B), exporting mostly to China ($45.8B), India ($25.1B), Japan ($24.5B), South Korea ($19.5B), and United States ($12.2B).

What are the top 5 exports of Saudi Arabia?

Saudi Arabia’s Top 5 Commodity Exports

  • Crude Petroleum – $165 billion.
  • Refined Petroleum – $24 billion.
  • Petroleum Gas – $4.8 billion.
  • Raw Aluminum – $1.3 billion.
  • Gold – $825 million.

What is the second biggest export?

United States. The U.S. is the second-largest exporter in the world, with an estimated $1.58 trillion in exports for 2017. The largest exports of the U.S. are planes, spacecraft, pharmaceuticals, helicopters, and refined petroleum.

What are the main exports and imports of Saudi Arabia?

Saudi Arabia main imports are: machinery, mechanical appliances and electrical equipment (27 percent of total imports), transport equipment and parts thereof (16 percent), base metals (13 percent), chemicals and related products (9 percent) and vegetables (6 percent).

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What is Turkey’s main export?

In 2017, Turkey’s major exports were: machinery and transport equipment (31 percent of total exports), of which road vehicles (15 percent) and electrical machinery, apparatus and appliances (6 percent); manufactured goods (25 percent), of which textile yarn, fabrics, made-up articles (7 percent), iron and steel (6 …

What do we export to Saudi Arabia?

U.S. total exports of agricultural products to Saudi Arabia totaled $1.3 billion in 2019, our 22th largest agricultural export market. Leading domestic export categories include: hay ($141 million), tree nuts ($128 million), corn ($110 million), rice ($98 million), and vegetable oils (ex.

Where does Saudi Arabia export?

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Saudi Arabia Exports By Country Value Year
United Arab Emirates $8.92B 2020
China $8.18B 2020
India $3.10B 2020
Singapore $2.87B 2020

Which is the main product of Saudi Arabia?

Economy of Saudi Arabia

Main industries Crude oil production petroleum refining petrochemicals ammonia industrial gases sodium hydroxide cement fertilizer plastics metals ship repair aircraft repair construction
Ease-of-doing-business rank 62nd (Easy, 2020)
Exports $221.1 billion (2017 est.)

What are products produced in Saudi Arabia?

Top 10

  • Mineral fuels including oil: US$132 billion (74.8% of total exports)
  • Plastics, plastic articles: $16.3 billion (9.2%)
  • Organic chemicals: $9.7 billion (5.5%)
  • Inorganic chemicals: $2.3 billion (1.3%)
  • Aluminum: $2.10 billion (1.2%)
  • Gems, precious metals: $2 billion (1.1%)
  • Fertilizers: $1.2 billion (0.7%)

Who is the world’s largest exporter?

China has been the largest exporter of goods in the world since 2009. 1 Official estimates suggest the country’s total exports amounted to $2.641 trillion in 2019.

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What are the top 10 export countries?

The top 10 export countries are China, United States, Germany, Japan, Netherlands, Hong Kong, South Korea, Italy, France and Belgium. Collectively, those leading exports-based economies represent over half (52.3%) of total exports by value from all countries.

Which country is the largest exporter?

This is a list of countries by exports of goods and services, based on World Bank’s data.

List by World Bank.

Rank 1
Country World China
Exports (millions of $) 22,506,809.01 2,343,376.93
% of GDP 26.1% 18.5%
Year 2020 2021

What are Pakistan’s main exports?

The major exports of Pakistan include textiles, leather and sports goods, chemicals, carpets, and rugs. Meanwhile, Pakistan also exports significant quantities of rice, sugar, cotton, fish, fruits, and vegetables.

Who is Saudi Arabia’s biggest trading partner?

Saudi Arabia top 5 Export and Import partners

Exporter Trade (US$ Mil) Partner share(%)
United States 17,098 11.85
United Arab Emirates 10,364 7.18
Germany 7,004 4.85
Japan 6,546 4.54

What is export goods?

Exports are goods and services that are produced in one country and sold to buyers in another. Exports, along with imports, make up international trade.