Merchandise Exports in Saudi Arabia
In the year 2024, the merchandise exports in Saudi Arabia was USD 305.4 billion, compared to USD 342.4 billion in 2014 and USD 320.1 billion in 2023. It averaged USD 272.1 billion over the last decade. For more exports information, visit our dedicated page.
Saudi Arabia Merchandise Exports Chart
Note: This chart displays Exports (USD billion) for Saudi Arabia from 2014 to 2024.
Source: Macrobond.
Saudi Arabia Merchandise Exports Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Merchandise Exports (USD bn) | 174 | 276 | 411 | 320 | 305 |
| Merchandise Exports (ann. var. %) | -33.6 | 58.9 | 48.7 | -22.1 | -4.6 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Saudi Arabian merchandise exports projections for the next ten years from a panel of 11 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable merchandise exports forecast available for Saudi Arabian merchandise exports.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Saudi Arabian merchandise exports projections.
Want to get access to the full dataset of Saudi Arabian merchandise exports forecasts? Send an email to info@focus-economics.com.