Merchandise Exports in Saudi Arabia
Merchandise exports in Saudi Arabia were worth USD 411 billion in 2022, compared to USD 376 billion ten years earlier. Over the last decade, they averaged USD 274 billion. 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 2023.
Source: Macrobond.
Saudi Arabia Merchandise Exports Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Merchandise Exports (USD bn) | 262 | 174 | 276 | 411 | 322 |
| Merchandise Exports (ann. var. %) | -11.1 | -33.6 | 58.9 | 48.7 | -21.5 |
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 10 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.