Trade in goods with USA SITC (Standard International Trade Classification)
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Saudi Arabia trade flows with USA by SITC*) product sections during 2023/3 - 2023/7

*) Standard International Trade Classification (classification system is maintained by the United Nations)


Share of USA's2023/3
%		2023/4
%		2023/5
%		2023/6
%		2023/7
%
Export0.6 0.6 0.6 0.7 0.7
Import0.6 0.6 0.4 0.5 0.6
Trade in Goods0.6 0.6 0.5 0.6 0.6

USA's foreign trade with Saudi Arabia, exports to Saudi Arabia and imports from Saudi Arabia in Juli 2023


The text of the following analysis is produced by a computer program. The program is a test version and its rule base at this stage is still quite limited.

In Juli Saudi Arabia was USA's 27. most important foreign trade partner. Improvement from the previous month was 2 places. Saudi Arabia's share of USA's foreign trade in goods in Juli 2023 represented a share of 0.6 per cent. Share of USA's that month's exports was 0.7 % and 0.6 % of imports. Trade in goods between the countries of the month was considerably lower than in in Juli of the previous year. The value of the trade was $2.7 billion and the drop was 13.5 %. In Juli the trade balance with Saudi Arabia was $322 million in deficit for United States of America.

The value of imports from Saudi Arabia decreased strongly, by 31.9 per cent compared to in Juli of the previous year. The import amounted to $1.5 billion in Juli 2023. More than half of the value of imports was in Sitc333 (petroleum oils and oils obtained from bituminous minerals, crude) representing a share of 63.3 per cent. The second major category of imports was Sitc334 (petroleum oils and oils obtained from bituminous minerals (other than crude); preparations, n.e.s., containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the prepar), corresponding to the share of 26.9 per cent of imports.

The value of exports to Saudi Arabia were 32.1 percent higher than in Juli of the previous year, thus amounting to $1.2 billion. The largest product groups of exports were: Sitc781 (motor cars and other motor vehicles principally designed for the transport of persons (other than motor vehicles for the transport of ten or more persons, including the driver), including station-wagons and racing cars), which represented a share of 17.5 per cent of total exports, Sitc792 (aircraft and associated equipment; spacecraft (including satellites) and spacecraft launch vehicles; parts thereof) 10.6 % and Sitc782 (motor vehicles for the transport of goods and special-purpose motor vehicles) 5.2 % of the exports.

Development during January-Juli 2023

The trade in goods between January and Juli of 2023 was of lesser value than in the corresponding period of the previous year. The value of the trade was $17.2 billion, down 14.5 %. During January-Juli the value of imports was $9.8 billion. The export value was $7.4 billion. Compared to the corresponding period January - Juli in 2022, the value of imports during this period decreased by 31.7 %. The largest product group in terms of imports has been Sitc333 (petroleum oils and oils obtained from bituminous minerals, crude), worth $6.6 billion. In export the largest value had Sitc781 (motor cars and other motor vehicles principally designed for the transport of persons (other than motor vehicles for the transport of ten or more persons, including the driver), including station-wagons and racing cars), worth being $1.3 billion. The value of exports during this period increased by 28.2 %. From USA's point of view, the trade balance between the countries in January-Juli remained in deficit. The trade deficit was $2.4 billion. The trade deficit narrowed compared to the corresponding period in 2022. At that time, the deficit was $8.6 billion.


Table: USA's export to Saudi Arabia (SA) during 2023/3 - 2023/7

2023 / 32023 / 42023 / 52023 / 62023 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 130.1 11.5 102.0 10.1 123.3 11.8 79.4 6.7 110.4 9.4
00. Live animals 0.2 0.0 0.3 0.0 1.4 0.1 1.2 0.1 1.2 0.1
01. Meat and meat preparations 1.6 0.1 1.1 0.1 0.7 0.1 0.2 0.0 0.6 0.1
02. Dairy products and birds' eggs 10.9 1.0 7.1 0.7 7.0 0.7 7.2 0.6 10.6 0.9
04. Cereals and cereal preparations 40.2 3.5 32.1 3.2 35.8 3.4 6.3 0.5 30.2 2.6
05. Vegetables and fruit 41.2 3.6 25.2 2.5 25.2 2.4 20.2 1.7 14.6 1.2
06. Sugars,sugar preparations and honey 0.6 0.1 1.3 0.1 1.0 0.1 0.8 0.1 1.1 0.1
07. Coffee,tea,cocoa,spices 2.9 0.3 3.7 0.4 5.7 0.5 5.5 0.5 7.4 0.6
08. Feeding stuff for animals 23.9 2.1 19.0 1.9 34.1 3.3 28.6 2.4 34.4 2.9
09. Miscellaneous edible products and preparations 8.5 0.8 12.2 1.2 12.3 1.2 9.0 0.8 10.1 0.9
2. Crude materials,inedible,except fuels 20.4 1.8 16.9 1.7 20.2 1.9 11.4 1.0 10.9 0.9
22. Oil seeds,oleaginous fruits 6.8 0.6 6.5 0.6 8.3 0.8 0.6 0.1 0.4 0.0
23. Crude rubber (incl.synthetic) 4.2 0.4 0.9 0.1 0.3 0.0 0.7 0.1 1.2 0.1
24. Cork and wood 1.1 0.1 0.5 0.1 0.6 0.1 0.8 0.1 0.5 0.0
25. Pulp and waste paper 4.2 0.4 5.3 0.5 4.6 0.4 4.4 0.4 4.2 0.4
27. Crude fertilizers and crude minerals 0.9 0.1 2.0 0.2 0.7 0.1 1.0 0.1 1.8 0.2
28. Metalliferous ores and metal scrap 0.7 0.1 0.2 0.0 0.3 0.0 0.3 0.0 0.4 0.0
29. Crude animal,vegetable materials n.e.s. 2.4 0.2 1.5 0.2 5.4 0.5 3.5 0.3 2.2 0.2
3. Mineral fuels etc 7.3 0.6 4.7 0.5 11.1 1.1 2.0 0.2 1.9 0.2
33. Petroleum and products 7.3 0.6 4.7 0.5 11.1 1.1 2.0 0.2 1.9 0.2
4. Animal and vegetable oils and fats 7.1 0.6 10.0 1.0 0.1 0.0 10.4 0.9 0.8 0.1
42. Fixed vegetable fats and oils 7.1 0.6 10.0 1.0 0.1 0.0 10.3 0.9 0.4 0.0
5. Chemicals and related products,n.e.s. 161.2 14.2 147.2 14.6 168.6 16.2 161.5 13.6 141.4 12.1
51. Organic chemicals 16.7 1.5 7.6 0.7 27.2 2.6 10.0 0.8 21.1 1.8
52. Inorganic chemicals 3.9 0.3 20.2 2.0 2.4 0.2 5.5 0.5 3.6 0.3
53. Dyeing,tanning and colouring material 1.7 0.2 1.2 0.1 2.8 0.3 3.0 0.3 2.6 0.2
54. Medicinal and pharmaceutical products 50.8 4.5 43.8 4.3 47.9 4.6 57.0 4.8 46.9 4.0
55. Perfume,cleaning etc.preparations 15.1 1.3 15.8 1.6 8.8 0.8 8.7 0.7 8.7 0.7
57. Plastics in primary forms 10.4 0.9 10.4 1.0 15.2 1.5 7.4 0.6 10.8 0.9
58. Plastics in non-primary forms 7.4 0.6 5.2 0.5 6.0 0.6 4.7 0.4 5.5 0.5
59. Chemical materials and products,n.e.s. 55.2 4.9 42.9 4.2 58.2 5.6 65.1 5.5 42.2 3.6
6. Basic manufactures 60.5 5.3 49.3 4.9 55.7 5.3 52.4 4.4 43.6 3.7
62. Rubber manufactures,n.e.s. 6.8 0.6 5.1 0.5 3.9 0.4 5.2 0.4 5.5 0.5
64. Paper,paperboard and articles thereof 2.3 0.2 3.6 0.4 3.5 0.3 3.4 0.3 3.6 0.3
65. Textile yarn,fabrics,made up articles,etc. 4.1 0.4 2.1 0.2 3.0 0.3 4.0 0.3 3.8 0.3
66. Non-metallic mineral manufactures,n.e.s. 1.6 0.1 1.7 0.2 10.5 1.0 1.4 0.1 1.7 0.1
67. Iron and steel 6.7 0.6 4.9 0.5 6.0 0.6 11.5 1.0 6.4 0.5
68. Non-ferrous metals 18.4 1.6 14.3 1.4 10.0 1.0 9.7 0.8 7.9 0.7
69. Manufactures of metals,n.e.s. 20.3 1.8 17.1 1.7 18.3 1.8 17.0 1.4 14.5 1.2
7. Machinery,transport equipment 628.9 55.6 533.1 52.8 498.9 47.8 754.8 63.7 695.3 59.3
71. Power generating machinery and equipment 41.5 3.7 64.0 6.3 37.1 3.6 35.4 3.0 36.5 3.1
72. Machinery for specialized industries 42.9 3.8 36.8 3.6 35.7 3.4 43.3 3.7 50.0 4.3
73. Metal working machinery 3.3 0.3 3.9 0.4 5.3 0.5 5.8 0.5 3.7 0.3
74. General industrial machinery n.e.s. 95.2 8.4 98.3 9.7 95.2 9.1 107.5 9.1 114.9 9.8
75. Office machines and adp machines 11.3 1.0 9.5 0.9 10.0 1.0 12.2 1.0 9.5 0.8
76. Telecommunications and sound recording equipment 33.4 3.0 17.2 1.7 19.8 1.9 44.9 3.8 23.3 2.0
77. Electric machinery,n.e.s.and parts 52.7 4.7 41.0 4.1 55.5 5.3 59.0 5.0 49.8 4.2
78. Road vehicles 327.4 28.9 251.2 24.9 217.2 20.8 228.4 19.3 282.5 24.1
79. Other transport equipment 21.1 1.9 11.2 1.1 23.1 2.2 218.3 18.4 125.0 10.7
8. Miscellaneous manufactured articles 91.4 8.1 116.0 11.5 151.2 14.5 88.6 7.5 146.5 12.5
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 2.8 0.2 1.3 0.1 1.5 0.1 2.7 0.2 1.2 0.1
82. Furniture and parts thereof 3.1 0.3 3.6 0.4 4.9 0.5 6.1 0.5 11.2 1.0
84. Articles of apparel and clothing accessories 3.7 0.3 3.9 0.4 2.8 0.3 2.5 0.2 4.0 0.3
85. Footwear 0.1 0.0 0.7 0.1 1.3 0.1 1.1 0.1 0.6 0.0
87. Instruments and apparates n.e.s. 58.1 5.1 56.4 5.6 59.6 5.7 56.6 4.8 65.6 5.6
88. Photographic equipment,optical goods etc. 1.5 0.1 1.7 0.2 1.3 0.1 0.9 0.1 0.6 0.1
89. Miscellaneous manufactured articles,n.e.s. 21.8 1.9 48.2 4.8 79.7 7.6 18.6 1.6 63.3 5.4
9. Goods not classified elsewhere 24.5 2.2 30.8 3.1 14.6 1.4 23.4 2.0 20.9 1.8
93. Special transactions and commodities not classified 11.6 1.0 20.2 2.0 4.4 0.4 12.6 1.1 9.3 0.8
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 12.8 1.1 10.7 1.1 10.2 1.0 10.8 0.9 11.6 1.0
0-9. All groups combined 1,131.6 100.0 1,010.0 100.0 1,044.0 100.0 1,184.0 100.0 1,172.1 100.0

Source: US Census Bureau

Table: Import from Saudi Arabia (SA) to USA during 2023/3 - 2023/7

2023 / 32023 / 42023 / 52023 / 62023 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 1.3 0.1 0.7 0.1 1.3 0.1 0.9 0.1 1.0 0.1
03. Fish and fish preparations 0.5 0.0 0.3 0.0 1.1 0.1 0.4 0.0 0.9 0.1
2. Crude materials,inedible,except fuels 0.7 0.0 3.1 0.2 2.2 0.2 4.1 0.3 9.7 0.7
23. Crude rubber (incl.synthetic) 0.4 0.0 2.7 0.2 1.3 0.1 3.3 0.2 5.2 0.3
26. Textile fibres and their wastes 0.3 0.0 0.4 0.0 00 0.8 0.1 00
27. Crude fertilizers and crude minerals 00 0.0 0.0 00 0.0 0.0 4.6 0.3
28. Metalliferous ores and metal scrap 00 00 0.9 0.1 00 00
3. Mineral fuels etc 1,266.3 83.7 1,204.9 87.1 949.1 81.5 1,102.9 80.6 1,348.2 90.2
33. Petroleum and products 1,266.3 83.7 1,204.9 87.1 949.1 81.5 1,102.9 80.6 1,348.2 90.2
5. Chemicals and related products,n.e.s. 179.3 11.8 121.4 8.8 146.5 12.6 176.0 12.9 94.5 6.3
51. Organic chemicals 27.1 1.8 83.2 6.0 81.5 7.0 82.6 6.0 34.2 2.3
53. Dyeing,tanning and colouring material 00 1.2 0.1 00 0.3 0.0 0.0 0.0
56. Fertilizers,manufactured 150.6 10.0 34.9 2.5 62.2 5.3 90.7 6.6 53.3 3.6
57. Plastics in primary forms 0.8 0.1 1.2 0.1 1.1 0.1 0.2 0.0 3.2 0.2
58. Plastics in non-primary forms 0.4 0.0 0.4 0.0 1.5 0.1 1.0 0.1 1.1 0.1
59. Chemical materials and products,n.e.s. 0.1 0.0 0.0 0.0 0.0 0.0 1.0 0.1 2.2 0.1
6. Basic manufactures 42.3 2.8 27.0 2.0 36.1 3.1 57.8 4.2 23.5 1.6
64. Paper,paperboard and articles thereof 0.7 0.0 0.2 0.0 0.8 0.1 0.6 0.0 0.5 0.0
65. Textile yarn,fabrics,made up articles,etc. 12.9 0.9 8.5 0.6 7.2 0.6 8.5 0.6 5.8 0.4
66. Non-metallic mineral manufactures,n.e.s. 3.1 0.2 2.7 0.2 2.6 0.2 2.5 0.2 2.3 0.2
67. Iron and steel 16.3 1.1 0.6 0.0 13.2 1.1 32.0 2.3 1.2 0.1
68. Non-ferrous metals 5.7 0.4 12.8 0.9 8.9 0.8 13.2 1.0 11.1 0.7
69. Manufactures of metals,n.e.s. 3.6 0.2 2.3 0.2 3.4 0.3 1.0 0.1 2.5 0.2
7. Machinery,transport equipment 8.1 0.5 4.5 0.3 5.2 0.5 7.5 0.5 3.6 0.2
71. Power generating machinery and equipment 0.3 0.0 0.3 0.0 2.0 0.2 1.1 0.1 0.1 0.0
74. General industrial machinery n.e.s. 3.9 0.3 3.0 0.2 2.8 0.2 4.9 0.4 3.1 0.2
77. Electric machinery,n.e.s.and parts 0.8 0.1 0.3 0.0 0.1 0.0 0.8 0.1 0.0 0.0
78. Road vehicles 3.1 0.2 0.0 0.0 0.1 0.0 0.1 0.0 0.1 0.0
8. Miscellaneous manufactured articles 1.6 0.1 3.8 0.3 0.8 0.1 0.6 0.0 0.2 0.0
87. Instruments and apparates n.e.s. 0.3 0.0 0.2 0.0 0.4 0.0 0.6 0.0 0.1 0.0
89. Miscellaneous manufactured articles,n.e.s. 1.1 0.1 3.5 0.2 0.3 0.0 0.1 0.0 0.1 0.0
9. Goods not classified elsewhere 13.5 0.9 18.1 1.3 23.3 2.0 17.4 1.3 13.3 0.9
93. Special transactions and commodities not classified 12.5 0.8 17.4 1.3 22.5 1.9 16.6 1.2 12.5 0.8
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 1.0 0.1 0.7 0.1 0.8 0.1 0.8 0.1 0.8 0.1
0-9. All groups combined 1,513.3 100.0 1,383.6 100.0 1,164.6 100.0 1,367.6 100.0 1,494.1 100.0

Source: US Census Bureau

Year level (Sitc)

The amount realized in the beginning of 2023 (Sitc)


USA's Trade in Goods Start Page