Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Saudi Arabia

Saudi Arabia ranked No. 24 in total trade value through February with a total of $4.83 billion. Exports totaled $2.05 billion and Imports totaled $2.78 billion, a deficit of $727.06 million.

January – February 2019

Top Trading Ports

Total Trade: $4.83 billion

RankPortTotal YTD
1Port of Richmond, Calif. $557,092,158
2Port of Wilmington, N.C. $416,489,220
3Port of Long Beach $416,346,836
4Port of Philadelphia $341,435,766
5Port of Houston $244,871,047
6Port of Newark $235,593,950
7Port of El Segundo, Calif. $178,414,502
8John F. Kennedy International Airport $178,227,829
9Port of Lake Charles, La. $171,120,560
10Dallas-Fort Worth International Airport, Texas $161,022,378

U.S. trade with Saudi Arabia rose to $4.83 billion through February

Saudi Arabia’s trade with the United States rose to $4.83 billion through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 5.32 percent above its total trade during the same time period last year. Saudi Arabia’s exports increased 13.23 percent while imports rose 0.15 percent. The U.S. deficit with Saudi Arabia was $727.06 million.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Richmond, Calif.; No. 2 Port of Wilmington, N.C.; No. 3 Port of Long Beach; No. 4 Port of Philadelphia; and No. 5 Port of Houston. During the same period the previous year, the top five were No. 1 Port of Port Arthur, Texas No. 2 Port of Richmond, Calif. No. 3 Port of Philadelphia No. 4 Port of Houston and No. 5 Port of Newark. In the current time period, the top five accounted for 40.88 percent of Saudi Arabia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Richmond, Calif. rose 24.84 percent to $557.09 million.
    There were no exports. Imports rose 24.84 percent to $557.09 million.
  • Trade with No. 2 Port of Wilmington, N.C. rose 288.61 percent to $416.49 million.
    Exports rose 544.63 percent to $405.79 million. Imports fell 75.8 percent to $10.7 million.
  • Trade with No. 3 Port of Long Beach rose 160.94 percent to $416.35 million.
    Exports rose 84.12 percent to $41.93 million. Imports rose 173.73 percent to $374.41 million.
  • Trade with No. 4 Port of Philadelphia fell 4.94 percent to $341.44 million.
    Exports rose 528.97 percent to $2.35 million. Imports fell 5.5 percent to $339.08 million.
  • Trade with No. 5 Port of Houston rose 6.03 percent to $244.87 million.
    Exports rose 29.1 percent to $166.05 million. Imports fell 22.97 percent to $78.82 million.

Saudi Arabia ranked No. 24 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 28.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Saudi Arabia by value through February were the categories of Bombs, grenades, cartridges, parts; Civilian aircraft, parts; Motor vehicles for transporting people; Defense-related aircraft, parts; and Value added to a returned import, respectively. They accounted for 42.14 percent of total exports to Saudi Arabia.

The value of the top five categories of U.S. imports from Saudi Arabia –– Oil; Gasoline, other fuels; Seamless iron tubes and pipes; Nitrogenous fertilizers; and Misc. mineral or chemical fertilizers –– accounted for 94.31 percent of all inbound shipments.

Looking more closely at U.S. exports to Saudi Arabia:

  • Bombs, grenades, cartridges, parts rose 2882.81 percent compared to last year to $248.11 million.
  • Civilian aircraft, parts rose 565.25 percent compared to last year to $188.81 million.
  • Motor vehicles for transporting people fell 48.9 percent compared to last year to $183.34 million.
  • Defense-related aircraft, parts rose 94.72 percent compared to last year to $151.86 million.
  • Value added to a returned import rose 764.96 percent compared to last year to $93.29 million.

Looking more closely at U.S. imports from Saudi Arabia:

  • Oil fell 4.45 percent compared to last year to $2.16 billion.
  • Gasoline, other fuels rose 74.98 percent compared to last year to $368.74 million.
  • Seamless iron tubes and pipes rose 72.38 percent compared to last year to $33.56 million.
  • Nitrogenous fertilizers rose 146.77 percent compared to last year to $32.96 million.
  • Misc. mineral or chemical fertilizers totaled $30.73 million. The previous year, there were no imports in this category.

In the latest annual figures available, Saudi Arabia recorded $35.13 billion in trade with the United States. At year’s end, its were Houston; New Orleans; Port Arthur, Texas; San Francisco; and Los Angeles. Total U.S. exports to Saudi Arabia were $ 16.26 billion and imports from Saudi Arabia were $18.87 billion. The U.S. deficit with Saudi Arabia was $2.61 billion.