Saudi Arabia Trade Summary
U.S. goods and services trade with Saudi Arabia totaled an estimated $39.5 billion in 2024, down 7.6 percent ($3.3 billion) from 2023.
U.S. total goods trade (exports plus imports) with Saudi Arabia was an estimated $26.0 billion in 2024. U.S. goods exports to Saudi Arabia in 2024 were $13.1 billion, down 5.2 percent ($716.5 billion) from 2023. U.S. goods imports from Saudi Arabia 2024 totaled $12.9 billion, down 19.1 ($3.0 billion) from 2023. The U.S. goods trade surplus with Saudi Arabia was $278 million in 2024, compared to a goods trade deficit of $2.0 billion in 2023.
U.S. total services trade (exports plus imports) with Saudi Arabia totaled an estimated $13.5 billion in 2024. U.S. services exports to Saudi Arabia in 2024 were $11.3 billion, up 3.5 percent ($385 million) from 2023. U.S. services imports from Saudi Arabia 2024 were $2.1 billion, up 5.8 percent ($117 million) from 2023. The U.S. services trade surplus with Saudi Arabia was $9.2 billion in 2024, a 3.0 percent increase ($267 million) over 2023.
