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Who buys Saudi Arabia’s refined petroleum products? Export destinations 2024

In 2024, Saudi Arabia exported $29.9 billion of refined petroleum products (37.6 million tonnes), 3.5% of the world total. Its main destinations were Egypt (16%), France (11%) and Italy (9%). Saudi Arabia was the world’s 11th-largest exporter of refined petroleum products.

Summary

Value
$29.9billion
Tonnes
37.6million tonnes
Share of world total
3.5%
World rank
11th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Egypt4.7Tonnes: 4,469,673USD per tonne: $1,05615.8%Sea
France3.3Tonnes: 4,313,444USD per tonne: $77511.2%Sea
Italy2.6Tonnes: 3,452,809USD per tonne: $7538.7%Sea
United States2.4Tonnes: 3,901,159USD per tonne: $6037.9%Sea
Singapore re-exports2.3Tonnes: 3,417,831USD per tonne: $6637.6%Sea
Morocco1.7Tonnes: 2,073,163USD per tonne: $7995.5%Sea
Malaysia1.5Tonnes: 2,051,754USD per tonne: $7305%Sea
United Kingdom1.3Tonnes: 1,625,730USD per tonne: $7964.3%Sea
South Africa0.99Tonnes: 1,539,253USD per tonne: $6433.3%Sea
Indonesia0.83Tonnes: 1,177,929USD per tonne: $7002.8%Sea
Slovenia0.68Tonnes: 864,941USD per tonne: $7832.3%Sea
South Korea0.67Tonnes: 992,768USD per tonne: $6752.2%Sea
Lebanon0.67Tonnes: 354,248USD per tonne: $1,8922.2%Sea
Nigeria0.67Tonnes: 354USD per tonne: $1,890,2272.2%Air
Romania0.56Tonnes: 719,377USD per tonne: $7771.9%Sea
Spain0.54Tonnes: 729,111USD per tonne: $7471.8%Sea
Netherlands re-exports0.54Tonnes: 639,497USD per tonne: $8481.8%Sea
Portugal0.42Tonnes: 649,075USD per tonne: $6481.4%Sea
Japan0.33Tonnes: 486,825USD per tonne: $6801.1%Sea
India0.32Tonnes: 362,357USD per tonne: $8761.1%Sea

Trend

Who it sells to

Egypt has been its main destination since 2024

Value in USD billions. The five largest destinations in 2024.

  • Egypt 4.7
  • France 3.3
  • Italy 2.6
  • United States 2.4
  • Singapore 2.3

Source: CEPII BACI

Show the numbers
Partner19952024
Egypt< 0.014.7
France0.053.3
Italy0.182.6
United States0.322.4
Singapore0.722.3

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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