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Trade between Russia and Saudi Arabia

In 2024, Russia exported $3.4 billion to Saudi Arabia and imported $40 million. Russia ran a surplus of $3.4 billion with Saudi Arabia, compared with a surplus of $997 million in 2019. Saudi Arabia was Russia’s 26th largest trading partner (0.6% of its trade), and Russia was Saudi Arabia’s 29th (0.7%).

Summary

Russia → Saudi Arabia
$3.4billion
Saudi Arabia → Russia
$40million
Russia’s balance
$3.4billion

Balance

Russia’s trade balance with Saudi Arabia

Trade between Russia and Saudi Arabia grew 15.4-fold since 1995

USD billions (current). Russia’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 3.4
  • Imports 0
  • Balance +3.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$224 million$370 thousand$223 million
1996$124 million$900 thousand$123 million
1997$190 million$1 million$188 million
1998$120 million$2 million$118 million
1999$129 million$737 thousand$129 million
2000$115 million$2 million$113 million
2001$109 million$2 million$106 million
2002$159 million$8 million$151 million
2003$254 million$2 million$251 million
2004$285 million$6 million$279 million
2005$395 million$14 million$381 million
2006$678 million$9 million$669 million
2007$861 million$13 million$847 million
2008$1.2 billion$30 million$1.2 billion
2009$664 million$41 million$623 million
2010$881 million$78 million$803 million
2011$1.3 billion$231 million$1.1 billion
2012$1.9 billion$285 million$1.6 billion
2013$1.1 billion$304 million$839 million
2014$1.8 billion$280 million$1.5 billion
2015$1.2 billion$191 million$983 million
2016$675 million$146 million$530 million
2017$1.2 billion$159 million$1.1 billion
2018$1.1 billion$302 million$751 million
2019$1.3 billion$296 million$997 million
2020$1.6 billion$230 million$1.4 billion
2021$2.1 billion$340 million$1.8 billion
2022$2.2 billion$44 million$2.1 billion
2023$3.7 billion$19 million$3.7 billion
2024$3.4 billion$40 million$3.4 billion

What they sell each other

What Russia sells to Saudi Arabia

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$1.6 billion · 47.3%
    3.2 million tonnes · Russia’s destinations
  2. Wheat$585 million · 17.2%
    2.1 million tonnes · Russia’s destinations
  3. Barley$511 million · 15%
    2 million tonnes
  4. Poultry meat$196 million · 5.8%
    73 thousand tonnes
  5. Sunflower, safflower and cottonseed oil$87 million · 2.6%
    87 thousand tonnes
  6. Copper wire$52 million · 1.5%
    5 thousand tonnes
  7. Semi-finished steel$46 million · 1.4%
    86 thousand tonnes
  8. Frozen beef$36 million · 1.1%
    4 thousand tonnes
  9. Catalysts$31 million · 0.9%
    2 thousand tonnes
  10. Unwrought aluminum$25 million · 0.73%
    10 thousand tonnes · Russia’s destinations

What Saudi Arabia sells to Russia

The top 10 headings in 2024, with their share of the total.

  1. Crustaceans (shrimp, lobster, crab)$15 million · 38.1%
    4 thousand tonnes
  2. Sprayers and fire extinguishers$3 million · 7.5%
    783 tonnes
  3. Polyethylene$3 million · 6.7%
    3 thousand tonnes · Saudi Arabia’s destinations
  4. Plastic sheets and film$3 million · 6.6%
    2 thousand tonnes
  5. Synthetic rubber$2 million · 6.1%
    1 thousand tonnes
  6. Avocados, mangoes, pineapples and dates$2 million · 4.9%
    955 tonnes
  7. Educational models and instruments$2 million · 4.7%
    36 tonnes
  8. Amines$2 million · 4.4%
    686 tonnes
  9. Paper boxes and packaging$1 million · 3.2%
    240 tonnes
  10. New tires$1 million · 3.2%
    38 tonnes · Russia’s sources

How it travels

Estimated sea route from Saint Petersburg to Jeddah.

The estimated sea route between Saint Petersburg and Jeddah is 5,491 nautical miles (10,170 km) long: ≈ 12.5–16.5 days at sea (at 18 and 14 knots).

Passages it crosses: Øresund, Strait of Dover, Strait of Gibraltar and Suez Canal.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$3.4 billion · 99.5%
  2. Air$17 million · 0.5%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Saudi Arabia was Russia’s 26th largest trading partner (0.6% of its trade), and Russia was Saudi Arabia’s 29th (0.7%).

Saudi Arabia in Russia’s trade
0.6%
Saudi Arabia’s rank among Russia’s partners
26th
Russia in Saudi Arabia’s trade
0.7%
Russia’s rank among Saudi Arabia’s partners
29th

Compare with

Other partners of Russia

Other partners of Saudi Arabia

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.