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Trade between Saudi Arabia and Singapore

In 2024, Saudi Arabia exported $7.6 billion to Singapore and imported $1.4 billion. Saudi Arabia ran a surplus of $6.2 billion with Singapore, compared with a surplus of $6.9 billion in 2019. Singapore was Saudi Arabia’s 14th largest trading partner (2% of its trade), and Saudi Arabia was Singapore’s 19th (1%).

Summary

Saudi Arabia → Singapore
$7.6billion
Singapore → Saudi Arabia
$1.4billion
Saudi Arabia’s balance
$6.2billion

Balance

Saudi Arabia’s trade balance with Singapore

Trade between Saudi Arabia and Singapore grew 2.2-fold since 1995

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

  • Exports 7.6
  • Imports 1.4
  • Balance +6.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$3.8 billion$233 million$3.6 billion
1996$5 billion$217 million$4.8 billion
1997$5.4 billion$364 million$5 billion
1998$3.3 billion$279 million$3 billion
1999$3.3 billion$269 million$3 billion
2000$4.4 billion$304 million$4 billion
2001$4.2 billion$288 million$3.9 billion
2002$3.8 billion$342 million$3.5 billion
2003$4 billion$379 million$3.6 billion
2004$5.6 billion$347 million$5.3 billion
2005$9.1 billion$421 million$8.7 billion
2006$9.4 billion$1.2 billion$8.2 billion
2007$9 billion$1.1 billion$7.8 billion
2008$15 billion$1 billion$14 billion
2009$8.2 billion$910 million$7.3 billion
2010$10.9 billion$743 million$10.1 billion
2011$17.2 billion$775 million$16.4 billion
2012$17.4 billion$1.2 billion$16.2 billion
2013$13.3 billion$1.8 billion$11.6 billion
2014$15 billion$1.6 billion$13.5 billion
2015$8.1 billion$929 million$7.1 billion
2016$8.2 billion$733 million$7.4 billion
2017$9.2 billion$775 million$8.4 billion
2018$12.6 billion$1.2 billion$11.4 billion
2019$8.5 billion$1.6 billion$6.9 billion
2020$5 billion$1.4 billion$3.6 billion
2021$6.2 billion$975 million$5.2 billion
2022$9 billion$2.2 billion$6.9 billion
2023$6.7 billion$948 million$5.8 billion
2024$7.6 billion$1.4 billion$6.2 billion

What they sell each other

What Saudi Arabia sells to Singapore

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

  1. Refined petroleum$2.3 billion · 29.7%
    3.4 million tonnes · Saudi Arabia’s destinations
  2. Crude petroleum$2.2 billion · 28.7%
    3.5 million tonnes · Saudi Arabia’s destinations
  3. Polyethylene$1.1 billion · 14%
    1.1 million tonnes · Saudi Arabia’s destinations
  4. Ethers and organic peroxides$721 million · 9.4%
    402 thousand tonnes
  5. Warships and other vessels$479 million · 6.3%
    49 thousand tonnes
  6. Polyethers, polyesters and epoxy resins$118 million · 1.5%
    82 thousand tonnes
  7. Alcohols$118 million · 1.5%
    245 thousand tonnes
  8. Dredgers and floating cranes$115 million · 1.5%
    3 thousand tonnes
  9. Natural gas and LPG$106 million · 1.4%
    163 thousand tonnes
  10. Polypropylene$95 million · 1.3%
    115 thousand tonnes · Saudi Arabia’s destinations

What Singapore sells to Saudi Arabia

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

  1. Warships and other vessels$322 million · 22.5%
    12 thousand tonnes
  2. Valves and taps$194 million · 13.6%
    3 thousand tonnes
  3. Other industrial machines$134 million · 9.3%
    2 thousand tonnes
  4. Parts for cranes and excavators$79 million · 5.5%
    2 thousand tonnes
  5. Medicines in measured doses or retail packs$58 million · 4%
    217 tonnes · Singapore’s destinations
  6. Iron or steel pipe fittings$43 million · 3%
    942 tonnes
  7. Large-diameter steel pipes$30 million · 2.1%
    1 thousand tonnes
  8. Polypropylene$29 million · 2.1%
    18 thousand tonnes · Singapore’s destinations
  9. Polyurethane and other resins$26 million · 1.8%
    8 thousand tonnes
  10. Medical and dental instruments$20 million · 1.4%
    253 tonnes · Singapore’s destinations

How it travels

Estimated sea route from Jeddah to Singapore.

The estimated sea route between Jeddah and Singapore is 4,483 nautical miles (8,303 km) long: ≈ 10.5–13.5 days at sea (at 18 and 14 knots).

Passages it crosses: Bab-el-Mandeb Strait; and Strait of Malacca and Singapore.

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$8.5 billion · 93.5%
  2. Air$593 million · 6.5%

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

How much each matters to the other

Singapore was Saudi Arabia’s 14th largest trading partner (2% of its trade), and Saudi Arabia was Singapore’s 19th (1%).

Singapore in Saudi Arabia’s trade
1.7%
Singapore’s rank among Saudi Arabia’s partners
14th
Saudi Arabia in Singapore’s trade
1.2%
Saudi Arabia’s rank among Singapore’s partners
19th

Compare with

Other partners of Saudi Arabia

Other partners of Singapore

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.

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