Saudi Arabia-South Korea In 2022, Saudi Arabia exported $36B to South Korea. The main products that Saudi Arabia exported to South Korea are Crude Petroleum ($32.5B), Refined Petroleum ($1.77B), and Ammonia ($464M). During the last 27 years the exports of Saudi Arabia to South Korea have increased at an annualized rate of 7.79%, from $4.76B in 1995 to $36B in 2022.
In 2022, Saudi Arabia did not export any services to South Korea.
South Korea-Saudi Arabia In 2022, South Korea exported $4.87B to Saudi Arabia. The main products that South Korea exported to Saudi Arabia were Cars ($1.26B), Passenger and Cargo Ships ($373M), and Explosive Ammunition ($195M). During the last 27 years the exports of South Korea to Saudi Arabia have increased at an annualized rate of 5.05%, from $1.29B in 1995 to $4.87B in 2022.
In 2005, South Korea exported services to Saudi Arabia worth $681M, with Services not allocated ($541M), Transportation ($121M), and Other business services ($14.5M) being the largest in terms of value.
Comparison In 2022, Saudi Arabia ranked 34 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.71), and 5 in total exports ($705B).