October 2011
Saudi Arabia, Kingdom of
                         
BASIC INDICATORS
Population (thousands, 2010)  27 448 Rank in world trade, 2010 Exports Imports
GDP (million current US$, 2010)  434 666 Merchandise  17 31
GDP (million current PPP US$, 2010)  618 807 excluding intra-EU trade 12 21
Current account balance (million US$, 2009)  20 955 Commercial services 51 18
Trade per capita (US$, 2008-2010)  15 162 excluding intra-EU trade 33 11
Trade to GDP ratio (2008-2010)   95.0
Annual percentage change
2010   2005-2010 2009 2010
Real GDP (2005=100)   114 3 0 4
Exports of goods and services (volume, 2005=100)  a   107 3 ... ...
Imports of goods and services (volume, 2005=100)  a   152 23 ... ...
                         
TRADE POLICY
WTO accession 11 December 2005 Contribution to WTO budget (%, 2011) 1.124
Trade Policy Review ... Import duties collected
GPA accession  Observer in total tax revenue ...
Tariffs and duty free imports to total imports ...
Tariff binding coverage (%)    100 Number of notifications to WTO and measures in force 
MFN tariffs Final bound Applied 2009 Outstanding notifications in WTO Central Registry   16
Simple average of import duties Goods RTAs - services EIAs notified to WTO 2 - 0
All goods   11.1   4.8 Anti-dumping (30 June 2010) ...
Agricultural goods (AOA)   15.4   5.6 Countervailing duties (30 June 2010) ...
Non-agricultural goods   10.5   4.7 Safeguards (22 October 2010)   0
Non ad-valorem duties (% total tariff lines)   1.2   1.4 Number of disputes (complainant - defendant) 
MFN duty free imports (%, 2009) Requests for consultation 0 - 0
in agricultural goods (AOA)   58.7 Original panel / Appellate Body (AB) reports 0 - 0
in non-agricultural goods   23.3 Compliance panel / AB reports (Article 21.5 DSU) 0 - 0
Services sectors with GATS commitments   120 Arbitration awards (Article 22.6 DSU) 0 - 0
                         
MERCHANDISE TRADE  Value Annual percentage change
2010   2005-2010 2009 2010
Merchandise exports, f.o.b. (million US$)  249 700 7 -39 30
Merchandise imports, c.i.f. (million US$)  97 077 10 -17 2
2010  b 2010  b
Share in world total exports    1.64 Share in world total imports  0.63
Breakdown in economy's total exports Breakdown in economy's total imports
  By main commodity group (ITS)   By main commodity group (ITS)
Agricultural products   0.5 Agricultural products 13.7
Fuels and mining products   84.2 Fuels and mining products 5.0
Manufactures   11.7 Manufactures 79.9
  By main destination   By main origin
1. Japan   26.8 1. European Union (27)   31.9
2. Taipei, Chinese   23.6 2. United States   13.6
3. United States   17.5 3. China   9.7
4. European Union (27)   7.1 4. Japan   8.7
5. United Arab Emirates   3.6 5. Korea, Republic of   4.5
                         
COMMERCIAL SERVICES TRADE  Value Annual percentage change
2010   2005-2010   2009 2010
Commercial services exports (million US$)  c  10 346   ... 3 10
Commercial services imports (million US$)  c  50 996   ... -5 8
2010   2010
Share in world total exports   0.28   Share in world total imports 1.45
Breakdown in economy's total exports Breakdown in economy's total imports
  By principal services item   By principal services item
Transportation   19.6   Transportation 24.9
Travel   64.9   Travel 41.4
Other commercial services   15.5   Other commercial services 33.6
                         
INDUSTRIAL PROPERTY 
Patent grants by patent office, 2007 Trademark registrations by office
Residents Non-residents  Total  Direct residents Direct non-residents Madrid  Total 
  17   257   274 ... ... ... ...
                         
a  Refers to 2007 and to the average annual percentage change for 2005-2007.
b  Breakdowns by destination/origin refer to 2007.
c  Break in series for commercial services: 2008.