Observe the Kingdom of Saudi Arabia and the US of America
Saudi Arabia and the US of America are consolidating their financial partnership as main buying and selling companions, based mostly on robust ties that reach for many years between the biggest economic system within the Arab area and the biggest international economic system. This partnership consists of vital strategic sectors, most notably power, protection industries, and expertise, along with direct funding.
Together with the official working go to initiated as we speak by Crown Prince Mohammed bin Salman, to Washington, DC, the numbers make clear the developments witnessed in commerce trade between Saudi Arabia and the US through the previous ten years.
In the course of the interval from 2015 to 2024, the overall quantity of commerce trade between the 2 nations amounted to about 1.4 trillion riyals, as Saudi Arabia’s exports to America amounted to roughly 638 billion riyals, whereas the Kingdom’s imports from the US reached 698 billion riyals throughout the identical interval.
It’s famous that the best annual trade quantity between the 2 nations was recorded in 2018, at a price of 166.3 billion riyals, whereas it declined to its lowest degree in 2020, with a complete of 86.16 billion riyals, affected by the Corona pandemic and the accompanying international slowdown within the motion of commerce and funding.
The next desk exhibits the amount of commerce trade between Saudi Arabia and America through the previous ten years:
|
Commerce trade between the Kingdom and America – one billion riyals |
|||
|
Basic |
Saudi exports to America |
American imports to Saudi Arabia |
Commerce quantity |
|
2015 |
80.50 |
89.70 |
170.20 |
|
2016 |
65.60 |
75.80 |
141.40 |
|
2017 |
69.00 |
66.00 |
135.00 |
|
2018 |
95.62 |
70.64 |
166.30 |
|
2019 |
49.02 |
71.02 |
120.04 |
|
2020 |
31.02 |
55.14 |
86.16 |
|
2021 |
53.52 |
60.55 |
114.07 |
|
2022 |
87.12 |
65.00 |
152.12 |
|
2023 |
58.50 |
70.58 |
129.08 |
|
2024 |
47.96 |
73.75 |
121.71 |
|
Complete ten years |
637.86 |
698.18 |
1336.8 |
Mineral merchandise, natural chemical merchandise, fertilizers, aluminum and its merchandise, and plastics and its merchandise are among the many most outstanding items that Saudi Arabia exports to the US. Then again, the Kingdom imports from America a variety of products, most notably automobiles and their spare elements, air autos and their elements, along with electrical home equipment and medical units.
The Saudi-American Enterprise Council was established in 2003, with the purpose of strengthening the commerce and funding partnership between the 2 nations and eradicating obstacles that will hinder the circulate of investments between the 2 nations.
The stability of American direct funding in Saudi Arabia amounted to about 68.3 billion riyals by the tip of 2024, constituting 7% of the overall direct funding within the Kingdom by the tip of 2024, based on the Ministry of Funding, which indicated that the sectors of transportation and storage, manufacturing business, and wholesale and retail commerce have been the best sectors of the stability of international direct funding..
The Kingdom ranks 18th on the planet among the many largest holders of US bonds, with a price of $131.7 billion through the month. Final JulyIt’s distributed between $104.3 billion in long-term bonds, representing 79% of the overall, and $27.4 billion in short-term bonds, representing 21%.
Greater than 1,300 American firms function in Saudi Arabia, whereas 200 firms, together with Riyadh, have chosen town of Riyadh as their regional headquarters.
The worth of the Public Funding Fund’s possession within the American market amounted to about $19.4 billion By the tip of the third quarter of 2025It’s distributed amongst strategic investments concentrated in 6 American firms, together with Lucid Group, Digital Arts, Uber, Take2 Interactive, Allurion Applied sciences, and Readability.
Final Could witnessed the primary international go to of US President Donald Trump after assuming the second presidency, when he visited the capital, Riyadh, and through the go to quite a lot of agreements and memorandums of understanding have been signed, most notably the strategic financial partnership doc, along with a memorandum of cooperation within the mining and mineral assets sector between the Saudi Ministry of Business and Mineral Sources and the US Division of Power.
In the course of the Saudi-American Funding Discussion board in Riyadh, Crown Prince Mohammed bin Salman confirmed that work is underway on partnership alternatives amounting to 600 billion {dollars}, together with agreements exceeding 300 billion {dollars} introduced through the discussion board, with the second part being accomplished through the coming months to achieve the dimensions of the agreements to boost it to at least one trillion {dollars}.
The discussion board resulted within the signing of greater than 140 agreements and memorandums of understanding value greater than $300 billion, protecting the fields of power, expertise, synthetic intelligence, business, provide chains, well being, biosciences, finance, and asset administration.
These rising indicators – from the expansion of commerce trade to the enlargement of investments and the signing of memorandums of understanding – present that the financial partnership between Saudi Arabia and the US is transferring in direction of a broader part of strategic cooperation. With the large initiatives and agreements at present being labored on, it’s anticipated that the subsequent decade will witness extra financial integration and deepening funding alternatives between Riyadh and Washington, reflecting their influential financial place on the regional and worldwide ranges.
