US trade with Saudi Arabia in the 4th quarter of 2017

Published or Updated: Jun 10, 2018

The report on US foreign trade in goods with Saudi Arabia in the 4th quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Saudi Arabia

In the 4th quarter of 2017, US trade with Saudi Arabia was $8.1 billion, down 13.91% ($1.3 billion) from the 4th quarter of 2016.

US exports to Saudi Arabia in the 4th quarter of 2017 were $3.9 billion, down 19.78% ($1.0 billion) from the 4th quarter of 2016.

US imports from Saudi Arabia in the 4th quarter of 2017 were $4.1 billion, down 7.46% ($0.3 billion) from the 4th quarter of 2016.

US trade balance with Saudi Arabia went from a surplus of $0.4 billion in the 4th quarter of 2016, to a deficit of $0.2 billion in the 4th quarter of 2017.

Saudi Arabia was the US 24th largest trading partner in the 4th quarter of 2017 (down from 22nd in the 4th quarter of 2016), accounting for 0.7729% of US total trade (down from 0.9735% in the 4th quarter of 2016).

Saudi Arabia was the US 20th largest export market in the 4th quarter of 2017 (down from 19th in the 4th quarter of 2016), accounting for 0.9644% of US total exports (down from 1.2935% in the 4th quarter of 2016).

Saudi Arabia was the US 25th largest supplier in the 4th quarter of 2017 (down from 20th in the 4th quarter of 2016), accounting for 0.6500% of US total imports (down from 0.7656% in the 4th quarter of 2016).

US Exports to Saudi Arabia

The major share of US exports to Saudi Arabia in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 58.13% of US total exports to Saudi Arabia (70.63% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 9.30% of US total exports to Saudi Arabia (7.71% in the 4th quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 7.69% of US total exports to Saudi Arabia (8.92% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 2.80% of US total exports to Saudi Arabia (1.77% in the 4th quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 1.01% of US total exports to Saudi Arabia (0.80% in the 4th quarter of 2016);
  • Mineral products (HS codes 25-27) - 0.58% of US total exports to Saudi Arabia (1.22% in the 4th quarter of 2016).

The largest gains in US exports to Saudi Arabia in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Arms and ammunition; parts and accessories thereof (HS code 93) - an increase of $327.1 million;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $234.4 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $50.7 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $23.7 million;
  • Iron and steel (HS code 72) - an increase of $14.9 million.

The largest declines in US exports to Saudi Arabia in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $1,235.8 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $144.2 million;
  • Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds (HS code 86) - a decrease of $90.3 million;
  • Cereals (HS code 10) - a decrease of $83.5 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $38.5 million;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - a decrease of $25.1 million;
  • Residues and waste from the food industries; prepared animal feed (HS code 23) - a decrease of $21.2 million;
  • Miscellaneous chemical products (HS code 38) - a decrease of $21.2 million;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - a decrease of $12.0 million.
US exports to Saudi Arabia in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q4 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
01 Live animals 1,472.2 0.04 4,056.9-63.71
02 Meat and edible meat offal 2,660.2 0.07 3,025.5-12.08
03 Fish and crustaceans, molluscs and other aquatic invertebrates 512.8 0.01 403.826.97
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 13,694.9 0.35 6,102.9124.40
05 Products of animal origin, not elsewhere specified or included 1,319.1 0.03 1,152.114.50
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 102.8 0.00 127.7-19.54
07 Edible vegetables and certain roots and tubers 1,270.4 0.03 1,077.317.92
08 Edible fruit and nuts; peel of citrus fruit or melons 51,263.5 1.30 53,199.0-3.64
09 Coffee, tea, maté and spices 3,624.3 0.09 4,253.3-14.79
10 Cereals 39,781.9 1.01 123,256.0-67.72
11 Products of the milling industry; malt; starches; inulin; wheat gluten 69.2 0.00 510.7-86.45
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 69,091.2 1.76 94,237.0-26.68
13 Lac; gums, resins and other vegetable saps and extracts 1,924.7 0.05 1,137.669.19
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 1,130.0 0.03 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 17,836.6 0.45 29,813.8-40.17
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 4.0 0.00 510.1-99.22
17 Sugars and sugar confectionery 3,047.9 0.08 2,260.034.86
18 Cocoa and cocoa preparations 4,307.4 0.11 5,866.5-26.58
19 Preparations of cereals, flour, starch or milk; bakers’ wares 10,751.3 0.27 12,286.8-12.50
20 Preparations of vegetables, fruit, nuts or other parts of plants 19,373.7 0.49 21,799.7-11.13
21 Miscellaneous edible preparations 32,406.2 0.82 30,837.25.09
22 Beverages, spirits and vinegar 12,415.9 0.32 5,439.1128.27
23 Residues and waste from the food industries; prepared animal feed 14,329.3 0.36 35,564.8-59.71
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 6,944.0 0.18 5,672.622.41
26 Ores, slag and ash 0.0 0.00 3.1-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 15,677.2 0.40 54,134.6-71.04
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 13,347.6 0.34 22,585.5-40.90
29 Organic chemicals 30,767.5 0.78 21,767.841.34
30 Pharmaceutical products 66,439.6 1.69 71,253.9-6.76
31 Fertilizers 103.3 0.00 14.6606.69
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 3,596.2 0.09 3,288.39.36
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 14,461.8 0.37 14,899.0-2.93
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 17,474.8 0.44 11,619.150.40
35 Albuminoidal substances; modified starches; glues; enzymes 6,548.8 0.17 8,152.0-19.67
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 1,605.3 0.04 1,648.0-2.59
37 Photographic or cinematographic goods 339.2 0.01 178.190.46
38 Miscellaneous chemical products 127,393.0 3.24 148,611.7-14.28
39 Plastics and articles thereof 65,669.3 1.67 59,486.510.39
40 Rubber and articles thereof 17,932.5 0.46 14,008.928.01
41 Raw hides and skins (other than furskins) and leather 254.5 0.01 301.5-15.59
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 2,336.5 0.06 1,739.134.35
43 Furskins and artificial fur; manufactures thereof 51.2 0.00 7.3600.88
44 Wood and articles of wood; wood charcoal 3,776.0 0.10 3,404.410.92
45 Cork and articles of cork 12.9 0.00 0.0
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 0.0 0.00 2.7-100.00
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 17,263.9 0.44 17,078.21.09
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 13,351.4 0.34 13,612.6-1.92
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 5,165.4 0.13 5,095.81.37
50 Silk 246.9 0.01 30.7704.37
52 Cotton 61.2 0.00 163.3-62.53
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 0.0 0.00 2.8-100.00
54 Man-made filaments 226.3 0.01 806.3-71.94
55 Man-made staple fibers 372.8 0.01 604.3-38.32
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 2,376.2 0.06 1,522.356.09
57 Carpets and other textile floor coverings 1,367.1 0.03 1,334.62.44
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 29.1 0.00 296.1-90.16
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 3,280.0 0.08 3,449.9-4.92
60 Knitted or crocheted fabrics 1,727.8 0.04 680.8153.77
61 Articles of apparel and clothing accessories, knitted or crocheted 2,052.8 0.05 2,332.0-11.97
62 Articles of apparel and clothing accessories, not knitted or crocheted 6,408.9 0.16 5,374.219.25
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 4,206.6 0.11 1,897.0121.75
64 Footwear, gaiters and the like; parts of such articles 1,171.5 0.03 856.636.77
65 Headgear and parts thereof 647.3 0.02 486.033.19
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 10.8 0.00 38.1-71.51
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 133.4 0.00 94.541.17
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 1,991.9 0.05 2,396.4-16.88
69 Ceramic products 2,315.0 0.06 2,220.84.24
70 Glass and glassware 3,808.4 0.10 2,836.634.26
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 4,678.0 0.12 3,426.736.52
72 Iron and steel 16,391.7 0.42 1,460.61,022.23
73 Articles of iron or steel 48,082.7 1.22 37,458.328.36
74 Copper and articles thereof 9,555.1 0.24 8,041.618.82
75 Nickel and articles thereof 3,668.3 0.09 1,488.2146.49
76 Aluminum and articles thereof 7,074.0 0.18 11,754.3-39.82
78 Lead and articles thereof 43.2 0.00 131.5-67.12
79 Zinc and articles thereof 208.7 0.01 546.5-61.81
80 Tin and articles thereof 29.1 0.00 29.4-0.80
81 Other base metals; cermets; articles thereof 391.2 0.01 327.619.40
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 15,812.6 0.40 18,747.8-15.66
83 Miscellaneous articles of base metal 8,906.0 0.23 6,623.434.46
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 691,890.5 17.60 681,756.81.49
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 507,263.5 12.91 272,908.085.87
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 8,148.3 0.21 98,423.3-91.72
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 662,917.7 16.87 807,090.7-17.86
88 Aircraft, spacecraft, and parts thereof 236,236.1 6.01 1,472,079.5-83.95
89 Ships, boats and floating structures 251.7 0.01 565.4-55.47
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 178,113.8 4.53 127,398.039.81
91 Clocks and watches and parts thereof 1,893.2 0.05 1,809.54.62
92 Musical instruments; parts and accessories of such articles 94.8 0.00 9.3924.69
93 Arms and ammunition; parts and accessories thereof 594,309.1 15.12 267,222.6122.40
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 33,842.2 0.86 24,727.036.86
95 Toys, games and sports requisites; parts and accessories thereof 11,682.8 0.30 12,196.4-4.21
96 Miscellaneous manufactured articles 1,813.1 0.05 1,797.70.85
97 Works of art, collectors’ pieces and antiques 319.2 0.01 595.1-46.37
99 Commodities not specified according to kind 121,577.6 3.09 97,871.324.22

US Imports from Saudi Arabia

The major share of US imports from Saudi Arabia in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 89.84% of US total imports from Saudi Arabia (93.96% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 4.42% of US total imports from Saudi Arabia (2.90% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 3.46% of US total imports from Saudi Arabia (0.61% in the 4th quarter of 2016).

The largest gains in US imports from Saudi Arabia in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Aluminum and articles thereof (HS code 76) - an increase of $72.3 million;
  • Organic chemicals (HS code 29) - an increase of $46.4 million;
  • Articles of iron or steel (HS code 73) - an increase of $30.7 million;
  • Iron and steel (HS code 72) - an increase of $14.5 million;
  • Fertilizers (HS code 31) - an increase of $13.7 million.

The largest declines in US imports from Saudi Arabia in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $483.3 million;
  • Commodities not specified according to kind (HS code 99) - a decrease of $23.1 million;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - a decrease of $16.7 million.
US imports from Saudi Arabia in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q4 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 747.9 0.02 1,783.8-58.07
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 0.0 0.00 75.6-100.00
05 Products of animal origin, not elsewhere specified or included 4.1 0.00 0.0
08 Edible fruit and nuts; peel of citrus fruit or melons 58.8 0.00 44.731.55
09 Coffee, tea, maté and spices 0.0 0.00 7.5-100.00
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 0.0 0.00 6.2-100.00
17 Sugars and sugar confectionery 40.9 0.00 0.0
19 Preparations of cereals, flour, starch or milk; bakers’ wares 322.3 0.01 163.696.97
20 Preparations of vegetables, fruit, nuts or other parts of plants 0.0 0.00 38.5-100.00
22 Beverages, spirits and vinegar 194.2 0.00 184.85.04
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 3,710,640.4 89.84 4,193,931.3-11.52
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0.0 0.00 16,657.3-100.00
29 Organic chemicals 108,485.4 2.63 62,072.774.77
30 Pharmaceutical products 494.4 0.01 375.331.73
31 Fertilizers 51,537.9 1.25 37,835.036.22
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 57.6 0.00 75.7-23.87
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 315.6 0.01 784.4-59.77
38 Miscellaneous chemical products 613.3 0.01 1,572.7-61.00
39 Plastics and articles thereof 19,786.3 0.48 10,184.194.29
40 Rubber and articles thereof 1,458.1 0.04 8.018,060.34
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 2.7 0.00 0.0
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 0.0 0.00 276.7-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 0.0 0.00 34.6-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 86.1 0.00 58.746.58
50 Silk 0.0 0.00 12.6-100.00
52 Cotton 0.0 0.00 3.4-100.00
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 0.0 0.00 10.2-100.00
54 Man-made filaments 9,154.6 0.22 7,860.216.47
55 Man-made staple fibers 3,718.2 0.09 3,529.15.36
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 1,167.7 0.03 867.934.54
57 Carpets and other textile floor coverings 714.1 0.02 176.3305.10
61 Articles of apparel and clothing accessories, knitted or crocheted 6.8 0.00 4.071.09
62 Articles of apparel and clothing accessories, not knitted or crocheted 215.5 0.01 67.3220.17
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 12.8 0.00 11.313.14
64 Footwear, gaiters and the like; parts of such articles 0.0 0.00 10.2-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 148.9 0.00 569.5-73.86
69 Ceramic products 145.8 0.00 42.1246.42
70 Glass and glassware 1,636.7 0.04 1,557.25.11
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 1,056.6 0.03 219.2382.07
72 Iron and steel 14,647.9 0.35 132.310,969.94
73 Articles of iron or steel 30,946.2 0.75 227.913,478.21
74 Copper and articles thereof 205.9 0.00 852.7-75.85
75 Nickel and articles thereof 342.6 0.01 40.6743.65
76 Aluminum and articles thereof 96,497.3 2.34 24,206.6298.64
78 Lead and articles thereof 0.0 0.00 1,268.3-100.00
81 Other base metals; cermets; articles thereof 0.0 0.00 34.1-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 45.6 0.00 265.5-82.82
83 Miscellaneous articles of base metal 152.4 0.00 103.647.14
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 4,718.4 0.11 3,785.724.64
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 15,673.1 0.38 15,422.81.62
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 76.6 0.00 0.0
88 Aircraft, spacecraft, and parts thereof 123.6 0.00 228.2-45.86
89 Ships, boats and floating structures 104.1 0.00 15.3582.46
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 500.1 0.01 302.665.25
91 Clocks and watches and parts thereof 0.0 0.00 37.5-100.00
93 Arms and ammunition; parts and accessories thereof 235.0 0.01 358.5-34.44
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 96.0 0.00 80.419.35
95 Toys, games and sports requisites; parts and accessories thereof 10.9 0.00 0.0
96 Miscellaneous manufactured articles 0.0 0.00 3.0-100.00
97 Works of art, collectors’ pieces and antiques 1,654.1 0.04 310.2433.17
99 Commodities not specified according to kind 51,425.6 1.25 74,513.9-30.99
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce