Sa'udi Arabia's commodity exports are dominated by mineral fuels, which account for 13% of the world's mineral fuel exports. Crude petroleum (79% of total exports, 16.3% of world crude petroleum exports) and refined petroleum products (12% and7.1%, respectively) are the largest exports. Other exports include polymers (1.2%) and industrial alcohols (1.4%, accounting for8.1% of the world's industrial alcohol exports).
In 2000 Sa'udi Arabia's imports were distributed among the following categories:
Consumer goods | 17.3% |
Food | 15.9% |
Fuels | 0.2% |
Industrial supplies | 24.2% |
Machinery | 19.9% |
Transportation | 21.2% |
Other | 1.3% |
Principal trading partners in 1998 (in millions of US dollars) were as follows:
COUNTRY | EXPORTS | IMPORTS | BALANCE |
Japan | 6,524 | 4,392 | 2,132 |
United States | 6,517 | 11,577 | -5,060 |
Korea | 3,986 | 1,456 | 2,530 |
Singapore | 2,982 | 420 | 2,562 |
India | 2,338 | 767 | 1,571 |
France | 1,622 | 1,570 | 52 |
Netherlands | 1,538 | 691 | 847 |
United Kingdom | 1,345 | 4,896 | -3,551 |
Italy | 1,259 | 1,814 | -555 |
Germany | 527 | 2,652 | -2,125 |
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