Saudi Arabia

On this page you will find beneficial information regarding foreign direct investment in / trading with Saudi Arabia. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.

It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.

Type of Government: Monarchy
Population: 35.95 million (2021)
GDP: 833.5 billion USD (2021)
Corporate Tax Rate: 20%
Personal Income Tax Rate: 20%
Major Exports: Crude Petroleum ($138B), Refined Petroleum ($35.9B), Ethylene Polymers ($12.5B), Propylene Polymers ($7.13B), and Acyclic Alcohols ($5.39B), exporting mostly to China ($48.7B), India ($25.6B), Japan ($24.1B), South Korea ($21.5B), and United Arab Emirates ($14B).
Major Imports: Cars ($12.1B), Refined Petroleum ($7.43B), Broadcasting Equipment ($4.29B), Gold ($3.65B), and Packaged Medicaments ($3.13B), importing mostly from China ($29B), United Arab Emirates ($22.3B), United States ($11.6B), India ($8.69B), and Germany ($6.42B).

December 31, 2022
Major exports of Saudi Arabia

How to Register a Trademark in Saudi Arabia

October 8, 2022
Major exports of Saudi Arabia

Employment Rules and Regulations in Saudi Arabia

September 8, 2022
Major exports of Saudi Arabia

Corporate Income Tax in Saudi Arabia

June 6, 2022
Major exports of Saudi Arabia

The Major Imports of Saudi Arabia

January 14, 2022
Major exports of Saudi Arabia

Major exports of Saudi Arabia

November 30, 2021
Major exports of Saudi Arabia

How to Register a Company in Saudi Arabia

October 23, 2021
Major exports of Saudi Arabia

The Role of Chambers of Commerce in Saudi Arabia

May 25, 2020
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