Germany-Saudi Arabia Bilateral Trade Analysis 2023
Complete trade statistics: $12.18B total volume •Germany surplus: $6.90B
Germany → Saudi Arabia
$9.54B
Exports (2023)
Saudi Arabia → Germany
$2.64B
Imports (2023)
Trade Balance
$6.90B
Surplus for Germany
Total Trade
$12.18B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Germany and Saudi Arabia. Green line shows exports from Germany, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Germany-Saudi Arabia commercial relationship and competitive positioning in global markets.
Germany → Saudi Arabia Exports
Export Market Intelligence
🎯 Strategic Export Focus
Germany's export portfolio to Saudi Arabia demonstrates strong diversification across multiple sectors, with aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg representing a key competitive advantage in this bilateral market.
Saudi Arabia → Germany Imports
Import Dependency Profile
📦 Import Strategy Analysis
Germany's import pattern from Saudi Arabia reveals significant dependencyin oils: petroleum oils and oils obtained from bituminous minerals, crude, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Germany demonstrates competitive strength in exportingaeroplanes and other aircraft: of an unladen weight exceeding 15,000kg to Saudi Arabia, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $12.18B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Germany-Saudi Arabia Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $12.18 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Germany maintains a surplus of $6.90 billion
- Export Focus: Germany's primary exports include aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg, tractors: road, for semi-trailers, vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity not over 1000cc
- Import Dependencies: Key imports from Saudi Arabia include oils: petroleum oils and oils obtained from bituminous minerals, crude, petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, waste and scrap of precious metals: waste and scrap of precious metals including metal clad with precious metals, other than that of gold and platinum and excluding ash which contains precious metal or precious metal compounds
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents a significant global trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $12.18B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Germany leveraging its comparative advantages in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Germany's specialization in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kgcomplements Saudi Arabia's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in oils: petroleum oils and oils obtained from bituminous minerals, crude.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $12.18B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $12.18B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $12.18 billion bilateral trade volume represents a significant economic factorfor both economies.
Industrial Integration
Trade flows in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg and oils: petroleum oils and oils obtained from bituminous minerals, crude demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Germany's trade surplus of $6.90 billion strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Germany and Saudi Arabia represents a total trade volume of $12.18 billion in 2023. This partnership demonstrates a favorable trade balance for Germany, with exports exceeding importsby $6.90 billion.
Export Strengths
Germany's exports to Saudi Arabia total $9.54 billion, with competitive advantages in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg, representing $797.42M or8.4% of bilateral exports.
Import Dependencies
Imports from Saudi Arabia amount to $2.64 billion, highlighting economic interdependence in oils: petroleum oils and oils obtained from bituminous minerals, crude, with Oils: petroleum oils and oils obtained from bituminous minerals, crude comprising59.4% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Germany's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Germany and Saudi Arabia in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023