commodities
Saudi Arabia: Fuel Share of Exports
Latest
78.73% of merchandise exports
Methodology
## What this measures
Fuels (SITC 3: crude oil, refined products, natural gas, coal) as a percent of Saudi Arabia's merchandise exports.
## Why it matters
It measures how much of Saudi Arabia's export earnings depend on oil and gas. Saudi Vision 2030 aims to diversify away from oil; this is one plain test of it.
## How to read it
Annual, dated December 31. It was 78.7% in 2025, down from 79.4% in 2024. Since 1996 it has ranged from 72.6% (2020) to 92.3% (2000). It falls when oil prices fall as well as when other exports grow, so read it with the oil price.
## What it does not say
It covers goods only, not services such as tourism or finance, and it shows shares, not dollar amounts.
## Source
World Bank, World Development Indicators (`TX.VAL.FUEL.ZS.UN`), from UN Comtrade merchandise trade data classified by SITC, via api.worldbank.org. CC BY 4.0.
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