5 Countries With The Highest Trade Surplus in the World

4. Saudi Arabia

Net Trade Surplus in US$ (Thousands): 187,668,722.12

Saudi Arabia’s economy is heavily reliant on its extensive oil reserves. This valuable resource drives its petrochemical industry, resulting in exports of various products, including petrochemicals, metal goods, construction materials, electrical appliances, and plastics, to a network of around 90 countries. Saudi Arabia also depends on imports to fulfill its domestic requirements. Vehicles and automotive parts constitute the main imports. Key trading partners for Saudi Arabia include China, the United States, India, Germany, Japan, and South Korea.