Saudi Arabia - World trade indicators 2009 : Trade at a glance

 72753 World Trade Indicators 2009/10 Saudi Arabia: Trade-at-a-Glance Table 2008 GDP 2008 GDP 2008 Share 2008 Trade Membership No. of FTAs/ EIAs (millions) per capita in World Trade per capita GATT WTO Goods Services $467,601 $18,973 1.25% $19,347 No 2005 2 0 TRADE PERFORMANCE‡ SArabia HI non- Ranking Decile OECD High inc TRADE POLICY (TP) (out of 125) 19 2 EXTERNAL ENVIRONMENT (EE) (out of 125) 42 4 INSTITUTIONAL ENVIRONMENT (IE) (out of 183) 13 1 TRADE FACILITATION (TF) (out of 155) 40 3 TRADE OUTCOME (TO) (out of 157) 63 5 Outer bound represents best value in latest year ‡ Rankings are based on the representative indicators (in bold) in each group below for the latest year TRADE POLICY (TP) 1995-99^ 2000-04^ 2005-08^ Latest Tariff Trade Restrictiveness Index TTRI (MFN applied tariff) 11.8 4.7 3.8 * TTRI (applied tariff including preferences) .. 3.8 3.5 * MFN applied tariff (spl avg) OTRI (Overall TRI, applied tariff incl. prefs.+NTMs) .. 5.3 5.0 * MFN applied tariff - simple avg (%) 12.2 8.4 5.1 4.9 TTRI (MFN) Dispersion (coefficient of variation) 0.4 2.2 2.3 2.1 Maximum rate (excl. alcohol and tobacco) .. .. 7.5 5.0 Agriculture - simple avg (%) 12.8 10.8 7.3 6.9 MFN applied tariff (wgt avg) Nonagriculture - simple avg (%) 12.1 8.0 4.8 4.7 MFN applied tariff - trade weighted avg (%) 11.4 11.1 5.1 4.8 Applied tariff (wgt avg) Applied tariff (incl. prefs.) - trade weighted avg (%) 11.4 11.1 4.9 4.7 Agriculture 12.7 28.2 10.2 10.1 Import duties Nonagriculture 11.1 7.9 4.3 4.1 Applied tariff (incl. prefs.) - production weighted avg (%) .. .. .. 0 10 20 30 MFN applied tariff escalation (finished % minus raw %) .. 0.2 0.6 SArabia HI non-OECD High inc Agriculture .. .. 3.6 4.8 Nonagriculture .. .. 0.4 0.3 Import duties (% of imports) .. .. .. .. Tariff overhang (MFN bound minus MFN applied rate,%) .. .. 6.7 6.9 GATS commit. Bound tariff frequency ratio (% of total lines) 0.0 0.0 50.0 100.0 index Non-ad valorem tariff frequency ratio (%) 0.8 2.2 1.3 1.4 Non-tariff measures frequency ratio (%) 15.4 .. .. .. 0 40 80 Anti-dumping initiations 0.0 0.0 0.0 0.0 SArabia HI non-OECD High inc Overall GATS commitment index (0-100, best) .. 55.51 55.51 * EXTERNAL ENVIRONMENT (EE) 1995-99^ 2000-04^ 2005-08^ Latest Market Access-TTRI (MA-TTRI, applied tariff incl. prefs.) 2.2 1.7 * MA-TTRI MA-OTRI (applied tariff incl. prefs. and NTMs) 3.2 2.6 * ROW applied tariff (incl. prefs.) - trade weighted avg (%) 109.1 2.7 1.1 0.8 ROW applied(wgt avg) Agriculture 12.9 12.7 4.0 3.9 Nonagriculture 109.5 2.7 1.0 0.8 MFN zero duty exports (%) MFN zero-duty exports (% of total exports) 28.5 32.8 54.3 47.8 * Exports to FTA / CU partners (% of total exports) 0.0 0.0 19.0 25.7 SArabia 0 HI non-OECD High inc 1 Anti-dumping initiations faced 1.4 1.4 1.5 4.0 All numbers normalized to a 0 to 1 scale Real effective exchange rate (% change,+ =apprec.) 0.6 -2.9 -1.6 1.3 All data are as of January 2010 and are drawn from the World Trade Indicators 2009/10 Database. The database, Trade-at-a-Glance Tables, Country Trade Briefs and User Guide, are available at http://www.worldbank.org/wti. ^ Indicators shown are period averages. "Latest" indicates 2008, when not available, 2006 or 2007 (noted by *). EAP: East Asia and Pacific, ECA: Europe and Central Asia, LAC: Latin America and the Caribbean, MNA: Middle East and North Africa, SAS: South Asia, SSA: Sub-Saharan Africa. GATT: General Agreement on Tariffs and Trade; WTO: World Trade Organization; FTA: free trade agreement; EIA: economic integration arrangement; NTM: nontariff measures; ROW: rest of the world; CU: customs union; ".." indicates missing value. World Trade Indicators 2009/10 Trade-at-a-Glance Tables INSTITUTIONAL ENVIRONMENT (IE) 2006 2007 2008 2009 Ease of Doing Business (rank out of 183) .. 24 15 13 Ease of Starting a business (rank) .. 38 31 13 Doing 160 Business Enforcing contracts (rank) .. 136 138 140 Rank Closing a business (rank) .. 82 60 60 80 World Governance Indicators (WGI) 2005 2006 2007 2008 SArabia Regulatory Quality (-2.5 to +2.5, best) 0.02 -0.18 -0.10 0.17 HI non-OECD Rule of Law (-2.5 to +2.5, best) 0.14 0.15 0.19 0.33 High inc 0 Control of Corruption (-2.5 to +2.5, best) -0.02 -0.11 -0.16 0.11 TRADE FACILITATION (TF) 1995-99^ 2000-04^ 2005-08^ Latest Logistics Performance Index (LPI, 1 to 5 best) .. .. 3.0 3.2 Efficiency of customs and other border procedures .. .. 2.7 2.9 Quality of transport and IT infrastructure .. .. 3.0 3.3 Logistics Performance Ease of arranging competitively-priced shipments .. .. 2.9 2.8 Index Logistics competence .. .. 2.9 3.3 Ability to track and trace shipments .. .. 3.0 3.3 0 2 4 Timeliness of shipments .. .. 3.7 3.8 SArabia HI non-OECD High inc Trading Across Borders (Doing Business, rank out of 183) 18 23 No. of documents required for export .. .. 5 5 200 No. of days required to export .. .. 16 17 160 Cost to export (US$ per container) .. .. 749 681 120 No. of documents required for import .. .. 7 5 80 No. of days required to import .. .. 27 18 40 Cost to import (US$ per container) .. .. 661 678 0 Telephones (fixed + mobile) per 100 people 12.6 38.6 118.7 163.3 Trading Across Borders Rank Internet users per 100 people 0.1 6.4 22.1 29.2 SArabia HI non-OECD High inc Export credit insured exposures - short term (% of goods export) .. 11.5 11.5 TRADE OUTCOME (TO)# 1995-99^ 2000-04^ 2005-08^ Latest Real growth in trade of goods and services (%) ## 0.9 5.8 9.5 6.8 Real Trade Growth Rate 10 9.5 Exports 2.9 4.5 1.5 6.4 9 9.1 8.7 8 8.1 7.8 Imports -2.3 8.5 20.3 7.2 7 6.6 6.7 6.8 6 5.8 Goods 2.0 4.8 5.3 7.1 5 4 Services 1.8 4.2 19.0 4.4 3 3.4 2.7 2 Nominal growth in trade of goods and services (%) 5.0 16.3 27.6 35.4 1 0.9 0 Exports 6.7 20.5 28.1 42.8 1995-99 2000-04 2005-07 2008 Imports 3.5 8.8 27.3 20.0 SArabia HI non-OECD Trade integration (trade as % of GDP) 60.2 64.7 88.7 96.0 High inc Goods balance (% GDP) 16.7 26.5 42.1 47.5 Export Composition (2005-08) Food balance (% GDP) -2.8 -2.4 -2.4 -2.6 * Service, Services balance (% GDP) -4.2 -1.7 -4.3 -5.2 3.2 Agric, 0.7 Manufac, Goods share of total exports (%) 92.4 94.1 96.8 97.5 Minral, 0.2 8.0 Services share of total exports (%) 7.6 5.9 3.2 2.5 Goods exports as a share of world goods exports (rank)** 25 21 17 15 Services exports as share of world services exports (rank)** 44 44 53 54 Foreign Direct Investment (FDI) inflows (% of GDP) 0.5 -0.3 -0.6 -2.1 * Total remittances inflows (% GDP) .. .. 0.0 0.0 Export product concentration index (0-100, most) 71.5 76.0 76.5 77.5 * Fuels, 87.6 Export market concentration index (0-100, most) 58.3 48.1 25.7 24.3 Top 5 export markets (shares) USA (19%), Japan (17%), China, People's Rep. of (10%), Korea (9%), Taiwan (5%) Top 5 import markets (shares) USA (12%), China, People's Rep. of (11%), Japan (8%), Germany (8%), Italy (5%) Top 5 export products (SITC 3 digit-shares) 333-Petrol, crude (78%), 334-Hvy petrol. (8%), 342-Liqd propane/butane (3%), 571-Prmy ethylene polymer (2%), 512-Alcohols (1%) Top 5 import products (SITC 3 digit-shares) 781-Cars (9%), 679-Iron/steel pipe (4%), 764-Telecom eqpt (4), 741-Indust heat/cool equipmt (3%), 782-Goods/serv vehic (3%) ^ Indicators shown are period averages (except for Trading Across Borders rank: 2005-08 reflects 2008). "Latest" indicates 2008 (for Doing Business, LPI 2009), when not available, 2006 or 2007 (noted by *). # Outcome indicators are from the World Bank Development Data Group, Prospects Group, UNCTAD and COMTRADE. ## In constant 2000 US dollars. ** Rank is based on average annual world share for each period. The sample sizes are 173, 179, 180 and 173 countries, respectively.