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Republic of Korea
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Overview

Republic of Korea

The information presented in this report shows the interaction of Saudi Arabia and Republic of Korea in terms of economic and social factors.

In December 2025, Saudi Arabia exported 16.8 billion to Republic of Korea, representing 8.7% of Saudi Arabia's total exports during that month.

The main products exported by Saudi Arabia to Republic of Korea in December 2025 were mineral fuels, oils and waxes and copper and articles thereof.

Regarding non-oil exports, these amounted to 140.9 million, with base metals and their articles being the main product exported to Republic of Korea.

In December 2025, Saudi Arabia imported 2.2 billion from Republic of Korea, representing 2.6% of Saudi Arabia's total imports during that month.

The main products imported by Saudi Arabia from Republic of Korea in December 2025 were vehicles other than railway or tramway; parts thereof and boilers, machinery, mechanical goods; parts thereof.

Republic of Korea achieved positive growth in the foreign direct investment (FDI) stock at the end of 2024 with Saudi Arabia, which amounted to 9.0 billion, compared to the FDI stock of 2023, which was 7.7 billion.

Foreign Trade

Trade Balance

In December 2025, exports from Saudi Arabia to Republic of Korea amounted to 16.8 billion (8.7% of total exports), while imports from Republic of Korea amounted to 2.2 billion (2.6% of total imports). As a result, the trade balance resulted in a surplus of 14.7 billion.

The graph shows the monthly evolution of exports from Saudi Arabia to Republic of Korea and the monthly evolution of imports from Republic of Korea. The line represents the trade balance.

Trade Balance

Exports by Main Section

Saudi Arabia's exports to Republic of Korea in 2025 reached a total of 129.8 billion. The main section wise exports in terms of commercial value were mineral fuels, oils and waxes ( 125.0 billion), organic chemicals ( 1.3 billion), and copper and articles thereof ( 1.1 billion).

The chart shows section wise exports by Saudi Arabia to Republic of Korea annually, measured in commercial value.

Section Wise Exports to Republic of Korea

Non-Oil Exports

Non-oil exports from Saudi Arabia to Republic of Korea in March 2026 reached a total of 140.9 million. The main non-oil exports were base metals and their articles ( 60.7 million), products of the chemical industries ( 59.8 million), and plastics, rubber and their articles ( 13.0 million).

The graph shows the non-oil products exported from Saudi Arabia to Republic of Korea monthly.

Non-Oil Exports by Products

Imports by Main Section

Saudi Arabia's imports from Republic of Korea in 2025 reached a total of 20.2 billion. The main section wise imports in terms of commercial value were vehicles other than railway or tramway; parts thereof ( 6.3 billion), boilers, machinery, mechanical goods; parts thereof ( 4.0 billion), and electrical machinery and equipment and parts thereof ( 2.4 billion).

The chart shows section wise imports by Saudi Arabia from Republic of Korea annually, measured in commercial value.

Section Wise Imports from Republic of Korea

Foreign Direct Investment

FDI Stock

In 2024, 9.0 billion in FDI stock were recorded, being higher by 16.2% compared to the previous year.

The graph shows the annual evolution of the stock of FDI from Republic of Korea in Saudi Arabia.

Annual Evolution of FDI Stock

FDI Flow

In 2024, the value of the Foreign Direct Investment (FDI) Inflow was 1.4 billion while the FDI Outflow reached a value of 161.9 million. These amounts resulted in an FDI Net Inflow of 1.3 billion, higher by 865.3% than the previous year.

The graph shows the annual evolution of FDI Inflow and Outflow between Republic of Korea and Saudi Arabia. The line represents the FDI Net Inflow.

Note:

FDI inflows: Financial transactions that arise between the FDI institution, direct investors and related companies outside the Saudi economy, which occur during a certain period of time, and form inflows when their positive impact appears in excess of equity and/or debt instruments.

FDI outflows: These are financial transactions that arise between the Foreign Direct Investment Corporation, direct investors, and related companies outside the Saudi economy, and which occur during a certain period of time. They are outflows when their impact appears in a decrease in the side of obligations, such as paid dividends or repayment of loans and credit receivables, or when the foreign shareholder exits.

FDI net inflow: It represents the difference between inflows and outflows of foreign direct investment inflows.

Annual Evolution of FDI Inflow and Outflow

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