Where are Saudi Arabia's main export markets?

China is the main export market for Saudi Arabia. Comtrade data recorded that Saudi Arabia's exports to China in 2015 reached US$30.15 billion, or approximately Rp 413 trillion. This figure is lower than in 2014, which was US$48.5 billion. The United States is Saudi Arabia's second-largest export market, valued at US$23.36 billion, followed by India in third place with exports worth US$21.35 billion. Indonesia ranks 12th in the Saudi market share, with exports valued at US$3.4 billion, or approximately Rp 48 trillion.

The fall in oil prices from mid-2014 to early 2016 shook the Petrodollar Kingdom's economy. Oil prices below US$30 per barrel forced the Saudi Arabian government to borrow funds from the International Monetary Fund (IMF) to cover its budget deficit.

King Salman bin Abdulaziz Al Saud, with an entourage of 1,500, visited several Asian countries, including Indonesia. The visit by the Saudi King is part of an economic reform effort to diversify the economy away from its reliance on oil. The Saudi Arabian government is also exploring funding options, including the divestment of Saudi Aramco shares to the public in 2018. The target funding is approximately US$100 billion.