Saudi Arabia B2B Marketplace
Saudi Arabia possesses around 18 per cent of the world’s proven petroleum reserves and ranks as the largest exporter of petroleum. The oil and gas sector accounts for about 50 per cent of gross domestic product, and about 70 per cent of export earnings.
Saudi Arabia is the 27th largest export economy in the world. In 2016, Saudi Arabia exported $163B and imported $131B, resulting in a positive trade balance of $31.8B. In 2016 the GDP of Saudi Arabia was $646B and its GDP per capita was $54.4k.
The top exports of Saudi Arabia are Crude Petroleum ($96.1B), Refined Petroleum ($13B), Ethylene Polymers ($10.1B), Propylene Polymers ($4.93B) and Ethers ($3.6B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars ($11.8B), Planes, Helicopters, and/or Spacecraft ($3.48B), Packaged Medicaments ($3.34B), Broadcasting Equipment ($3.27B) and Aircraft Parts ($2.18B).
The top export destinations of Saudi Arabia are China ($20.8B), Japan ($17.5B), India ($17.2B), the United States ($15.9B) and South Korea ($14.3B). The top import origins are China ($19.5B), the United States ($15.7B), Germany ($8.16B), the United Arab Emirates ($6.74B) and Japan ($6.04B).
Saudi Arabia borders the United Arab Emirates, Iraq, Jordan, Kuwait, Oman, Qatar and Yemen by land and Egypt, Eritrea, Sudan, Bahrain and Iran by sea.
We need the cooperation of Saudi Arabia to obtain representation.
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