Saudi Arabia Expands Arab Trade to SAR 87.7 Billion in Q4 2024, with 6.2% Annual Growth
This article was translated using artificial intelligence and the original language of the article is Arabic.
Key Points:
- Saudi-Arab trade surged to SAR 87.7 billion (17.2% of total foreign trade), achieving a 37.3% increase in trade surplus (SAR 30.46 billion).
- Exports to Arab nations hit SAR 59.11 billion, led by UAE (SAR 23.5B), Bahrain (SAR 8.42B), and Egypt (SAR 8.35B).
- Imports from Arab states reached SAR 28.6 billion, reflecting regional economic integration under Vision 2030.
Conclusion:
Saudi Arabia solidifies its role as a regional trade hub, leveraging strategic partnerships to boost intra-Arab commerce and economic diversification.
