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:

1. 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).
2. Exports to Arab nations hit SAR 59.11 billion, led by UAE (SAR 23.5B), Bahrain (SAR 8.42B), and Egypt (SAR 8.35B).
3. 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.