Feasibility study of the Saudi market

[vc_row][vc_column][vc_column_text] 

    Feasibility study of the   Saudi market

A comprehensive analysis of the Saudi market

Geographical features

Economic Profiles

An overview of Saudi exports and imports

Exports of Saudi imports

Egyptian Saudi exports

Introduction

The Kingdom of Saudi Arabia is an Arab Islamic country that occupies the largest part of the Arabian Peninsula. It is distinguished by its strategic location between three continents with its capital Riyadh. The Kingdom is famous for the presence of holy places in it. Before Islam, which was established by King Abdul-Aziz Ibn Saud in 1902 and the title of its leader King Abdul-Aziz (King of the Hijaz and Sultan of Najd and its annexes)

Geographical factors

Saudi Arabia is distinguished by the diversity of its terrain as a result of what it possesses of a large area that forms most of the lands of the Arabian Peninsula and various terrain where there are mountain heights, valleys, sand dunes, plateaus and plains with an area of about two million km 2, which represents approximately 70% of the Arabian Peninsula and has several ports, which is (Jeddah Islamic Port) – King Abdul-Aziz Port in Dammam – King Fahd Industrial Port in Yanbu – Jubail Commercial Port – King Fahd Industrial Port in Jubail – Yanbu Commercial Port – Jizan Port – Dubai Port – Ras Al Khari Port)

Economic factors

The Kingdom’s economy is the largest free market economy in the MENA region, where the Kingdom maintains a share of 25% of the GDP of these countries and oil is the main nerve of the Saudi economy, as the Saudi economy achieved at the end of Yoyo in 2014 the third position as the largest global economy in total reserve assets

An overview of Saudi exports and imports

Saudi exports

Petroleum is the first source of exports in the Kingdom of Saudi Arabia, as the Kingdom ranks second in the world in the oil reserves and the primary in production and export and has about 25% of the total global oil reserves. The Kingdom has other natural resources from industrial raw materials and minerals such as bauxite, limestone, gypsum and phosphate

Saudi imports

The volume of Egyptian exports to the Kingdom of Saudi Arabia during the year 2017 amounted to 1.5 billion dollars, and Saudi Arabia is one of the 5 largest importers of Egyptian products, as it occupies the fourth place annually in terms of the high value of Egyptian exports after the UAE, Turkey and Italy. And pharmacy products, fruits and vegetables, as well as iron and steel. As for the total volume of trade exchange between the two countries, $ 5.577 billion, of which $ 4.034 billion is imports

Egypt’s exports to Saudi Arabia

Conclusion

With this, we will finish our study today on the Saudi market, how we can benefit from it, and what products the Saudi market needs and work on[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_btn title=”View & Download PDF” style=”3d” color=”orange” align=”center” link=”url:http%3A%2F%2Fmosader.com%2Fwp-content%2Fuploads%2Fpdf%2FFeasibility%20study%20of%20the%20Saudi%20market.pdf|title:Feasibility%20study%20of%20the%20Saudi%20Market%20|target:%20_blank|”][/vc_column][/vc_row]