What are the main Saudi exports to Turkey?

The goods and products exported by the Kingdom to Turkey are diverse, and the most important of these are: crude oil and its products, high-density polyethylene, compound polypropylene polymers, polypropylene, styrene, and other products and goods.

What are the main exports of Turkey to Saudi Arabia?

Food and clothing products of all kinds, in addition to tobacco products, textile and carpet industries, building stone and marble, as well as metal and wooden industries such as furniture.

What is the volume of trade exchange between Saudi Arabia and Turkey?

The value of Saudi imports from Turkey increased to 833.6 million riyals (222.28 million dollars) in August 2020, up from 693.4 million in July 2020, according to the Saudi General Authority for Statistics, making Turkey the ninth largest exporter to Saudi Arabia. Official data showed that total Saudi exports increased by more than 12% to about 15.3 billion dollars in August compared to July 2020, but exports to Turkey fell to 879.4 million riyals from 966.4 million riyals in July 2020. According to the latest figures from the Turkish Ministry of Trade website, Turkish exports to Saudi Arabia between January and August 2020 reached 1.9 billion dollars, a decrease of 400 million dollars compared to the same period in 2019, when Turkish exports to Saudi Arabia reached 2.3 billion dollars. As for the figures of Saudi exports to Turkey during the same period between January and August 2020, they amounted to 1.1 billion dollars, after being 1.44 billion dollars in the same period in 2019, also a decrease of 350 million dollars.

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Questions about Saudi investments in Turkey and trade exchange between them

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Most Popular Questions "Questions about Saudi investments in Turkey and trade exchange between them"

Not at all suspended, as official Turkish sources confirm that it is unlikely for the Saudi government to make an official decision to ban the import of Turkish products and prevent dealings with Turkish companies and investors. On the contrary, Saudi-Turkish relations have witnessed significant developments recently, heralding the prosperity of economic and commercial cooperation between them.