Saudi Arabia’s Foreign Trade Soars to $17,200 Million – The Rise of a World-Class Economy

2023-08-27 06:35:15

Riyadh – Saudi Arabia’s foreign trade reached 17,200 million dollars within a year, according to the Minister of Commerce and Chairman of the Board of Directors of the General Authority of Foreign Trade. Majid Al Khasabi said. The remarks were made at the meeting of G20 trade and investment ministers held in Jaipur.

The reforms in the economy as part of the Saudi Vision have made the country world-class. Saudi Arabia was ranked 17th out of 64 countries in the 2023 World Competitiveness Yearbook (IMD) report and 38th out of 138 in the 2023 Logistics Performance Index.

English Summary: Saudi Arabia’s foreign trade grows to 17,200 million dollars in a year.

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