COUNTRY REPORT – SAUDI ARABIA
Saudi Arabia’s logistics sector set for major takeoff and the long haul ahead Thanks to massive infusion of capital and investment in roads, sea ports and airports infrastructure, Kingdom poised for the great leap ahead Growth Trend Analysis by Trade – SAUDI ARABIA Sharp decline observed in both exports and imports in H1 2020.
Exports ( Billion Riyals)
COVID-19 Impact on Trade - Exports, Saudi Arabia, H1 2020 80.0 70.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0
Significant contraction in oil and non-oil exports, Overall exports contracted by 40 % compared to H2 2019
Oil Exports
Non-Oil Exports
Imports (Billion Riyals)
COVID-19 Impact on Trade - Imports, Saudi Arabia, H1 2020 60 50 40 30 20
Overall imports contracted by 27 % compared to H2 2019
10 0
Source: General Authority for Statistics and Frost & Sullivan
36 OCTOBER 2020